Tag Archives: hedge funds
Swedbank Robur Reduces Fund of Hedge Fund Fees
New York (HedgeCo.net) – Scandinavian fund of hedge fund manager, Swedbank Robur announced that it is lowering fees by .2% to .4% on its 5 funds, effective October 1st. “These reductions are in line with our ambition to offer an […]
Long-bias funds lead hedge funds higher in Aug-Lipper
Reuters – Global hedge funds continued their winning streak in August, with all hedge fund strategies except dedicated short-bias ending the month in positive territory, fund tracker Lipper said on Friday. Lipper, a unit of Thomson Reuters, said funds with […]
Majedie hedge fund manager sells out of cyclicals
Reuters – Read Complete Article – Majedie hedge fund manager Matthew Smith has rotated his portfolio out of cyclical stocks and into value stocks with high yields, in another sign hedge funds think equities are susceptible to a pullback. Smith, […]
Man Group Launches Onshore Version Of Giant Hedge Fund
Dow Jones – Man Group PLC said Thursday it is launching an onshore version of its AHL product, one of the largest single hedge funds with some $20 billion assets under management, in a further sign of the company’s confidence […]
Volcker says banks should not own hedge, equity funds-report
Forbes – Banks should not be allowed to own hedge funds or equity funds and their trading activity should be limited, former Federal Reserve Chairman Paul Volcker said in an interview with Il Sole 24 Ore on Thursday. ‘A bank […]
Butterfield Fulcrum Partners With Risk Fundamentals
New York (HedgeCo.net) – Alternative fund administration company, Butterfield Fulcrum, announced a partnership with hedge fund software firm Risk Fundamentals, to provide comprehensive risk analytics to hedge fund managers. “As independent administrators we sit at the junction where transparency and […]
2009 Performance: Hedge Funds vs. Mutual Funds
BusinessWeek – Convertible and equity arbitrage strategies have the winning performance among hedge funds so far this year. Latin American stock funds lead the way for mutual funds. The Standard & Poor’s 500-stock index returned 15% year to date through […]
JPMorgan Sets Group to Help Hedge Funds Secure Assets
Bloomberg – JPMorgan Chase & Co., the second- biggest U.S. bank, created a group to help fund managers broaden their trading and assure investors that assets won’t be tied up by a brokerage failure like the one that felled Lehman […]
Bank stocks’ rally boosts some hedge-fund managers
MarketWatch – A rally last month in bank stocks such as Bank of America Corp. boosted returns of some hedge funds, including funds run by Paulson & Co. Managers focused on financial-services stocks returned 4.29% on average in August, according […]
Regulator issues hedge fund selection guidance
CityWire.co.uk – The Italian regulator, Consob, has issued guidance to fund of hedge fund managers on the selection of target funds for their portfolios. Over the last few months hedge funds have been subject to constant redemption requests in order to […]
Hedge funds attract $4.5 billion in Aug 2009
New York (HedgeCo.net) – Preliminary reporting from Eurekahedge finds that August marks the 6th consecutive month of positive returns for hedge funds (up 13.1% YTD); hedge funds up 2.6% for the last 12 months, while the MSCI AC World Index […]
Hedge Funds Lag as Equity Market Rally Continues – Hennessee
New York (HedgeCo.net) – There was good economic news in August, specifically housing and manufacturing data, according to hedge fund research specialist Hennessee Group. “Government spending continues to drive demand, while the private sector has been largely absent. This dynamic […]
