Yearly Archives: 2010
Insight into January Hedge Fund Performance
New York (HedgeCo.net) – January was a positive month for Fixed Income Arbitrage, with most strategies generating positive performance amid a fall in risky assets in the second half of the month, according to new Credit Suisse/Tremont report. Event Driven […]
Lampert Bets Sears Brands to Win Bigger for His Hedge Fund
BNET – So now America has one less reason to go to Sears (SHLD), and maybe one more reason to try to get into Eddie Lampert’s ESL Hedge Fund. Sears has struck an agreement that will make its exclusive Craftsman […]
UCITS 3 Hedge Funds Index Launch
New York (HedgeCo.net) – Geneva based hedge fund advisory company, NARA Capital, announced plans to release its UCITS Alternative Index to the public. A series of indices aims to track the performance UCITS hedge funds and funds of funds. ”NARA […]
FSA Wins Appeal in Document Case Over Amro International Fund
Business Week – The British financial regulator won a court appeal giving it the power to force a Panama distressed-debt fund to turn over documents as part of a U.S. investigation into illegal short-selling. The U.K. Financial Services Authority had […]
FSA’s hedge fund study should ease fear
Times Online – Supporters of the proposed EU crackdown on hedge funds and private equity firms admit that they played little role in causing the last crisis. But what about the next one? They should be reassured by a survey […]
Citi in Talks to Sell Hedge-Fund Business
WSJ – Citigroup Inc. is in talks to sell a hedge-fund business with about $4 billion in assets as the bank company continues to whittle down a $547 billion pool of assets marked for sale, according to people familiar with […]
Hedge funds to invest more in troubled cos-survey
Reuters – Hedge funds will increase their investments in distressed debt and equity this year and expect to make more money doing it, the Reuters HedgeWorld & Dykema 2010 Insolvency Outlook Survey found. The most attractive areas for distressed investing […]
Study: Market Breadth Points To Hedge Fund Performance
New York (HedgeCo.net) – Hedge fund consultant Hennessee Group LLC conducted a study examining the correlation between the breadth of equity market moves and the performance of long/short equity hedge funds relative to traditional indices. Through this study, the Hennessee […]
Hedge Funds Stuff Pockets With Citi
TickerSpy – Some of the world’s most prominent investors were adding to Citigroup (C) positions during the fourth quarter. After distressed shares of Citigroup helped David Tepper deliver investors gains in excess of 100% during 2009, few would have been surprised […]
Credit Suisse Launches Hedge Fund ETN (CSLS)
ETFdb – Credit Suisse, one of the world’s largest financial services providers, announced Monday the launch of the Credit Suisse Long/Short Liquid Index (Net) ETN, a product designed to correlate to the performance of the Credit Suisse Tremont Long/Short Equity […]
Billionaire Buys Signal Hedge Funds Bullish on Economy
Bloomberg – Some high-profile fund managers were picking up energy and airline names during Q4, and Bloomberg sees the buys as a bullish indicator for economic acceleration. Back in November, when Berkshire Hathaway announced the outright purchase of railroad Burlington […]