Tag Archives: investment-returns
Lloyd’s of London Insurers Punish Hedge Funds After 2008 Losses
Bloomberg – Lloyd’s of London insurers pulled as much as half a billion pounds ($825 million) from hedge funds and private equity after investment returns at the world’s oldest insurance market fell by more than half. Catlin Group Ltd.,Brit Insurance […]
Man Group sees net inflow from private investors
Reuters UK – Man Group, the world’s biggest listed hedge fund firm, reported a rise in sales to private investors and said it expects to return to overall net client inflows in its second half, boosting its shares. In a […]
Bridgewater Tops List of Biggest U.S. Hedge Funds
Bloomberg – Ray Dalio’s Bridgewater Associates Inc. overtook JPMorgan Chase & Co. to become the biggest U.S. hedge-fund manager, even as the firm lost assets during the industry’s worst year, according to a survey. Bridgewater, based in Westport, Connecticut, managed […]
Fidelity Launches Indian Fund of Hedge Funds
West Palm Beach (HedgeCo.net) – Fidelity International is launching the Fidelity Wealth Builder Fund through it’s Indian asset management arm, the new fund is an open ended fund of funds scheme offering asset allocation options with three plans. The investment […]
Asia hedge funds face another rough ride in 2009
Reuters – Asia-focused funds suffered their worst ever year in 2008, underperforming their peers in the West, as markets cratered and investors demanded their money back. This year will be marked by consolidation around more established players and a more […]
Cayman Islands in the Foreign Press
Cayman Net News – In a landmark decision the Cayman Islands Court of Appeal has settled various questions on the suspension of redemption. The ruling (December 12, 2008) in the Strategic Turnaround Master Partnership (based in New York) versus Culross […]
CSX Corp. Sue the Childrens Investment Fund
West Palm Beach (HedgeCo.net) – Transport company, CSX Corporation announced that it has joined in a civil action brought by the plaintiff, shareholder Deborah Donoghue, in federal court in New York to recover so-called "short-swing" profits under Section 16(b) of the Securities Exchange […]
Geneva banks lost more than $4 billion to Madoff: report
Reuters – Three European banks on Sunday announced a total of about $3.8 billion in exposure to an investment fund run by Bernard Madoff, the U.S. investor accused of running a $50 billion "Ponzi" scheme. The largest banks of both […]
Pharos Hedge Fund Launches Office In Dubai
West Palm Beach (HedgeCo.net) – Pharos Financial Advisors Limited, a specialist emerging markets fund manager, announced that it has been granted a license by the Dubai Financial Services Authority (DFSA) to operate as an authorised firm within the Dubai International […]
AdultVest Closes Offering on Priapus, Says Fund on Track for the Year
West Palm Beach (HedgeCo.net) – Alternative investment management firm and Hedge Fund Launch of the Year Award Winner, AdultVest, Inc., announced it officially closed its offering in the Priapus Investment Fund, LLC. "In spite of the US and Global economic […]
