Monthly Archives: April 2011
Dow Jones Credit Suisse & RCB Post Positive Hedge Fund Returns
New York (HedgeCo.net) – RBC Capital Markets today reported that for the month of March 2011 the RBC Hedge 250 Index had a net return of -0.32 per cent. This brings the year-to-date return of the Index to 1.65 per […]
Analysts hedge their bets on a gold-plated economy
The Sunday Herald – John Paulson, the billionaire hedge fund manager, whose bet against the overheated US housing market made him one of the world’s wealthiest and most controversial hedge fund managers – is playing the gold market in a […]
Gottex, other hedge fund managers optimistic about business objectives but wary of uncertainties and ready for more consolidation
Opalesque – Joachim Gottschalk, Chairman and CEO of Gottex Fund Management, apparently feels optimistic. At today’s meeting, during which the company will adopt its annual financial statements, re-appoint auditors, and re-elect some of the directors, he is expected to make […]
UCITS Hedge Fund Strategy Index drops in second week of April 2011
New York (HedgeCo.net) – The UCITS Hedge Fund Strategy (HFS) Index lost -0.42% in the second week of trading in April and is down -0.06% month to date (by business day 10, April 14th, 2011). The only two sub-strategies posting […]
NewsWatch: Hedge fund manager charged in HGS insider trading case
Gazette – The Securities and Exchange Commission has charged Joseph F. Skowron III — a former Morgan Stanley manager of the six hedge funds that dumped large chunks of Human Genome Sciences stock after receiving insider tips about its drug […]
Hedge Fund Women Use Poker, Power Lunches to Boost Nonprofits
Bloomberg – The annual fundraiser for the female hedge-fund executives of High Water Women Foundation features Texas Hold ‘Em. Women make up about 90 percent of individual ticket buyers and half of the attendees. The proceeds from the organization’s annual fundraiser, which […]
Avoca buys Liontrust hedge funds
Irish Times – Avoca Capital, the Dublin-based manager of collateralised loan obligations, has acquired two high-yield bond hedge funds from UK fund manager Liontrust. Five credit specialists from Liontrust, including fund manager Simon Thorp, will be hired by Avoca as […]
Former CEO of Iron Mountain takes charge as hedge fund seeks change
Boston Herald – A shake-up at the top of Iron Mountain sparked a stock rally and sent signals that the Hub-based document storage firm may become more willing to work with investors pushing for major changes. Iron Mountain yesterday replaced CEO […]
Hedge funds vs. mutual funds
Financial Post – The world of retail investing has become quite complicated. It seems as though Bay St. and Wall St.’s best and brightest are constantly dreaming up new ways to package people’s money into pools and invest the funds […]
Ex-Goldman Trader Returns 0.9% After Starting Hedge Fund 4 Days Post-Quake
Bloomberg – Hayate Atom Multi Strategy fund has returned 0.9 percent since former Goldman Sachs Group Inc. (GS) trader Masaru Matsumoto started the Japan focused hedge fund four days after the nation’s strongest earthquake on record. The fund, which invests in […]
DMS Launches Brazil Hedge Fund Office
New York (HedgeCo.net) – Hedge fund governance firm, dms Management Ltd. (DMS), is expanding its global presence with the opening of an office in Sao Paulo, Brazil: dms Management (Brasil) Assessoria Empresarial Ltda. The establishment of the Brazil office marks […]