Monthly Archives: September 2011
Hedge fund inflows advance 2.27%, says GlobeOp
StockMarketWire – Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 2.27% in September. GlobeOp Financial Services CEO Hans Hufschmid said: “Net inflows for the month were the second highest this year, and the highest for September […]
Hedge funds pullout dims market recovery
Business Day – The global economy is under threat of another round of crisis with the mounting debt profile in the Eurozone and downgrade of the United States economy. The impact of this looming crisis is already reverberating in the […]
Investors back hedge funds as safe havens vanish
Reuters – Withdrawals from hedge funds in September fell to their lowest level since before the credit crisis, as investors nervous over traditional ‘safe havens’ such as the Swiss franc and gold plumped for portfolios expected to make money in […]
Europe’s first social media based hedge fund launched
The Drum – City traders are augmenting more traditional channels of information to embrace Twitter as a real time reflection of global events which could influence share price movements. The data is fed into traders into a gauge of the […]
New Index Will Track Acclaimed Market Pioneer Martin J. Pring’s Proprietary Investment Strategy
Dow Jones Indexes and Pring Research have announced plans to develop and co-brand a U.S. business cycle gauge designed to closely track Pring Research’s proprietary investment strategy. Pring Research’s Principal and President, Martin J. Pring, is an award-winning leader in […]
Private Equity Investment Nears $150 Billion in U.S.
Private equity firms invested more than $148 billion in 1,234 U.S. based companies in 2010, according to a new analysis released today by the Private Equity Growth Capital Council (PEGCC). The top five states in terms of deal value were […]
Hedge Fund Tech: Broadridge Acquires Paladyne Systems
New York (HedgeCo.net) – Global capital markets technology services company Broadridge Financial Solutions has acquired hedge fund solutions provider Paladyne Systems for approximately $76.5 million. “The acquisition of Paladyne will significantly expand Broadridge’s position as a service provider to buy-side clients,” […]
Saba Capital: A hedge fund bright spot
CNN – While some of the largest and most prominent hedge funds reeled in August, Boaz Weinstein’s Saba Capital was up 2.5% for the month, pushing the flagship fund up 7.3% for the year, according to an investor in the fund. […]
Yahoo Shares Jump After Hedge Fund Infusion, Takeover Buzz
CNBC – Yahoo shares surged after an activist investment hedge fund announced it had purchased a stake in the company and amid rumors that Yahoo’s co-founder may be trying to buy back the company. The stock jumped 6.1 percent to close […]
Fortress Commodity Fund Said to Beat BlueGold in August
Bloomberg – The $1.1 billion Fortress Commodities Offshore Fund Ltd. had its best month ever in August by betting on price declines for oil and copper, beating bigger rivals Clive Capital LLP and BlueGold Capital Management LLP. Fortress, the commodity […]
Serious Fraud Office criticised for closing Weavering Capital investigation
The Telegraph – The agency said it had abandoned the search for $500m (£313m) of losses at Weavering – more than two years after the dawn arrests of executives Magnus Peterson and Edward Platt. The pair, who maintained a company […]