Articles and Video on Hedge Funds
Albourne names successor to CEO
trueJohn Claisse, partner at Albourne Partners, will become CEO on Aug. 11.
More hedge fund-of-funds managers see assets rise
trueForty-three percent of hedge fund-of-funds managers said their assets under management increased in 2014, according to Preqin’s latest hedge fund spotlight report. That figure is up from 39% of respondents in 2013 and is the largest proportion of managers reporting an increase in assets since ...
Omega hedge fund firm receives federal subpoenas
trueBillionaire Leon Cooperman, founder of hedge fund Omega Advisors, told clients that his firm has been subpoenaed by the U.S. Attorney’s Office in New Jersey and the Securities and Exchange Commission, seeking information on trading in certain securities.
Fitch: Hedge, private funds are greatest systemic risk to investment management
trueHedge funds and other types of private funds pose the greatest systemic risk for the investment management sector, Fitch Ratings said.
Pennsylvania Public School Employees seeks hedge fund consultant
truePennsylvania Public School Employees’ Retirement System is looking for a hedge fund consultant for the $51.7 billion pension fund.
Oklahoma Firefighters picks hedge fund-of-funds, GTAA managers
trueOklahoma Firefighters Pension & Retirement System hired Permal Group and Allianz Global Investors as a hedge fund-of-funds manager and global tactical asset allocation manager, respectively.
HFR: Hedge fund launches down in 2014
trueThe estimated number of hedge funds launched in 2014 dropped by about 2%, according to data released Friday by HFR. It was the third straight year in which fund launches declined.
Houston Municipal redeems hedge fund investment with Mason Capital
trueHouston Municipal Employees Pension System is redeeming its $10 million investment with hedge fund manager Mason Capital Management, spokesman Peter Koops said in an e-mail.
Tail hedging review
trueSince the start of 2014, we have witnessed increasing interest in tail hedging with large global institutions looking to develop tail hedge mandates. Recent bouts of turbulence since October 2014 have intensified that interest, especially since volatility levels have continued to fluctuate rapidly, ...
Lincoln Police & Fire collars Blackstone for hedge fund of funds
trueLincoln (Neb.) Police & Fire Pension Fund hired Blackstone Group to manage $10 million in a hedge fund of funds.
NYC pension fund rejects investment in hedge fund run by charter school backer
trueNew York City's $54 billion pension for civil employees rejected a recommendation by the comptroller's office to invest in a hedge fund run by one of the biggest financial backers of charter schools.
San Francisco City & County launches hedge fund consultant, fund-of-funds search
trueSan Francisco City & County Employees' Retirement System is searching for a hedge fund consultant and/or hedge fund-of-funds manager.
Everest Capital said to shut most funds as clients flee over losses
trueMarko Dimitrijevic, a hedge fund manager who survived a quarter-century of gyrations in emerging markets, is returning most of the money in his Everest Capital after a disastrous bet against the Swiss franc in January caused clients to flee.
Hedge fund managers to gear business toward pension funds — survey
trueAs the hedge fund industry changes, so will the way managers structure, manage and market their products, said a report from KPMG International, Alternative Investment Management Association and Managed Funds Association.
Man Group CEO: Oil price collapse has presented buying opportunities
trueThe oil price collapse over the past eight months has presented investors with stock-picking opportunities to add returns, said Emmanuel Roman, CEO of Man Group.