Yearly Archives: 2010
Galaxy Launches UCITS III Hong Kong Hedge Fund
New York (HedgeCo.net) – Hong Kong hedge fund manager Galaxy Asset Management Ltd, is launching a UCITS version of its Galaxy China Opportunities Fund. Merchant Capital Ltd., a UCITS III platform provider, is partnering with Galaxy on the launch. Subject […]
Demands From Institutional Investors Seen as Transforming Alternative Investment Industry
New York (Study) – The majority of institutional investors intend to increase their allocations to alternative investments over the next three years, carrying far greater influence over the shape of the industry as a result, concludes a KPMG International study […]
‘Black Swan’ hedge funds gain in turbulent May
Reuters – European hedge funds betting on the fallout from unforeseen events were among a small band of winners in a stormy May for investors, and they predict things could get worse rather than better over the next three months. […]
Ucits regulations pose challenge for hedge fund strategies
Hedge Fund Review Magazine – Despite the move to more highly regulated and prescribed funds by some hedge funds, a some pension funds and similar institutional investors remain reluctant to invest in these products. There is talk among some hedge […]
Basis Cap hedge fund sues Goldman Sachs
Trading Room – Australian hedge fund Basis Capital is suing Goldman Sachs, alleging the US investment banking giant forced one of its funds into insolvency by encouraging it to take up a “shitty deal”. Basis Capital’s Yield Alpha Fund (BYAFM) […]
Senate Seeks To Close Hedge Funds Tax Loophole
NPR – The Senate is considering a bill this week aimed at creating jobs and extending some business and family tax breaks. Lawmakers have decided to pay for those provisions by partially closing a controversial tax loophole that has allowed […]
Ore Hill Redeems Itself With Man Group’s Help
WSJ – When the financial crisis hit in 2008 and investors scrambled for cash, many hedge funds limited redemptions, locking up billions of dollars when it was needed most. While this prevented forced selling at the bottom of the market, […]
GCI, Orix Open Computer-Driven Hedge Fund to Profit From Crisis
Bloomberg – GCI Asset Management Inc. and Orix Investment Corp. will start today a hedge fund using computer models to spot trends in futures prices and profit from market turmoil. The Orix Commodities Fund will open with initial capital of […]
GHF Cap on Gold Hedge Fund Subscriptions
New York (HedgeCo.net) – The massive worldwide demand for gold investment vehicles combined with return levels far above industry norms, GHF Group has seen this fund fully subscribed in a record period of time. An alternative product is currently being […]
Hedge Fund Launch: Bandon’s Hedged Equity Strategy
New York (HedgeCo.net) – Hedge fund manager Bandon Capital Management launched the Bandon Hedged Equity, a long-short equity strategy providing exposure to domestic equity markets while minimizing the effect of the directional movements of the market. The portfolio is constructed […]
Refining-Industry Group Opposes Senate Increase In Oil-Spill Liability Tax
Dow Jones -A key oil-refining-industry organization is opposing a provision in a Senate bill that would quintuple a federal tax specifically used by agencies to clean up oil spills because it would increase fuel costs for consumers. On Tuesday, the […]
Asia Hedge Funds Decline In May Amid Rocky Markets – Eurekahedge
Dow Jones -Hedge funds in Asia excluding Japan were down almost 5% in May from April, according to Singapore-based hedge fund tracker Eurekahedge, amid a spat of negative headlines and sudden dips in the region’s markets. The Eurekahedge Asia ex-Japan […]