Tag Archives: beta
Can hedge funds be synthetically replicated?
Morningstar – A new breed of clone funds seeks to capture "alternative beta." It wasn’t long ago that hedge funds were on the very cutting edge of finance. Their pitch was simple: they could deliver pure alpha , rather than […]
IndexIQ Launches Second Hedge Fund Replication ETF: MCRO
Seeking Alpha – The second hedge fund replication ETF from IndexIQ began trading on Tuesday (6/09/09). According to the press release, the IQ Hedge Macro Tracker ETF (MCRO) seeks to deliver risk-adjusted return characteristics similar to macro and emerging-market style […]
Rich pickings ahead for hedge fund survivors
Financial Times – It is becoming clear that the hedge fund universe is set to shrink. The most obvious casualties will be highly levered funds, in particular the strategies that cannot justify their fees without that level of leverage, such […]
When Rewards Outweigh Risks
Gold Seek – Risk has quickly regained its status as a four-letter word. No one wants to hear about it and no one wants to think about it. But those willing to take it on (pragmatically, mind you) will likely […]
I’m Shocked, Shocked: My Hedge Fund Didn’t Hedge!
Seeking Alpha – "In my view they didn’t do what they set out to do … which was to hedge. I saw a few hedge funds that did much worse than my long-only fund, which is rather ironic," [Veritas Asset […]
A hedge fund that actually hedges risk
Globe and Mail – This is how bad things are for hedge funds right now. On the CanadianHedgeWatch.com website, a hub for the hedge business, the lead article one recent day was headlined "The hedge fund collapse." The article, which […]
Quant traders limit risk as losses mount
Reuters UK – Robust returns for a group of powerful hedge funds that thrived for years using sophisticated trading programs may be a thing of the past after a "Black Swan" event hit global markets this year. The carnage in […]
Congress goes after hedge funds
BloggingStocks – Congress will bring in a bunch of big hedge fund managers like George Soros and ask them why they make so much money. It will also try to figure out if they control too much of the trading […]
Hedge funds: will it be a renaissance Man?
Times Online – Hedge funds are supposed to like risk and to love leverage. However, in the current markets, it has all got too much for Man Group. The world’s biggest quoted hedge fund manager – and historically one of […]
3i Infrastructure buys bonds from distressed hedge funds
Telegraph.co.uk – 3i Infrastructure, which is 43pc owned by private equity group 3i, said it had exploited an "anomaly in the market" and added it was keen to take part in any purchase of Gatwick, after BAA was told it […]
Dow Jones Suspends 2 Hedge Fund Benchmarks Amid Deleveraging
CNNMoney.com – Dow Jones & Co. has suspended the publication of two hedge-fund benchmarks and the Dow Jones Hedge Fund Balanced Portfolio Index that incorporates them, saying that the underlying hedge funds have been deleveraging in an effort to reduce […]
BBVA unit says clients slash hedge fund exposure
Reuters – Clients of Spain’s BBVA Patrimonios have cut hedge fund exposure by more than two-thirds over the past year after disappointing returns, says its chief investment officer, who believes the industry is in meltdown. "Appetite for hedge funds has […]
