Monthly Archives: November 2012
Hedge Funds Cut Bets in Longest Retreat Since 2008: Commodities
Bloomberg – Hedge funds cut bullish commodity bets for a sixth straight week, the longest slump since the depths of the global recession four years ago, on mounting concern that economies are slowing. Money managers lowered combined net-long positions across 18 U.S. futures […]
Hedge Fund Peope: Morgan Creek Capital Management Expands Investment Team in Asia
Anand Prasanna will be joining Morgan Creek in December of 2012 as a Director on the global investment team; he will be based in the firm’s Shanghai office. As part of Morgan Creek’s Asia team, Mr. Prasanna will be covering […]
Hedge Fund Giant Man Sells Lehman Residuals
New York (HedgeCo.Net) – Hedge fund giant Man Group has decided to sell it’s residual exposure to the collapsed US investment bank Lehman Brothers that it acquired in July 2011 from certain GLG managed funds. The residuals are being sold for $456 million, UK […]
Hedge Fund Giant David Tepper Makes Bullish Moves
NASDAQ – Hedge fund billionaire David Tepper is one of the few investors that made money in both the market crash of 2009 and the recoveries in 2009. You would wonder how he can time the market. One thing he does the […]
Inflection Strategic Opportunities Fund Posts 14.59% Return for First Nine Months of 2012, Outperforming Benchmark Indices
Inflection Management Inc. today announced that the Inflection Strategic Opportunities Fund (the Fund) delivered a net return of 2.49% in September 2012 and 14.59% for the first nine months of 2012, outperforming the Fund’s benchmark indices for both periods. “Throughout […]
Hedge Fund Blackstone Buying $100 Million in Foreclosed Homes Every Week
FDL – Speaking of housing, we’re supposed to forget about the fact that the banks committed the largest consumer fraud in history and then paid the meager penalties for it with other people’s money, because we’re in a housing “recovery” now. […]
Regulator fears fraud from hedge-fund ad rules
MarketWatch – A commissioner on the Securities and Exchange Commission warned Thursday that allowing hedge funds to publicly advertise could lead to an increase in fraud. At issue is a U.S. Securities and Exchange Commission proposal introduced in August to […]
Are Hedge Funds Still Interested in Gold?
International Business Times – All three major U.S. equity indices are currently on a losing streak, but the price of gold has been relatively strong. The precious metal recently logged one of its strongest quarters in years, thanks to another […]
GAIM USA 2013 To Examine Hedge Fund Regulation Under Second Obama Term
Will the second Obama administration mean good times or bad for the hedge fund industry in 2013? How will investors be impacted? Will regulation move the markets? Will the JOBS Act be fully implemented? What next for Dodd-Frank? What changes […]
Hedge Fund Index Down 0.18% in October
New York (HedgeCo.Net) – The Dow Jones Credit Suisse Hedge Fund Index (the “Broad Index”) finished down 0.18% for the month of October. Performance for the Broad Index and its 10 sub-strategies is calculated monthly. The following funds were dropped from […]
Massachusetts hires Nierenberg to help oversee hedge fund picks
Reuters – Massachusetts’ state pension fund, which has invested roughly $5 billion in hedge funds, said on Wednesday that it hired a former money manager and current business school professor to oversee these types of investments. Eric Nierenberg, who earned […]