Yearly Archives: 2010

Rosseau LP Ranked No. 1 Event Driven Hedge Fund in the World over the past 5- and 10-year periods

Press Release – Rosseau Limited Partnership was ranked the # 1 Event Driven Hedge Fund globally by BarclayHedge for both the 5- and 10-year periods ending December 31, 2009 with average annual compound rates of return of 25.27% and 21.47%, […]

Citigroup Hedge Fund Investors Awarded 100% Return on Losses

New York (HedgeCo.net) – Investors in Citigroup’s fixed-income municipal arbitrage hedge fund have been awarded over $550,000 by the Financial Industry Regulatory Authority (FINRA). The Wall Street Journal reports that the MAT 3 Municipal Arbitrage Fund was “a risky investment […]

U.S. hedge funds lick wounds after May market mayhem

Reuters – Not much of anything worked for investors in May, including those known to be the savviest of the bunch. BP’s failure to stop oil from gushing into the Gulf of Mexico caused tumult in the commodities markets. U.S. […]

Hedge Fund Study Welcomes Robust Regulation Planned By EU

WSJ – New hedge fund research finds investors chase performance at all costs irrespective of the risks involved and that the introduction of strict regulation by the European Commission should be welcomed to protect investors and prevent systemic risk. The […]

Martin Currie boosts hedge fund activities

BBC – One of Scotland’s leading investment houses has expanded its hedge fund activities by acquiring a business with £190m under management. Edinburgh-based Martin Currie Investment Management said it had taken over equity trade specialists Sofaer Capital European. Read Complete […]

UCITS Funds of Hedge Funds Monitor Launched

New York (HedgeCo.net) –  Investment manager Northern Trust is enhancing its hedge fund monitor with a new compliance module designed to support the demands of Undertakings for Collective Investment in Transferable Securities (UCITS) funds of hedge funds. “Our latest hedge […]

People Moves: Insparo Expands MENA Hedge Fund Team

New York (HedgeCo.net) – UK-based limited liability investment group, Insparo Asset Management, has appointed Man Investments’ Emma Robinson as Investor Relations Manager to the Africa and Middle East Fund, which has returned over 45% since the start of 2009. The […]

Hedge Funds Post Biggest Monthly Losses Since Lehman Aftershock

Bloomberg – John Paulson, Louis Bacon and Andreas Halvorsen navigated the global market turmoil of 2008 with little or no damage. They weren’t as successful last month as the Dow Jones Industrial average had its worst May since 1940. Hedge […]

House Votes to Eliminate Hedge Fund Tax Break

NYT – The House passed a bill on Friday that would end a tax break for executives of investment funds, leaving hedge funds, private equity firms and venture capitalists scrambling to ease the effects of the bill before it is […]

Do Hedge Funds Have It Right on Bank Shares?

NYT Dealbook – Many are earning money, look well capitalized and have reported three consecutive quarters of declining loan losses. Yet the sell-off of the last six weeks has lopped up to a fifth off the value of large and […]

Hedge funds need tighter rules on risk

The Independent – Many hedge funds are so poorly run, have such volatile performance and high exposure to risk, that investors need greater protection from regulators, a study published today by the European School of Management & Technology concludes. The […]

Wall Street Cops get Tough

CNN – The government unveiled two high-profile cases of financial fraud Thursday as federal regulators look to crack down on Wall Street shenanigans. The Securities and Exchange Commission said Pequot Capital Management, a Connecticut-based hedge fund, agreed to pay $28 […]