Yearly Archives: 2010
Swiss fund assets down as investors flee equities
Reuters – Swiss mutual fund assets fell for the first time in half a year in May as the euro zone debt crisis impelled investors to pull money from equities and seek safety in gold and bonds, Lipper data show. […]
Hedge Fund Manager Irwin Sees Value in Resources, Gene Simmons
Bloomberg – Hedge-fund manager Warren Irwin isn’t fussy when it comes to finding growth opportunities for his Rosseau LP, which has the best five-year return among 80 funds in its class worldwide, according to BarclayHedge Ltd. Irwin has invested in […]
May losses cloud hedge fund summit in sunny Monaco
Reuters – The European hedge fund industry’s top brass meet in glitzy Monaco this week for their annual summit, after a turbulent May that has taken some of the shine off an industry recovering from its worst ever crisis. Executives […]
E.U. Said to Consider Hedge-Fund Compromise
NYT – The European Commission has tabled a suggested compromise on recent moves to ramp up regulation of hedge funds operating in the European Union, The Wall Street Journal reported, citing European officials familiar with the matter. The proposed plan […]
People Moves: Dechert to Establish Irish Hedge funds Practice
New York (Hedgeco.net) – Dechert LLP is opening an office in Dublin, making it one of only a handful of international law firms to establish a presence in Ireland and the first major onshore transatlantic funds practice to do so […]
Changes to the Regulatory Landscape for Hedge Funds
New York (HedgeCo.net) – Lawmakers are finalizing an extensive overhaul of financial mandates that are sure to alter the regulatory landscape for hedge funds. One likely change will be registration with the SEC, which brings a variety of new rules […]
Silverstone Capital’s flagship hedge funds deliver in May
New York (HedgeCo.net) – London-based hedge fund manager, Silverstone Capital’s flagship hedge fund delivered a gross return of +4.92% for the month of May, taking YTD gross performance to +5.31%, whilst the Monza Fund posted a gross return of +6.77% […]
Ex-Lehman Traders’ Fund Had Best Month by Shorting
Bloomberg – Omnix Multi-Strategy Fund, run by two former Lehman Brothers Holdings Inc. traders, returned 6 percent in May, when hedge funds globally posted the worst month since 2008, by placing more bearish than bullish bets. The Asia-Pacific-focused fund’s net-short […]
Hedge funds try new way to avoid big redemptions
MarketWatch – Many hedge funds are adopting a new way to avoid a repeat of the massive redemptions that crushed managers during the 2008 financial crisis. Some investors like the changes, while others don’t. So-called investor-level gates are popping up […]
Ex-SAC Capital President Brian Cohn Said to Open Hedge Fund
BusinessWeek – Brian Cohn, a former president of SAC Capital Advisors LLC, is planning to start his own hedge fund, according to two people with knowledge of the move. Archeroak Capital Management LP, based in Old Greenwich, Connecticut, is scheduled […]
Klarman Tops Griffin as Investors Hunt for ‘Margin of Safety’
Bloomberg – Seth Klarman almost doubled his hedge fund’s assets to $22 billion in the past two years as the industry shrank by sticking with the off-the-beaten-path investments he’s pursued since starting out in 1983. Unlike John Paulson, who made […]
The Markets Are Hostage to Hedge Funds
CNBC – The fundamentals do matter, Cramer said Thursday, but often times not as much as hedge funds. This was especially true today, as the Dow soared 273 points and the S&P 500 added a big 3%. Sure, the good […]