Monthly Archives: January 2013
Agecroft Partners Predicts Top Hedge Fund Industry Trends for 2013
User Contributed News – Agecroft Partners predicts that the hedge fund industry will set a new record for assets in 2013 despite the lackluster investment performance for the industry over the past two years. This will be driven by pension […]
New Documentary on the Financial Crisis “The Bubble”
User Contributed News – It is official! Tom Woods, a bestselling author from the New York Times is working with a team of experts to release a new documentary called ‘The Bubble’. The creators’ team includes important figures like Jim Rogers, […]
Hedge Fund People: Julie O’Hara Joins Carne’s Global Fund Governance Team
New York (HedgeCo.Net) – Julie O’Hara is the latest independent fund director to join hedge fund advisor Carne Group. Her appointment brings the total number of the firm’s fund directors to twenty. Julie joins Carne from hedge fund law firm […]
SS&C GlobeOp Capital Movement Index: Hedge fund flows declined 2.58% in January
New York (HedgeCo.Net) – SS&C GlobeOp announced that its Performance Index for December measured 1.27% and its Capital Movement Index showed net flows decline 2.58% in January, 2013. There are high volumes of asset movement between funds, with redemptions overtaking […]
Why Twitter and Facebook are stockpickers’ friends
Telegraph – Derwent Capital Management (DCM), which used to run a hedge fund based on Twitter feeds, said it wanted to “create a community of better informed traders”. “Social media creates a vast amount of information, and it has been proven that […]
LindenGrove launches first hedge fund with NewAlpha seed capital
Hedge Funds Review – Former Nomura proprietary traders have launched their first hedge fund. The global macro fund, with a particular focus on inflation and credit, has received seeding from NewAlpha Asset Management. LindenGrove Capital, the hedge fund manager established […]
RBS to Slash Bonuses to Pay LIBOR Fines
HedgeWorld – Royal Bank of Scotland is preparing to slash bonuses for its investment bankers this year to help pay fines for its role in an interest rate rigging scandal, a source familiar with the situation said. The partly state-owned […]
Clearinghouses Embroiled in Swaps Data Fight
Reuters – The CME Group and Depository Trust and Clearing Corporation are locked in a controversial battle regarding the dissemination of cleared swaps data to regulators and the public, a primary tenet of the G20 regulatory commitments and Dodd-Frank statute, […]
Hedge-Fund Leverage Rises to Most Since 2004 in New Year
Bloomberg – Hedge funds are borrowing more to buy equities just as loans by New York Stock Exchange brokers reach the highest in four years, signs of increasing confidence after professional investors trailed the market since 2008. Leverage among managers […]
Hedge funds say good riddance to 2012
CNN Money – Harpooning JPMorgan’s London Whale? Nope. Despite sniffing out and profiting from JPMorgan’s bet on an obscure credit derivative index, Boaz Weinstein’s Saba Capital appears to have lost money for investors in 2012. The fund lost 2.7%, through […]
Obama nominates Lew to succeed Geithner at Treasury
Reuters – President Barack Obama on Thursday nominated his chief of staff, Jack Lew, as the next Treasury secretary, praising him as a expert on the pressing national issues of U.S. government spending cuts and deficit reduction. If confirmed by […]
London Quantitative Hedge Funds Report Second Year of Losses
Bloomberg – Hedge funds that use computers to follow trends lost money for a second straight year in 2012 as political debates over the U.S. fiscal cliff and Europe’s sovereign-debt crisis roiled markets. The Newedge CTA Trend Sub-Index, which tracks […]