Monthly Archives: June 2012
Och-Ziff’s hedge funds post mild declines in May
MarketWatch – Och Ziff Capital Management Group LLC’s four main hedge funds posted milder declines than the Standard & Poor’s 500 index’s 6.3% drop last month. Among Och-Ziff’s four main funds, OZ Asia Master fell the most, by 2.2%, OZ Europe […]
Hedge funds in longest rout since global recession
Business Standard – Hedge funds curbed bullish bets on commodities for a third consecutive month, the longest retreat since the global recession, as Europe’s worsening debt crisis and slowing US job growth sent prices tumbling. Money managers reduced net-long positions […]
Financial Research Associates’ Business Development Companies Summit
New York (HedgeCo.Net) – Financial Research Associates (FRA) is proud to present the one-day inaugural event that focuses exclusively on the operational, investment, structural and distribution nuances of BDCs: Successfully Launching and Profiting from Business Development Companies at the Princeton […]
Mutual Funds Push To Restrict Hedge Fund Ads
WASHINGTON (Dow Jones)–The mutual fund industry wants the Securities and Exchange Commission to impose restrictions on advertising by hedge funds and private equity funds now that such private funds will be allowed to engage in mass marketing. Hedge funds will […]
Hedge Funds’ 3-Mo. Retreat on Commodities
BusinessWeek: Hedge funds curbed bullish bets on commodities for a third consecutive month, the longest retreat since the global recession, as Europe’s worsening debt crisis and slowing U.S. job growth sent prices tumbling. Money managers reduced net-long positions across 18 […]
Cloning Hedge Fund success is key in the launch of AlphaClone Alternative Alpha ETF
New York (HedgeCo.net) – Hedge fund replication systems have been done before, but the launch of the AlphaClone Alternative Alpha ETF marks a large step in bringing Hedge Fund like returns to retail investors. The idea of the new ETF […]
Ex-Lehman trader quits as Asia hedge funds falter
HONG KONG (Reuters) – Smaller-sized hedge funds are increasingly throwing in the towel in Asia as they struggle to attract money from risk-wary institutional investors, casting a cloud over prospects of the $128 billion industry. The latest to quit is […]
SEC says taking “close look” at #zombie funds
Reuters – U.S. regulators are looking at so-called #zombie funds where money managers continue to get paid from investors even though the fund is essentially inactive, a top Securities and Exchange Commission official said on Sunday. “We are going to […]
Hedge Fund Charity to Honor Warrick Dunn
New York (HedgeCo.net) – Former NFL star running back Warrick Dunn will be honored for his outstanding charitable contributions at A Little Hope’s ‘A Night For Our Children’ 11th annual fundraising gala. A Little Hope is a non-profit, hedge fund […]
Hedge Fund Manager Kellner DiLeo Rebrands as Kellner Capital
New York (HedgeCo.net) – Kellner DiLeo & Company, LLC, a more than three decade-old hedge fund manager, has been reorganized and renamed Kellner Capital, LLC, and has launched a new event-driven investment fund. George Kellner, Founder and CEO, said, “The Firm […]
Mutual Funds Group Urges Limits On Hedge Fund Advertising
Bloomberg – Mutual funds are pushing for limits on hedge fund advertising permitted under the Jumpstart Our Business Startups Act, saying such ads may hurt investors and damage the entire fund industry. The law’s repeal of a ban on the […]
Broker fees for U.S. stock trading fell to lowest since 2006
Stamford Advocate – U.S. securities firms received the lowest commissions from equities trading since 2006 amid a fifth straight year of outflows from stock funds and the worst returns during the bull market that began in 2009. The industry split $10.9 […]