Monthly Archives: February 2012
Former Atticus managers shut hedge fund firm
FT – New York-based Atwater Capital, which was founded by Lee Pollock and Kris Green, and backed by Atticus founder Timothy Barakett, is returning capital to investors, according to two people familiar with the situation. The decision was not based […]
Sorting Out Exchange-Traded Products
Forbes – The fund industry sprouts exchange-traded products (ETPs) like weeds on a warm spring day. This makes it very hard to differentiate one from another. There needs to be better classification tools. Fund companies and index providers must step […]
Hedge Funds Bullish on Gas Before Rally Fizzles
San Francisco Chronicle – Hedge funds more than doubled bullish bets on natural gas just before government data showed record production and Exxon Mobil Corp. decided not to reduce output, cutting short the biggest rally in more than a year. The funds and […]
European hedge fund stars profit in buoyant January
Reuters – Star European hedge fund managers including Crispin Odey and Pierre Lagrange were among the top performers in an upbeat January for the industry, as the European Central Bank’s cash boost for battered banks fuelled a stock market rally. […]
Hedge Funds Underestimating EU’s Will to Force Greek Losses
Bloomberg – Hedge funds seeking to wring profits from a Greek debt restructuring are underestimating the will of policy makers to impose losses on them, according to investors who say trying to beat the politicians is too risky. “It’s hard […]
Hedge Fund Gala: Open Your Heart to the Children Benefit 2012
New York (HedgeCo.net) – Former New York Yankees Manager Joe Torre will receive the “Hedge Funds Care Founder’s Award” at the 14th Annual New York Open Your Heart to the Children Benefit, it was announced today by Hedge Funds Care, […]
UCITS Hedge Funds up 1.37% in January
New York (HedgeCo.net) – The UCITS Hedge Fund Alternative Index Global is up 1.37% in January, after a performance of -3.64% in 2011. The Fund of Funds Index is up 0.18% after finishing the year 2011 down -5.25%. All strategies […]
Hedge Fund Manager Sal Naro Launches Coherence Capital Partners LLC
New York (HedgeCo.net) – Sal Naro, former co-managing partner of hedge fund Sailfish Capital, a $4.4 billion asset management firm with approximately $2 billion in hedge fund assets, is announcing the launch of Coherence Capital Partners LLC. “Coherence will look […]
US hedge funds capitalise on Lehman collapse
Telegraph – The Wall Street titan’s 2008 downfall saw the implosion of a $1 trillion balance sheet, putting 26,000 jobs at risk. Yet it is now making some investors very rich. Four large American hedge funds – Elliot Associates, King […]
Institutional investors set to dump poor hedge fund performers
Pensions & Investments – Institutional investors will be sharpening their scalpels in 2012, cutting managers that failed to provide what they promised: absolute return. Last year was the second-worst year for hedge fund performance in the 22 years that Hedge […]
Hedge Funds Underestimating Europe’s Will to Force Greek Losses
San Francisco Chronicle – Hedge funds seeking to wring profits from a Greek debt restructuring are underestimating the will of policy makers to impose losses on them, according to investors who say trying to beat the politicians is too risky. […]
Hintze’s CQS Starts ABS Hedge Fund After Prices Fell Last Year
Bloomberg – CQS U.K. LLP, the $11.2 billion money-management firm founded by Michael Hintze, is starting a hedge fund to trade mortgage-backed securities after the value of the assets tumbled last year. The CQS ABS Alpha Fund started with $140 […]