Monthly Archives: November 2009
ETF Aims To Be Hedge Fund For The Masses
WSJ – A new exchange-traded fund promises to mimic hedge-fund strategies in an easily traded and lower-fee vehicle, but investors may want to see how this second-generation ETF fares in the real world before rushing in. IQ ARB Merger Arbitrage […]
Hedge Funds To See Positive ‘December Effect’
New York (HedgeCo.net) – Hedge funds and equity markets are likely to continue their momentum heading into the end of the year and lead to additional gains for investors during the month of December, hedge fund advisor Hennessee Group LLC, […]
2009 ICFA Hedge Fund Awards
New York (HedgeCo.net) The winners of the 2009 International Custody and Fund Administration (ICFA) Awards were announced on 25th November, 2009 at Grosvenor House, London. Point Nine, hedge fund middle and back office services won the award for Most Innovative […]
Arab Emirates Move to Limit Crisis in Dubai
The New York Times – Trying to prevent a run on its banks, and financial turmoil that some fear could spread globally, the United Arab Emirates helped calm financial markets Monday with its pledge to lend money to banks operating […]
Aberdeen Upbeat As Sales, Fund Performance Improve
WSJ – Aberdeen Asset Management PLC (ADN.LN) Monday said it is winning new business and is in a good position to expand further, after reporting a sharp rise in the assets it manages to GBP146.2 billion, mainly from its acquisition […]
Hedge Funds Post Topsy-Turvy Results
WSJ – Hedge funds are poised to register their best investment returns for a decade, staging a remarkable turnaround as some of last year’s worst-performing funds leap to the top of the tables. Figures published by data provider Hedge Fund […]
Hedge Funds Buying as Individuals Sell in Bull Signal
Bloomberg – Hedge funds are shoveling money into stocks as individuals exit at the fastest rate in a year, a sign to professional investors that the Standard & Poor’s 500 Index is poised to extend its gains. About $37.3 billion […]
Dubai World Defaults on Debt
Economy Watch – Dubai has just announced that it will ask for a six months ‘standstill’ in debt repayments for stated-owned holding company Dubai World, “as a first step towards restructuring”. Dubai World has $59 billion in outstanding debt, a […]
FINRA Fines Mini-Prime for Soft Dollar Practices
New York (HedgeCo.net) – The Financial Industry Regulatory Authority, which oversees broker-dealers, sanctioned and fined Terra Nova Financial, a mini-prime broker, and some of its employees for making improper soft dollar payments on behalf of hedge fund managers. FINRA found […]
Neuberger Berman Says It’s Considering Seeding Asia Hedge Funds
Bloomberg – Neuberger Berman Group LLC, the money manager that bought itself out of Lehman Brothers Holdings Inc., is considering providing startup capital to hedge-fund managers in Asia for the first time as it expands in the region. Its fund-of-hedge-funds […]
Stakeholders seek wider choice from pension fund
Reuters – A potential 150 billion pounds fund covering British workers without pensions from 2012 should invest in alternative assets like property and hedge funds, a consultation of future stakeholders showed on Wednesday. Private equity and commodities should also be […]
Hedge fund lawyer runs for Congress, anti-big banks
Reuters – Hedge funds are far from popular, but one lawyer thinks Pennsylvania voters will support his calls for banning corporate bailouts, putting an end to “too big to fail” and taking the bulls-eye off fund managers. Christopher Paige, 38, […]
