Yearly Archives: 2008
Shadowy hedges may be down, but are they really out?
This is Money – After the banks, talk was that hedge funds would be next. The prediction has proved correct – but not in a way anyone imagined. It was always supposed that as the recession deepened, hedge funds would […]
Not All Hedge Fund Strategies Stink This Year
Wall Street Journal Blogs – Although losses and redemptions are drastically shrinking the entire hedge fund world, global macro funds are garnering more interest because of their stronger returns and easy availability of liquidity. Global macro funds — which make […]
NZARA Hedge Fund Return Index Surges
West Palm Beach (HedgeCo.net) – The Ernst and Young New Zealand Absolute Return index surged to a new high in November 2008, gaining +1.502% for the month, putting year-to-date performance at +17.597%, and year-on-year performance at +21.104%. As with October, it […]
Hedge Funds to Stem Losses in 2009, GFIA’s Peter Douglas Says
Bloomberg – Hedge funds, on course for the worst year on record, will stem losses in 2009 as managers of equity long-short funds and macro funds attract investors, Peter Douglas, principal of hedge-fund consulting firm GFIA Pte said. Managers of credit […]
13F Strategy vs. Allocating to Hedge Funds: Benefits and Drawbacks –
Seeking Alpha – To summarize some of the differences in managing a portfolio based on 13F filings versus allocating an investment to a hedge fund manager, the following list is helpful. Access– Many of the best hedge funds are not […]
Hedge Fund Sued Over Expsoure to Madoff Funds
New York (HedgeCo.Net) – Gabriel Capital and founder Ezra Merkin have been sued for their exposure to Ponzi-schemer Bernard Madoff by a disdained investor. Scott Berrie, who has $500,000 tied up in one of Gabriel’s funds, claims that Gabriel lied […]
Copycat Selling Maroons Investors as Hedge Funds Cash In
Motley Fool – What does the turmoil in the hedge fund world mean to most investors? Losses and more losses. Over the past few weeks, the forced deleveraging of the industry, combined with redemptions by frantic clients, has led to […]
CSX Corp. Sue the Childrens Investment Fund
West Palm Beach (HedgeCo.net) – Transport company, CSX Corporation announced that it has joined in a civil action brought by the plaintiff, shareholder Deborah Donoghue, in federal court in New York to recover so-called "short-swing" profits under Section 16(b) of the Securities Exchange […]
Merger-Arbitrage, Other Hedge Funds Hurt By Nixed BCE Deal
Wall Street Journal – If you thought the collapse of one of the biggest leveraged buyouts in history would be devastating for merger-arbitrage hedge funds, you’d be right. But pure merger arbitragers weren’t the only hedge funds hurt. The $41 billion […]
Hedge Funds Shrink by $64 Billion, Eurekahedge Says
Bloomberg – The global hedge-fund industry lost $64 billion of assets in November, with an index tracking its performance declining for a sixth month as economies in Asia and Europe joined the U.S. in recession, Eurekahedge Pte said. “It’s very […]
Asian hedge funds step in as global players flee
Reuters – The investment banks and global hedge funds that are the usual buyers of debt and equity in struggling Asian companies have largely fled the market, leaving the distressed asset space to home-grown investors. Local players with the cash — […]