Monthly Archives: January 2015
Hedge funds end 2014 in positive territory with Asia ex-Japan outperforming regional mandates
New York (HedgeCo.Net) – Hedge funds closed the final month of the year in positive territory with the Eurekahedge Hedge Fund Index up another 0.25% in December while the MSCI World Index finished the month down 0.80%. In 2014 as […]
Hedge Funds Got Whacked By The Swiss Franc Rally
Reuters – Currency speculators, particularly large global macro hedge funds with big short positions in the Swiss franc, are staring massive losses in the face after the Swiss National Bank shocked markets on Thursday by removing a three-year-old cap on […]
India-focused hedge fund gives 61% return in 2014
Economic Times – Kuwait-based Global Investment House (Global) has announced that the Mayur Hedge Fund, a growth oriented fund with a net long bias, has reported 61 per cent return for the year 2014. The Mayur Hedge Fund is an […]
Loeb King Says It’s Closing as Hedge Fund Rules ‘Cumbersome’
Bloomberg – Loeb King Capital Management, an investment firm with about $1 billion, is closing after principal Gideon Kingdecided to manage his own money. “You will just be more profitable if you run your own capital,” King, 45, said in […]
World’s Top 10 Hedge Fund Firms
Investopedia – Hedge funds are an advanced level portfolio of investments, containing a mix of leveraged derivatives, as well as long and short positions of domestic and international markets, based on advanced methodologies. These funds are intended for sophisticated high-risk, […]
Man Group wins hedge fund mandate for UK’s Cornwall pension fund
Reuters – Hedge fund Man Group said on Thursday it had won the mandate to manage the hedge fund allocation for British local government region Cornwall’s pension fund. The allocation has a target size of 8 percent of the 1.5 billion […]
Rothschild To Strengthen Hedge Fund Asset Management With Two New Hires
New York (HedgeCo.Net) – New York-based hedge fund giant, Rothschild Asset Management, has announced plans to strengthens its alternative investment business through the addition of Shakil Riaz and his long time friend, Anthony Marzigliano, Bloomberg reports. Shakil Riaz is to […]
Hennessee: Hedge Funds Gain +0.04% In December
New York (HedgeCo.Net) – In December, managers went into risk-off mode as the rout in oil prices continued aggressively and signs of further deterioration in global economic growth, according to Charles Gradante, Co-Founder of Hennessee Group LLC. The absence of […]
Ackman: McDonald’s Stock Is ‘Not Cheap’
Business Insider – Hedge fund titan Bill Ackman, the CEO of $18 billion Pershing Square Capital Management, made some pretty negative comments on McDonald’s Wednesday on Bloomberg TV’s “The Pulse.” From Bloomberg TV (emphasis ours): “You know, at this point, […]
Hedge Funds Set to Win on Bonds of Germany’s Depfa Bank
WSJ – A group of New York hedge funds is among those who likely will profit on the bonds of Depfa Bank, after the lender’s parent proposed on Wednesday to buy back some of its debt. Hedge funds representing two-thirds […]
Computer-Driven Hedge Funds End Three-Year Losing Streak
WSJ – A little-known but long-established London hedge fund showed a clean pair of heels to peers last year, ratcheting up a gain of almost 70% as funds of its style staged a comeback in Europe. Mulvaney Capital Management’s Global […]
Ex-SAC’s Kumin Said to Gather $1 Billion for Hedge Fund Startup
Bloomberg – Solomon Kumin, who was chief operating officer of billionaire Steven A. Cohen’s SAC Capital Advisors, is on track to gather $1 billion for his hedge fund firm when it starts trading in March, according to a person familiar with […]