Opalesque Exclusive: Greenlight adds shorts, buys into GM... [more]Bailey McCann, Opalesque New York: David Einhorn's Greenlight Capital is adding shorts according to his latest investor letter released today and obtained by Opalesque. The hedge fund's portfolio had an "uneventful and unprofitable" quarter according to the letter, which could be prompti
There are now more hedge funds than ever... [more]From CNBC/Yahoo.com: There are now more hedge funds than ever. Investors have the choice of an estimated 10,149 hedge funds and funds of hedge funds as of March 31, according to new data from industry research firm HFR. That surpasses the previous high of 10,096 set in 2007 before the financial cris
Hedge funds are finally making money in Russia again... [more]From QZ.com: The people of Russia are having a hard year… But hedge funds that invest there? They’re having a great year so far. The currency stabilized earlier this year, just in time to catch the RTS stock index pop in February, though March’s returns were far less stellar.
HFR, a research fir
Ten most famous hedge fund managers... [more]From Investopedia.com: Hedge fund managers are beset by media scrutiny of their enormous salaries, investor pushback on the ridiculously high fees (typically "two and twenty"), recent poor performances, and governmental attempts at disclosure and regulation. Despite the seemingly insurmountable nega
Comment - A look back and forward at the hedge fund industry in South Africa... [more]From Moneyweb.co.za: Hedge funds have already been around for 15 years in South Africa, with some of the first funds of hedge funds (FoHFs) already possessing ten-year track records. With regulation making these products available to the broader public becoming effective since April 1, the industry
Europe - German HNWI wealth worth $6.6tln by 2019... [more]From Marketwatch.com: MarketReportsStore.com adds Germany Wealth Report 2015 that reviews the performance and asset allocations of German HNWIs and ultra-HNWIs. It also includes an evaluation of the local wealth management market.
The Germany Wealth Report 2015 is an unparalleled resource and
…And Finally - But lawyering couldn't be very difficult... [more]From Newsoftheweird.com: Kimberly Kitchen, 45, was a successful estate lawyer in Huntington, Pennsylvania, with more than 30 clients for the BMZ Law firm (so successful in her 10-year career that she had just been promoted to partner and had served as president of the local bar association) w