Monthly Archives: February 2008
Hedge Funds Decline in January 2008
West Palm Beach (HedgeCo.Net)- The Greenwich Global Hedge Fund Index (GGHFI), fell -2.44% in January amid severe declines in global equity markets such as the S&P 500, MSCI World Equity, and FTSE 100 indices. Meanwhile, 79% of hedge funds outperformed […]
Emerging market hedge funds pull in $9 bln in 2007
Reuters- Hedge funds specializing in emerging markets took in $9 billion in new money last year as strong performance at portfolios focusing on Russia, Africa and the Middle East wooed investors, data released on Monday show. However, some industry experts […]
Hedge Funds Raise Stake in Times Co. to Near 10%
New York Times- The coalition of hedge funds that wants to place directors on the board of The New York Times Company has more than doubled its stake in the company, to nearly 10 percent of the regular shares, according to […]
Hedge Fund Awareness When Dealing With Institutional Investors
West Palm Beach (HedgeCo.Net)- A white paper released today by SEI, titled "Five Critical Challenges for Hedge Funds Taking Aim at the Institutional Market", details the growing institutional acceptance of hedge fund investing. Forty-seven percent of the institutions surveyed said […]
Hedge Fund Launches By QIM
West Palm Beach (HedgeCo.Net)- US based Quantitative Investment Management(QIM), has launched two new hedge funds, the Quantitative Tactical Fund and the Quantitative Fund. Director of Marketing, John McAllister said of the launches, "The multi-strat gives us an ability to provide […]
Goldman Takes 20% Stake In London\’s Capula Hedge Fund Group
CNNMoney.com- A fund of Goldman Sachs Group Inc. (GS) said Monday it has taken a 20% stake in London-based hedge fund operator Capula Investment Management, in the latest move by a bank to tap into hedge funds’ lucrative fees through […]
Watching hedge fund bets for market trends
International Herald Tribune- If hedge funds are, as is often claimed, the investment vanguard, their latest moves appear to be telling financial markets it is time to take a break from the trading patterns that have dominated since mid-2007. Investment banks […]
Hedge funds flex political muscle in U.S. election
Reuters UK- Hedge fund managers Ken Griffin and Dan Loeb are backing Democratic presidential contender Barack Obama, while Thomas Steyer and Marc Lasry are betting on his rival, Hillary Clinton. Prominent New York hedge fund managers Louis and Zack Bacon […]
SEC issues warns over wealth funds
Daily Telegraph- The Securities and Exchange Commission has warned it is highly wary of sovereign wealth funds, branding the new wave of investors as potential traders of inside information. The SEC, the US’s leading financial regulator, also accused such funds […]
Investors punish hedge funds for poor returns
Reuters- Investors punished hedge funds for poor performance in December, when they dramatically cut the new money they sent to its lowest level in two years, new data released on Thursday show. Pension funds, endowments and wealthy individuals put only […]
Ritchie Capital sues investors in troubled hedge fund
Chicago Tribune- Ritchie Capital Management LLC has sued investors who are trying to force one of its hedge funds into bankruptcy, claiming they disparaged the Lisle-based investment firm. Comments made by the investors’ bankruptcy counsel have made it more difficult […]
Private sector to fund, run nuclear plant
Globe and Mail- A consortium of private sector companies is teaming up with Atomic Energy of Canada Ltd. to finance a $5-billion ACR1000 reactor in New Brunswick in a test of a new ownership model for nuclear plants that could […]