Author Archives: the HedgeCo News Team
Qatar govt to buy investment shares from banks
Forbes – Qatar launched new measures to support its banking sector on Monday with the government saying it would purchase listed shares within banks’ investment portfolios, according to a statement by the Doha bourse. The news sent shares in Qatari […]
Singapore hedge fund Artradis hires RBS
HedgeCo.net – Artradis Fund Management, Singapore’s largest hedge fund manager, said on Monday it has hired David Dredge from Royal Bank of Scotland as managing director for portfolio management. Dredge was deputy global head of local markets at RBS as […]
Hedge Fund Assets Plunged to $1.8 Trillion in 2008
New York (HedgeCo.Net) – Hedge fund assets, which were once estimated to reach almost $3 trillion, finished the year at around $1.8 trillion, according to research conducted by London-based HedgeFund Intelligence. The report contends the fall in assets happened almost […]
Dummys View of the Global Crisis
Given the string of problems created by hedge funds, derivatives, investment funds, insurance companies, pension funds, mortgage securities and hairy bank loans over these few years, it is becoming increasingly apparent that high flying investment managers and financial whiz kids […]
CSX says $11M shareholder settlement approved
Forbes – CSX Corp. said a New York Federal Court has approved a settlement in which the railroad operator will be paid $11 million by two activist shareholder hedge funds over alleged securities law violations. CSX said late Friday it […]
A Graphical Look at Hedge Fund Leverage
Seeking Alpha – Britain’s Financial Services Authority (FSA) recently found that hedge fund leverage was nearly extinct (for now). In what is billed by the FT as the “only authoritative data on the opaque industry”, the FSA found that the […]
Middleman company tied to Madoff case
Tacoma News Tribune – Tucked among the hedge funds and the famous names on Bernard Madoff’s client roster is an unlikely group of about 800 people – strangers to one another, yet all listed at the same anonymous Denver address. […]
Hedge-Fund Destruction Is the Route to Salvation: David Reilly
Bloomberg – Like plenty of financial players, hedge funds are taking a beating. Many once-high-flying managers have been swamped by losses. Others have abandoned the business after discovering it wasn’t such an easy path to riches. Even some of the […]
Chief investment officer for pension fund resigns
San Diego Union Tribune – The county pension board’s chief investment officer has resigned a week after a second hedge fund collapse in which employee retirement investments could lose as much as $78 million. David Deutsch, who held the job […]
Majority of hedge fund AUM is institutional
Hedge Funds Review – A majority of all assets under management (AUM) by hedge funds and funds of hedge funds globally are from institutional investors, according to the Alternative Investment Management Association (AIMA). One third of the AUM comes from […]
Colorado Foundation’s Faith in Hedge Funds Unshaken Market Rout
Bloomberg – Christopher Bittman, head of the $1 billion University of Colorado Foundation, is committing more money to hedge funds even after the industry handed investors record losses last year. Bittman plans to add as much as $30 million to […]
Hedge funds increase punts against UK betting firms
Wealth Bulletin – In a wry turn of events, hedge funds have increased their bets against UK bookmakers six-fold, placing more money on falls in shares of companies which themselves profit from speculators punting on the wrong outcome. William Hill […]