Monthly Archives: August 2008

Hedge Fund Platform Launch By Luxemborg Fund

West Palm Beach (HedgeCo.net) – AA platform for asset managers and advisers to create SICAV SIF funds in Luxembourg has been launched by KMG SICAV SIF. The platform caters to all asset classes, including hedge funds. There are no restrictions […]

Some option players hedge bets in Wells Fargo, SunTrust

Reuters – Some bearish option players are betting that Wells Fargo & Co and SunTrust Banks Inc  could both lose as much as 10 to 15 percent of their current stock values by October options expiration. Nagging worries about the […]

Hedge funds control free markets

Folks, I want to share some information with you on "hedge funds." I have wanted to do this for some time now, but it seems each week some other topic pushes this one aside. Hedge funds are simply large – […]

Hedge Funds Weary to Invest in Freddie, Fannie: Government Bailout May be Inevitable

New York (HedgeCo.Net) – While the U.S. Treasury has done all it can to stave off rumors of a government bailout of Fannie Mae and Freddie Mac , some say the inevitable rescue is bound to take place after attempts […]

Developing markets ideal for hedge funds

Gulf Daily News – Developing markets are fertile ground for hedge funds, if the funds have experienced managers, according to Paulson and Company founder and chief executive officer John Paulson."Underdeveloped markets are less efficient and create more opportunities," Mr Paulson […]

Forex Market Platform Launch By Avalon

West Palm Beach (HedgeCo.net) – Avalon Capital Holdings Corporation, and its wholly owned subsidiary, Traders Development LLC, announced that it has initiated alpha testing of its proprietary ECN system. The Avalon ECN is a liquidity aggregator, which takes the best […]

Horlick’s Bramdean Pulls Money From Scholes, Dinan Hedge Funds

Bloomberg – Nicola Horlick’s money-management firm, Bramdean Alternatives Ltd., pulled money out of hedge funds run by Nobel prize-winner Myron Scholes and James Dinan to focus on more defensive funds as volatility increases. “In response to the continuing market turbulence,” […]

Hedge investors on cautious tack in choppy markets

Reuters UK – Funds of hedge fund portfolios are battening down the hatches in the current volatile markets by building up cash or steering clear of strategies with too much exposure to market movements. With returns in the hedge fund […]

Insana Capital Partners ‘Legends’ Hedge Fund To Close

Seeking Alpha – CNBC’s Ron Insana is folding the tent on his Insana Capital Partners L.P. hedge fund called "Legends." On August 8, 2008 sent a letter to his investors to announce they were closing shop and taking a job […]

Hedge Funds Lower Bets on Rising Stocks, Goldman Report Finds

Hedge funds reduced their bets in the past year that U.S. stocks would gain as the Standard & Poor’s 500 Index declined and credit conditions tightened, Goldman Sachs Group Inc. said. Such wagers accounted for 32 percent of funds’ equity […]

MILTON BROS. FEEL HEAT ON FUNDS

New York Post – The heat is getting turned up under Alan and Philip Milton, the brother team that runs Greenwich-based Windmill Management and its embattled SageCrest hedge funds. A lawyer for an investor in the SageCrest II hedge fund […]

Hedge funds circle Scottish & Southern

Guardian Unlimited – Hedge funds are buying into power supplier Scottish & Southern Energy in hopes of a bid for the company, currently valued at over £12bn. The latest fund to have bought shares is Centaurus, headed by Frenchman Bernard […]