Tag Archives: florham-park-new-jersey
Dow Jones Hedge Fund Strategy Benchmark Review
West Palm Beach (HedgeCo.net) – In the monthly report from Dow Jones Indexes on the performance of Hedge Fund Strategy Benchmarks, only one of four strategies, merger arbitrage, posted net-of-fee gains in November. After hedge funds experienced two of the most […]
Battered convertibles lure brave hedge funds
guardian.co.uk – Bolder hedge funds are looking to snap up convertible bonds at bargain prices, returning to an asset class that became a no-go area for them only a short while ago. The convertible bond market has tumbled 44.5 percent […]
Citadel To Launch New Funds, New Strategies
New York (HedgeCo.Net) – After a disappointing year, Citadel will launch several new hedge funds in hopes of countering the losses of their main hedge fund. The multi-strat $10 billion Kensington Global Strategies Fund has fallen over 30 percent this […]
Hedge Fund Performance for the Third-Quarter Lowest Since 2003
West Palm Beach (HedgeCo.net) – Morningstar, Inc. reported that hedge funds reported the worst losses in the Morningstar Hedge Fund Index’s history, which began in January 2003. In September, the Morningstar 1000 Hedge Fund index dropped 7.87%, more than double […]
Hedge funds Collateral damage
Economist – Hedge funds are supposed to hedge. This year, they haven’t. The fund-weighted composite index compiled by Hedge Fund Research, a firm that tracks the industry, fell by 4.7% in September, the second-worst month on record. Since the start […]
‘We are approached by hedge funds considering fund liquidations on a weekly basis’
Times Online – Every week at least one British hedge fund is considering winding up its funds as catastrophic investment performance puts the sector under unprecedented pressure, an industry expert said yesterday. Andrew Shrimpton, the former head of hedge fund […]
Hedge funds to hand back millions
Telegraph.co.uk – In the biggest-ever round of redemptions, funds around the world are braced to give back between 10pc and 50pc of their assets under management. Hedge funds were faced with a slew of redemption notices at the start of […]
Fortis winds down three hedge funds
Fortis has closed three small hedge funds in the aftermath of its acquisition of part of ABN Amro and merger of the Belgian and Dutch banks’ asset management operations, according to a report in the Financial Times. The Fortis European […]
DIFC denies reports about involvement in Rashed Investment Bank
The DIFC has clarified its position on news reports that have recently appeared regarding ‘Rashed Investment Bank’ an Islamic investment bank which has been proposed to be set up in Dubai. The DIFC said that while it welcomes initiatives within […]
Citigroup to Close Another Hedge Fund
New York (HedgeCo.Net) – Citigroup Inc. will close its $400 million Tribeca Convertible hedge fund in what will help wind down the $2 billion Tribeca Global Investments Group, according to a report published on Bloomberg.com. The closing of the fund […]
