Monthly Archives: January 2006
Hedge funds may help drive gold to higher levels
Chicago Tribune – Gold prices may extend gains for a sixth year in 2006 as hedge funds buy the precious metal to diversify from stocks, bonds and currencies. The price of bullion may rise 18 percent, to average $525 an […]
Hedge Fund Registration Deadline Arrives
TheStreet.com – For hedge funds that must register with the Securities and Exchange Commission, the deadline is at hand. While the SEC’s controversial rule mandates registration for most hedge funds by Feb. 1, Monday is effectively the last day to […]
UK, Germany Open Hedge Fund Investing to People With 124 Euros
Bloomberg – Hedge funds, loosely regulated investment pools designed for people worth more than $1 million, are becoming available to Europe’s not-so-rich. In Germany, investors can buy into a hedge fund from Deutsche Bank AG for as little as 124 […]
Rydex firm considers merger of two funds
Baltimore Sun – Rydex Investments, a Rockville mutual fund company, may merge its SPhinX Fund into another fund after discovering that underlying assets have been frozen in the wake of the collapse of commodity broker Refco Inc. The independent board […]
Markets expected to find ’05 tough act to follow
Global fund managers believe equities will have a tougher time in 2006, lagging the double-digit gains many major global stock markets enjoyed in 2005, a study says. The Mercer Investment Consulting survey also found that powerful pension funds plan to […]
Hedge Funds Returned 9.2% After Slow First Half
Bloomberg – Hedge funds, private partnerships catering to wealthy investors and institutions, returned an average of 9.2 percent in 2005, lifted by a stock-market rally during the second half, according to Hedge Fund Research Inc. Hedge-fund managers worldwide gained 9 […]
December 2005 Review of the DOW Jones Hedge Fund Strategy Benchmarks
December was an up month for all six hedge fund strategies covered by Dow Jones Hedge Fund Indexes. Five of the six strategies posted gains in 2005. With net-of-fees returns of 6.50% and 6.48%, event driven and distressed securities were […]
Hedge Fund Asset Bonanza
The U.S. House of Representatives recently passed a little-noticed bill that could make it a lot easier for hedge funds to attract money from pension plans. The consequences could be meaningful, as pensions are by far the largest investors in […]
How Hedge Funds Are Taking On Mother Nature
If 2006 is a quiet year for hurricanes, Greg Hagood stands to make a ton of money. But if more Katrina-size storms rip into the U.S., he and the investors in the hedge fund group he co-manages, Bermuda-based Nephila Capital […]
Speculators, hedge funds turning back to oil, analysts say
Crude oil futures rallied more than US$1 a barrel on Friday and the price of natural gas regained some ground after sinking a day earlier to its lowest level in four-and-a-half months. Light sweet crude for February delivery on the […]
Hedge fund firm to buy ForstmannLeff
SAN FRANCISCO (MarketWatch) — The hedge-fund group Angelo, Gordon & Co. has signed a letter of intent to buy ForstmannLeff Associates LLC, an investment firm that manages U.S. stocks with $3 billion in assets, according to a media report Monday. […]
Fidelity finds stop-gap for Bolton wonderers
Fidelity has launched three new funds, one a special situations vehicle aimed at easing the dilemma caused to investors by star fund manager Anthony Bolton’s plans to retire. The Fidelity MultiManager Special Situations Portfolio will invest in six of the […]