BlueCrest Makes $2 Billion for Owner Michael Platt in 2019

February 16, 2020 James Heinsman Company Spotlight

Last year was a great year for Michael Platt, by anybody’s standards. Four years ago the head of BlueCrest Capital Management, Platt, decided to close his fund to new investors and to dismiss his old clients, leaving him the sole owner of his hedge fund. Platt, however, kept his trading teams working, amassing wealth exclusively […]

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Michael Platt,

Hedge Fund TCI to Demand More Green from Companies

February 8, 2020 James Heinsman Company Spotlight

An unlikely investor is taking drastic steps to bring sustainability to his portfolio. Sir Christopher Hohn, the British head of the New York hedge fund TCI, will use his $30 billion worth of influence to demand that the companies in his portfolio disclose their carbon footprint and reduce their use of fossil fuels and greenhouse […]

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Extinction Rebellion, Sir Christopher Hohn, TCI Fund Management,

Bridgewater’s Dalio Looking to Golden Lifeboat

January 30, 2020 James Heinsman Hedge Fund News

Traditionally gold is where investors park their money in troubled times, such as inflation or a rocky stock market. But with inflation low and the market reaching historic highs, why would Ray Dalio, the superstar hedge fund manager of the world’s largest hedge fund, Bridgewater Associates, recommend a move to gold. Dalio is predicting that […]

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Bridgewater Associates, Gold, Ray Dalio,

Hedge Fund Investments: A Guide for Retirees

January 23, 2020 James Heinsman Economic Barometer

When it comes to investing in funds, retirees have different criteria to those taking home a regular salary.  While it may seem at first glance that this would be disadvantageous for investment opportunities, there are actually some benefits to this new life status. According to retired accountant Michelle Flores, when one is retired they often […]

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MichelleFlores, Moshe Victor Keinig, Retirement Planning Calculator,

First Compliant Cryptocurrency Hedge Fund Opens in Asia

January 15, 2020 James Heinsman Company Spotlight

The Circle Fund, with teams of investors in Shanghai, Hong Kong and New York, is the first Asian cryptocurrency hedge fund to be compliant with global regulations. The company behind the fund is made up of people with over five years of experience in the primary and secondary blockchain industry markets. The investors involved in […]

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China, Circle Fund, cryptocurrency,

Parplus Fund Has No Management Fees

January 7, 2020 James Heinsman Company Spotlight

James Carney, founder of Parplus Partners, says his fund will never take a management fee. He will, instead, charge his clients a performance fee when and if his funds surpass the S&P 500 stock index. “Eat what you kill. That’s what I’ve been doing for 34 years,” said Carney, who is also the fund’s CEO. […]

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management fees, S&P 500,

BlueCrest Capital Ringing in the New Year with Great Gains for 2019

December 30, 2019 James Heinsman Company Spotlight

Michael Platt’s BlueCrest Capital, now a private investment firm, saw profits climb by about 50% this past year. The hedge fund has had a run of great years since it gave back outside investors’ funds and became a strictly family investment company. Until 2015 BlueCrest was one of the world’s largest hedge funds. The company […]

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BlueCrest Capital, Michael Platt,

Deal Creates Largest Movie Operator in North America

December 23, 2019 James Heinsman Company Spotlight

Britain-based Cineworld is taking over Canada’s Cineplex Inc in a deal valued at $2.1 billion. The merger will create the largest cinema operator in North America. Cineworld offered US$25.56 (C$34) per share for the Toronto-based Cineplex, that is 42% more than its closing price before the weekend. Cineworld shares climbed by 1.4% in early trading. […]

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Britain, Canada, Cineplex, Cineworld,

Singapore is the Place for Great Returns

December 16, 2019 James Heinsman Hedge Fund News

The world’s best performing hedge fund for 2019, Vanda Global Ltd., gained 300% this year, and is based in the tiny island city state of Singapore. And Vanda is not the only such fund; Singapore has two of the world’s ten best-performing hedge funds, with a third fund partly based here. By way of comparison, […]

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Chong Chin Eai, Vanda Global Ltd,

Hedge Fund Magnate Wants a Bigger Part of the Mets

December 9, 2019 James Heinsman In the News

Steve Cohen, CEO of Point72 Asset Management, is in negotiations with the current owner of the major league baseball team, the New York Mets, to increase his stake in the ball club. The Mets are currently owned by Sterling Partners. “The Sterling Partners and Steve Cohen are negotiating an agreement in which Steve Cohen would […]

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Fred Wilpon, New York Mets,

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