Tag Archives: amp
NY fund makeover sneaks under radar
Pensions & Investments – While every move of the New York State Common Retirement Fund is in the spotlight these days, what the bright lights don’t reveal are the dramatic improvements in the fund during the past two years. An […]
Middle East investors’ share of hedge fund assets to rise 30%
Saudi Gazette – By end of 2013, Middle East investors will account for about $194 billion in hedge fund assets, or about 7.5 percent of total global hedge fund assets, a new global study of institutional investors, investment consultants and […]
Goldman Sachs Boosts Risk-Taking at Fastest Pace on Wall Street
Bloomberg – Goldman Sachs Group Inc., unbowed by the securities industry’s worst year since the Great Depression, increased its trading bets at the fastest rate on Wall Street. Goldman Sachs’s so-called value-at-risk, the amount the New York-based bank estimates it […]
The last, frantic days of Perot family hedge fund
Dallas Morning News – To bank employees monitoring the hedge fund’s collapse, the e-mailed instructions were emphatic. "No securities, or cash, FOR ANY REASON are allowed to be sent out from JP Morgan." At issue that morning last November were […]
Hedge fund ups stake in main Eircom shareholder
Independent – A New York-based hedge fund, run by former Goldman Sachs executives and family members of the Ziff Davis publishing dynasty, has become the biggest shareholder in Babcock & Brown Capital (BCM), Eircom’s main shareholder. Och-Ziff Capital Management now […]
UBS could sell hedge fund unit to management
Reuters Zurich – UBS AG is considering selling all or part of its hedge funds business Alternative & Quantitative Investments in a management buyout, a Swiss newspaper reported on Tuesday. Citing unnamed financial sources, the Neue Zuercher Zeitung said a […]
Bill Miller Not Dead Yet With Value Funds Burying Quants in ’09
Bloomberg – Companies with the most debt and lowest returns on assets are turning the biggest six-week rally in stocks since 1938 into a bloodbath for last year’s best- performing trading strategy. Investors in so-called quantitative momentum funds — which […]
CalPERS tightening its control over hedge funds
Pensions & Investments – CalPERS is boldly going where no pension fund has gone before with hedge funds. The $175 billion California Public Employees’ Retirement System, Sacramento, will be the first pension fund to move its $4.6 billion portfolio of […]
JP Morgan backs out of toxic assets plan
Mail Tribune – The Treasury Department on Thursday defended the viability of its $1 trillion plan to get soured mortgage investments off of banks’ books after JPMorgan Chase’s chief executive said the company won’t participate in the program. Some analysts […]
Hedge Fund Fiction Bought by Faber
West Palm Beach (HedgeCo.net) – A new book set set in the world of hedge funds ‘This Bleeding City’, set against the global financial collapse, has been bought by Faber editorial director Walter Donohue. It is 30-year-old City trader Alex […]
Australian Hedge Funds Post 2.1% Return in March on Share Rally
Bloomberg – Australian hedge funds returned an average 2.1 percent in March, beating the 1.3 percent profit of their global peers. The Australian Fund Monitors Index, which tracks the performance of more than 200 hedge funds managed from within the […]
