Stocks with higher levels of hedge fund ownership yield more... [more]Komfie Manalo, Opalesque Asia: Following the smartest of the "smart money" can translate to more money for hedge fund managers as it improves their investing decision, according to a new study by Erin Gibbs, equity chief investment officer at
Hedge fund assets decline in July - eVestment... [more]Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion
Barclay Hedge Fund Index Down 0.44% in July (+3.26% YTD)... [more]Hedge funds lost 0.44% in July, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index remains up 3.26% in 2014.
“European equity prices dropped due to weakening economic data, and US equity prices dropped based on a strengthening recovery,” says Sol Waksman, founder and
Outlook for event driven strategies from Quaker Funds... [more]From Hedgefundinsight.org: Credit conditions remain highly favorable for corporations to execute and complete corporate transactions. “We expect the current environment, the result of two years of relative macroeconomic calm, to continue during the near-term. Hostilities in Ukraine are being contain
Activist News – Carl Icahn takes stake in Hertz to pressure its management... [more]From NYTimes.com: Carl C. Icahn, the longtime activist investor, disclosed in a regulatory filing on Wednesday that he had accumulated a 8.48 percent stake in Hertz Global Holdings, with plans to put pressure on the rental car company’s management. Hertz is only the latest target for Mr. Icahn, who
…And Finally – Man celebrates 101st birthday at work... [more]From Orange.co.uk: A US man spent his 101st birthday at work in the job he has held for an astonishing 73 years.
Herman 'Hy' Goldman still works four days a week at light fixtures company Capitol Lighting in East Hanover, New Jersey.
He used to say that he would retire at 100 but when h