Yearly Archives: 2010
Hedge Fund Launches: Direxion’s Multiple ETF Shares
New York (HedgeCo.net) – Alternative investment manager Direxion has launched four new Direxion Shares Daily 2x ETFs to its existing lineup of multi-directional, leveraged funds. This brings the total number of leveraged ETFs offered by Direxion to thirty-eight. The new […]
UCITS Hedge Funds Start Comeback
New York (HedgeCo.net) – The UCITS Hedge Fund Strategy (HFS) Index gained 0,41% in the second week of trading in July 2010, but is still down by -0,05% month to date (by business day 10, July 14th 2010). Out of […]
Hedge funds return tepid in first half
Pensions & Investments – Hedge fund returns for the first half of 2010 were uninspiring, hovering between flat and slightly negative for the major hedge fund indexes. But the returns were vastly better than the -6.64% of the S&P 500 […]
Higher education fund buys gold over economic worries
Houston Chronicle – Fearing unstable international financial markets and the possibility of high inflation, Texas’ higher education investment managers have bought more than $500 million in gold. The gold purchases represent only 3 percent of the University of Texas Investment […]
KKR Joins Blackstone in Stock Market Disillusioned With Buyouts
Business Week – KKR & Co., the firm that made its name in the biggest leveraged buyouts, may find that private equity is its biggest stumbling block in winning over public investors when it debuts in its hometown of New […]
Salus Alpha Bets on Zinc, Sugar, Cattle on Demand, Prock Says
Bloomberg – Salus Alpha Commodity Arbitrage Strategy is placing bets on zinc, sugar and live cattle on expectations that strengthening demand will outstrip supply, the fund’s chief executive officer Oliver Prock said. Prices of zinc and sugar, ranked the worst […]
Deutsche Bank Options Trader Saiers Joins Alphabet Hedge Fund
Bloomberg – Nelson Saiers, a managing director for proprietary derivatives trading at Deutsche Bank AG, left Germany’s biggest lender to work for Alphabet Management LLC, a hedge fund that specializes in options. Saiers joined New York-based Alphabet this week, according […]
How To Get A Job At A Hedge Fund
Forbes – Many hedge funds were battered by the recession, but they still hold a powerful allure. Mysterious and secretive, they dangle the possibility of enormous paydays and a work environment populated by intense math geniuses who dwell in giant […]
Hedge funds turn to artificial intelligence for market decisions
WSJ – It’s man versus machine on Wall Street as hedge funds turn to artificial intelligence to determine the best investment plays. Wall Street is notorious for not learning from its mistakes. Maybe machines can do better, or at least […]
Hedge Fund Survey Finds Bear Market Sentiment Is Back
New York (HedgeCo.net) – Investors have turned bearish in their outlook for the global economy and corporate earnings, according to the BofA Merrill Lynch Survey of Fund Managers for July. The survey shows a net 12 percent of respondents predicting […]
Hedge-Fund Returns Decline in 2010 Amid Europe Crisis
Bloomberg – Hedge funds fell in the first half of the year amid concerns that the sovereign debt crisis in Europe may hamper a global economic recovery. The Eurekahedge Hedge Fund Index, which measures the performance of more than 2,000 […]
Best Terms? It Helps to Be a Hedge Fund
WSJ – A new quarterly survey of lending by the Federal Reserve found that hedge funds and private-equity funds are getting better terms from lenders and that big banks have loosened lending standards generally in recent months. The survey, called […]