Monthly Archives: August 2012
Dow Jones Credit Suisse Hedge Fund Index finished up 1.42% in July
New York (HedgeCo.Net) – The Dow Jones Credit Suisse Hedge Fund Index finished up 1.42% in July. A new monthly commentary offers insight into hedge fund performance through the month of July. Some key findings from the report include: Hedge […]
Laffer urges SEC on Money Market Mutual Funds: “Do No Harm”
PRNewswire – Proposed regulations by the U.S. Securities and Exchange Commission (SEC) on Money Market Mutual Funds (MMF) would have the effect of enriching the Federal Reserve and feeding the relentless borrowing demand of the federal government while harming individual investors […]
Hedge funds are betting on disaster
CNN -Hedge funds are betting on a disaster hitting the financial markets within the next several quarters, with managers holding onto historic levels of cash. That so-called dry powder gives them the cash they need to quickly jump in if […]
Only 11% of hedge funds outpaced the S&P 500 so far this year, says Goldman Sachs
Opalesque – In the week-ending 24 August 2012, Silk Road Management announced the launch of the Silk Road M3 Fund that will focus on Myanmar, Mongolia, and Mozambique; Eric Rosen, the co-head of UBS AG’s fixed-income, currencies and commodities business for the Americas […]
While GOP opposes gay marriage, key donors fund the other side
Washington Post – Billionaire hedge fund manager Paul E. Singer is one of the Republican Party’s most important money men, raising millions for presidential candidate Mitt Romney and giving even more to a super PAC supporting his campaign. But Singer […]
Dollar Loses Hedge Fund Bulls as Risk Drops Among G-10 Nations
BusinessWeek – Hedge funds and large speculators are abandoning bets on a stronger dollar at the fastest pace ever amid growing confidence in the global economy. Futures contracts favoring gains in the U.S. currency surged to the most on record […]
David Rubenstein Wins 100 Women in Hedge Funds’ 2012 Effecting Change Award
New York (HedgeCo.Net) – Co-Founder and Co-Chief Executive Officer of $160 billion hedge fund The Carlyle Group, David M. Rubenstein, will receive the 100 Women in Hedge Funds’ (100WHF) 2012 Effecting Change Award at the annual New York Gala to be held at […]
T. Boone Pickens Blasts Romney’s Energy Plan: ‘All They Talk About Is Oil’
TP – Mitt Romney’s new energy plan amounts to “drill, baby drill” on America’s public lands and shores. His vision for energy follows that of his oil donors and chief energy adviser, shale oil baron Harold Hamm. Meanwhile, it neglects other […]
Gawker Publishes Mitt Romney’s Offshore Hedge Fund Holdings
New York (HedgeCo.Net) – More than 950 pages of hedge fund audits, statements, and investor letters have been published by online magazine Gawker, naming over 20 entities the presidental hopeful has invested in. Gawker reveals: “Romney had invested—at minimum—more than […]
Citi to REDEEM $410 million from Paulson & Co hedge funds: Sources
Editor’s note: This headline was edited from the original article which said that Citi borrowed $410 instead of redeeming it. Economic Times – The blows keep coming for hedge fund manager John Paulson, with Citi Private Bank deciding it will […]
Brookfield squares off against U.S. hedge fund Pershing Square over sale of GGP
Canadian Business – Toronto’s Brookfield Asset Management Inc., the largest shareholder of General Growth Properties, is squaring off against a U.S. activist hedge fund that wants the U.S. mall owner to put itself up for sale. New York hedge fund […]
Hedge fund firms accepting screens to get faith-based business
Pensions & Investments – Hedge fund managers hungry for institutional assets are increasingly willing to incorporate exclusionary screens into their investment approaches to keep portfolios in line with the socially responsible investment values of church-affiliated investors. It was nearly impossible […]