Author Archives: the HedgeCo News Team
Russia Looks Gloomy due to Crisis
West Palm Beach (HedgeCo.net) – The Russian market continued to sell off in October as the global financial crisis continued to wreak havoc everywhere, according to the Pharos Russia Fund, October was the fifth consecutive month of losses for the RTS […]
Banks more leveraged than hedge funds: Man Group CEO
Reuters – British hedge fund manager Man Group Plc said on Tuesday banks were more highly geared than hedge funds and bank deleveraging had been the main driver of asset-price declines. "Hedge fund deleveraging has put pressure on asset prices as […]
Hedge Funds Lower Fees, Lengthen Lockups on New Bond Funds
Bloomberg – Artradis Fund Management Pte, RAB Capital Plc’s Northwest unit and Cannizaro (Hong Kong) Ltd. are cutting fees and locking up investors’ money for longer in new hedge funds that will buy bonds after prices fell in Asia. Merrill Lynch & […]
Rival Hedge Fund Avoids Steep Loses through Downside Protection Strategies
West Palm Beach (HedgeCo.net) Canadian hedge fund manager, Rival Capital Management launched the Rival North American Growth Fund and since 2007 it has gained more than 80 accredited investors and $15 million in assets under management (AUM). Headquartered in Winnipeg, […]
Iceland: The country that became a hedge fund
CNNMoney.com – On a gloomy morning in early August, more than a month before Wall Street and the world’s financial system seized up, a senior aide to Iceland’s Prime Minister paid a visit to the Russian embassy in Reykjavík to […]
Hedge Fund Tracking: Andreas Halvorsen’s Viking Global, Q3 2008
Seekingalpha.com This is the Third Quarter 2008 edition of our ongoing hedge fund tracking series. Next up, we have Andreas Halvorsen’s Viking Global. Andreas Halvorsen is one of the many ‘Tiger Cub’ fund managers we cover here on the blog. […]
Hedge Funds And The Early Buffett Partnership
istockAnalyst.com – Mutual funds and hedge funds are very similar. An investor puts $10,000 into a mutual fund or hedge fund, and the manager uses that $10,000—along with the rest of the fund’s capital—to buy and sell securities. Though often […]
Hedge fund Avenue Capital says now is time to buy
Forbes – Financial assets have become so cheap because of the credit crisis that now is a good time to scoop up bargains, the head of one of the world’s biggest hedge funds, Avenue Capital, said on Wednesday. ‘Now is […]
Hedge funds forced to adapt or die
International Herald Tribune – The mergers and acquisitions business is about to take a deep dive. For most of the financial crisis, it has remained surprisingly buoyant. This was partly because there was a lot of business to be done selling […]
Ramius To Wind Down Four Hedge Funds
New York (HedgeCo.Net) – New York City-based Ramius Capital will close four of its hedge funds that manage about $550 million in capital, the Wall Street Journal reports citing people familiar with the matter. The closing hedge funds are concentrated […]
Investors reject Centaurus restructure
FT Alphaville – Centaurus Capital is running down its flagship hedge fund after investors with the London activist failed to back an emergency restructuring. Centaurus, founded by former BNP Paribas traders Bernard Oppetit and Randy Freeman, will now repay the bulk of […]
Tudor’s BVI Hedge Fund Suspends Redemptions, Will Split in Two
New York (HedgeCo.Net) – Hedge Fund firm Tudor Investment Corp. has suspended investor redemptions from its $10 billion BVI Global unit until March 31st, giving the company time to split the fund into two. BVI Global was hit by a […]