Other Voices: What the doctor ordered... [more]By: Andre Boreas, Director-Alternative Investments, Intralinks I had the opportunity to attend a real estate conference a few weeks ago where the topic of transparency was a hot button issue. More information, quicker turnaround times and deeper due diligence was the mantra among the general par

Hedge funds' net long exposure reached a new high of 53%, more than last quarter’s record of 52%... [more]Benedicte Gravrand, Opalesque Geneva: - According to Goldman, Sachs & Co.’ latest monthly Hedge Fund Trend Monitor, hedge fund net long exposure reached a new high of 53%, and the most popular (+17%) and the most concentrated (+23%) long positions outperformed the S&P500 (up 15% YTD then). H

Indices – Scotiabank Canadian Hedge Fund Index ended April 2013 down 1.80% (+0.14% YTD) on asset weighted basis, UCITS HFS Index finishes erratic month with gains, up 0.35% in April (1.57% YTD)... [more]Scotiabank Canadian Hedge Fund Index ended April 2013 down 1.80% (+0.14% YTD) on asset weighted basis The Scotiabank Canadian Hedge Fund Index ended April 2013 down 1.80% (0.14% YTD) on an asset weighted basis and fell 0.70% (-0.70% YTD) on an equal weighted basis. The aim of the S

Hedge funds bulk up in bond trading... [more]From Businessweek.com: As banks abandon debt trading, hedge funds that bet on bonds and loans are pulling in money from investors and hiring traders. Debt-focused hedge funds drew $41.4 billion from pension plans, wealthy individuals, and other investors in 2012, the most since 2007, according to da

Investment bank North Street Group acquires fund administrator Hedge Fund Solutions... [more]North Street Group, a capital markets and investment banking firm, today announced the acquisition of Hedge Fund Solutions, LLC, a New York based Alternative Asset Service Provider. Additionally, North Street Group announced the name change and rebranding of Hedge Fund Solutions, LLC to North Street

Comment – Paul Tudor says women find it difficult to be successful macro traders because breastfeeding kills their focus... [more]From Womensagenda.com.au: Another billionaire believes he has some wise words about women, but this time they're probably not going to be as productive as Warren Buffett's. According to hedge fund billionaire Paul Tudor Jones, women find it difficult to be successful macro traders because breastfeed

Regulatory – EU’s draft fund manager pay rules will backfire, lawmaker says... [more]From Businessweek.com: European Union proposals to limit fund manager bonuses are “crude” and would drive up fixed salaries if implemented, said Syed Kamall, a London lawmaker in the European Parliament. The plan to ban managers of so-called UCITS funds from receiving bonuses larger than their

Legal – Four senior SAC executives said to get insider probe subpoenas, Ex-hedge fund manager Stephen Maiden enters guilty plea in fraud case, As the U.S. before, IMF lines up behind Argentina in the litigation with hedge funds... [more]Four senior SAC executives said to get insider probe subpoenas From Bloomberg/SFgate.com: Four senior executives at Steven Cohen’s SAC Capital Advisors LP received subpoenas as part of the U.S. multiyear probe into insider trading at the hedge fund firm, a person with knowledge of the ma

Asia – Buy Japanese shares, says hedge fund guru Hugh Hendry, Four hedge fund manager lost big in the Japan rout, SocGen: Hedge Funds have already started to unload Nikkei... [more]Buy Japanese shares, says hedge fund guru Hugh Hendry From Countingpips.com: Hedge fund manager Hugh Hendry is back in the news with the release of his latest quarterly letter. Hendry made a name – and lots of money – for himself by making some high-profile, contrarian investment calls ea

People – BofA hires Caliendo to run Americas equity hedge fund services, Boston-Power founder Christina Lampe-Onnerud joins hedge fund firm Bridgewater Associates, Ellington hires GMAC Mortgage head Steven Abreu for new business... [more]BofA hires Caliendo to run Americas equity hedge fund services From Businessweek.com: Bank of America Corp. hired Tracy Caliendo as head of the Americas equity hedge fund services at its investment-banking unit, according to an internal memo. Caliendo, who joins BofA Merrill Lynch

News Briefs – Rasini flagship fund comes onshore to Luxembourg... [more]Rasini Fairway Capital is the latest manager to redomicile its Stafford SICAV Global Equity Fund to Luxembourg in a Ucits regulated format. The firm, with offices in Zurich and London and a 20 year track record of managing Long/Short Equity Fund-of-Hedge Funds, has used the Alceda Ucits Platform. (

…And Finally – Human snail carries house on back... [more]From Orange.co.uk: A Chinese man has turned himself into a human snail by creating a house he can carry on his back. Liu Lingchao, 38, from Liuzhou, Guangxi Province, carries his home every day as he moves from place to place. "I can go anywhere I want to go. It's an easy decision when I