Monthly Archives: February 2006
More funds curb inflows to shield performance
Reuters Italia – An increasing number of traditional fund managers are capping portfolios to avoid diluting performance with inflows, taking a cue from fast-growing hedge funds, F&C AssetManagement said on Wednesday. A number of funds such as Framlington Equity Income […]
Attack of the Hungry Hedge Funds
BusinessWeek – Activist hedge funds had a banner day on Feb. 7. Before the stock market opened, General Motors Corp. (GM ) finally succumbed to months of pressure from billionaire Kirk Kerkorian and his Tracinda Corp. investment fund by slashing […]
A hedge fund’s ups and downs
Akron Beacon Journal – One partner is a former star college tennis player who managed money for an investment bank. The other, the son of a well-known banker, has an MBA and worked on Wall Street. Over the past decade, […]
Majestic Research finds favor with hedge funds
Reuters – Stock tracker Majestic Research doesn’t talk to company executives or visit malls to get a handle on retail trends. Nor does it make stock recommendations. But the New York-based research firm is winning converts among hedge funds who […]
Hedge funds lose out as MFI soars
Independent – Dozens of hedge funds saw millions of pounds wiped off their portfolios yesterday after shares in MFI recorded their biggest-ever one-day gain. They leapt 17 per cent on the news that the furniture retailer had sold its French […]
Barton Biggs Talks Hedge Fund Mythology
After 30 years establishing himself as one of the best investment strategists in the world at Morgan Stanley (MS:NYSE – commentary – research – Cramer’s Take), Barton Biggs left Wall Street to start his own hedge fund, Traxis Partners. Created […]
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 […]