Monthly Archives: April 2006
Nervousness among hedge funds? copper watchers
The “super spike†in copper prices has baffled metal watchers and caused consternation among the big copper consumers. It has also been enormously profitable for a handful of hedge funds. The price of copper, up fourfold since November 2001, has […]
EU body warns of risks from hedge funds
VIENNA (Reuters) – Hedge funds could offer a systemic risk for European Union financial stability and regulators should closely monitor the exposure of the bloc’s banking system to that risk, according to a report from an EU body. The Economic […]
Hedge Funds for the Masses
QUESTION: How can an average person invest in a hedge fund? It seems that if you’re not an institutional investor or you don’t have $1 million to invest, you’re out of luck. I thinkthat’s not fair. How can a “little” […]
Argentina-based Copernico downsizes hedge fund
LONDON, April 6 (Reuters) – Argentina-based Copernico Capital Partners said on Friday it will pay investors a dividend to reduce the size of one of its hedge funds because profit opportunities are not as common as they were. Copernico’s Argentina […]
Armstrong debunks low-risk FoF myth
LONDON (Citywire) – Research by Insight Investments’ multi-manager Patrick Armstrong challenges the commonly held perception that the inbuilt diversification from fund of funds (FoFs) offers investors good returns at a lower risk than funds that hold stock directly. Armstrong, who […]
Gold works as a hedge against inflation
Gold recently touched a 25-year high, and while it has backed off its peak, experts say a major decline is unlikely. Still, with money pouring into exchange-traded funds pegged to gold, you might wonder whether your portfolio could use a […]
Cambridge hires State Street hedge fund expert
IPE.com 5/Apr/06: US – Consulting firm Cambridge Associates has former StateStreet’s Charles Cassidy to the new role of director of operational due diligence for its hedge fund group. The group identifies and screens hedge fund managers and creates customized hedge […]
Hedge funds shifting to benchmark performance
LONDON (Reuters) – Investors are pushing hedge funds towards the use of relative rather than absolute measures of performance, which could create pressure on fees, hedge fund industry figures said. Hedge funds, which can use tools such as derivatives and […]
New Focus in Refco Inquiry
Federal investigators and lawyers looking into the accounting fraud that led to the brokerage’s collapse have been asking questions about a defunct investment fund managed by Eric M. Flanagan, called Delta Flyer Fund LLC. They want to know what role […]
Hedge fund activism seen rising
LONDON (Reuters) – Powerful hedge fund investors will increasingly seek a bigger say in the running of companies they invest in, says Sid Shamnath, an investment manager for Titanium Capital. Shamnath, a manager of Titanium’s Global Event Driven Arbitrage Fund, […]
Hedge funds deny having too much of a good thing
LONDON (Reuters) – Hedge fund industry figures dispute the idea that a flood of money into the sector from pension plans and other clients is cutting overall returns by overcrowding the market, saying recent economic conditions are the main culprit. […]
Hedge funds helping sustain small-cap rally
NEW YORK (MarketWatch) — Hedge funds are emerging as one of the key drivers behind the unexpected, enduring strength of small-capitalization stocks, a sector that has baffled observers by rallying since October, 2002. While hedge funds have fueled the rally, […]