Funds Sell Delphi, Price Moves

Auto parts maker Delphi Automotive became a distressed trade for certain hedge funds when it went bankrupt several years ago. It emerged streamlined from bankruptcy and in November had an initial public offering. Some of the large

DE Shaw Prevails in Fee Competition

Chidem Kurdas

For many years, hedge fund investors were willing to pay 2/20 or even higher fees to established managers with good track records. New or small funds could be less expensive, but typically not the known names. That appears to be changing.

BlueTrend Among Disappointing Quants

Futures traders have on the whole not fared well in

Cost Focus as Barbell Portfolios Spread

Chidem Kurdas

The idea of combining index investments with skilled

Blackstone High-Yield Public Venture

Investors seeking yield in junk bonds will have another option. GSO, the $37 billion credit manager

Market Beats Hedge Fund; Now What?

Chidem Kurdas

Last year hedge funds on the whole did not perform well. Nevertheless, investors appear to

Falcone Shuts Down Fund Slowly

Chidem Kurdas

Philip Falcone, mired in persistent losses and legal problems, is liquidating

Soft Lock-Up Fees Vary

Chidem Kurdas

Managers’ need for long-term capital and investors’ aversion to

Oil Cool, Precious Metals Hot

Chidem Kurdas

Barclays forecasts high but stable-to-slightly-lower oil prices in the next quarter, assuming the Iran nuclear stand-off does not get worse. The reversal of the rising price trend could mean losses

Man AHL Quants’ Challenge

It has been 25 years since Man Group’s futures trading program, AHL, started operating.