Monthly Archives: February 2012
New Asia Hedge Funds Raise the Highest Amount Since 2007
Bloomberg – Asian hedge funds started by both new and existing managers raised $4.43 billion last year, the highest amount since the industry peaked in 2007, according to a survey by trade journal AsiaHedge. The average size of the 58 […]
Doric shuts flagship hedge fund to focus on small cap strategy
Reuters – Doric Capital Corp, one of Hong Kong’s oldest hedge fund firms founded by former Man Group Plc executive Michael Nock, has shut its decade-old Asia ex-Japan long/short equity fund and plans to focus on managing its small-cap strategy. Launched […]
CFTC rescinds hedge fund exemptions
Opalesque New York – The Commodities Futures Trading Commission (CFTC) has significantly changed how hedge funds will be able to participate in commodities. Earlier this month the Commission rescinded several exemptions provided to private funds that operate commodity pools. By removing these exemptions, […]
G20 Plots Course on Reining in ‘Shadow Banks’
Reuters – Policymakers from the world’s top economies meet this weekend in Mexico City to begin finding common ground to tackle the world’s economic challenges, which include reining in a $60 trillion financial sector on the fringe of mainstream banking. […]
RBS chairman makes plea as £2bn loss is announced
Guardian – Royal Bank of Scotland pleaded on Thursday to be allowed to run on a commercial basis as the taxpayer-owned bank announced losses widened to £2bn in 2011, and confirmed it paid out £390m in bonuses to investment bankers. Sir […]
Hedge Funds Gain 2.15% in January 2012, Eurekahedge
New York (HedgeCo.net) – The Eurekahedge Hedge Fund Index was up 2.10% in January on the back of a strong resurgence in risk appetite, making it the strongest monthly return for the index since December 2010. The MSCI World Index […]
Hedge Funds Buying into Hepatitis C Treatments
KapitallWire – Wall Street is clamoring to get in on the newest Hepatitis C drug stock rally. The move is largely a reaction to a series of successful developments from several new Hepatitis C treatments. The virus currently affects about […]
J.P. Morgan Strengthens Hedge Fund Arm
New York (HedgeCo.net) – J.P. Morgan’s hedge fund investment arm, J.P. Morgan’s Asset Management is enhancing its pooled Commingled Pension Trust Fund Stable Asset Income Fund (SAIF), to ensure that the fund remains open and available to new investors. “The […]
February UCITS Hedge Fund Update
New York (HedgeCo.net) – The UCITS Alternative Index Blue Chip is up 0.25% this week, bringing its month to date performance to 1.32%. Macro and Emerging Markets are the best weekly performers, with respective gains of 0.61% and 0.57%. Event-Driven […]
Chinese, Texan and Classic on Hedge Fund Menu
Advanced Trading – From classic to Chinese or even Texan, hedge funds are deploying a variety of trading strategies this year to make the most of sizeable deals, including Glencore and Roche, after a freeze in deal-making dented their returns […]
Doric shuts flagship hedge fund to focus on small cap strategy
Reuters – Doric Capital Corp, one of Hong Kong’s oldest hedge fund firms founded by former Man Group Plc executive Michael Nock, has shut its decade-old Asia ex-Japan long/short equity fund and plans to focus on managing its small-cap strategy. Launched […]
US 2011 new fund launches strong on equity strategies and locking in investors
Hedge Funds Review – New-launch US-based hedge funds are asking for lock-ups while a good proportion of start-ups have seed or strategic capital prior to opening. Equity and equity-related strategies were most popular. A good majority of new start-up hedge funds […]