Monthly Archives: June 2012
UCITS Hedge Fund Index Flat In June
New York (HedgeCo.net) – The UCITS hedge fund alternative Index Blue Chip is flat this week with a performance of 0.0%. So far this month the UAI Blue Chip is down -0.01%, while it is up 2.05% on year to […]
Hedge Fund People: Pyxis Capital Names J. Bradley Ross As President
New York (HedgeCo.net) – Hedge fund advisor Pyxis Capital has named J. Bradley Ross as President. Ross was most recently Executive Vice President and National Sales Director of Ivy Funds, which he joined in its infancy in 2003 and grew to $55 billion in […]
Big investors eye loading up on hedge funds: survey
Reuters – Pension funds, endowments and charities may soon heap more hedge funds into their portfolios. Nearly one third of institutional investors said they have too much cash on hand and not enough money invested in hedge funds, according to […]
Hedge Funds Hurt in May Commodity Rout
BusinessWeek – For the third straight year, May proved a disaster for hedge funds that specialize in commodities as raw materials from copper to oil fell into bear markets. Funds tracked by the Newedge Commodity Trading Index lost an average […]
Hedge fund TCI lambasts unpopular CoCos
Reuters – A high-profile London hedge fund criticised CoCos as “expensive and uneconomic”, underlining the wariness of mainstream investors about the fledgling securities once hailed as a new recapitalisation lifeline for ailing banks. The Children’s Investment Fund said in a […]
Hedge Funds Bet on Big Bunds Sell-Off
CNBC – Leading hedge fund managers are betting on a significant sell-off in German government bonds in the coming months after a sharp fall in yields on the debt paper driven by a flight to safety in the eurozone. More […]
SEC Releases FAQ for new Form PF Requirements
ComplianceWeek: The Securities and Exchange Commission has issued a collection of “frequently asked questions” regarding the new Form PF required of registered investment advisers that manage $150 million or more in assets attributable to private funds. The document seeks to […]
More Hedge Fund Managers Buying Insurance
Finalternatives: Call it another form of hedging: the vast majority of hedge fund managers (82%) carry professional indemnity insurance, according to a new survey from Baronsmead. That total is up significantly from 2010, when it stood at 64%. The London-based […]
ABN AMRO Private Banking goes overweight on hedge funds
Opalesque – Speaking at the Opalesque Monaco Roundtable – which will be published in July 2012 – Marc de Kloe, Alternative Investments Manager, ABN AMRO Private Banking said that ABN AMRO Private Banking has moved from Neutral to Overweight on […]
Pension Investment Management Company AIJ President Arrested in Japan
New York (HedgeCo.Net) AIJ President Kazuhiko Asakawa, 60, was arrested on suspicion of defrauding two corporate pension funds by presenting false investment performance records last year. This comes after a March raid of AIJ’s headquarters as well as 20 other […]
Fund of Hedge Funds Prisma Capital Partners purchased by KKR
New York (HedgeCo.Net) – Kohlberg Kravis Roberts, a leading global investment firm, today announced an agreement to acquire Prisma Capital Partners LP (“Prisma”), a leading provider of customized hedge fund solutions. The New York Based Prisma Capital Partners has made […]
Hedge Funds Boost Bullish Bets on Stimulus Outlook: Commodities
(Bloomberg) — Hedge funds raised their bullish commodity bets as mounting speculation that central banks will announce more economic stimulus halted a slide in prices and drove gold to its longest rally since August. Money managers raised combined net-long positions […]