Category Archives: Syndicated

Hedge, Private Equity Managers Must Wait on Bonuses: ESMA

Bloomberg – Senior hedge-fund and private-equity managers may face long waits for bonus payouts in a push by the European Union to impose bank-style pay rules on the industry. Bonuses for risk-taking employees should be withheld for a period of […]

Notz Stucki Expects to Beat Hedge-Fund Investments Gains

Notz Stucki & Cie, a Swiss money manager trying to stem shrinking assets, expects to beat last year’s gain in its hedge-fund investments even as it reduces allocations to alternative funds. Investments in hedge funds including Stephen Mandel’s Lone Pine […]

Apple to ‘evaluate’ hedge fund’s cash demand

CNET – In a response to a legal threat from a prominent shareholder, Apple says it’s still evaluating its cash pile options. After a complaint from a notable Apple investor that the company needs to share more of its cash […]

How a Hedge Fund Can Use Insider Information Legally

CNBC – The government is convinced that money managers who consistently beat the market are probably using insider information to produce these abnormal returns. Unfortunately for prosecutors who want to shut this kind of thing down, one way this is […]

Hedge funds trade on ahead of Argentine debt showdown

(Reuters) – Hedge funds are actively trading in Argentina’s choppy markets ahead of its legal showdown with rebel sovereign bondholders later this month. Investors and creditors are waiting to see if a U.S. court upholds a ruling made on February […]

Kazakh Central Bank Seeks Private Equity and Hedge-Fund Managers

Bloomberg Businessweek – Kazakhstan’s central bank will select private equity fund-of-fund managers and fund-of-hedge-fund managers to place as much as $300 million as the Central Asian nation plans its first alternative investments. The tender requirements stipulate that potential private- equity […]

Commodity hedge funds lose 20% of assets

Financial Times – Commodities hedge funds surrendered at least 20 per cent of their assets last year after investors pulled out large sums following the sector’s worst annual performance in more than a decade, according to fund managers and investors. […]

Hedge Funds Have Bought Yelp, Charter And More

Seeking Alpha – Investors can stay on top of hedge fund activity partly by keeping track of 13D and 13G filings, which report significant percentage stakes in public companies. The nature of the filing requirements means that these filings are […]

Citigroup Names $6.8 Billion Fund-Unit Spinout Napier Park

Bloomberg – Citigroup Inc., the third-biggest U.S. bank, renamed an internal hedge-fund unit Napier Park Global Capital as it spins out the business with about $6.8 billion in holdings under management. Regulators have granted key approvals for the move, and […]

Hedge Fund Titan Einhorn Wants To Lead A Revolt Against Apple

Forbes – Greenlight Capital’s David Einhorn is urging Apple shareholders to vote down a change to the company’s charter that would allow it to stop issuing preferred stock. Investors would be able to repel the proposal at Apple’s shareholder meeting […]

SunTrust sues to stop hedge fund’s $13 million FINRA arbitration

Reuters – SunTrust Banks Inc sued a Connecticut-based hedge fund on Wednesday to block arbitration of a $13 million dispute over mortgage-backed securities. The lawsuit, filed in U.S. district court in Manhattan, is the latest one brought by a bank […]

Hedge fund AUM hits $2.6 trillion in 2012

Hedge Funds Review – Hedge funds finished 2012 in positive territory, according to eVestment. Despite reports of investor dissatisfaction, performance contributed with $116.3 billion increasing overall AUM in 2012. Hedge fund assets increased almost 6% during 2012 to hit $2.6 […]