Hedge fund Bridgewater gains on back of Swiss franc move... [more]Komfie Manalo, Opalesque Asia: The $160bn hedge fund firm Bridgewater Associates run by Ray Dalio posted a 4.5% gain this month through Jan. 16 in one of its hedge funds after benefiting from the Swiss National Bank's sudden decision to allow the franc to trade freely against the euro.
Ohio hedge fund manager charged with $5.5m Ponzi scheme... [more]Komfie Manalo, Opalesque Asia: Ohio-based hedge fund manager Geoffrey W. Nehrenz was accused of running a Ponzi scheme and defrauding his investors with an estimated $5.5m.
Nehrenz, 36, was charged with one count of securities fraud, three counts of wire fraud, one count of mail fraud, one c
Private credit catches the eye fixed income players... [more]Bailey McCann, Opalesque New York: A new white paper from BroadRiver Asset Management places the future of fixed income in the private credit markets. "The rate of interest for traditional fixed income no longer matches the cost of offsetting lia
AIMA and CAIA say investors earned $1.5tln from hedge funds in 10 years... [more]The Alternative Investment Management Association (AIMA), the global hedge fund association, and the CAIA Association, the global leader in alternative investment education, have jointly published the first of a series of educational papers about hedge funds for pension fund trustees and other fiduc
Commodities - Hedge funds most bullish on gold in two years... [more]From Proactiveinvestors.com: Data from the Commodity Futures Trading Commission released on Friday showed hedge funds increased their long positions on gold by 19.7% in the week of January 20 – a two-year high. Short positions fell, translating to a net 27% more long positions. The last time hedge f
Activist News - Shareholders threaten boards over 'proxy access'... [more]From USAToday.com: A growing collective of multibillion-dollar investment funds — including several of the nation's largest public pensions — are pushing companies to open up their board nominations to shareholders.
But the effort, which centers on a controversial corporate governance issue kn