New York (HedgeCo.net) – Global Hedge Fund Group said that their flagship fund, the US Equity Market Neutral Fund showed annual returns of between 22-45%, accompanied with a volatility of 8-12% per annum.

The fund commenced trading on 20 August 2001 with initial assets of $14 million from institutional investors. The strategy employs a proprietary factor model which measures trends in observed stock prices and expects to profit from market inefficiencies over time.

Global Hedge Fund Group works in close association with research firms, hedge fund managers, and brokerage houses.

Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds!

Tags: brokerage houses, fund-group, fund-managers, market-neutral-fund

West Palm Beach (HedgeCo.net) – Alternative asset manager, Duet Group, has launched the first Middle East and North Africa (MENA) multistrategy hedge fund "Duet MENA Opportunities Fund". The new fund will target both equity and fixed income markets in the MENA region and will be managed by Duet MENA Limited, a DIFC licensed asset manager.

Rabih Sultani, Chief Investment Officer, will manage the fund under the leadership of Hedi Ben Mlouka, Chief Executive Officer of Duet MENA. Rabih brings over 9 years of fund management and research experience across equities and fixed income.

"The investment team has one of the longest established track records in the Middle East." Hedi Ben Mlouka said, "The current unfolding crisis has created unprecedented opportunities in global markets. Such opportunities appear to be even more eye-catching in the MENA region, and we, Duet Group, are well positioned to take advantage of these prospects for our clients. I am pleased to announce that Duet’s commitment to the Middle East has led to the allocation of significant capital to the fund from existing shareholders and clients".

The new hedge fund will deploy three main investment strategies: Conviction, Relative Arbitrage and Opportunistic trading. These will be premised on pricing dislocations and valuation imbalances that are created from time to time under the influence of economic, political and capital flow factors.

The hedge fund manager has $2 billion of equity under management and their flagship hedge fund ‘Duet Global Opportunities Fund’ was awarded Best Equity Market Neutral Fund of the year in 2007 by Euro Hedge and HFM.

Tags: accredited-investors, asset-manager, capital flow, chief executive officer, chief-investment-officer, dislocations, duet group, fixed-income-markets, global-opportunities, hedge-fund-manager, hedgeco, hedi, investment strategies, investment team, market-neutral-fund, mena region, opportunities fund, research experience, unprecedented opportunities, west palm beach

New York Post- Taxpayers are all but certain to take a hit on the securities the Federal Reserve accepted as part of JPMorgan Chase’s takeover of Bear Stearns, according to a report by a hedge fund that is an investor in JPMorgan.

The reports comes as the Fed said last week said it valued the bundle of assets it accepted as collateral for the $28.8 billion loan at $28.9 billion as of June 26.

That’s a drop of 3.7 percent from earlier this year.

JPMorgan is on the hook for just the first $1.15 billion of value below the loan amount – with the taxpayers having to make good for any additional deterioration in value of the collateral.

"We expect that the loss will exceed the $1 billion exposure for JPM," the hedge fund said in the report, a copy of which has been seen by The Post on the basis of not identifying the name of the fund.

Read Complete Article

Tags: 100-million, allocations, best-performing-funds, eliot-spitzer, extra-security, first-avenue, losses, market-neutral-fund, paul-touradji, prime-minister, remorse, subsidies, value-investors