Monthly Archives: April 2010
Funds Add Bulk in Asia
WSJ – Signalling increased interest in Asia, investors such as GLG Partners Inc., D.E. Shaw & Co. LP and the Canadian Pension Plan have been opening or expanding their Asian offices in recent months. The moves are the latest sign […]
Mutual Funds: 10 Questions to Test Your IQ
NYT – Mutual funds are a cornerstone of retirement planning. Yet they’re widely misunderstood and investing ignorance can really cost you. Do you know the difference between an expense ratio and a turnover ratio? What about an open-end fund versus […]
Hedge Fund Assets Could Return To $2T In 2010
Emii.com – According to a survey from Credit Suisse, global hedge fund assets could return to pre-financial-crisis levels by the end of 2010, reports Bloomberg. The survey of 600 institutional investors that hold in excess of $1 trillion in assets […]
Italy March Mutual Fund Inflows At EUR1.86B
Dow Jones -Italian mutual funds posted a net inflow of EUR1.86 billion in March, according to figures released Wednesday by the country’s fund management association, Assogestioni. Assogestioni said inflows were mainly in bond funds, flexible funds, balanced funds, and hedge […]
Some managers pull back on credit bets after rally
MarketWatch – In the wake of a yearlong surge in credit markets, some hedge-fund managers are pulling back from fixed-income bets or looking for protection in case the rally turns into a rout, investors said this week. Junk bonds and […]
Hedge Fund Rules Are Fair to U.S., EU’s Barnier Tells Geithner
BusinessWeek – Hedge-fund rules proposed by the European Union aren’t protectionist, the bloc’s financial services chief told U.S. Treasury Secretary Timothy F. Geithner. “I am convinced that access to the European single market should be granted to managers and funds […]
US judge seizes $105 million in Argentine funds
AP – Argentina quickly said it would file a court appeal after a U.S. federal judge ruled Wednesday that bondholders can seize $105 million in Argentine central bank deposits held in the United States. A bank spokesman told The Associated […]
Cohen’s Hedge Fund Under Attack
New York (HedgeCo.net) – In an update of a Manhattan Federal Court filing, Patricia Cohen is now claiming her ex husband, Steven A. Cohen, has also defrauded her out of what may be a controlling stake in his $12 billion […]
Still no consensus or major reform after global financial crisis
The Washington Post – I attended a conference at Columbia University earlier this week that wound up focusing on how the mainstream business press contributed to the recent economic crisis with fawning, uncritical coverage of the financial sector that ignored […]
CalSTRS Launch 3-Year Hedge Fund Pilot Project
New York (HedgeCo.net) – The California State Teachers’ Retirement System (CalSTRS) is looking to hire a hedge fund consultant. CalSTRS said they are seeking a consultant to help select, monitor and assess hedge fund managers for a global macro strategy […]
Hedge fund group Man beats falling FTSE after weekly update
Guardian – Leading shares are heading lower ahead of tomorrow’s UK and European interest rate meetings, but hedge fund group Man is bucking the trend. Man has been under pressure in recent times, with a recent fall in profits and […]