Yearly Archives: 2010
Man Group profits fall as investors withdraw money
Telegraph – Clients withdrew a net $600m (£380m) over the past three months, with a $100m inflow from institutional investors offset by private investors departing. The net outflow represented an improvement on the previous quarter, the group said, but added […]
D.E. Shaw Said to Eliminate 10% of Workforce as Assets Decline
Bloomberg – D.E. Shaw & Co., the New York-based hedge-fund firm that lost investors after limiting withdrawals in 2008, fired about 150 employees, two people familiar with the cuts said yesterday. The dismissals represent about 10 percent of the workforce, […]
RAC pension redeems from only hedge fund
HFMweek – The £900m ($1.4bn) pension fund for UK breakdown company RAC is set to redeem its only hedge fund investment, HFMWeek has learned. The RAC (2003) Pension Scheme, which has around 2000 members, has been investing around 5% of […]
How money flows to hedge funds
Reuters – Why do American hedge funds make so much money? Macroeconomic Resilience reckons that most of it comes, ultimately, from the government: Just because hedge funds do not directly benefit from a state guarantee doesn’t mean that central bank […]
Hedge Fund Survey: How the Wealthy are Redefining Retirement
New York (HedgeCo.net) – Barclays Wealth reports that retirement is being rejected by a new breed of wealthy workers – the ‘Nevertirees’ – who want to carry on working for as long as they are able. The report, the 12th […]
Pension schemes increase allocation to hedge funds
EasierFinance – J.P. Morgan Asset Management has established that on average UK institutional investors are currently allocating 28% of their portfolios to alternative assets, an increase from 21% three years earlier. In its most recent survey of UK institutional investors […]
Indian Hedge Funds Outperform Indian Stock Index So Far This Year
Wall Street Journal – India-focused hedge funds have been among the better performers so far this year, but data provider HedgeFund.net said they underperformed India’s equities index long term because most are equity oriented with a long bias. “India focused […]
Marble Bar Said to Shut Asia Hedge Fund, Mulls Options for Singapore Team
Bloomberg – Marble Bar Asset Management LLP, the London-based hedge fund firm focused on Europe, has closed its Asia fund and is considering options for its team in Singapore, three people with knowledge of the matter said. The firm has […]
India Hedge Funds Beat Sensex but Investors Beware
The Wall Street journal – The troubles surrounding the Commonwealth Games in Delhi and the performance of India-focused hedge funds might seem to have no co-relation. But that didn’t stop a new report covering the funds to weigh in on […]
The Way We Pay For Fund Managers Is About To Change Drastically
The Business Insider – Hedge funds remain an appealing investment vehicle with the capacity to improve diversification and risk-adjusted returns for their investors. Suboptimal performance and unappealing historical comparisons of Fund of Funds have led investors to revisit the expensive […]
Man Group battles outflows, flagship fund rallies
Reuters – Man Group said clients pulled out assets for an eighth straight quarter, confounding hopes that a recovery in its flagship fund would help it follow the wider hedge fund industry and attract investors once again. Man, which is buying […]
