Tag Archives: currencies


Sparx to Start New Global Macro Hedge Fund, President Abe Says

Bloomberg – Sparx Group Co., Asia’s biggest hedge-fund manager, plans to start its first global macro fund, adding a strategy that was among the few winners in 2008 when an equities rout led to the only annual loss in its […]

Mellon Capital readying multi-strat hedge fund

Reuters – Mellon Capital Management, which invests money for pension funds and others, plans to launch a new hedge fund in August, a top executive said on Tuesday. The new portfolio, which is slated to become the group’s flagship hedge […]

NZ firm debuts high-risk inflation hedge fund

Alibaba News Channel – Hedge fund firm 36 South said on Monday it had launched a "high risk/high return" fund designed to protect investors’ portfolios against a surge in global inflation. The Excelsior fund will target returns of five times […]

Octagon, Run by Ex-GIC Staff, to Start Hedge Fund

Bloomberg – Octagon Capital Management Pte, run by former managers of the Government of Singapore Investment Corp.’s quantitative-investment group, plans to start a fund that seeks to profit from broad economic trends. Octagon, which uses computer models to pick trades, […]

US prints dollars to ride crisis

Media Monitors Network – "The US Federal Reserve Bank, a private institution, is printing $1 trillion to buy toxic bonds to shore up the economy. Will this work? Perhaps temporarily but most economists predict a sharp decline in the value […]

Hedge fund-like investments, even if you are not a millionaire

New York Daily News – The hedge fund industry has a public relations problem these days and you have to be a millionaire to invest in one anyway, but there’s a new fund for more modest investors that can offer […]

Citadel’s New Hedge Funds

Seeking Alpha – Ken Griffin’s Citadel has plans to roll out a few more funds, even after Citadel’s flagship funds had a rough year in 2008. One will focus on currencies and interest rates, one will focus on stocks, and […]

Citadel marketing new fund with lower fees

Reuters –  U.S. hedge fund Citadel Investment Group LLC plans to roll out several new funds, including one with lower fees that will aim to make money on currencies, interest rates and other trades based on broad economic trends, the […]

Soros Imitators Reap Riches On Macro Funds

The Bulletin – Hedge fund managers on average lost 18.7 percent of their clients’ money in 2008, for the worst performance since at least 1990, according to Hedge Fund Research Inc. Combine the losses with investor redemptions, and total hedge […]

Soros imitators reap riches in financial crisis

The Age – Hedge fund managers on average lost 18.7% of their clients’ money in 2008, for the worst performance since at least 1990, according to Hedge Fund Research Inc. Combine the losses with investor redemptions, and total hedge fund […]

Wall Street slips on earnings risks

The Australian – US stocks fell as another drop in oil prices and a warning from Toyota Motor underscored the unsparing nature of the slowdown. Toyota forecast an operating loss for the current year, the first in the car maker’s […]

Global stocks and dollar swing ahead of Fed meeting

Reuters – Volatility spread across stock and foreign exchange markets on Tuesday as investors eyed a Federal Reserve meeting expected to cut interest rates and hint at future unorthodox monetary policies to lift the U.S. economy. European stocks reversed early […]