Monthly Archives: July 2010
Hedge funds cash in on uncertainty around European banks
Guardian – Hedge funds and other investors are preparing to profit from the latest chapter of the European sovereign debt crisis: the publication of the results of bank stress tests on 23 July. Investment banks have been compiling research notes […]
Rio Gains on Sao Paulo as Funds Seek ‘Sexiest’ Beaches, Batista
Bloomberg – Gartmore Investment Management Ltd.’s Christopher Palmer needed only a day in Rio de Janeiro to scout for investment opportunities while visiting Brazil six years ago. Now half a week in the city isn’t enough. A half a century […]
Hedge Funds Bull Oil Bets Fall to 15-Month Low: Energy Markets
Bloomberg – Hedge funds slashed bets that oil would rise last week to the lowest level in more than a year just before crude began its biggest advance since May. So-called long positions on the New York Mercantile Exchange dropped […]
Hedge Funds Bank On a Second-Half Jolt
NYT – Most hedge funds managed to come through the market tumult of the first half with flat to slightly lower returns, but that kind of ho-hum performance may not satisfy wealthy investors going forward, Reuters reported. For the year […]
Hedge fund boss bans office gossip
BBC – Is gossiping in the office divisive and damaging to team morale? A top hedge fund boss on Wall Street, Ray Dalio of Bridgewater Associates, has told his staff that they risk losing their jobs if they gossip in […]
London Hedge Fund Turns Profits Betting on Sports in the UK
Gambling News – A startup hedge fund based in London has turned a novel idea into a profit machine. Rather than pouring investments into traditional markets, the group has decided to use its investor’s funds to bet on sports in […]
Hennessee: Hedge Funds Down –1.35% In June
New York, (HedgeCo.net) – The Hennessee Hedge Fund Index declined –1.35% in June (+0.20% YTD), while the S&P 500 decreased –5.39% (-7.57% YTD), the Dow Jones Industrial Average declined -3.58% (-6.27%), and the NASDAQ Composite Index fell -6.55% (-7.05% YTD). […]
Hedge Fund Honcho’s Thoughts on Hedge Fund Tax
Forbes – Billionaire and founder of hedge fund, Omega Advisors, Leon Cooperman, recently gave me his thoughts on New York’s possible hedge fund tax and its likely impact on the state. “Politicians need to understand there are consequences of their […]
Confessions of a Hedge-Fund Manager
NewsWeek – As Democrats and Republicans haggle over the final shape of financial reform, there’s one villain both sides agree on: hedge funds. But are they really as bad as we’ve all heard? A new book takes the first steps […]
Man Group Eyes Mainland China For Future Hedge Fund Sales
Dow Jones -Man Group PLC Chief Executive Officer Peter Clarke Thursday said the hedge-fund giant could be selling products to mainland China investors within a few years if lobbying efforts with authorities pay off. Speaking at the company’s annual general […]
BP stake may help oil sovereign funds diversify
Reuters – A stake in BP may seem like a curious purchase for sovereign wealth funds looking to diversify oil wealth, but it holds a definite allure: gas and renewable energy expertise and exposure to emerging economies. Sources have said […]
