Monthly Archives: August 2012
Hedge Funds Are Buying Spanish Real Estate After Slump, FTD Says
Bloomberg – Hedge funds and private-equity firms are buying Spanish real estate after prices slumped, Financial Times Deutschland reported, citing Adolfo Ramirez-Escudero, the head of investment at CBRE Group Inc.’s Spanish business. Ramirez-Escudero advised on four property deals valued at more […]
Armajaro set to launch financials hedge fund
Reuters – Armajaro Asset Management, the hedge fund founded by commodities trader Anthony Ward, is set to launch its new financials hedge fund in October, part of the firm’s push to diversify further into equities. The Armajaro Global Financials Fund […]
Credit Suisse: Hedge Funds Up 1.02% in July
New York (HedgeCo.Net) – The Dow Jones Credit Suisse Core Hedge Fund Index closed up 1.02% in July as six of the seven index component strategies reported positive results for July. Following the market events of 2008, increased attention has […]
James Sinclair Welch, Bronxville hedge fund chief’s son, freed after Yellowstone club death
NewsDay – A Bronxville teenager out for a late-night drive in an all-terrain vehicle was charged with negligent vehicular homicide under the influence of alcohol after a crash that killed his passenger and prep-school roommate at the luxury Yellowstone Club […]
Fall-out from ‘hedge fund’ shooting
PF – The shock waves from the shooting and suicide involving two dodgy asset managers in Cape Town last week are reverberating widely, with indications that investors in a “hedge fund” could face losses of almost R2 billion. The high […]
Texas Permanent’s plan to change hedge fund portfolio hits a snag
Pensions & Investments – Texas Permanent School Fund’s slow journey toward direct investment in hedge funds hit a traffic jam, thanks to the state education agency’s decision that the permanent fund must reconsider a proposal to terminate three of its […]
Credit Suisse: Overall Hedge Fund Industry Up 0.96% in July
New York (HedgeCo.Net) – The Credit Suisse Liquid Alternative Beta Index (“CSLAB”), which aims to reflect the performance of the overall hedge fund industry, finished up 0.96% in July.The Managed Futures strategy was the most significant contributor to performance, finishing […]
People Moves: Hedge Fund Veteran Joins Northern Trust
New York (HedgeCo.Net) – $4.6 trillion hedge fund administrator Northern Trust, announced today that Tony Glickman has joined in a global client solutions role designed to harness the full value of its hedge fund services, custody, banking and operations platform on […]
Oil bull Hall’s hedge fund makes first gain in 5 months
Reuters – Billionaire oil trader Andy Hall’s hedge fund has made money for the first time since February, aided by a rebound in oil prices he pinned on tightening sanctions on Iran and stalling production growth from Brazil to North […]
U.S. hedge fund wants Telus voting shareholders to have ‘acceptable’ premium
Canada Business – A dissident investor has requested a meeting of Telus’s voting shareholders to call for a premium for their support in consolidating the telecom company’s shares, a proposal Telus dismissed as the U.S. hedge fund’s latest “nuisance play” […]
Hedge Funds Sitting Out Big Corn Trade
The Street – Big volatility and surging real prices are usually the playground for hedge funds looking for some easy speculative trading gains. But the drought that has crippled the 2012 U.S. corn crop has yet to attract the big money players. […]
Loeb hedge fund makes big bet on Kraft
Chicago Tribune – Hedge fund manager Daniel Loeb made a big wager on Kraft Foods in July, telling investors in his $8.7 billion firm that a stake in the food maker is now one of the firm’s largest positions. Loeb’s […]