Yearly Archives: 2010
UCITS III Compliant Fund of Hedge Funds Launched By HSBC
New York (HedgeCo.net) – HSBC has launched a Sterling Class of its HSBC UCITS AdvantEdge fund of hedge funds. The Fund will comply with the new ‘reporting’ tax regime for offshore funds, allowing UK investors to be taxed at capital […]
Trio: $118m lost and the mystery deepens
The Sydney Morning Herald – The mystery shrouding the collapse of the hedge fund Trio Capital deepens, along with the fate of thousands of investors and the missing $118 million. On September 28, a couple of days before the authorities […]
Research comparing the performance of quantitative and qualitative hedge funds
GuruFocus – Recently I’ve been laying the groundwork for a quantitative approach to value investment. The rational is as follows: simple quantitative or statistical models outperform experts in a variety of disciplines, so why not investing in general, and why […]
Hedge fund experts predict more due diligence in 2010
New York (HedgeCo.net) – Experts predict greater market discipline from investors and an increased focus on due diligence by providers and custodians. Joel Press, Managing Director of Morgan Stanley’s Prime Brokerage Division; Todd Groome, non-Executive Chairman of the Alternative Investment […]
Truebeta Launches Hedge Fund Replication Model
New York (HedgeCo.net) – Independent, factor-based hedge fund replication service, TrueBeta, is launching a dynamic leverage model for hedge fund replication. The company says the application will improve it’s correlation to broad hedge fund performance. “TrueBeta is setting a benchmark […]
A Dozen Hedge Funds Plan Asia Offices, Merrill Says
BusinessWeek – Bank of America Merrill Lynch is helping more than a dozen multibillion dollar international hedge funds set up or reestablish a presence in Hong Kong and Singapore as the U.S. and Europe increase industry regulation. A number of […]
Baer platform to stir up funds secondary markets
Reuters – Swiss private bank Julius Baer is launching a new investment trading platform for unlisted funds that offers increased price transparency and could make it cheaper to buy or sell these products. Oliver Heusser, specialist in funds secondary market […]
N.Y. Pension Seeds Finisterre Emerging Markets Fund
Bloomberg – New York State Common Retirement Fund, the third-largest U.S. pension plan, invested $250 million in an emerging-market hedge fund run by Finisterre Capital LLP, as institutional managers seek to tap into growing economies. The $126 billion state pension […]
Regulatory change to entice offshore funds
FINANCIAL services professionals will have a say in regulatory changes designed to make Australia more attractive to foreign funds managers under proposals outlined today. The Australian Financial Centre Forum found today that although Australia’s funds management industry is one of […]
New SEC Unit To Cover Hedge Fund, P.E. Probes
The Securities and Exchange Commission is shaking up its enforcement division, establishing five priority areas, including one pointed directly at hedge funds and private equity firms. The agency, and in particular its enforcement arm, have taken a beating in the […]
Calpers Says Middlemen Received at Least $125 Million
Jan. 14 (Bloomberg) — The California Public Employees’ Retirement System, the largest U.S. public pension, said private investment firms paid at least $125 million to placement agents for help winning contracts to manage the fund’s money. The pension fund today […]
Hedge funds to favor BRIC not PIIGS in 2010: Lipper
ZURICH (Reuters) – The fast-growing BRIC group of economies will be back in favor in 2010 among emerging markets-focused hedge fund managers, who may shun European countries slammed by recession, an industry expert said. While strong growth is expected in […]