Monthly Archives: January 2015
Silvermine Acquired by Man Group’s Hedge Fund Arm
New York (HedgeCo.Net) – Man Group announced today the close of their previously announced acquisition of Silvermine Capital Management LLC, a Connecticut-based leveraged loan manager with $3.8 billion in AUM. Silvermine will be integrated into Man GLG, and will complement […]
The Woman Who Is Posting Some Of The Hedge Fund World’s Best Returns
Forbes – Nehal Chopra, the founder of Ratan Capital Management, is a rarity in the rich $2.8 trillion world of hedge funds these days. The vast majority of hedge fund managers have been unable to keep up with the booming […]
HedgeCoVest Continues To Build An Impressive Roster of Leading Hedge Fund Managers
New York (HedgeCo.Net) HedgeCoVest continues to attract some of the largest managers in the industry to its real time hedge fund replication platform. $21bn fund manager Fred Alger Management is the newest firm to join the HedgeCoVest roster as it […]
The January 2015 Eurekahedge Report has been released
New York (HedgeCo.Net) – January’s issue of The Eurekahedge Report focuses on the global hedge fund industry which currently stands at US$2.13 trillion. Along with regular coverage of monthly returns, performance and asset flows, this month report features a special section […]
Swiss Franc Trade Wipes Out Hedge Fund Accustomed to Debt Crisis
Bloomberg – Marko Dimitrijevic made a smart bet in December. The hedge fund manager, wagering the Swiss franc would fall, profited after voters there rejected a plan to have the central bank hold a fifth of its assets in gold. […]
Cornwall Pension Fund chooses Man for hedge fund strategy
IPE – The £1.5bn (€1.6bn) Cornwall Pension Fund has appointed Man FRM, a hedge fund, to manage a £120m allocation following an investment review. The local authority scheme is set to increase its allocation to hedge funds dramatically after it decided […]
Boss of UK hedge fund Weavering convicted in fraud case
Reuters – The boss of collapsed UK hedge fund Weavering could be jailed for up to 10 years after being found guilty of fraud by a London court on Monday, giving Britain’s Serious Fraud Office (SFO) one of its most […]
$1 Billion Swedish Hedge Fund Bets Draghi to Aid European Stocks
Bloomberg – Catella Hedge Fund, a Swedish investor with more than $1 billion in assets under management, is buying up stocks it says will do well if Europe’s recovery picks up. After returning 8.2 percent last year and 7.5 percent […]
New Activist Hedge Fund Has CEO Backing
WSJ – Two Wall Street deal makers are starting an activist hedge fund with a collaborative approach to management, hoping that financial backing from chief executives as well as their own experience advising boards under fire will open more doors […]
Boss of UK hedge fund Weavering convicted in fraud case
Reuters – The boss of collapsed UK hedge fund Weavering could be jailed for up to 10 years after being found guilty of fraud by a London court on Monday, giving Britain’s Serious Fraud Office (SFO) one of its most […]
Worst Two-Week Start for Stocks Since ‘09
New York (HedgeCo.Net) January 15 marked the end of the first 10 days of trading in 2015 and to say it has been a little shaky for the stock market would be putting it mildly. The S&P lost 3.18% in […]