Tag Archives: first quarter


Man Group funds under management decline in 1H

Forbes – Man Group PLC, the world’s largest publicly traded hedge fund, said Thursday that funds under management declined in the first half despite a recent growth in private investor sales. The group said it had $43.3 billion in funds […]

Hedge Fund’s Bid for Sotheby’s Shares

Barron – Shares of auctioneer Sotheby’s have rebounded on hopes for a recovery in the art market, although the economic picture is still difficult to frame. However, although investors have bid up the shares in recent months, the stock still has […]

Hedge fund liquidations drop 50 per cent in Q1

Zawya.com – Hedge fund liquidations fell by 50 per cent in the first quarter of 2009 from the record levels set in the previuos quarter, according to data released yesterday by Hedge Fund Research (HFR), a leading provider of the […]

Cayman Islands in the Foreign Press

Caymen Net News – Hedge funds and financial institutions based in the Cayman Islands have been pulling their money out of Britain as they are hit by the credit crunch, according to figures from the Bank of England. The low-tax […]

Pension fund rethink may buoy hedge funds-Lipper

ZURICH, June 9 (Reuters) – Hedge fund outflows of $116 billion in the first quarter of 2009 were the second highest since 1994, Lipper data show, yet hedgies may yet receive a boost from some pension funds before the end […]

Hedge funds in Cayman Islands withdraw from UK banks

Hedge funds and financial institutions based in the Cayman Islands have been pulling their money out of Britain as they are hit by the credit crunch, according to figures from the Bank of England. The low-tax regime and limited ­regulation […]

Hedge Fund Mgr Schoenfeld Backs Icahn/Eastbourne Amylin Slate

CNNMoney.com – A major shareholder of Amylin Pharmaceuticals Inc. ( AMLN) is backing a slate of dissident directors nominated by Carl Icahn and another hedge-fund manager, Eastbourne Capital Management. P. Schoenfeld and Associates, which owned 2.1 million Amylin shares as […]

Och Stores Up Cash as Funds Brace for Stock Losses

Bloomberg – Daniel Och had about 35 percent of his $20 billion of hedge-fund assets in cash during the first quarter because he suspects global stock markets will start falling again. “The world will not just bounce back to where […]

Barakett sold most of fund’s U.S. stocks as markets declined

Tehran Times – Atticus Capital LP sold 23 of the 25 U.S.-listed stocks it owned in the first quarter as the New York-based hedge-fund firm run by Timothy Barakett put more money into cash while equity markets fell. Atticus sold […]

Credit Suisse/Tremont Hedge Fund Index White Paper Review

West Palm Beach (HedgeCo.net) – Convertible Arbitrage: Shifting Gears (more found here at HedgeCo/blogs) discusses the strategy’s ability to generate positive returns both during the declines in equity markets in January and February, as well as during the global market […]

Einhorn’s Greenlight Hedge Fund Purchases Ford Debt

Bloomberg – Greenlight Capital Inc., the hedge- fund firm run by David Einhorn, added to its holdings of Ford Motor Co. debt in the first quarter and invested in EMC Corp., Harman International Industries Inc. and Pfizer Inc. The hedge […]

Nearly 20 pct of Asia hedge funds close since ’08

Forbes – Almost 20 percent of Asia’s hedge funds closed shop since the start of 2008 as a wave of investor redemptions and sharp losses amid the financial crisis took a heavy toll on the region’s once high-flying industry, a […]