By Josh Galper, Managing Principal, Finadium With foundational changes instituted since 2008, the imperative that drove investors to demand greater transparency from their fund managers also prompted custodians and prime brokers to alter their service offerings for long/short funds. Long/short funds now have a variety of custody and leverage service models to choose from […] Read more »
Omega’s Cooperman To Receive Columbia Business School Prize
By Hedge Fund Insight staff Gabelli Funds announces the recipient of the Graham & Dodd, Murray, Greenwald Prize for Value Investing at its thirtieth client conference on Friday, May 15 in New York. He is Leon G. Cooperman of Omega Advisors. Tano Santos, the David L. and Elise M. Dodd Professor of Finance, and […] Read more »
Quotation Of the Day – from Rohit Bhargava
By Simon Kerr, Publisher of Hedge Fund Insight Content-driven marketing is a meme in professional marketing circles. Some marketers in finance have got it (see Baldwin Berges’ BD Insider) but in hedge fund land no-so-much. It seems to be acceptable for hedge fund managers to try to retain clients through content-driven marketing (for example […] Read more »
Odey Is Big Riser In Hedge Fund Rich List
From Hedge Fund Insight staff Alan Howard, co-founder of Brevan Howard, and Michael Platt, of BlueCrest Capital, jointly head the list of Britain’s wealthiest hedge fund managers, each with £1.5bn fortunes, in The 2015 Sunday Times Rich List, to be published this Sunday, April 26. The 128-page special edition of The Sunday Times Magazine […] Read more »
The Environment Is Good For Systematic FX As Well As CTAs
By Douglas Garistina Chief Executive Officer of Sequoia Capital Fund Management ‘What is a favourable environment for my strategy’ is a question that every portfolio manager must be able to understand and identify. The answers will, of course, depend on what type of strategy is being run, the markets the strategy focuses on, its […] Read more »
Visium On Activism
A Q&A With Frank Gallagher and Peter Drippé, Portfolio Managers at Visium Funds Q1: How important is shareholder activism as a key driver of merger and acquisition (M&A) activity in 2015? We believe that shareholder activism activity will continue to grow in 2015. Recently we have seen more and significantly larger companies targeted […] Read more »
Activist Hedge Funds Infogram
From Hedge Fund Insight staff related articles: Activists Post Best Month In Two Years (Mar 2015) Legal Developments in Activist Investing (Sep 2014) A Lone Star Activist – An interview with Jeff Eberwein of Lone Star Value Management (Mar 2014) Read more »
BlackRock Promotion of Alternatives For Retail Pays Off
By Hedge Fund Insight staff BlackRock has had a strategic goal of stimulating and meeting retail demand for alternatives for some years. BlackRock launched its first alternative fund for retail investors in 2011 – the year that Morningstar first gave long/short debt funds their own category. The commercial strategy has had several components – […] Read more »
New Hedge Funds Cannot Achieve Even 1.5/15% Fees In U.S.
From Eurekahedge/Hedge Fund Insight staff Table 1 details the average performance and management fees charged by North American hedge funds based on their year of inception and serves to give an idea of how the fee structure for hedge funds has evolved over the last 10 years. Historically hedge fund performance fees have remained […] Read more »
Macro Drives the Month & Quarter
By Global Asset Management Although the MSCI World index declined 1.8% in March, the real story was about equity dispersion, currencies and central bank policy. In equities, dispersion of returns by geography continued in March, with equities rallying in China, Europe and Japan while selling off in the US. In currencies, the US dollar […] Read more »