Monthly Archives: June 2007
Hedge Like Funds Can Reduce Risk
Individual investors who want something more than a plain-vanilla investing plan are increasingly trying out a new option: mutual funds that use hedging strategies. While a standard mutual fund looks for companies with good financial performance and waits for those […]
Citi Catches Up in Targeting Hedge Funds
Although Citi decided this month to restructure its global fixed-income sales business, creating three hedge fund dedicated coverage groups, rivals have been left surprised it had not done so sooner. The increasing desire to sell securities to hedge funds, coupled […]
Hedge Funds Warn Against Manipulation of Subprime Debt
New York- A group of hedge funds is telling the U.S. Securities and Exchange Commission to be on the lookout for manipulation of bonds backed by subprime mortgages. Paulson & Co., a hedge fund based in New York, told the […]
Hedge Fund Manager Faces Prison Time
West Palm Beach (HedgeCo.Net)- In an investigation conducted by the FBI, the US Postal Service and the SEC, hedge fund manager Joseph Ferona now faces prison time after pleading guilty to a fraud charge. His sentencing is scheduled for Aug. […]
JP Morgan Recommends Emerging Markets
Reuters- JP Morgan is recommending investors take advantage of the latest emerging markets sell-off to add exposure to the asset class, despite the risk of a possible interest rate rise by the U.S.Federal Reserve later this year. The bank argued […]
China Deal May Embolden Hedge Funds
Wall Street Journal- Hedge funds, known for flexing their financial muscles around the globe but still largely shut out of China, hope the quickening pace of Beijing’s reformswill open new gateways into the world’s fourth-largest economy. Chinese officials remain suspicious […]
Performance Review of the Dow Jones Hedge Fund Strategy Benchmarks
HedgeCo.net – Five of the six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted net-of-fees gains in May 2007. With net-of-fees returns of 3.65%, the performance of equity long/short was significantly higher than the other hedge fund […]
Scandinavian Hedge Fund Of Funds Announces Portfolio Exits
West Palm beach (HedgeCo.Net)- Petter Hoffström, CFO of Scandinavian hedge fund of funds Amanda Capital PLC announced today that several of its investment companies were sold, generating a cash flow of over EUR 1 million ($1.3 million) for Amanda. Eltel […]
Hong Kong Eases Way For Hedge Funds
InvestmentNews- Hong Kong’s Securities and Futures Commission is simplifying the licensing agreements for overseas hedge-fund managers looking to set up shop in the territory. The regulator said that the changes, which take effect immediately, include a faster registration process for […]
Cool Regulator Won’t Stop Indian Hedge Funds
Reuters India- Indian hedge funds will grow rapidly despite a hesitant attitude from the country’s regulators, industry participants said on Tuesday, as investors keep piling money into the nascentindustry. The Indian hedge fund sector is one of the smallest in […]
Hedge Fund To Barclays: Stand Alone
Forbes – Atticus Capital isn’t the only hedge fund which wants Barclays to give up its fight for Dutch lender ABN Amro. SeacliffCapital, a hedge fund in San Francisco, had its doubts from the moment market rumors started swirling that […]
Hedge Fund Activism, Friendly or Hostile?
West Palm Beach (HedgeCo.Net)- With an estimated $1.2 trillion under management, hedge funds are having an impact on the financial markets. In one of the first studies to shed light on how this is happening, researchers at Wharton and three […]