2013 Hedge Fund Compensation Survey

October 20, 2013

Benchmark Compensation has opened its seventh annual Hedge Fund Compensation Survey. Each year, the Hedge Fund Compensation Survey provides a benchmark for compensation practices by collecting data directly from the professionals who work in the industry. The purpose of the annual Hedge Fund Compensation Survey is to create an accurate and affordable report that allows [...]

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An Element of Hypocrisy

October 1, 2013

SAC Capital Advisers, LLC has been embroiled in legal battles with the SEC for more than a decade, most revolving around the issue of insider trading. When the practice of insider trading among members of the Senate and Congress (including their staffers) received heavy media scrutiny in November, 2011; the Stop Trading on Congressional Knowledge [...]

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What to Do When Your Firm Heads South

September 17, 2013

Millions of Americans have lost jobs in the years following the economy’s implosion and it is an unquestioned blow to their self-esteem, finances and life in general. Americans are particularly vulnerable to the effects of job loss on self-esteem. Culturally, a person’s job defines who they are. This cultural tendency, although pervasive, is more prevalent [...]

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There Is No Market for Good News

August 23, 2013

Headlines are designed to attract the interest of readers. In the past, when print media was king, headlines sold newspapers (and of course they still do). Now, in a news world dominated increasingly by the Internet, headlines are still the best means of encouraging that all important “click.” Clicks are the modern equivalent of daily [...]

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No Billboards—Not Yet!

August 9, 2013

Hedge funds will soon be venturing into uncharted territory—marketing sophisticated investments, once the purview of the über-wealthy and institutional investors, to the broader retail market. The Securities and Exchange Commission (SEC), pursuant to a mandate put forth in the American JOBS Act of 2011, has finally met its duty under the law and lifted the [...]

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Hedge Funds Seek to Secure a Future in Retail Alternatives

July 1, 2013

Hedge fund managers are casting a jealous eye upon the lucrative retail market as institutional investors hammer hedge fund fee structures in the ongoing quest for improved value in their investments. Small Pool—Vast Ocean Hedge funds managers are beginning to face certain realities regarding the many issues with which they are challenged; increased regulatory pressures, unfavorable public [...]

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Are Exceptional Hedge Fund Results Becoming Exceptional?

June 17, 2013

Hedge funds pursuing an equity strategy demonstrated year-to-date average returns of around 5.38 percent, comparing rather unfavorably with the S&P 500 year-to-date returns, which boasted gains of almost double this number. Given this fact, why do investors continue to rely on hedge funds? Why do hedge fund assets under management continue to grow? Answers to [...]

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Investors React to SAC’s Battle with Regulators

June 7, 2013

Just days after SAC Capital Advisers announced a claw-back policy designed to monetarily punish those in the firm found complicit in insider trading, Cohen announced to clients he would no longer offer unconditional cooperation with government investigators. Some have speculated that Mr. Cohen instituted his claw-back policy expecting the government to ease its relentless insider trading investigation. Others, [...]

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Is SAC Capital’s Claw-Back Policy Just a PR Move?

May 17, 2013

The term hedged fund was coined by Alfred Winslow Jones in 1949 and gained traction in the financial community largely because Jones was a financial journalist. Although Jones founded a private investment company, he was hardly the father of the hedge fund industry. It is more accurate to say he named the baby. Private investment [...]

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Are Hedge Funds Becoming Irrelevant

April 6, 2013

As the quinquennial of the financial crisis approaches, the intrinsic value of the hedge fund industry is being questioned by growing numbers of institutional investors. After nearly a decade of underperformance as compared to major equity indices, this should come as no shock. The real question is how this shifting paradigm threatens the hedge fund [...]

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