Monthly Archives: January 2015
HT Capital Shuts Asia Hedge Funds After Losses, Redemptions
Bloomberg – HT Capital Management, the Hong Kong-based investment firm run by the husband and wife team of Karl Hurst and Ophelia Tong, is shutting its hedge funds because of high operational costs and “disappointing performance.” HT Capital will close […]
How Wall Street Star Meredith Whitney’s New Hedge Fund Unraveled
BusinessWeek – It took less than a year for Meredith Whitney’s hedge fund to begin unraveling. Her American Revival Fund started investing in heartland stocks in November 2013, after the Wall Street star predicted on TV and in a book […]
Hedge Funds Take Cautious Line on Stocks
WSJ – Wall Street analysts are recommending investors buy stocks of large U.S. companies. But some hedge funds are holding back. Prominent firms, such as the $14 billion CQS LLP and Passport Capital LLC, which manages $4 billion, have cut […]
Wealth Manager Rob Konrad Survives 9-mile Atlantic swim after Fishing Accident
West Palm Beach (HedgeCo.Net) — 38-year-old Miami-based Wealth Manager and former NFL fullback, Robert Konrad survived a fishing accident by swimming for 12-hours to safety. West Palm Beach’s WPTV reports that friends reported Konrad missing on Wednesday after he didn’t return from […]
15 Investment Tips for 2015
Jan. 9, 2015, New York (HedgeCo.Net) Whether you’re a first-time investor or have been investing for years, here are fifteen tips to help you make more informed financial decisions and avoid common investment scams in 2015. Always check the background […]
Hedge Fund Employee Compensation Increases Significantly in 2014
January 9, 2015, New York (HedgeCo.Net) According to the 2015 Hedge Fund Compensation report from Benchmark Compensation, hedge fund employees fared much better than the actual performance of their funds. Between the base salary increases and an increase in bonuses, […]
Earnings Season Set to Kick Off Monday
January 9, 2015, New York (HedgeCo.Net) Alcoa (AA) is set to report earnings after the closing bell on Monday, January 12 and that will kick off the next round of earnings season. Given the rally the market has experienced for […]
SEC Announces Charges Against N.Y.-Based Firm and Three Executives Accused of Siphoning Investor Money
January 8, 2015, New York (HedgeCo.Net)— The Securities and Exchange Commission has announced charges against three fund managers and their New York-based firm accused of secretly diverting investor money for their own benefit to prop up a fledgling side business. […]
The Pulse of Large and Small Investors in 2015
New York (HedgeCo.Net)—In most industries bigger is better. You have bargaining power as a big business and you have economies of scale that allow you to buy goods at a lower cost. In the hedge fund industry, sometimes it is […]
SEC Enhances Program to Facilitate Analysis of Financial Data
January 8, 2015, New York (HedgeCo.Net)— The Securities and Exchange Commission has announced the launch of a pilot program to facilitate investor analysis and comparisons of public company financial statement data. Under the new program, data that companies provide in structured formats […]
Liquid Alternatives: A Step in the Right Direction
January 8, 2015, New York (HedgeCo.Net)—There is a lot being written and said about “40-Act Funds” right now. You may also hear them called alternative mutual funds or liquid alts. The name ’40 Act Funds is a reference to the […]
Judge Rules in Favor of Hedge Fund ‘Appraisal Arbitrage’ Strategy
WSJ – Hedge funds looking for higher payouts in corporate buyouts scored a win this week. In a case stemming from the 2012 buyout of Ancestry.com Inc., a judge on Monday ruled shareholder Merion Capital LP didn’t have to prove […]