In the News

Women-Run Funds Outperforming Those Managed by Men

September 25, 2017 James Heinsman In the News

According to the HFRX Women Index, a list that examines the success (or lack thereof) of hedge funds run by women, revealed that women-run funds outperformed male-run funds by 2.5 times. This finding is one more bit of evidence that the hedge fund sector, which has been labeled as “male, pale and stale,” could use […]

More

Helena Morrissey, HFRX Women Index, Legal & General Investment Management, UC Berkeley,

Three Caught Trading on Insider Info

September 11, 2017 James Heinsman In the News

Two friends from college with aspirations to owning a hedge fund company were caught trying to cash in on Amazon insider info. Washington state residents Maziar Rezakhani and Sam Sadeghi paid $10,000 to Brett Kennedy, an Amazon analyst, for information about the online retailer’s 2015 first-quarter earnings. The pair of hedge fund wannabes used that […]

More

Amazon, Apple, Brett Kennedy, insider trading, iPhone,

Crypto Currencies Are Hot Now

September 3, 2017 James Heinsman In the News

Hedge funds can’t get into the cryptocurrency investor space fast enough, it seems. There are now at least 800 digital currencies, such as Bitcoin, which are not centralized, but rather rely on what is known as distributed ledger technology. These various currencies, when combined, have a marketcap of about $166 billion, and are attracting investors […]

More

Autonomous NEXT, cryptocurrency, Mark Cuban, Shark Tank, Steve Nadel,

Cryptocurrency Hedge Funds Growing Exponentially

August 10, 2017 James Heinsman In the News

According to a tweet by economist Tuur Demeester, “Hedge funds with crypto exposure exploding.” The article Demeester refers to says that there are more than 70 funds with such bets now coming up in the hedge fund pipeline. The article also has a statement by Arthur Bell manager Corey McLaughlin: “I’ve been in the hedge […]

More

Arthur Bell, bitcoin, Corey McLaughlin, cryptocurrency, Hedge Funds,

Superstar Hedge Managers Facing Hemorrhaging Funds

July 16, 2017 James Heinsman In the News

The Wall Street Journal reported last week that David Einhorn’s Greenlight Capital lost $400 million from its investor base in response to a depressing 2 percent loss during the first half of 2017. The return of $400 million represents 15 percent of all those who are able to withdraw their stakes in Greenlight, according to […]

More

David Einhorn, Eric Mindich, Eton Park Capital Management Capital Management, Greenlight Capital, John Paulson,

Activist Hedge Fund JANA to Make a Bundle on Whole Foods Sale

June 26, 2017 James Heinsman In the News

Last Friday the giant online marketplace Amazon announced it was buying Whole Foods Market for $13.7 billion in cash. The price per share of the sale is $42, around 27% more than its Thursday evening closing price of $33.06 Barry Rosenstein announced last April that his activist hedge fund, JANA Partners, had a 9% stake […]

More

Amazon, Barry Rosenstein, Jana Partners, John Mackey, Whole Foods Market,

The Top Hedge Fund Earners of 2016

May 17, 2017 James Heinsman In the News

We mean who brought home the most money, and not necessarily had the best returns, although these often go together considering the fees managers charge for performance. Broadly speaking the hedge fund industry had lackluster year, but at least the numbers are black. Hedge Funds returned 5.4 percent, kind of anemic compared to the robust […]

More

David Siegel, David Tepper, James Simons, John Overdeck, Ray Dalio,

Chinese Group Buying Majority Stake in Old Mutual

April 4, 2017 Marcus Black In the News

The HNA Group Co, a China-based conglomerate, has agreed to purchase a quarter stake in the US asset management unit of Old Mutual Plc. The deal is valued at about $446 million, and continues on the path of a busy year for HNA, which spent $30 billion last year in acquisitions. The sale is part […]

More

Chen Feng, HNA Group Co, Old Mutual, Old Mutual Asset Management,

What’s in a Name? Could be Big Bucks

March 30, 2017 Maria Morales In the News

For some observers the appeal of hedge funds as investment vehicles seems a bit inexplicable. The news about these alternative funds is that they charge high maintenance fees and do not deliver returns commensurate with those fees. Yes, there has recently been an exodus of sorts from these funds, but they are still a powerful […]

More

gravitas, hedge fund names, University of Buffalo, University of Oulu,

Former Cohen Manager Snagged by Millennium

March 23, 2017 Marcus Black In the News

One of the largest hedge funds in the industry, Millennium Management, recently hired Ariel Masafy, an ex-portfolio manager for Steve Cohen’s alternative investment firm. Masafy worked predominantly with consumer stocks. He worked for Cohen since 2011, managing about $11 billion. Employment changes by portfolio managers is of great concern to Wall Street observers. Poor showings […]

More

Israel Englander, Millennium Management, Point72, SAC Management, Steven Cohen,

« Previous Posts