Monthly Archives: January 2012
Dow Jones Credit Suisse Hedge Fund Index Performance in 2011
NEW YORK, Jan. 25, 2012 — The Dow Jones Credit Suisse Hedge Fund Index team today released its 2011 Hedge Fund Market Review. The report examines the drivers of hedge fund performance and asset growth in 2011. Some key conclusions […]
Hedge fund Greenlight fined for market abuse
LONDON/NEW YORK (Reuters) – U.S. hedge fund Greenlight Capital and its high-profile owner David Einhorn were fined 7.2 million pounds by Britain’s financial regulator, after the manager used inside information to sell shares in a UK pub company before a […]
Hedge Funds Scramble to Unload Greek Debt
So much for that big fat Greek payday. Hedge funds that in the last month or so have purchased an estimated 4 billion euros ($5.2 billion) of beaten down Greek bonds that mature on March 20 are now trying to […]
HedgeHarbor study shows interest in Emerging Hedge Funds spiked in 2011
HedgeCo.Net (New York) – Hedgeharbor Inc., a wholly owned subsidiary of Asset Alliance Corporation that specializes in investment placement services to institutional investors and high net worth individuals, has recently completed their Annual Global Investor Survey. Survey questions address such […]
Billionaire Hedge Funds Snub 90% Returns: Argentina Credit
SF Chronicle – Billionaire investors Kenneth Dart and Paul Singer rejected Argentina’s defaulted debt restructuring in 2005. Since then the securities have beaten returns on emerging-market bonds, global stocks and oil. While Dart’s EM Ltd. and NML Capital, a unit […]
Chasing the Mirage of Hedge Fund Returns
Forbes – Hedge funds had another rocky year in 2011, down 6.4%, as measured by the Dow Jones Credit Suisse All Hedge Index. And yet industry assets under management have climbed back to $2 trillion, having reached $2.1 trillion in […]
Hedge fund paying $9M; won’t be prosecuted
AP – A hedge fund named in a massive insider-trading case will pay $9 million in settlements but won’t be prosecuted by the Justice Department because it is cooperating in the government’s investigation. Diamondback Capital Management agreed to pay a […]
Hedge funds ‘pushing’ for Greek default
ABC AU – As International Monetary Fund chief Christine Lagarde delivers a blistering warning to European leaders, analysts say that hedge funds are trying to tip countries such as Greece into default. Overnight, Ms Lagarde urged Europe’s political and financial […]
Hedge Fund, Private Equity Bonus Rules Considered by FSA
Bloomberg – The U.K. Financial Services Authority may set bonus rules specifically for hedge fund and private equity managers as it works to implement European Union regulations. The FSA may write “a remuneration code to apply specifically to Alternative Investment […]
Dirty Hedge Fund Dealings Premier At Sundance
New York (HedgeCo.net) – Sundance 12 kicked off over the weekend with the new hedge fund movie Arbitrage playing on day 3 of the festival. The movie depicts a hedge fund magnate under investigation, desperate to complete the sale of […]
GlobeOp Hedge Fund Redemptions At Record Low
New York (HedgeCo.net) – The GlobeOp Forward Redemption Indicator for January 2012 measured 1.85%, down from 4.58% in December 2011. GlobeOp’s data represents approximately 8-10% of the hedge fund industry, with $173 billion in AUM. “January 2012 is the lowest month […]
Copper May Advance as Hedge Funds Turn Bullish: LME Preview
Bloomberg – Copper may gain in London after speculators turned bullish on copper for the first time in four months amid signs of growth in the U.S., rising demand in China and more confidence in Europe. Oil fell for a […]