Tag Archives: long short equity
Speculation Over Hedge Fund Manager’s Downfall In Full Swing
New York (HedgeCo.net) The Galleon scandal is raging full force, with Raj Rajaratnam’s global hedge funds under a microscope. Supervising the case is U.S. District Court Judge Jed S. Rakoff, who’s ruling on the Merrill Lynch/BofA case, earned him the […]
Hedge Funds Up In September Despite 3Q Risks
New York (HedgeCo.net) – Despite rich equity market multiples and uncertainty surrounding the upcoming 3rd quarter earnings reports, Hennessee Group said that hedge fund investors continued to pile into stocks due to an uptick in merger activity during September. The […]
Credit Suisse/Tremont Hedge Fund Index Estimated to Finish Up +2.67% in September
New York (HedgeCo.net) – Early estimates indicate the Credit Suisse/Tremont Hedge Fund Index (“Broad Index”) will finish up +2.67% in September (based on 65% of assets reporting). Long/Short Equity and Emerging Markets managers experienced another positive month driven by equity […]
Shumway: Another Hedge Fund Falls for BofA
Chris Shumway runs a $5 billion hedge fund and is best known for intensive fundamental research to create long/short equity portfolios. He is a ‘Tiger Cub’ because he formerly served as Julian Robertson’s right-hand man while at Tiger Management. Taken […]
Majedie hedge fund manager sells out of cyclicals
Reuters – Read Complete Article – Majedie hedge fund manager Matthew Smith has rotated his portfolio out of cyclical stocks and into value stocks with high yields, in another sign hedge funds think equities are susceptible to a pullback. Smith, […]
Credit Suisse’s AIR Shows Positive Month for Hedge Funds
West Palm Beach (HedgeCo.net) – Long/Short Equity hedge funds returned positive performance in August mainly as a result of the continued uptrend in equity markets, according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse. “Following […]
Ex-Lehman Trader Bedwick to Manage OGI Global Macro Hedge Fund
Bloomberg – OGI Capital Partners Ltd., a Japanese hedge fund with 3.5 billion yen ($40 million) in assets, plans to almost double in size by starting a global macro hedge fund to be run by Allan Bedwick, a former proprietary […]
Long/short funds push back into markets
Financial Standard – Long/short hedge fund managers increased their net exposure to equity markets, allowing them to post positive returns last month, according to a replication index. The Credit Suisse Long/Short Equity Replication Index, which replicates the performance of major […]
Railways pension invests 65 million pounds in hedge fund
Reuters – The UK Railways Pension Schemes, one of the UK’s largest plans, has invested 65 million pounds in London-based asset manager Goodhart Partners’ global long-short equity fund of hedge funds. Railpen Investments, the fund manager of the industry-wide scheme […]
Credit Suisse Alternative Index Replication Suggests a Positive Month for Hedge Funds
HedgeCo.net (West Palm Beach) – Long/Short Equity hedge funds continued to increase overall net exposures in July, enabling managers to capitalize on market upswings early in the month, according to Jordan Drachman, Head of Research for Alternative Beta Strategies at […]
Rein In Energy Speculation: Hedge Fund Manager
CNBC – The Commodities Futures Trading Commission will seriously consider imposing strict position limits on traders placing bets on energy contracts, and that’s just fine with hedge fund manager Mike Masters. The head of Masters Capital Management blew the whistle […]