Investment firms have sharply increased the protection they buy to protect against macroeconomic shocks.» Read More
Jan 13- Citigroup's former Chief Operating Officer John Havens has been appointed as non-executive chairman of Napier Park Global Capital LLC, the hedge fund spun out of the bank last year. Napier Park, which has about $5.5 billion in assets under management, was spun out of Citigroup last year and the bank retains a minority stake in it.
Mark Martiak, Premier Wealth Management senior wealth strategist, and Kelly Campbell, Campbell Wealth Management CEO, discuss market liquidity and if now is the time for investors to move into illiquid assets.
Garry Evans, Global Head of Equity Strategy at HSBC, explains his underweight call on the U.S. and the Japanese equity markets for 2014.
Investors are hurting their long-term returns by focusing too much on assets they can liquidate quickly, according to a new report.
Apollo Global Management has completed fundraising for its latest private equity fund, amassing $17.5 billion from investors.
*China funds score best outperformance in 5 yrs. HONG KONG, Jan 10- For investors in Asian hedge funds, it was China and not the region's hottest major market, Japan, that provided the best bang for the buck in 2013- a result set to ensure greater capital inflows into steadily growing China- focused funds.
Bob Partridge, Private Equity Leader, Asia-Pacific at EY, sees high confidence in the private equity market coming into 2014.
Fund managers like Daniel Loeb, who demanded that Sotheby's fire its CEO, and David Einhorn and Carl Icahn, who publicly pressed for change at iPhone maker Apple Inc, helped their firms' 2013 returns.
Since hedge fund portfolios often include at least some derivatives trading, industry experts warn that fund sponsors may be reluctant to take advantage of the SEC's new relaxed advertising rules for fear of running afoul of the CFTC's regulations. This is really language that is very clearly tied to the SEC's standards.
Jan 8- Activist hedge fund Elliott Management Corp offered to buy Riverbed Technology Inc for about $3.08 billion in cash, a move analysts said was likely to trigger higher bids for the network equipment maker.
Jan 8- Activist hedge fund Elliott Management Corp offered to buy network equipment maker Riverbed Technology Inc for about $3.08 billion in cash, an offer analysts said was likely to be a precursor to a higher bid.
21st Century Fox said on Thursday it would sell its 47 percent stake in Star China TV to the TV channel operator's management and private equity fund China Media Capital.
BOSTON, Dec 31- Billionaire investor Steven A. Cohen's SAC Capital Advisors is ending its life as a hedge fund with a 20.10 percent gain this year, marking one of the industry's best returns even after SAC pleaded guilty to insider trading charges, a source familiar with the numbers said.
BOSTON, Dec 31- Billionaire investor Steven A. Cohen's SAC Capital Advisors returned 20.10 percent this year, delivering some of the industry's best returns, even as his hedge fund pleaded guilty to insider trading charges and prepared to return outside capital.
NEW YORK, Dec 30- Commodity hedge fund Higgs Capital Management, founded by two former bank commodity executives, will wind down and return money to investors as it faces headwinds raising money, joining other commodity funds that closed this year.
The fund, open only to accredited investors, could dwarf other private equity ventures in the budding pot industry, its business manager told CNBC.
LONDON, Dec 23- For hedge funds that made money this year there was only one strategy that really mattered- latching onto the stockmarket rally.
Ken Mehlman, the public affairs chief at KKR who was previously a top Republican operative, is now the top lobbyist for the PE industry.
LONDON, Dec 19- The collapse of FX Concepts, once the world's biggest currency hedge fund, is symptomatic of the dramatic decline in a once-profitable sector that faces another tough year in 2014 at the mercy of central bank policy.
Will Ben Bernanke announce a Fed taper?