Fortress’ Novogratz on Bitcoin – Quotation Of the Day

By Hedge Fund Insight staff “What company has a $4.5bn market cap with 30,000 programmers providing human capital to it? I’m certain of one thing with Bitcoin:  the banking industry is nervous of it. The democratization of finance is coming and Bitcoin is one piece of it.”   Mike Novogratz, principal at Fortress Investment Group, […] Read more »

Trends in Hedge Fund Flows

By Hedge Fund Insight staff   Minor outflows in January have been followed by net subscriptions of $11bn in February, according to data from Eurekahedge. This brings total assets managed by the hedge fund industry to a new record high of just over $2 trillion. Long/short equities hedge funds recorded their 15th consecutive month of […] Read more »

Graphic of the Day – Top Strategic Priorities of Hedge Fund Management Companies

By Hedge Fund Insight staff Asked the question “which two or three are the most important strategic priorities to your firm?” hedge fund management companies gave this collective response: source: Ernst & Young 2013 global hedge fund and investor survey   While growth is clearly the top priority of the CEOs running hedge fund management […] Read more »