Category Archives: Syndicated
BlueCrest set for $235m IPO of BlueTrend
Telegraph – BlueCrest, which manages assets of $28.6bn altogether, shot to fame when it part-relocated to Geneva for tax reasons in 2010. BlueTrend will be the second fund the firm spins out into a second listing after its AllBlue business […]
Did Hedge Funds Trigger the Financial Crisis?
CNBC – Hedge funds have mostly been exonerated in the typical narrative of the financial crisis, which concentrates blame on some combination of mortgage lenders, investment banks and government agencies. A new paper by Yale professors Gary Gorton and Guillermo Ordonez, however, […]
Alden Global maneuver sets off speculation about Philly newspapers
Philadelphia Inquirer – Over the summer, Alden Global Capital acquired 100 percent of the Yardley-based Journal Register Co. newspaper chain when it bought the shares owned by fellow hedge fund investors. Now Alden Global may be looking to reduce or […]
SEC Probes Deutsche Bank CDO Deal With Paulson, Spiegel Says
Bloomberg – The U.S. Securities and Exchange Commission is investigating a collateralized debt obligation transaction in which Deutsche Bank AG (DBK) allowed U.S. hedge fund Paulson & Co. to select mortgage-backed securities, Der Spiegel reported. For a CDO called “START,” […]
BlueCrest plans listed access to BlueTrend computer fund
Investment Europe – BlueCrest Capital Management is to float a feeder into one of its most successful hedge funds on the London Stock Exchange before April, helping the listed hedge fund market return to levels of activity more typical before […]
Long/Short Hedge Fund Alpha Won’t Actually Disappear By 2019
Seeking Alpha – As a specialist in understanding sources of business value and applying that to investing, I was interested to see how the Long/Short Hedge funds are doing. Running through some data from the EDHEC database, I created the charts […]
As a group, hedge fund performance ‘shockingly bad’
Royal Gazette – We often hear that hedge funds are run by the best and the brightest. Their strategies tend to give them ultimate flexibility and of course the highest fees. And most marketing materials claim they can offer investors […]
Hedge fund Gottex to cut costs as assets shrink
Reuters – Swiss fund of hedge funds manager Gottex said it would slash running costs by 15 percent in 2012 after assets fell by some $1 billion from a year earlier as some large clients pulled money in order to […]
Dexion Capital expands role as hedge fund service provider
Bloomberg – Hedge funds increased wagers on rising commodity prices to the most in two months and the rally in raw materials accelerated as the Federal Reserve pledged to keep borrowing costs low for three more years. Money managers raised […]
Anger grows over RBS chief’s £900,000 bonus
Guardian – Ed Miliband and Boris Johnson have joined the chorus of criticism over the decision by the Royal Bank of Scotland to award its chief executive a bonus of nearly £1m. The bank is more than 80% owned by the taxpayer, and Johnson, the […]
Hedge funds lift Romney’s income
Boston Globe – Though Mitt Romney made his reputation as a private equity investor, his tax returns show the presidential candidate has a large portion of his wealth in an even more aggressive corner of the investment world: hedge funds. […]
Hedge Funds Eyeballing Shares of GM
MSNBC – An investment in GM offers upside to the cyclical recovery in the North American markets, as well as the best possible exposure to the secular growth in the BRIC countries, particularly China, but also Brazil. Balance sheet and […]