Monthly Archives: April 2011
Science’s hedge fund superhero
Business Spectator – Hedge fund superstar David Harding has just made the biggest ever gift to the Cavendish Laboratory at Cambridge University: £20 million (more than $US30 million). But why would anyone want to give away such a sum, even if […]
Illinois Teachers OKs New Allocations
emii- The $34.6 billion Illinois Teachers’ Retirement System, Springfield, has set new asset allocation targets to raise its alternative investments by an aggregate five percentage points, Pensions & Investments reports. The move follows the fund’s normal five-year review of the portfolio allocations. […]
Co-op backs National Express board against hedge fund pushing for change
Telegraph – Co-operative Asset Management has become the first major National Express shareholder to come out publicly in support of the transport group’s board as it faces an attack from Elliott Advisors. Aggressive hedge fund Elliott, the company’s biggest shareholder […]
Chris Manser to leave AXA Funds of Hedge Funds
Opalesque – Chris Manser is to leave his position as Global Head of AXA Funds of Hedge Funds in order to pursue other opportunities and is believed not to have elaborated further on his future plans. Manser has been with […]
Ex-Gartmore stars to launch hedge fund – report
Reuters – Former Gartmore fund managers Roger Guy and Guillaume Rambourg are to launch a hedge fund this year, the Sunday Times said. Guy and Rambourg, whose departures last year from Gartmore GRTR.L led to heavy outflows of assets and […]
Institutions On The Lookout For Global Hedge Funds In 2011
New York (HedgeCo.net) – Retirement plans, endowments, foundations and other large investors are looking for hedge funds, funds of hedge funds and investment managers with strong capabilities in global and emerging markets, according to the 2011 Consultant Search Forecast. This […]
Hedge Funds Gain $56 Billion Net Inflows In 2010; JPMorgan, Goldman Rated Top Brokers
Barron’s – Hedge fund assets increased by $149 billion in the fourth-quarter to $1.917 trillion at the end of 2010, says Hedge Fund Research. That broke the previous high-water mark of $140 billion in 2007. The year-end figure approaches the […]
Paulson’s biggest hedge funds post losses in first quarter
Reuters – Billionaire hedge fund manager John Paulson is off to a mixed start to the year as his biggest portfolios posted losses during the first three months, two people familiar with the performance said. Some of his other funds, […]
UCITS Hedge Fund Strategy Index starts positive into April 2011
New York (HedgeCo.net) – The UCITS Hedge Fund Strategy Index started positive into April with gains of +0.36% after the first week of trading (by business day 5, April 7th, 2011). Out of the eleven sub-strategies nine returned positive results, the […]
Mutual funds pull from hedge-fund playbook
USA Today – Given our chaotic times, you may be wondering how to protect your investments against some sudden, unforeseen event: a stock market meltdown, a crisis in the banking system or an invasion of Venusian brain garglers. In finance, […]
AXA targets Newcits with fund of funds launch
CityWire – AXA Investment Managers (AXA IM) has become the latest firm to launch a fund of Newcits funds. The launch of the new AXA World Fund Multi Alpha fund comes just days after Aberdeen revealed it is also about to enter […]