Opalesque Exclusive: South African hedge funds top R62.0 billion in AUM... [more]Bailey McCann, Opalesque New York: South Africa-based investment advisory firm Novare has released its twelfth annual South African hedge fund survey. The findings cover the whole of the hedge fund industry in South Africa, looking at a range of topics from allocation trends to the impact of reg
Hedge funds reduce bets against euro and yet... [more]Komfie Manalo, Opalesque Asia: Hedge funds have reduced their bets against the euro and the yen as the two currencies have defied the quantitative easing by the European Central bank. Data from the Commodity Futures Trading Commission (CFTC) showed that short positions against the euro fell by mo
Hedge fund Barnegat survives September’s market selloff... [more]Komfie Manalo, Opalesque Asia: Bob Treue’s $679 million Barnegat Fund proved resilient after another month of market letdown as the hedge fund gained 2.2% last month, bringing its year-to-date gains to 2.8%.
Treue said in his monthly report to i
Are hedge funds and private equity firms driving up healthcare costs?... [more]From Fiercehealthfinance.com: The actions of hedge funds and private equity firms to drive up the profitability of their investments also cause the costs of healthcare delivery to rise dramatically, according to a non-profit, left-of-center organization.
A new study by Hedge Clippers has concl
Arkansas teachers top off a sweet day for Peltz' Trian hedge fund... [more]From Reuters.com: Billionaire fund manager Nelson Peltz on Monday added a big new client when he took in $150 million in cash from the Arkansas Teachers Retirement System, part of a trio of welcome victories for the activist, whose portfolio has faced a bumpy ride lately.
The $14.5 billion pen
Legal - Supreme Court denies request to hear insider trading case... [more]From NYTimes.com: The Supreme Court on Monday refused to review an appeals court decision that made it harder to prosecute insider trading and threatens to undermine a number of convictions. The decision is a blow to Preet Bharara, the United States attorney in Manhattan, whose office oversaw a swee
…And Finally - Japanese men want upgrade on their virtual girlfriends... [more]From Newsoftheweird.com: Five years after News of the Weird mentioned it, Japan's Love Plus virtual-girlfriend app is more popular than ever, serving a growing segment of the country's lonely males -- those beyond peak marital years and resigned to artificial "relationships." Love Plus models (Rinko