Hedge Fund Blogs From HedgeCo.Net

Investment Technology Group, Inc. (NYSE:ITG) announced that the firm will contribute ten percent of its global trading revenues on Friday, January 15, toward Haitian earthquake relief efforts. In addition, ITG is organizing a firm-wide employee charity day to encourage donations to the affected region. ITG will donate to the following charities: the American Red Cross, Partners in Health, and Save […]

Hedge funds finished their best year of the decade with positive performance in December. Top performing sectors included Event Driven, Long/Short Equity, Emerging Markets and Convertible Arbitrage. Event Driven managers capitalized on their credit books as high yield and leveraged loan markets spreads tightened. Managers also seized opportunities in select idiosyncratic distressed situations. Long/Short Equity and Emerging Markets experienced positive […]

ALTIN, the $275 million fund of hedge funds listed on the London and Swiss stock exchange actively managed its portfolio in the second half of 2009. Most notably, weightings in «Macro», «Equity Long Short» and «Credit Strategy» were increased in the second half of 2009 compared to the first half of 2009, from 11.3% to 15.26% for «Macro», from 25.8% […]

Thomson Reuters has published tables of the best and worst performers in December among bond funds listed in the Lipper Global indices and registered for sale in the UK. Performance is shown in the fund’s local currency and may reflect declared dividends. The tables use the latest available data and strip out smaller players, as well as some funds that […]

2009 was a year of turmoil in the financial markets and the economy in general. With abuses and fraud making headlines and regulators being partly blamed for the economic issues, individuals in the financial community seem to be awaiting a wave of regulatory self-protective backlash consisting of potentially unnecessary, and ultimately, ineffective regulations. Among the anticipated regulatory changes was a […]

Hedge funds often make investments in complex securities. Subsequently, market activity for such investments may significantly diminish to the point that the market is no longer considered active. In order to determine the fair value of such investments for financial reporting purposes, management must possess sufficient knowledge of the specific terms of the investments and have the experience to value […]

The Securities and Exchange Commission yesterday adopted rules designed to increase the oversight of SEC-registered investment advisers that maintain custody of client assets. Most investment advisers do not maintain physical custody of their clients’ assets. Instead, those assets are held by a qualified third-party custodian, such as a regulated bank or a broker-dealer. However, over the past year, the SEC […]

100 Women in Hedge Funds announced during Prince William’s visit to a Centrepoint hostel that, as part of the Prince’s patronage of 100 Women in Hedge Funds, it has chosen to partner with Centrepoint as well. Centrepoint is the UK’s leading national youth homeless charity, to build on its existing mentoring programme. This announcement follows the news in October that […]

In the recently published December RIC Report, the BofA Merrill Lynch Research Investment Committee, led by Hartnett, identified 10 key themes that the bank’s clients should be positioned for in 2010. — Government Balance Sheet Risk: The soaring U.S. budget deficit and a Chinese currency revaluation will drive 10-year U.S. Treasury yields above 4 percent by year-end 2010. Shorter-duration Treasuries […]

The world’s banks should study in detail how Islamic values have managed to avoid some of the worst elements of the global financial meltdown, according to a warning from Complinet, a compliance solutions provider. “The lessons of Shariah banking have a lot to teach financial institutions,” says Paul Johns, Complinet’s vice president of Global Markets. “Pressure is definitely mounting for […]

It’s fairly astonishing, but none of the climate change models take the peaking of any fossil fuels into account. They all project — over a period of 30 years or more! — fairly simple growth curves for population and the global economy, assuming that sufficient oil, gas and coal will be available to satisfy demand at historically normal prices. Continue reading →

I. PROMOTE ROBUST SUPERVISION AND REGULATION OF FINANCIAL FIRMS A. Create a Financial Services Oversight Council 1. We propose the creation of a Financial Services Oversight Council to facilitate information sharing and coordination, identify emerging risks, advise the Federal Reserve on the identification of firms whose failure could pose a threat to financial stability due to their combination of size, […]