Monthly Archives: May 2009
Barclay Hedge Fund Rankings Rate Tranen #1 in Fixed Income Asset Backed Lending
West Palm Beach (HedgeCo.net) – British Virgin Islands based hedge fund manager Tranen Capital took the lead in the Fixed Income – Asset-Backed Lending category for March 2009 with a return of 2.49%. In addition to the March performance, the […]
MENA Equity Fund Launch
West Palm Beach (HedgeCo.net) – Hedge fund manager, Majid Al Futtaim Asset Management, is launching its first Middle East and North Africa (MENA) equity fund, the Luxembourg domiciled ‘Elite MENA Equity Fund’. Investors can invest alongside the family office of […]
Mutual funds copy hedge fund strategies in turf war
Reuters UK – Mauled by the carnage on Wall Street, mutual funds are copying hedge fund strategies in an effort to regain some of the shine they have lost this decade. Many investors have been burned investing in a single […]
Russia hedge fund survivors ride rising stock markets
Opalesque – Most hedge funds focusing on the region benefited from the increasing oil price and the strengthening rouble in April. Those who did hence survived 2008, which proved to have been almost lethal as some had to restructure and […]
New FDA Chief Must Divest Several Stock, Fund Holdings
Wall Street Journal – The new commissioner of the Food and Drug Administration is among the wealthiest Obama administration appointees, with income of at least $10 million in 2008 thanks mostly to her husband, a hedge-fund executive, according to financial […]
Improving Hedge Fund Industry Corporate Governance
Seeking Alpha – I saw today a very interesting article in the FT about the discussion going on at the SEC about a rule allowing US investors to nominate company directors. Companies at present nominate their own directors. Shareholders have […]
FoHF gain liquidity tool
Financial Standard – Australian fund of hedge fund managers can manage liquidity levels in real time after Northern Trust enhanced the firm’s Hedge Fund Monitor product. The feature, which is available via Northern Trust’s relationship with youDevise, allows the fund […]
Consolidation looms for Swiss funds of hedge funds
Reuters – Many of Switzerland’s smaller fund of hedge funds providers could be forced to consolidate in order to cover increasingly onerous expenses if they are unable to attract significant assets, a Swiss academic said on Monday. The small average […]
Hedge fund titan plans to launch new mutual funds at AQR
Wealth Bulletin – AQR Capital Management intends to launch a line-up of mutual funds next month that will use a hedge-fund strategy developed in 1989 by founder Clifford Asness as a doctoral student in finance at the University of Chicago, […]
Elliott Associates, Hollywood Power Player
msnbc.com – He is hardly your average movie investor. He cultivates his privacy, and he heads a $13 billion hedge fund that, unlike those run by Carl Icahn and others, rarely mounts a proxy fight. But while most Hollywood bankers […]
New York cutting firms tied to pension flap from doing business with fund
New York Daily News – State Controller Thomas DiNapoli is booting 10 hedge fund managers from doing business with New York’s scandal-scarred $122 billion pension fund, the Daily News has learned. Four of the 10 firms were listed, but not […]