Yearly Archives: 2010
Optimism on U.S. Wanes as Growth Outlook Drops, Merrill Says
Bloomberg – Investors were the most bearish on U.S. stocks in at least four years as money manager scaled back their outlook for global growth and raised their cash holdings, a BofA Merrill Lynch Global Research survey showed. A net […]
Hedge Fund Launches – John Hancock’s Disciplined Value Mid Cap Fund
New York (HedgeCo.net) – Hedge fund manager John Hancock Funds has completed the adoption of the Robeco Boston Partners Mid Cap Value Fund and has launched it as the newly established John Hancock Disciplined Value Mid Cap Fund (JVMAX). “We’re […]
Former LTCM trader surfaces at London-based hedge fund
City AM – One of the survivors of Long-Term Capital Management (LTCM), the US hedge fund infamously bailed out by Wall Street in the late 1990s, has resurfaced at London-based Capula Investment Management. Ayman Hindy became a partner at Capula […]
Prime Custody: One way for hedge funds to protect against “being Lehmaned”
All About Alpha – You’d be excused if you felt confused about recent changes to the prime brokerage, custody and fund administration business. Goldman Sachs is working with BNY Mellon; Deutsche Bank has a new platform; Merrill Lynch heralds changes […]
Financial regulation bill nears finish line with support from Snowe, Brown
Washington Post – Two key Republicans said Monday that they plan to support a far-reaching bill to overhaul financial regulations, all but ensuring that the landmark legislation will sail through the Senate in coming days. GOP Sens. Olympia J. Snowe […]
Stark loses five partners, cuts fees to retain clients
JS Online – Stark Investments LP has told clients it will cut their fees if they agree to keep their money with the St. Francis hedge fund manager for another year. The offer follows news that five of Stark’s 15 […]
Hedge Fund Moves: LandColt Relocates Headquarters to Delaware
New York (HedgeCo.net) – Hedge fund trading firm LandColt Trading, LLC, has relocated from San Antonio, Texas to the financial megacity, Wilmington, Delaware. The move was completed on July 1, 2010. “After careful consideration and review of several east coast […]
Hedge Fund Performance Estimated at -0.88% in June
New York (HedgeCo.net) – Early estimates indicate the Dow Jones Credit Suisse Hedge Fund Index will experience negative performance in June, with a -0.88% decrease for the month (based on 77% of assets reporting). Some key highlights for the month […]
The flip-flop in Indian hedge fund story
International Business Times – No other hedge fund region in the world has seen such wild swings in fortunes as India over the last five years. At first there was nothing (before 2004 there were a handful of managers investing […]
Hedge funds cash in on uncertainty around European banks
Guardian – Hedge funds and other investors are preparing to profit from the latest chapter of the European sovereign debt crisis: the publication of the results of bank stress tests on 23 July. Investment banks have been compiling research notes […]
Rio Gains on Sao Paulo as Funds Seek ‘Sexiest’ Beaches, Batista
Bloomberg – Gartmore Investment Management Ltd.’s Christopher Palmer needed only a day in Rio de Janeiro to scout for investment opportunities while visiting Brazil six years ago. Now half a week in the city isn’t enough. A half a century […]
Hedge Funds Bull Oil Bets Fall to 15-Month Low: Energy Markets
Bloomberg – Hedge funds slashed bets that oil would rise last week to the lowest level in more than a year just before crude began its biggest advance since May. So-called long positions on the New York Mercantile Exchange dropped […]