Monthly Archives: August 2011
Hedge funds hit ‘sell’
Dow Jones – For all the talk of the need for investors to avoid panic, hedge funds have been dumping the shares and debt of many of their favourite companies, according to investors and traders, contributing to a downdraft in […]
How Bad Is It?
New Yorker – After the prime-time drama of showdowns on Capitol Hill, agita in the West Wing, and a doomsday deadline averted comes the local news, wherein bad things happen to real people. Friday’s payroll report for July showed that […]
Hedge Fund Investors Protect Themselves With $180 Million Against Market Deterioration
New York (HedgeCo.net) – Swiss Re has announced the successful transfer of $180 million of extreme mortality risk to the capital markets. Swiss Re has a history of obtaining over $2.0 billion in extreme mortality risk protection. “Swiss Re has […]
ProShares launches ETF as alternative to hedge funds
CPI – ProShares has launched the ProShares Hedge Replication ETF. HDG’s benchmark is based on Merrill Lynch’s hedge fund replication model. HDG is attempting to provide the risk/return characteristics of a broad universe of hedge funds without many of the […]
Hedge fund stars profit in global debt crisis
Reuters Africa – Big-name hedge funds such as Brevan Howard, Man Group’s AHL and Winton are making money for investors despite Europe’s deepening debt crisis which has plunged global financial markets into turmoil. As global stocks sank for an eighth […]
Under Stress, Hedge Funds Like Gold, High-Yield Bonds
Forbes – Despite the record highs in gold prices, hedge fund managers still like the precious metal in the intermediate term. Outside of the precious metals, high-yield corporate and local currency emerging market debt are another trade favorite that has […]
Hedge funds are the key to Rio’s Riversdale win
The Australian – “I would say it was one of the most interesting and challenging deals in a lot of ways because of the share register,” says Minter Ellison partner Costas Condoleon, who worked on the deal for Rio. “The […]
Hedge fund managers seeking legal advice
Irish Times – Hedge fund managers are seeking legal advice about the worth of their credit default swap contracts amid plans for a voluntary exchange of Greek government bonds as part of the country’s rescue plan, advisers say. David Geen, […]
In Crisis Mode, Hedge Fund Managers Turn To The VIX
Forbes – Looks like the biggest derivatives trade of the week is buying VIX options. That’s the way most hedge fund managers are going to protect themselves from wild swings in the market, expected all week long thanks in part […]
Hedge Fund Buys Put Options, CDS Ahead of U.S. Rating Cut
San Francisco Chronicle – R-SQUARED, a $220 million Japan- focused hedge fund, bought put options and credit default swap indexes and sold cash bonds in anticipation of a U.S. sovereign- rating downgrade, said Tan Maruyama, the fund’s manager. The hedge fund, run […]
Hedge Fund Giant Blackstone Acquires $3 Billion Healthcare Stake
New York (HedgeCo.net) – Emdeon Inc is to become to become a privately held company after entering into a definitive merger agreement with hedge fund Blackstone Capital Partners VI L.P. Blackstone will acquire a controlling interest in Emdeon in a […]
Hedge fund ethics pushed in US and Asia
GFS News – A London-based standards body for the hedge funds industry is launching a campaign to sign up more US and Asian hedge funds to its ethical code of conduct. The Hedge Fund Standards Board, which was set up […]