Monthly Archives: July 2011
New Yorker Review: Ray Dalio And His Hedge Fund
New York (HedgeCo.net) – In the July 25, 2011, issue of The New Yorker, in “Mastering the Machine”, John Cassidy talks to Ray Dalio and gets an exclusive look inside Bridgewater Associates, the world’s biggest hedge fund, of which Dalio […]
Hedge Fund Association Launches Europe’s First Smaller Managers’ Group
New York (HedgeCo.net) – The Alternative Investment Management Association (AIMA), the global hedge fund association, has created the AIMA Smaller Managers’ Group for AIMA’s European hedge fund managers with $250 million or less in assets under management. “It is well […]
Board games
The Lawyer – Independent directorships for hedge funds are in the spotlight as investors express concerns about governance. One of the last real operational areas of concern in the world of offshore hedge funds has to be the issue of […]
Hedge funds targeted in US debt talks
GFS News – With just five days to go until a deadline imposed by President Barack Obama to reach a deal on US debt, Republican and Democrat leaders are still bitterly at odds over proposed tax hikes. On Saturday, in […]
Hedge funds slide -1.04% in June, Barclay Hedge Fund Index +1.04% YTD
Opalesque – Hedge fund performance was down for the second month in a row, with a 1.04% loss in June according to the Barclay Hedge Fund Index compiled by BarclayHedge. Year-to-date the Index is up just 1.02%. “After eight straight […]
Ray Dalio’s Bridgewater Now Has About $100 Billion Under Management
BusinessInsider – Ray Dalio’s Bridgewater is profiled in the New Yorker this week and among the many interesting details revealed within, there’s one reminder. Bridgewater is now managing around $100 billion. That makes his the biggest hedge fund in the world – […]
Man Group buys Lehman exposure from GLG funds
Reuters – Hedge fund firm Man Group is to buy exposure to the estates of defunct U.S. bank Lehman Brothers from funds run by its GLG unit for $355 million, in an effort to clean up the funds’ holdings and […]
Top Biotech Picks of High Alpha Funds
Seeking Alpha – Leading hedge fund and mutual fund managers that have a long-term track record of generating high market-beating returns are slightly under-weight the biotech industry, by a factor of 1.5. However, this can easily be explained as many […]
Ex-hedge fund manager settles with SEC
UPI – A former hedge fund trader who pleaded guilty to criminal charges in an insider trading investigation agreed to pay $540,000 to settle U.S. civil charges. The civil settlement between the Securities and Exchange Commission and Danielle Chiesi — […]
F&C faces 14 mln stg bill in hedge fund court case
Reuters – Fund firm F&C Asset Management faces a bill of up to 14 million pounds ($22.4 million) after losing a high court battle with two fund managers over a hedge fund joint venture laid low by the credit crisis. […]
Hedge funds are Rupert Murdoch’s latest casualties
Economic Times – Of all the casualties of Rupert Murdoch’s phone-hacking scandal, merger arbitrageurs are possibly the least deserving of sympathy. Still, hedge funds probably lost several hundred million pounds betting on the media mogul’s failed bid for British Sky […]
F&C faces £14m bill for felled hedge fund business
Telegraph – The London-listed investment house lost a High Court battle to stop the hedge fund managers triggering a legal agreement to be bought out. F&C now faces a total bill, including legal fees, of around £14m – far higher […]
