Monthly Archives: June 2009
Flood of ETFs promising hedge fund-style returns
Reuters – Money managers are flooding the market with exchange-traded funds (ETF) and mutual funds designed to give even the smallest of investors access to hedge fund returns without all the usual restrictions or hefty fees. IndexIQ Advisors, a start-up […]
AlternativeSoft Teams Up With Eurekahedge & Crédit Agricole Structured Asset Management
West Palm Beach (HedgeCo.net) – AlternativeSoft has forged agreements with Crédit Agricole Structured Asset Management (CASAM) and Eurekahedge to provide all trial users of AlternativeSoft with free trials of the CASAM CISDM and the Eurekahedge Global Hedge Funds databases. “We’re […]
New Yorker Glen Whitney quits hedge fund job to create math museum
New York Daily News – An enthusiastic math whiz plus hands-on exhibits multiplied by deep-pocketed investors equals a math museum. This formula may one day lead to every school kid’s nightmare – a museum dedicated to nothing but mathematics – thanks […]
Credit Suisse/Tremont Hedge Fund Index Estimated to Finish Up 3.61% In May
West Palm Beach (HedgeCo.net) – Hedge fund managers posted positive returns across all major strategies in May except for Managed Futures. Returns were driven by favorable investment conditions across equity, credit and commodities markets. India led the positive trend in […]
Elle Macpherson cuts £2 million from price of her Notting Hill home
This is London – She bought the property close to the top of the market following the break-up of her relationship with hedge-fund multi-millionaire and philanthropist Arpad "Arki" Busson, the father of her two children Arpad Flynn, 11, and Aurelius […]
Desperado quants go for gambling and defence
eFinancialCareers UK – Times are still not good for junior quants and mathematical PhDs who aspire to work in investment banks. With banks pulling back from complexity, there’s less need for their talents. Mark Davis, a professor of maths at […]
Hedge funds do well in May
Nationalpost.com – The broad equity market rally helped hedge funds to their best performance in almost a decade in May, according to Chicago-based Hedge Fund Research. The firm’s Fund Weighted Composite Index rose more than 5.2% during the month, marking […]
Guinness-backed hedge firm debuts alternatives fund
Reuters India – Hedge fund firm 47 Degrees North has launched a portfolio that will invest in funds in areas such as electricity, transportation and volatility arbitrage as it seeks fresh ways to sidestep falls in traditional markets. The firm, […]
WisdomTree Files For Hedge Fund ETFs
IndexUniverse.com – The New York-based ETF provider today filed papers with the Securities & Exchange Commission for three actively managed ETFs: the WisdomTree Real Return Fund, the WisdomTree Managed Futures Fund and the WisdomTree Long-Short Fund. The Long-Short fund will […]
Hedge funds to face more scrutiny after Europe squeeze
Wealth Bulletin – Regulators will this week agree broad principles for clamping down further on hedge fund managers, after the European Commission proposed more draconian constraints on their activities. At the 34th annual meeting of the International Organisation of Securities […]
Bramdean names Petersfield AM as bidder
Reuters – UK asset manager Bramdean Alternatives named Petersfield Asset Management Limited on Tuesday, as the bidder to rival the proposal by property tycoon Vincent Tchenguiz’s investment vehicle, Elsina, to oust its current board. Bramdean said in a statement that […]