Monthly Archives: February 2012
Copper Traders Most Bullish in Two Months as Hedge Funds Buy: Commodities
Bloomberg – Copper traders are the most bullish in two months on speculation that demand will strengthen from the U.S. to China at a time when stockpiles monitored by the world’s biggest metals exchange are at a 2 1/2 year low. Fourteen […]
Emerging markets hedge funds start year with strong performance gains
Hedge Funds Review – Emerging markets hedge funds started 2012 on a high, following one of the worst years for the strategy. A positive 4.4% performance in January helped boost an increase of assets into the strategy. Emerging markets hedge funds […]
Hedge Fund Assets May Rise to Record, Deutsche Bank Survey
BusinessWeek – Global hedge fund assets may rise 12 percent this year to a record $2.26 trillion as investors reduce cash and seek returns, according to an annual survey of investors by Deutsche Bank AG. The industry may see $250 […]
Fund consultant granted bail as U.S. cites threats
Reuters – A research consultant charged last week with illegally tipping hedge funds to inside company information can be released on bail, a judge said, rejecting calls by U.S. prosecutors to keep him detained because of insults he made to […]
Hedge Fund 3 Degrees Said to Lose Challenge to Regulator’s Order
Bloomberg – 3 Degrees Asset Management, asked by Singapore’s central bank to shutter its operations following allegations that founder Moe Ibrahim diverted assets, lost a legal bid to challenge the regulator’s order, according to two people familiar with the decision. […]
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 Earlier this month the Commission rescinded several exemptions provided to private funds that operate commodity pools.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 […]