Author Archives: the HedgeCo News Team
Wisdom of Japan Hedge Fund Returns 2% on Taiyo Yuden, Nipponkoa
Bloomberg – Tadashi Mukai, returning to run his own his hedge fund after being the nation’s top performer in 2007, posted a 2.1 percent gain in March for his Wisdom of Japan Fund by betting on rising and falling stock […]
Hedge Funds Get Earful From Clients About Fees, Withdrawals
Bloomberg – Two years ago, German investment adviser Dieter Kaiser had to board a plane bound for New York to speak with senior U.S. hedge-fund executives. These days, those same managers visit Kaiser, the director of investment management for Feri […]
TCI Has $1.2 Billion of Japan Short Positions, Sells Toshiba
Bloomberg – The Children’s Investment Fund Management UK LLP, a $9.5 billion London-based hedge fund, has about $1.2 billion of short positions in Japanese stocks including Toshiba Corp., according to exchange filings. The fund, better known as TCI, has shorted […]
US firm launches hedge fund rep ETF
Financial Standard – US investors can now access a liquid and transparent hedge fund replication strategy after IndexIQ launched the IQ Hedge Multi-Strategy Tracker ETF on the New York Stock Exchange. The New York based firm’s exchange traded fund (ETF) […]
SecondMarket Opens Trading of Mortgage-Backed Securities, Whole Loans and Collateralized Debt Obligations
NEW YORK, N.Y. – SecondMarket, the largest marketplace for illiquid assets, announced today that it has launched markets for mortgage-backed securities (MBS), whole loans, and collateralized debt obligations (CDO). Through SecondMarket, buyers and sellers are able to trade these assets […]
UPDATE 1-Pamplona buys bankrupt auto supplier TMD Friction
Reuters – TMD Friction, a bankrupt German maker of brake pads for the auto industry, has been bought by private equity firm Pamplona Capital Management, TMD said on Friday. Both sides declined to comment on the sale price. The acquisition […]
Leaders at G20 Vow to Restore International Markets, Keep a Closer Watch on Hedge Funds
New York (HedgeCo.Net) – Hedge funds can expect to be kept on a tighter leash in the near future, as leaders from all over the world met at the G20 summit in London to discuss the next steps towards remedying […]
Update – Hedge Fund Manager Capitalises On Mispriced Asian Performing Debt
West Palm Beach (HedgeCo.net) – Singapore hedge fund manager, 3 Degrees Asset Management, is launching ADF Prime Ltd, a credit opportunities fund that will invest primarily in the performing debt obligations of Asian companies that have been mispriced as a […]
Darling Predicts Agreement on Hedge Funds, IMF at G-20 Summit
Bloomberg – The Group of 20 leaders will agree on new rules to rein in hedge funds and may more than double the resources of the International Monetary Fund, U.K. Chancellor of the Exchequer Alistair Darling said. “There is a […]