Category Archives: Syndicated
More Evidence Hedge Funds Are an Expensive Way to Trail the S&P 500
Bloomberg Businessweek – For those who take delight in the so-called “smart money” underperforming the “dumb money,” here are some enjoyable new data points that show hedge funds continue to be an overpriced, middling asset class. Goldman Sachs’s (GS) quarterly […]
Investment bank North Street Group acquires fund administrator Hedge Fund Solutions
Opalesque – North Street Group, a capital markets and investment banking firm, today announced the acquisition of Hedge Fund Solutions, LLC, a New York based Alternative Asset Service Provider. Additionally, North Street Group announced the name change and rebranding of […]
May 2013: Hedge funds gained $100 billion in four months, highest level since 2008
Hedge funds posted positive returns in April continuing their consecutive sixth month streak. The Eurekahedge Hedge Fund Index was up 0.87% during the month as most markets trended upwards. The MSCI World Index gained 2.02% in April. Highlights from this […]
Beyond 60/40: The evolving role of hedge funds in institutional investor portfolios
The AIMA Investor Steering Committee (ISC), a committee of institutional investors that undertakes educational initiatives and provides practical guidance within AIMA, the global hedge fund industry association, has published a new paper on the evolving role of hedge funds in […]
RI paid millions to hedge-fund managers
SFGate – Rhode Island paid hedge-fund managers almost $16 million in fees during 2012 to manage the state’s $1 billion hedge-fund portfolio. The figures were released Wednesday by General Treasurer Gina Raimondo in response to requests from the media for information about the […]
Sony CEO says board mulling hedge fund boss Loeb’s proposal to spin off entertainment business
Washington Post – Sony’s CEO Kazuo Hirai says the electronics giant’s board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division. Hirai was asked […]
Big Hedge Funds Suddenly Bullish
Barrons – Be bullish. That’s the overarching message from the options market as it fills with talk of two major developments that suggest the stock market will keep rallying to new record highs. Major hedge funds are reportedly buying, or have […]
Google Is The New Hedge Fund Hotel, Boeing The Market Darling, And Apple’s Looking Rotten
Forbes – The 50 largest hedge funds in the world decided to sell Apple in the first quarter, replacing it with Boeing and, interestingly, Norwegian Cruise Holdings which went public in January, according to a report by FactSet. The group […]
Sony mulls hedge fund’s entertainment sale idea
TOKYO (AP) — Sony’s CEO Kazuo Hirai says the company’s board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division. Hirai was asked about […]
SEC’s Walter suggests agency may move forward on hedge fund ad rule
A commissioner on the Securities and Exchange Commission on Monday said she supports allowing hedge funds to publicly advertise, but she also raised concerns about how a proposal under consideration by the agency doesn’t seem to consider a number of […]
Russia asks Interpol to monitor movements of British hedge fund boss Bill Browder
The Independent – Russia has applied to Interpol to monitor the travel and whereabouts of a British hedge fund boss wanted by Moscow who is at the heart of a diplomatic stand-off over the alleged killing of whistle-blowing lawyer Sergei […]
Hedge Funds Boost ICE Brent Crude Net-Longs to Six-Week High
Bloomberg – Hedge funds and other money managers raised bullish bets on Brent crude to their highest level in six weeks, according to data from ICE Futures Europe. Speculative bets that prices will rise, in futures and options combined, outnumbered […]