Author Archives: the HedgeCo News Team
Buffetted `Quants` Are Still In Demand
Javno – Last week, New York University and Carnegie Mellon sent a new class of math whizzes out into a profession that is both blamed for the financial collapse and charged with preventing it happening again. Many of these so-called […]
HFR & CCN Report 693 Liquidated Hedge Funds this year
West Palm Beach (HedgeCo.net) – Chicago-based information company Hedge Fund Research (HFR), said the number of hedge funds liquidated in the third quarter rose to 344, which is more than three times the 105 liquidations in the third quarter of 2007. […]
Shadowy hedges may be down, but are they really out?
This is Money – After the banks, talk was that hedge funds would be next. The prediction has proved correct – but not in a way anyone imagined. It was always supposed that as the recession deepened, hedge funds would […]
NZARA Hedge Fund Return Index Surges
West Palm Beach (HedgeCo.net) – The Ernst and Young New Zealand Absolute Return index surged to a new high in November 2008, gaining +1.502% for the month, putting year-to-date performance at +17.597%, and year-on-year performance at +21.104%. As with October, it […]
Not All Hedge Fund Strategies Stink This Year
Wall Street Journal Blogs – Although losses and redemptions are drastically shrinking the entire hedge fund world, global macro funds are garnering more interest because of their stronger returns and easy availability of liquidity. Global macro funds — which make […]
13F Strategy vs. Allocating to Hedge Funds: Benefits and Drawbacks –
Seeking Alpha – To summarize some of the differences in managing a portfolio based on 13F filings versus allocating an investment to a hedge fund manager, the following list is helpful. Access– Many of the best hedge funds are not […]
Mass. investor saw inside Madoff scam
The Associated Press – His repeated warnings that Wall Street money manager Bernard Madoff was running a giant Ponzi scheme have cast Harry Markopolos as an unheeded prophet. But people who know or worked with Markopolos say it wasn’t prescience […]
The end of the hedge fund?
For sheer toe-curling embarrassment, it may be a while before Wall Street does better than the Bernard Madoff scandal. Here was a rogue who practically telegraphed his unreliability by hiring a tiny, no-name audit firm, by reporting monthly … Read […]
Madoff Task Force hits funds to retrieve billions
This is Money – Nicola Horlick’s Bramdean, Arkie Busson’s EIM and Man Group were today named as potential targets of legal action in the Bernie Madoff $50bn (£32bn) Ponzi scandal. A leading New York law firm specialising in complex financial […]
The Altman Group Wins 3rd Consecutive TOPS Award as “Best Proxy Solicitor,” Again Beating Industry Powerhouses
MSNBC – In a business historically controlled by a small number of dominant players, The Altman Group, Inc., once again proved that outstanding client service remains the true test of what clients are looking for, by winning its third consecutive […]
Hedge Funds to Stem Losses in 2009, GFIA’s Peter Douglas Says
Bloomberg – Hedge funds, on course for the worst year on record, will stem losses in 2009 as managers of equity long-short funds and macro funds attract investors, Peter Douglas, principal of hedge-fund consulting firm GFIA Pte said. Managers of credit […]
NYC Man Charged With Insider Trading Scam
New York (HedgeCo.Net) – Former Lehman salesman Matthew Devlin was charged on Thursday with participating in an insider trading scheme, after the New York City resident tipped off friends about 13 soon-to-be mergers. According to the complaint, Devlin got the […]