Monthly Archives: February 2006
Speculation Takes an Unwelcome Holiday
Street.Com – One predictable mechanism has been framing the boundaries of the speculative game in global markets in recent years: the yen carry trade. This involves investorsborrowing cheap yen to invest in higher-yielding currencies and assets. Carry-traders have been known […]
Demand for MBAs up
USA Today – Former JPMorgan Chase private banker Adam Bernstein dropped out of Wall Street two years ago to pursue an MBA degree at Dartmouth College’s Tuck School of Business. Today, four months before the class of 2006’s cap-and-gown ceremony, […]
Credit Suisse/Tremont Investable Hedge Fund Index 2005 Review
In 2005, the Credit Suisse/Tremont Investable Hedge Fund Index (“INVXâ€Â), was up +3.53% net. The INVX outperformed, on a gross basis, four out of five competing investable indices. The INVX finished the year up +4.41% gross, as compared to HFRX, […]
Fraud within hedge funds on the rise
Cayman Net News – Along with the phenomenal growth of hedge funds, there has also been a steady rise in funds collapsing as well. The Head of the Insolvency and Recovery at local legal firm Walkers, Guy Locke, said that […]
Hedge Funds Bring Capital, Anxiety to India
Bloomberg – As hedge funds from across the world shower riches on Indian stock markets, all that the country’s central bank can worry about is how to stop them. Without hedge funds the benchmark Mumbai Sensex probably wouldn’t have scaled […]
Mood on Wall Street turns bearish, top analysts say
Orlando Sentinel – A panel of top Wall Street analysts gave some advice last week to some of Orlando’s leading finance experts: Prepare your clients for bad news. A number of potential warning signs have cropped up that could spell […]
EFG buys Hedge fund firm Capital Management Advisors
Investors Business Daily -EFG International said on Monday that it agreed to buy hedge-fund firm Capital Management Advisors as the Swiss private bank responds to increased client demand foralternative investments. The price of the deal wasn’t disclosed, but EFG said […]
Hedge Funds still a risky investment
Investors Business Daily – Are hedge funds now investments for the masses? Not so fast. Long reserved for the ultra-rich and the institutional investor, these private and risky investments have grown explosively in the past few years, in part because […]
Private equity funds bristle as hedge funds muscle in
A revolution is expected, but can hedge funds take over the world? Gemma Westacott reports: Hedge funds are encroaching on what has traditionally been the hunting ground of private equity funds. Merrill Lynch chairman for Europe, the Middle East and Asia […]
Pension plans turn to hedge funds
Arizona Republic – If you had a chance to look under the hood of your pension fund, you just might find a hedge fund or two inside. Public pension funds, like other investors, have been struggling to boost returns amid […]
Hedge funds to crash Vardy deal
The Sunday Times – PENDRAGON’s £506m bid for rival car dealer Reg Vardy could be frustrated by a number of hedge funds and proprietary trading desks that have built a big stake in the group,writes Richard Fletcher. Despite having triumphed […]
Swiss private bank EFG buys Bermuda hedge fund
Reuters – Swiss private bank EFG International (EFGN.S: Quote, Profile, Research) has acquired 100 percent ofthe share capital of hedge fund manager Capital Management Advisors from its founders, the bank said on Monday. No price was given for the deal […]