Category Archives: Hedge Fund Strategies
Six Hedge Fund Players Top $1 Billion Payday
New York (HedgeCo.Net) – Forbes put out a list of hedge fund executives with the most pay in 2013. The 25 highest-earning hedge fund managers and traders made $24.3 billion in 2013. George Soros had the highest pay, $4 billion. […]
Hedge Fund Strategy: BNY Mellon Acquires HedgeMark
New York (HedgeCo.Net) – BNY Mellon has signed an agreement to acquire the remaining 65% interest of current affiliate and hedge fund risk analytic services, HedgeMark International, LLC., Zacks Equity Research reports. BNY Mellon has held a 35% ownership stake in HedgeMark since […]
Deutsche Bank: Hedge Funds To Reach $3 Trillion In 2014
New York (HedgeCo.Net) – Hedge funds are expected to reach a record breaking $3 trillion by year-end 2014, up from $2.6 trillion in 2013, Deutsche Bank reports. The 12th annual Alternative Investor Survey is is based on investors’ predictions of $171 billion […]
Hedge Fund Manager Research Is Paramount Says Northern Trust Director
New York (HedgeCo.Net) – Hedge funds trailed the S&P 500 in 2013, the fifth year in a row. Yet, while hedge funds returned an average 7.4% last year, some investors saw double-digit returns from their hedge fund managers. According to […]
Study: Education Paramount as Alternatives Become More Mainstream Among Investors
New York (HedgeCo.Net) – Despite the growing proliferation of liquid alternative funds attracting considerable assets from investors, a recent study shows a vast majority of certain investors are not familiar with the term alternative investment. In November of 2013 Invesco […]
Hedge Fund Goes After Anonymous Blogger For Spilling Trade Secrets
New York (HedgeCo.Net) – David Einhorn, the founder of hedge fund Greenlight Capital is going after anonymous blogger “Valuable Insights” who posts on the financial website ValueWalk. Einhorn filed a lawsuit seeking to identify the financial blogger in order to sue […]
California Hedge Fund Universa Investments Moves To Miami
New York (HedgeCo.Net) – Equity tail hedging fund Universa Investments is moving its headquarters from Santa Monica, Calif. to Coconut Grove, Fla. on March 1. The move makes it the first high-profile firm to move to Miami since Miami’s Downtown Development Authority […]
Hedge Funds Outperform Underlying Markets In January
New York (HedgeCo.Net) – Hedge funds surpassed the MSCI World Index by over 3% in January, according to new data from the February 2014 Eurekahedge report. Almost 90% of fund managers outperformed underlying markets during the month. Final figures for […]
Warren Buffett’s $1 Million Hedge Fund Bet
New York (HedgeCo.Net) – Billionaire philanthropist Warren Buffett made a decade long bet with hedge fund manager Protégé Partners that funds that invest in hedge funds couldn’t beat the stock market , profit wise. The prize, Berkshire Hathaway stock worth almost $1.3 million as of the end […]
Hedge Funds Go After Bankers For “Aiding And Abetting” Petters’ Ponzi Scheme
New York (HedgeCo.Net) – A group of six hedge funds led by Ritchie Capital Management are suing J.P. Morgan, Bank of America, Wells Fargo, UBS, Merrill Lynch and 7 other entities. The hedge funds claim that the banks “aided and abetted Thomas […]
Conifer and Vastardis Merge To Form Global Hedge Fund Administration Firm
New York (HedgeCo.Net) – Hedge fund administrators Conifer Group, LLC, and Vastardis Capital Services Holdings LP. have signed a definitive merger agreement combining the two companies to form Conifer Financial Services, LLC. At inception, Conifer Financial Services will have combined assets under administration […]