Monthly Archives: January 2013
Among Asia’s hedge funds, smaller was better last year
Reuters – The region’s largest hedge funds – those managing more than $500 million – delivered weaker returns on average than nimbler, small to medium-sized funds, according to fund research and people with knowledge of the individual funds. In a […]
Peter Schiff’s response to distrusting the gold
User Contributed News – Recently, a MoneyWatch blogger named Larry Swedroe encourages investors to be wary of predictions connected to gold, having this position since 2009, during which period gold has many times outperformed stocks. The last post of Swedroe has […]
Hedge Fund People: Jessica Nicosia Joins J E Moody & Company
New York (HedgeCo.Net) – Jessica Nicosia has joined $350mm hedge fund manager J E Moody & Company LLC (JEM), as Director of Business Development. In her role at JEM, Ms. Nicosia will lead the firm’s business development efforts, including investor relations and […]
Ernst & Young Wins Two Hedge Fund Awards
New York (HedgeCo.Net) – Ernst & Young LLP, has received the award for Best Audit Services in the 2012 HFMWeek U.S. Hedge Fund Services Awards and was ranked as the top audit and accounting firm in Hedge Funds Review’s 2012 Service Provider Rankings. This […]
Women hedge-fund managers outperform men
St Louis Business Journal – Women hedge-fund managers outperformed men rather dramatically through 2012, with average returns of 8.95 percent compared with the global hedge fund index’s 2.69 percent. What’s more, women-run hedge funds also beat that index in the […]
Gam reorganises to better integrate hedge fund and mutual fund businesses
Hedge Funds Review – Changes are taking place at Gam as the hedge fund manager reorganises its operations and acquires a minority stake in US-based manager QFS. Gam now manages $48 billion across its entire product range. Gam Holding is […]
Hedge Funds Find That Activism Pays
BusinessWeek – Onetime Carl Icahn protégé Keith Meister, 39, engineered a quick sale of Ralcorp Holdings (RAH), which makes private-label foods for grocers. In August he bought 5 percent of Ralcorp, which walked away from a takeover bid by rival ConAgra Foods (CAG) the […]
Hedge fund buys Legacy Golf Club for $3 million
Tampa – New York hedge fund bought Legacy Golf Club in Lakewood Ranch for $3 million. The premier course is almost 16 years old and was designed by golf legend Arnold Palmer. The previous owner of the course, Textron Financial Corp., acquired it for […]
Hedge fund manager: Aerospace taking off
CNN – The Dreamliners may be temporarily grounded, but one hedge fund manager is betting that aircraft makers are about to take off. “The aerospace industry was essentially put on hold during the few years since the financial crisis, but […]
Herbalife: Hedge Fund Porn, Part II
Seeking Alpha – The first part of the Herbalife (HLF) action arose in December when billionaire Bill Ackman announced a 20 million share short position. Bronte Capital’s John Hempton first coined the phrase “hedge fund porn” when describing the Ackman […]
Decosimo Provides Leadership For National Hedge Fund Tax & K-1 Boot Camp Seminar
New York – Decosimo, a Top 100 accounting and business advisory firm, will be lending its leadership for hedge fund education targeting hedge fund investors and management teams. Decosimo is providing support as the lead sponsor and Principal Karl J. Jordan, […]