Yearly Archives: 2010
Hedge fund experts see investment opportunities in Asia
SINGAPORE : Hedge fund experts said the current period of economic uncertainty could present good investment opportunities in Asia. They pointed out that Asia will continue to be a hotbed for the hot money flows – especially now that the […]
Conifer Hires Hedge Fund Research Company Elkins/McSherry
New York (HedgeCo.net) – Global hedge fund accounting and administration company, Conifer Securities, has appointed research firm Elkins/McSherry, LLC, a wholly-owned subsidiary of State Street Corp., to provide trade cost analysis. “Conifer is dedicated to providing our clients with the […]
European Parliament approves EU hedge fund rules
Reuters – The European Parliament approved new rules on Thursday to regulate managers of hedge funds and private equity groups from 2013, ending long and bitter negotiations over how tough the new regime should be. The bloc’s assembly overwhelmingly backed […]
NY rabbi convicted of extorting Conn. hedge fund
WSJ – A prominent Brooklyn rabbi has been convicted in a scheme to extort a Connecticut-based hedge fund into paying millions of dollars to two schools. Rabbi Milton Balkany was found guilty in Manhattan federal court Wednesday of extortion, blackmail, […]
Hedge fund regulation net closing in on property-BPF
Reuters – Property companies must act fast to escape spiralling costs and losses caused by legislation designed to curb excessive risk-taking in the investment management industry, the British Property Federation warned. Investors ranging from blue chip landlords to modest family […]
Former Credit Suisse Proprietary Trader Chan Said to Plan Macro Hedge Fund
Bloomberg – Charlie Chan, a former Credit Suisse Group AG proprietary trader, plans to set up an Asia-focused macro hedge fund in the first quarter of next year, said three people with knowledge of the matter. Singapore-based Chan, who was the […]
Hedge Fund Research: Investors expect greater transparency
New York (HedgeCo.net) – The global hedge fund industry has largely rebounded from the financial crisis and is responding readily to investor requests for greater transparency, according to a new report published today by Ernst & Young. Investors expect greater […]
Hedge Funds Assets Reach Highest Since October 2008
Bloomberg – Hedge-funds assets exceeded $1.6 trillion, reaching the highest in more than two years, as managers returned 2.3 percent last month helped by gains in global markets, according to Eurekahedge Pte. Hedge funds posted positive returns for the fourth […]
Hedge fund performance boosted by strong October returns
Hedge Funds Review – The Eurekahedge Hedge Fund Index gained 2.26% in October, bringing the year-to-date (YTD) returns to 7.31% compared with global equity returns in the S&P 500 Total Return (+3.80%), MSCI World Equity (+3.65%), and FTSE 100 (+2.28%) equity […]
Hedge funds forced to drop their fees in wake of meltdown
City AM – Investors are enjoying more negotiating power than ever before when it comes to investing in hedge funds, putting increasing pressure on managers to lower fees and offer greater liquidity in the wake of the credit crisis, a […]
Hedge Fund Manager Tepper Tells You His Secret: Follow the Government
CNBC – How did David Tepper get a 132 percent return on his portfolio last year? He just jumped behind the federal government and bought bank stocks — after the government published plans to support the financial sector.”‘It was easy,’ […]