Vanguard ‘king of the hill’ thanks to…Buffett

by HedgeFundsX on August 22, 2014

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Investors may be warming up to the stock market, but they’re taking the safe way in.

Passively managed funds are all the rage now, with market participants enjoying their low cost, high liquidity and tax advantages.

No outfit has benefited more from that approach than Jack Bogle’s Vanguard Group, which has seen its total assets under management swell to nearly $3 trillion thanks to the allure of the firm’s funds that track market indexes rather than make individual stock picks, according to a Wall Street Journal report.

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Citigroup Faces Curbs on Hedge-Fund Sales

by HedgeFundsX on August 22, 2014

Citigroup Inc. faces restrictions that will prevent it from selling investments in hedge funds and private-equity funds to wealthy clients, following a recent deal with U.S. regulators.

The curbs, which haven’t previously been reported, result from the Aug. 5 approval of a settlement between Citigroup and the Securities and Exchange Commission of claims related … Read More »

Blackstone Said to Be in Talks to Back New Distressed Fund

by HedgeFundsX on August 22, 2014

Blackstone Group LP is in talks to back a Hong Kong-based distressed fund started by Jason Brown, a former global head of Goldman Sachs Group Inc. (GS)’s Special Situations Group, said two people with knowledge of the matter.

Brown’s Arkkan Capital Management Ltd. will focus on Asian opportunities with the flexibility to … Read More »

Does following hedge funds produce better returns?

by HedgeFundsX on August 21, 2014

A startling 82% of the stocks in the S&P 500 are owned by big institutions — mutual funds, exchange-traded funds, pensions and the like.  That’s up from 73% in 2004, and reflects the diminishing number of day traders and individual investors in the stock market today.

The 20% of S&P … Read More »

What hedge funds are buying

by HedgeFundsX on August 21, 2014

For hedge funds, healthcare was hot, media was not lately.

The 50 largest funds snapped up shares of big health care names such as Allergan (AGN),Actavis (ACT), and Covidien (COV) in the second quarter in an effort to capitalize on thewave of mergers and acquisitions in the sector, according to data from FactSet.

Hedge funds are … Read More »

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