2014 best year since 2007 for hedge funds... [more]Bailey McCann, Opalesque New York: Hedge funds ended the year just north of $3 trillion - a record high not matched since 2007, according to the latest hedge fund asset flows data from eVestment. The figure is notable as December saw some redemptions on the month. Investors withdrew $13.2 billion
Fund of hedge funds ALTIN closes 2014 up 5.75%... [more]Komfie Manalo, Opalesque Asia: Swiss alternative investment firm ALTIN AG, the $250m multi-strategy fund of hedge funds listed on the London and Swiss stock exchanges, a positive return over the last quarter of the year, ending 2014 up +5.75%, clear
Anil Prasad to launch $500m macro hedge fund in April... [more]Komfie Manalo, Opalesque Asia: Anil Prasad, the former global head of Citigroup’s foreign exchange unit, is readying to launch his own macro hedge fund called Silver Ridge Asset Management with $500m in initial assets in April,
Hedge fund managers testing the social media waters... [more]From Investmentnews.com: Hedge funds, long known for restricting investor access to complex and secretive strategies, are ever so slowly coming out of the shadows and embracing social media. It's still a far cry from your favorite celebrities tweeting out what they had for breakfast, but it shows th
Stonehaven's top alternative investment trends for 2015... [more]From Linkedin.com: Over Stonehaven’s 14 year history we have witnessed and played a role in many shifting dynamics across the alternative investment industry. We are well-positioned in the marketplace to see trends with a 26 person platform representing over 20 asset managers to the global investmen
Comment - Why invest in hedge funds if they don't outperform the market?... [more]From Forbes.com: Hedge funds have always been a bit exotic and an enigma to some, but bottom line they are supposed to produce good returns using a range of strategies including global macro, event driven and relative value (arbitrage). And, sophisticated or high-net-worth individuals (HNWIs) could
Legal - Former Galleon trader seeks to void insider trading conviction... [more]From Reuters.com: A former Galleon Group hedge fund trader on Thursday said he will ask a federal judge to throw out his conviction and 10-year prison sentence, one of the longest imposed in a broad U.S. government probe into insider trading.
In court papers, Zvi Goffer, 38, said the jury inst