Author Archives: the HedgeCo News Team
Currency shakeout to benefit hedge funds
Reuters UK – Recent sharp moves in global currencies are the start of longer trends set to produce strong money-making opportunities for trend-following hedge strategies, according to Insch Capital Chief Executive Chris Cruden. Cruden, whose Insch Interbank Currency Program is […]
Hedge Funds: 2008’s Winners and Losers
Seeking Alpha – Hedge funds often try to offset potential losses in the principal markets they invest in by hedging their investments using a wide variety of techniques. For this very reason, many of them rarely disclose any of their […]
What Makes Me Bearish? Hedge Fund Sales on the Horizon
Seeking Alpha – Investors pulled at least $43bn from U.S. hedge funds in September as market turmoil led to unprecedented withdrawals, an analysis by a leading research house shows. The data from TrimTabs Investment Research – which was to be […]
Fortress fighting to keep two of its companies afloat
FT – Reuters – Fortress Investment Group LLC, one of the few publicly traded managers of private equity and hedge funds, is taking action to keep two of its companies afloat, the Financial Times said, quoting people familiar with the […]
Morgan Stanley’s Mack Says Some Hedge Funds May Fail
Bloomberg – Morgan Stanley Chief Executive Officer John Mack said tumbling markets may drive some hedge funds out of business, prompting his firm to “resize.” “Friends in that community say that by year-end, you’ll see the number of firms in the […]
Hedge funds turn in September to forget
Globe and Mail – Canadian hedge funds posted a brutal 11.2 per cent decline in September, losses that are likely to leave many investors questioning this expensive alternative asset strategy. The latest installment of the Scotia Capital Canadian Hedge Fund Performance […]
Hedge-Fund Clients Pulled $43 Billion Last Month, TrimTabs Says
Bloomberg – Investors withdrew a record $43 billion from hedge funds in September as they fled distressed-securities and stock funds because of poor performance, TrimTabs Investment Research said today. The estimated outflows were the most since TrimTabs started tracking the […]
Bankers take a billhook to the hedge funds
Times Online – Hedge fund managers are paranoid. And they are right to be. The other day I had lunch with a senior financial official whose view of hedge funds was simple. “They were a con. The returns were all […]
Gradient close to collapse as hedge funds feel heat
Telegraph.co.uk – The City-based European equity fund, which had $2.5bn under management at its peak, is now down over 63pc so far this year, leaving investors fearful it will be forced to close. The “blow-up” is a mighty fall for […]
Paulson To Hedge Funds “No Soup For You”
In an interview on Bloomberg TV, Treasury Secretary Henry Paulson, when asked whether hedge funds might be eligible for the U.S. plan injecting capital into financial companies he said, "the program right now is for banks and thrifts." On Monday, […]
Andrew Lahde’s Farewell Letter
Today I write not to gloat. Given the pain that nearly everyone is experiencing, that would beentirely inappropriate. Nor am I writing to make further predictions, as most of my forecasts inprevious letters have unfolded or are in the process […]
‘Armageddon’ Loan, Bond Prices Keep Debt Investors on Sidelines
Bloomberg – Credit markets have fallen so far that they are providing a "once in a lifetime opportunity," and investors are still selling. Prices of loans rated below investment grade declined to a record low 66.1 cents on the dollar, […]