Monthly Archives: March 2013
Fugitive Hedge Fund Manager Arrested in Italy
New York (HedgeCo.Net) – Florian Wilhelm Jürgen Homm, a German hedge fund manager who was on the run for more than five years, has been arrested in Italy on federal fraud charges that accuse him of orchestrating a market manipulation […]
Hedge Funds Cut Commodity Bets to ’09 Low as Goldman Says Buy
Bloomberg – Hedge funds cut bets on a commodity rally to a four-year low on signs of surplus supply in everything from coffee to zinc before Goldman Sachs Group Inc. said prices had fallen too far and investors should buy. […]
Falling correlations signal better times for equity long/short hedge funds
Risk – Analysis from JP Morgan shows strong relationship between intra-stock correlation and equity long/short hedge fund returns. Equity long/short hedge funds are benefiting from a drop in intra-stock correlation, which has held below its five-year average since mid-2012. Read […]
Hedge funds most bearish on ags since 2009 crisis
Agrimoney – Hedge funds turned their most bearish on agricultural commodities since the depths of the global financial crisis – but appear to have been wrong-footed in lean hogs – ramping up short bets– just ahead of a rebound in […]
Hostess Creditor, Private-Equity Firms Show Interest in Twinkies Brand: Report
CNBC – Hostess Brands creditor Silver Point Capital and hedge fund Hurst Capital have expressed interest in buying Hostess’s snack cake brands, including Twinkies, the New York Post reported. Silver Point Capital sent a letter to Hostess’s bankers in the […]
Hedge fund investors rediscover taste for equities-survey
Reuters – Hedge funds which bet on rising and falling shares have jumped to the top of investors’ buy lists, a survey by Credit Suisse showed on Thursday, as a rebound in stocks encourages a return to a sector many […]
Paulson Drops as Hedge Funds Fall 0.4% in February
Bloomberg – Hedge funds fell 0.4 percent last month, trailing global stocks, as funds including those at John Paulson’s Paulson & Co. and Ray Dalio’s Bridgewater Associates LP posted declines in February. Multistrategy and macro managers decreased last month, while […]
Hedge Funds Heart Google
CNBC – Hedge funds used to love Apple. Now it’s Google’s turn to be top dog. Research from Citi Investment Research shows that the search giant took the top holding spot in the top 50 actively managed US mutual funds […]
Miners Under Mayfair Hedge Funds Swap Coal for London Mud
Bloomberg – Greg Reichmann used to mine coal for Xstrata Plc (XTA) in Australia’s Queensland state. Now he’s a tunneler under Mayfair, the most expensive place in the world to rent office space and home to London’s hedge-fund district. Reichmann, […]
Learn it: Form PF Filings
Hedge fund service provider NorthPoint, has completed the February 2013 round of Form PF submissions for a broad range of hedge fund and asset management clients. “Form PF is an exercise for which it definitely pays to ‘measure twice and […]
Activist US hedge fund halves National Express stake
Telegraph – Elliott Advisors, which failed it its attempt to put three of its own representatives on the board and force the company into a merger, placed just over 50m shares at about 215p. The placing, which came after the […]
Activist US hedge fund halves National Express stake
Telegraph – Elliott Advisors, which failed it its attempt to put three of its own representatives on the board and force the company into a merger, placed just over 50m shares at about 215p. he placing, which came after the […]