Category Archives: Hedge Fund Strategies
Citi Survey: Hedge Funds That Invest in People Management Make More Money
New York (HedgeCo.Net) – Hedge funds that invest in people management register higher average investment returns than their peers, according to a new survey from Citi Prime Finance. Citi interviewed a group of 24 hedge funds, each with at least $500 […]
Hedge Fund Giant Man Reports FUM Of $52.5 billion
New York (HedgeCo.Net) – Man announced in its interim management statement for the quarter ended 30 September 2013, that its funds under management (FUM) at 30 September 2013 has reached $52.5 billion with net inflows of $0.7 billion. “The net […]
Survey: Hedge Fund Managers Are Investing In Compliance
New York (HedgeCo.Net) – Hedge fund managers are making significant investments in their firms’ infrastructure to comply with new regulatory requirements, according to a new global survey. The average spend on compliance was at least $700,000 for small fund managers, $6 […]
SEC Seeks Lifetime Ban Against Hedge Fund Billionaire Cohen
New York (HedgeCo.Net) – As SAC Capital is nearing a deal to settle insider trading charges, it has been reported that the hedge fund, run by billionaire investor Steven Cohen, is close to a deal that would include more than […]
8 Hedge Funds File For Advertising Exemption
New York (HedgeCo.Net) – Since Obama’s Jumpstart Our Business Startups Act (JOBs Act), the ban on hedge fund advertising has been lifted. The JOBS Act became law in March 2012 and made the initial recommendation to allow “general solicitation” for […]
General Motors Pays Out $50 Million To Hedge Funds
New York (HedgeCo.Net) In a bid to finally end litigation going back to 2009, General Motors has agreed to pay out $50 million to hedge funds that believe they were wronged in a 2009 deal with regards to the company’s […]
New York Hedge Fund Manager Buys Florida Panthers For $240 Million
New York (HedgeCo.Net) The CEO and founder of New York hedge fund Virtu Financial, an electronic trading firm with offices in the U.S., Singapore and Ireland, has bought the Florida Panthers for $240 million, according to sources. “We understand that the […]
Hedge Fund Mergers And Acquisitions: GAIN Capital Completes Acquisition of GFT
New York (HedgeCo.Net) – Hedge fund resource provider GAIN Capital Holdings, Inc., has completed the acquisition of Global Futures & Forex, LTD (“GFT”). “The acquisition of GFT will yield numerous benefits for our clients, partners and shareholders,” said Glenn Stevens, Chief […]
Global Hedge Fund AUM Declines in August, New Launches Up
New York (HedgeCo.Net) – Hedge funds witnessed slightly negative returns in August according to this month’s Eurekahedge Hedge Fund Index, which was down 0.23%. Global hedge fund AUM declined by $6.3 billion, but on the bright side, launch activity picked up the pace […]
Hedge Funds Dump Bullish Bets On US Oil As Threat Of Syria War Recedes
New York (HedgeCo.Net) – Hedge funds have cut down on their bullish bets on West Texas Intermediate (WTI) crude now that the risk of disruption in Middle East oil exports has been diminished, Bloomberg reports. “The last few weeks, the market […]
Who Hedge Fund Managers Backed In The NYC Mayoral Primary
New York (HedgeCo.Net) – Prominent NYC hedge fund managers came up empty in the NYC Democratic mayoral primary, Absolute Return reported today. Dan Loeb (Third Point), Robert Ziff (Och-Ziff) and Peter McKown (Prince Street) were among those giving big to […]