Monthly Archives: July 2011
HSBC Targets Instos With Hedge Fund Solution
Financial Standard – Institutional investors want more dynamic and interactive ways to invest in hedge funds according to HSBC, which has launched its customised hedge fund and alternative solutions in Australia. HSBC Alternative Investments Limited (HAIL) is a hedge fund […]
The New Class War: Closing a single hedge fund loophole would earn billions
Daily Kos – One of the tax breaks upon which President Obama has focused is a provision that allows hedge fund managers — who make billions annually — to receive a substantial tax break. This particular tax break, known as […]
Global Composite Hedge Fund Index Lowest Since 1998
New York (HedgeCo.net) – June has been a difficult month for hedge funds all across the board, with most strategies suffering a loss, according to the latest performance data from HedgeFund Intelligence. Hedge funds were down 1.27%1 in June, ending […]
Top commodities funds take fresh beating in June
Reuters – Two of the biggest commodity hedge funds suffered a second month of painful losses in June, falling victim to a rout across raw goods markets, a hedge fund investor told Reuters on Thursday. Clive Capital, a top commodities […]
Man Group Hedge Fund Inflows Reach $71 Billion June 30th
New York (HedgeCo.net) – Hedge fund giant Man Group reached $71.0 billion (FUM) at 30 June 2011, compared with $69.1 billion by 31 March 2011. “We are pleased to be reporting strong net inflows from investors over the last quarter.” […]
Merrill ordered to pay hedge fund firm $64 mln
Reuters – An arbitration panel ordered a Merrill Lynch clearing unit to pay $63.7 million in damages to California hedge fund manager Rosen Capital Partners LP as compensation for losses during the 2008 financial crisis. The panel found Merrill Lynch’s […]
Man Group’s Japan fund launch wins back investors
The Globe and Mail – Man Group boasted stronger than expected inflows in its first quarter as demand from investors keen to profit from bleak financial markets helps the world’s biggest listed hedge fund manager accelerate its own belated recovery from […]
Fixed interest fund investors ‘should diversify’
Business Report – With a rising interest rate cycle appearing increasingly likely, South Africans invested in fixed interest funds should look to diversify their portfolios, as this environment typically has a deteriorating effect on bond prices and bond portfolios. According […]
Hedge funds cut gas bets most in four months: Energy markets
StamfordAdvocate – Hedge funds reduced bullish bets on natural gas the most in four months after a larger-than-normal increase in U.S. stockpiles prompted speculation that record output will overwhelm demand for the power-plant fuel. The funds and other large investors cut […]
Danish Nurses Challenge Hedge Funds by Financing Windmills
Bloomberg – Kirsten Gosvig’s pension fund bought a $485 million stake in Denmark’s largest offshore wind-power project, an investment that’s forecast to earn at least twice the average historical return of hedge funds. PKA Ltd., which manages retirement money for the […]
Wiretaps Reveal That Shimoon Sold Apple Secrets To Hedge Funds
New York (HedgeCo.net) – Walter Shimoon pled guilty yesterday to two counts of conspiracy to commit securities fraud and wire fraud and one count of securities fraud. CNN Money says: Shimoon, a fomer director at Flextronics, a Singapore-based company that […]
