Articles and Video on Hedge Funds
Managed futures funds gain 3.5% in April, lead all hedge fund strategies year to date through April
Index data released Wednesday show managed futures funds rose 3.5% during the month - the most of any substrategy in the Dow Jones Credit Suisse Hedge Fund index. Year to date, managed futures funds are up 7.29%, 87 basis points higher than long/short equity funds and 107 basis points higher than
PENN Capital adds investor relations post for alternatives
Richard Griffith III joined PENN Capital Management Co.'s investor relations team, with primary responsibility for marketing the firm's alternative investment approaches.
Citi: Institutional hedge fund investments will climb to $2.3 trillion by 2017
Global institutional investment in hedge funds is predicted to increase 56% to $2.3 trillion by year-end 2017 from the end of 2012.
Level Global Investors co-founder sentenced to 6½ years in prison
Level Global Investors co-founder and portfolio manager Anthony Chiasson was sentenced Monday by U.S. District Judge Richard Sullivan in New York to serve 78 months in prison and to pay a $5 million fine.
Falcone agrees to 2-year ban in proposed SEC settlement
Philip Falcone, the hedge fund manager who was sued by U.S. regulators over claims he improperly borrowed client money to pay taxes, has agreed to be barred from acting as an investment adviser for two years.
Hedge funds see opportunities in credit investments
The sensitivity of mortgage and other credit investments to an anticipated rise in interest rates can be mitigated, a credit hedge fund manager told attendees at the SkyBridge Alternatives Conference in Las Vegas Wednesday.
Gottex, Astmax to offer absolute-return strategies to Japanese institutional investors
Gottex Fund Management and Tokyo-based Astmax Asset Management announced Thursday an agreement to work together to provide institutional investors in Japan with absolute-return-focused investment strategies, including hedge funds and multiasset approaches.
eVestment: Hedge funds on pace to double 2012's returns
Average aggregate hedge fund returns in 2013 are on pace to more than double the 7% average of 2012, according to performance analysis by eVestment.
Operational opportunities to reduce hedge fund expenses
As the hedge fund industry has grown, so has the cost of running a fund complex. The upsurge in expenses has hastened in recent years, as firms have begun to invest in new technology and additional staff to deal with the issues of a quickly changing landscape. Regulations and investor needs have ...
Vinik's global value head to start own firm as Vinik shuts down
David Iben, head of the global value group at Vinik Asset Management, plans to form his own independent investment management company, possibly based in Vinik's Tampa, Fla., office.
Och-Ziff assets jump 7.4% in quarter, 16.3% in year
Och-Ziff Capital Management Group, New York, reported assets under management of $35 billion as of March 31, up 7.4% from the previous quarter and up 16.3% from a year ago.
Ex-Diamondback portfolio manager gets 4½ years for insider trading
Todd Newman, a former portfolio manager at hedge fund specialist Diamondback Capital Management, was sentenced to 4½ years in prison for his role in an insider-trading scheme that the U.S. said reaped $72 million.
Top endowments, foundations had more equity, less alternatives
The top-performing foundations and endowments in 2012 had the same two things in common — higher equity exposure and lower allocations to alternatives — according to a spotlight report from the Wilshire Trust Universe Comparison Service.
CalPERS asks Milken crowd for hedge fund resumes
CalPERS continues to build out its hedge fund capability and seeks four additional investment professionals to join its six-person team, said Egidio “Ed” Robertiello, senior portfolio manager, absolute-return strategies.
SEC reaches settlement with Level Global Investors over insider trading
Level Global Investors will pay $21.5 million to settle charges that a top official and several analysts engaged in repeated insider trading. The SEC announced the settlement with the Greenwich, Conn.-based hedge fund management firm Monday.