Yearly Archives: 2007
Man Group Stock Falls as Investors Shun Fund Managers
Bloomberg- Shares of Man Group Plc, the world’s largest publicly traded hedge fund company, posted their biggest two-day drop ever as investors shunned companies that rely on stock markets. Shareholders are pulling money out of fund managers as subprime mortgage […]
Hedge Funds Aren’t Worried
Wall Street Journal- The private-equity firm paid $3.7 million for lobbying in the first half of this year — 15 times what it paid in all of last year. About half represents bills owed from 2006, representatives say. Democrats weigh […]
Japan’s watchdog set to curb hedge funds
Financial Times- Japan’s financial regulator, the Securities and Exchange Surveillance Commission, is concerned thatthe growing influence of hedge funds is encouraging insider trading and undermining the integrity of the country’s stock markets. “We believe there is [a] risk . . .that hedge fund […]
Fabien Pictet takes on Asia hedge fund
Reuters- Emerging markets fund firm Fabien Pictet & Partners said on Thursday it had taken over management of an Asia ex-Japan focused hedge fund from Jade Absolute Fund Managers after its fundmanager retired. The portfolio, currently less than $10 million […]
Big Liquidation Triggers Hedge Fund Turmoil
San Fransisco (MarketWatch) – The liquidation of a big hedge fund or investment bank trading portfolio is causing havoc in some parts of the hedge fund business, according tomanagers and investors. Black Mesa Capital, a hedge fund firm that uses […]
AIG’s Profit Rises 34% on Buyout, Hedge Fund Returns
Bloomberg- American International Group Inc., the world’s largest insurer, said second-quarter profit rose 34 percent on higher income from private equity and hedge fund investments. The company saidit’s “very comfortable” with its position as the U.S. subprime mortgage market deteriorates. […]
Hedge Funds July Performance
West Palm Beach (HedgeCo.Net)- According to a report from Chicago-based Hedge Fund Research Inc., hedge funds globally returned 0.49% in July. The gain, based on a sample of managers among the 6,500 surveyed, brought the average 2007 advance to 8%. […]
All Business Schools Launch Finance Career Resource Guide
West Palm Beach (HedgeCo.Net)- With investment banking giant UBS forecasting the world economy to grow about 3.5 percent each year and rapid proliferation of multi-billion dollar hedge funds and private equity funds, All Business Schools announced the launch of it […]
Hedge funds hit critical list worldwide
MSNBC- Hedge funds globally suffered their second-worst week in four years during the final full trading week of July as continuing concerns about the spread of US credit problems took their toll on performance. The Hedge Fund Research index of […]
Hedge Fund Bankruptcy Alarm
Cayman Net News- The failure of two Cayman Islands-based hedge funds, which is estimated at US$4 billion in losses, could have severe repercussions on the offshore banking industry in the Cayman Islands, according to experts in the sector. US financial […]
Harry Potter meets hedge funds
FT Alphaville- The world of hedge fund replication has in the past left us a little flummoxed. But having ploughed through the seventh instalment of Harry Potter on the day of its release,we’re pretty darn confident we can take on […]
Goldman Sachs denies selling Alpha hedge fund
Jamaica Gleaner – Goldman Sachs yesterday denied market talk that it was liquidating its Global Alpha hedge fund, amid a report that the fund had fallen 12 per cent in two weeks. Earlier, several traders said there was persistent market […]