Hedge Crunch FinancialFinance
The Top 13 Holdings of Hedge Funds this Year
Goldman Sachs recently shared a list of the top 50 hedge fund holdings. However, according to InvestorPlace.com, only 13 had technical ratings of ‘Buy’ or ‘Strong Buy.’ The stocks worth buying include: Apple Delphi Automotive Tyco Visa Yahoo! WellPoint Charter Communications eBay Equinix Dollar Thrifty MasterCard News Corp. Williams Companies
Company Spotlight: MSD Energy Partners and Dell Inc.
MSD Energy Partners LP, Michael Dell’s NY-based hedge fund, is nearing $1 billion in capital. Last Thursday, it filed with the U.S. Securities and Exchange Commission, reporting a profit of $952.7 million, up from last year’s $779.8 million, from 73 investors. The hedge fund’s fortune was raised by MSD Capital, Dell’s capital management firm. Established […]
Mike Stewart of JP Morgan Launches Hedge Fund Despite Regulatory Changes
Despite previous intentions to remain inside the bank as the U.S. undergoes regulatory changes, a JPMorgan trader team is preparing to launch what will be one of the largest hedge fund startups this year. The fund, called Whard Stewart, will be launched in the second quarter by JPMorgan global head of propriety Mike Stewart. Though […]
Starboard Value Nominates Five to AOL’s Board
Hedge fund Starboard Value LP recently nominated several candidates to AOL’s board, explaining that their discussions have not been satisfying thus far. According to Starboard, who owns 5.2% of AOL’s stock, AOL’s patent portfolio has the potential to generate over $1 billion in licensing income, with the proper management. AOL possesses valuable intellectual property, including […]
Quote of the Day: Uncanny Wisdom from the 19th Century
Financial issues and economic turmoil have been reason for concern for centuries, and the details are often reoccurring. One of the earliest editors for The Economist, Walter Bagehot, was known as the 19th Century Man of Letters. One of his quotes foreshadowed today’s crises: “A central bank is best that governs least, but is prepared […]
Hedge Fund Industry Begins to Recover
January’s upbeat performance has lowered client exits from hedge funds to a record low. Outflows were just 0.53%, while the GlobeOp Capital Movement Index jumped to its highest since 2008; 142.6 points. “It could be well that in a zero interest rate environment and a challenging equity market, a diversified portfolio of hedge fund investments […]
Hedge Fund Investor Gottex Cuts Costs for 2012
Despite what could be considered a relatively successful year, hedge fund investor Gottex Fund Management Holdings is cutting its costs by 15% in 2012. “Getting money into hedge funds is not an easy task for the moment. Asset raising is difficult, though outflows are within normal parameters,” explained Joachim Gottschalk, Gottex chairman. “Global uncertainty in […]
Citigroup’s Guide for Start-Up Hedge Funds
Despite ups and downs in the market as the global financial situation wavers, Wall Street is still supporting hedge fund pioneers. Citigroup recently publicized a 31-page guide for hedge fund start-ups, which lists five key points in getting a fund up and running. “The Citi Prime Finance Hedge Fund Start-Up Guide is being published at […]
Hedge Funds Fall 1% As EU Crisis Continues to Spread
Concerns of an impending widespread debt crisis have resulted in global stock market slumps and a 1% drop in hedge funds this week. The Bloomberg Aggregate Hedge Fund Index fell from 117.22 in October to 116.03, dragging this year’s losses down to 3.8%. Funds that bet on economic trends fell as well. “Volatility has been […]
Stonehenge Capital Announces Successful New Strategy
Stonehenge Capital Management, the asset management firm, recently announced the success of its new direction-neutral hedge fund strategy, Forward Curve Realignment, only one month after it was launched. The Forward Curve According to SCM Manager Steven Michael, FCR returned 0.3% in its first month, in spite of today’s inconsistent market conditions. The strategy focuses on […]