Monthly Archives: January 2013
Clive Hedge Fund Assets Said to Fall by 46% After Loss
Bloomberg – Clive Capital LLP’s assets plunged 46 percent in 2012 after the commodity hedge fund lost money for a second year running and investors withdrew their cash, said two people with knowledge of the matter. Clive ended the year […]
Herbalife Unleashes Volley at Fund
WSJ – Herbalife Ltd. trotted out slides, videos and a business-school professor Thursday as it sought to counter a hedge-fund manager’s assertion that the company is a pyramid scheme. Two hedge-fund rivals are squaring off over Herbalife, with one saying […]
TrimTabs and BarclayHedge Report Hedge Funds Take in $4.7 billion in November 2012
BarclayHedge and TrimTabs Investment Research reported that the hedge fund industry took in a net $4.7 billion (0.3% of assets) in November, reversing a $10.3 billion outflow in October. The results are based on data from 2,935 funds. The latest […]
Hedge Funds Finish the Year with Gains and Outperform the S&P 500 in Q4
The Hennessee Hedge Fund Index advanced +1.45% in December (+6.99% YTD), while the S&P 500 increased +0.71% (+13.40% YTD), the Dow Jones Industrial Average gained +0.60% (+7.26% YTD), and the NASDAQ Composite Index advanced +0.31% (+15.92% YTD). Bonds were down, […]
JP Morgan to Disclose Shadow NAVs Daily
J.P. Morgan Asset Management today announced that three of its U.S. money market funds will begin to disclose their market-based NAVs per share (also known as Shadow NAVs) on a daily basis. This additional disclosure will provide investors with greater […]
SAC Capital said to raise hedge fund bonuses amid insider probe
Stamford Advocate – SAC Capital Advisors is raising bonuses for its portfolio managers by 3 percentage points to help retain employees as the U.S. government’s insider-trading probe moves closer to Steven A. Cohen’s $14 billion hedge fund, according to a […]
Former Florida Regulator Joins Hedge Fund Consulting Team
New York (HedgeCo.Net) – Florida’s former chief of the Bureau of Securities Regulation is joining the hedge fund regulatory compliance firm of Virginia-based Oyster Consulting. In his new role as Associate Director, Bill Reilly will support broker/dealers, hedge funds and investment […]
Asian Hedge Funds Lag in Insurance Protection, Citigroup Says
Bloomberg – Asian hedge fund managers’ insurance protection against legal claims for professional wrongdoings lags peers in the U.S. and Europe, according to Citigroup Inc. (C) Sixty-four percent of 47 managers that run Asia-focused funds in Hong Kong, Shanghai,Singapore, Australia and the U.S. own policies including […]
Just Business: 2 Hedge Fund Rivals Clash Over Herbalife
NYT – They are two of the richest and most prominent hedge fund managers in Manhattan. About the same age and athletic build, they favor brash, headline-grabbing investments. They make the rounds in New York charity circles. They live blocks apart in […]
Hall Sets Up Commodities Hedge Fund Five Months After Duet
Bloomberg – Tony Hall has set up Hall Commodities LLP with former colleague Arno Pilz five months after the pair left hedge fund Duet Commodities Fund Ltd. Hall Commodities, based in London’s West End, the center of the capital’s hedge-fund industry, […]
Returns at Hedge Funds Run by Women Beat the Industry, Report Says
NYT – Last year was fairly dismal for the hedge fund industry, almost any way you slice it. But according to a new report, one sector did remarkably well: hedge funds managed by women. An index from the professional services firm Rothstein […]
Efficient Chosen As Research Partner for New STOXX® Managed Futures Index
Source: www.efficientcapital.com Date: 01/08/2013 Warrenville, Illinois, USA – (January 8, 2013) Efficient Capital Management®, LLC (‘Efficient’), a leading provider of multi-manager Managed Futures portfolios, today announced its selection as the research partner for the newly launched iSTOXX® Efficient Capital® Managed […]