Monthly Archives: September 2011
Asian hedge funds suffer in ‘gloomy’ August
Opalesque – Asian hedge funds may be experiencing rapid growth over the past several months, with some insiders in the region outpacing their Western counterparts, but the positive outlook on Asian hedge funds was not enough to spare the region’s […]
Hedge funds can play role in retirement industry
Business Live – The recent high levels of volatility experienced by local and global stock markets has once again highlighted the need for investors to effectively diversify their retirement portfolios. According to Thomas Schlebusch, CEO of Blue Ink Investments, investors […]
Labor Day
New York (HedgCo.net) – From The Baltomore Sun: “Labor Day’s arrival can serve to remind employers that such investments are critical to an economy whose competitive advantage stems not from how inexpensive our labor is relative to other countries’, but […]
Thai Finance Chief Defends Sovereign Fund Plan
Bloomberg – Thai Finance Minister Thirachai Phuvanatnaranubala said the establishment of a sovereign wealth fund may help the central bank narrow losses on its currency and bond investments. “It’s a suggestion to help resolve the problem,” Thirachai wrote on his […]
Former IMF chief faces uncertain political future after New York prosecutors drop charges of sexually assaulting hotel maid
Guardian – Four months ago he was the man tipped to become the next president of France. On Sunday, Dominique Strauss-Kahn returned to Paris, his political career in tatters after being arrested and charged with the attempted rape of a New York […]
Stock markets fall again as IMF chief warns of crisis
Guardian – Fears of a new global recession sent stock markets falling sharply acrossEurope and Asia on Monday morning, after International Monetary Fund chief Christine Lagarde warned that the world economy is on the brink of a new crisis. In London, the FTSE […]
Hedge fund Gotterdammerung
Asia Times – The past 30 years have been notable for the rise of hedge funds, organizations that compete with the top Wall Street investment banks in remuneration, while charging their investors fees far above those traditional for investment management […]
Ex-Highbridge Asia head’s fund launch delayed by SFC review: report
Reuters – Carl Huttenlocher, former Asia head of JPMorgan Chase & Co’s Highbridge Capital, has delayed the September 1 launch of his hedge fund Myriad because of a regulatory review by the Hong Kong’s Securities and Futures Commission, according to the Wall […]
Hedge Fund Industry Commentary August 2011: Credit Downgrade Further Supports Commodities
New York (HedgeCo.net) – The Dow Jones-UBS Commodity Index ended up 0.99% for the month of August after investors on both sides of the pond looked to commodities as a safe haven for funds. Perpetuating the activity was the fact […]
Quant Hedge Fund Start-Up Has Assets Frozen
New York (HedgeCo.net) – The SEC has accused Belal K. Faruki and Neural Markets LLC., and relief defendants Evolution Quantitative 1X Fund and Evolution Quantitative 1X LLC., of misrepresenting their startup hedge fund. A federal judge has frozen all the manager’s hedge […]
Sale of Mets to hedge fund manager falls through
Los Angeles Times – The sale of a minority stake in the cash-strapped New York Mets to hedge fund manager David Einhorn for $200 million has fallen through. The sides were unable to complete the deal after months of negotiations, the team […]
Hedge fund ‘clones’ outperform the real thing
CNBC – A hedge fund replication exchange-traded fund , designed to mimic the performance and exposure of the hedge fund industry, was one of the more resilient investments in August, outperforming broader markets-including hedge funds. Index IQ`s flagship ETF, the IQ […]