Monthly Archives: June 2014
Hedge Funds Cross $2.1 Trillion
New York (HedgeCo.Net) – The Eurekahedge Hedge Fund Index is up 1.15% as global markets showed signs of stabilisation following a choppy start to the year. On a year-to-date basis, hedge funds are up 1.91% while the MSCI World Index […]
The unglamorous life of hedge fund startups
CNN – Situated on the 46th floor of a gleaming office tower in lower Manhattan, Mike Winston is running his hedge fund empire. But he’s no Gordon Gekko. Missing is the sleek trading floor with its supercharged technology and legions […]
Ray Dalio: Hedge Fund Manager on Machine World
Westport NOW – In a rare wide-ranging interview with The Wall Street Journal, Ray Dalio, founder of Westport-based Bridgewater Associates, says he built the world’s largest hedge fund by creating a culture of “radical truth and radical transparency.” WestportNow.com Image […]
Hedge fund trim Brent crude bets, slash gasoil net longs-ICE
Reuters – Hedge funds and other large speculators cut their bets on higher Brent crude oil prices in the week to June 3 and slashed positions in ICE gas oil by more than 40 percent, data from the Intercontinental Exchange […]
Ex-Goldman, Noble execs target July launch for Asia hedge fund
Reuters – Guard Capital Management, a hedge fund start-up by two top traders formerly with Goldman Sachs and Noble Group, is aiming to launch next month and has hired at least four executives, one person with knowledge of the matter […]
Inside the ruthless and camera-shy world of hedge funds
Guardian – Reading the recent New York Magazine piece on Steve Cohen, the billionaire hedge-fund manager of SAC Capital, two themes emerge: he hates fame and he likes to be feared. That is not uncommon on Wall Street, where it’s better to […]
Hedge Fund Association Adds Three Females to Prominent Leadership Positions
New York (HedgeCo.Net) – The Hedge Fund Association (“HFA”), a global nonprofit trade and nonpartisan lobbying organization, announces it has added three female leaders including FINalternatives Publisher Deirdre Brennan as UK Regional Chapter Director; C&A Consulting Director Amy Poster to […]
Kingdom Trust and Alternative Capital Advisers, LLC (ACA) Form Strategic Relationship
New York (HedgeCo.Net) – Alternative Capital Advisers, LLC and The Kingdom Trust Company announce a strategic relationship in which Kingdom will custody investments by IRA owners in alternative strategies through ACA’s Master Select Fund. Alternative Capital Advisers, LLC (ACA), a […]
Hedge fund shorts Saga shares as losses mount for thousands of small investors
Telegraph.co.uk – One of the world’s biggest hedge funds is betting against Saga in the wake of the company’s high-profile flotation that has left hundreds of thousands of private investors out of pocket. GLG Partners, which is part of Man […]
This $12 Billion Hedge Fund Bought Cisco, Microsoft, and Xerox
Fool.com – The latest 13F season is here, when many money managers issue required reports on their holdings. It can be worthwhile to pay attention, as you might get an investment idea or two by seeing what some major investors […]
Conn. ranks high among hedge fund capitals
StamfordAdvocate.com – Connecticut may not be the world’s capital of hedge funds, but it’s not far off — literally or figuratively. The state has the third-most hedge funds managing more than $1 billion in assets, trailing only New York and […]
Hedge funds bet on euro decline
Financial Times – Hedge funds that specialise in anticipating central bank policy have ramped up their bets that the euro will fall as markets price in aggressive action from the European Central Bank to weaken the single currency. So-called global […]