Yearly Archives: 2008
Two New Long/Short Hedge Funds to be Launched
West Palm Beach (HedgeCo.Net) – Pacific Ocean Capital of Singapore has just announced the launch of their new fund, Asia Telecom. CIO Tom Fuller will take the reigns of the multi-asset fund and will focus on long/short strategies with a […]
Darling Urged to Reconsider Tax Plans for Non-Doms
West Palm Beach (HedgeCo.Net) – Shortly after Alistair Darling outlined his plans to increase taxes on non-domiciled UK residents, the Alternative Investment Management Association is urging him to reconsider. A non-domiciled resident is a foreigner living and working in the […]
Credit crunch fuels investor thirst for art and wine
LONDON (Reuters) – Rollercoaster markets may have cooled investor appetites for shares or property, but interest in offbeat investments is booming as a growing number of art and wine funds compete to combine passion with high returns. Downturns typically mean […]
Hedge Fund Road Show Launch
West Palm Beach (HedgeCo.Net)- Oxford Funding Corporation announced that the company launched the road show this week for its hedge fund, the Oxford Opportunistic Mortgage Fund. The hedge fund’s strategy is to hold, modify if necessary, and liquidate the mortgage assets […]
Krone Is World Beater With Norway Oil Rates
Bloomberg- Foreign-exchange traders searching for refuge from mounting losses in the credit market are heading to Norway. The krone is luring speculators attracted to the highest interest rates in five years and a trade surplus that is bigger than any […]
Muni hedge funds hit by margin calls, Pimco says
SAN FRANCISCO (MarketWatch) Hedge funds that trade municipal bonds have been hit by margin calls in recent days and some are having to sell positions to meet those obligations, according to a leading investor in the market. Problems with bond […]
Hubris returns to haunt hedge funds
Financial News Online US- A few years ago, this column wrote about problems at the little known but ambitious US hedge fund Hubris Capital Management LLC and the strong performance of its flagship funds Nemesis and Icarus. While the firm […]
HedgeCo.Net and IFA Create Alliance to Give Clients Unrestricted Access
West Palm beach, FL (PRWEB) March 27, 2008 — HedgeCo LLC, an elite name in the hedge fund service industry, announced today a strategic relationship with International Financial Administration US LLC. This alliance will offer clients of IFA the use […]
Lenders seize failing hedge fund Peloton
Reuters – Several lenders have taken control of failing hedge fund Peloton Partners’ assets, one day after the fund said it was liquidating one of its portfolios, a person familiar with the situation said on Friday. Some banks are taking […]
Robeco Investment Management Exits U.S. Fixed Income Business
New York, February 29, 2008 – Robeco Investment Management (RIM) announced today that it is exiting its U.S. fixed income business. As a result, the firm has entered into a definitive agreement with Morgan Stanley Investment Management (MSIM) through which […]
Oil hits record, lifts gold, palm to new highs
Guardian Unlimited- Oil surged to a record high above $103 on Friday as supply disruption fears and the dollar’s fall to three-year lows against the yen prompted funds to pile into commodities, lifting gold and palm oil to historic highs. […]
Peloton to liquidate $2bn hedge fund
The Australian- PELOTON Partners, the hedge fund founded in 2006 by Ron Beller, a former Goldman Sachs partner, has told investors it is being forced to liquidate a $US2 billion ($2.1 billion) fund of asset-backed securities.Beginning the liquidation process for […]