Monthly Archives: August 2011
Macquarie-Led Group Makes Conditonal Proposal for Charter Hall Office REI
Bloomberg – Macquarie Group Ltd. (MQG) is leading investors in an offer to buy the shares of Charter Hall Office REIT (CQO) not owned by the trust’s manager, seeking a return to assets it offloaded 1 1/2 years ago. Australia’s biggest […]
Izzy Englander’s Millennium hedge fund up around 5% YTD
Opalesque – With just three trading days left in August, Israel (Izzy) Englander’s Millennium hedge fund is down 1% so far in August but up around 5% up YTD, according to information obtained by Opalesque. Last Friday, Opalesque reported (via […]
Black box hedge funds profiting from stock market falls, it is claimed
Investment International – Hedge funds run by sophisticated computer programmes are profiting from large falls in stock markets and a rocketing gold price this month, even as funds managed by human beings struggle to cope with high market volatility, it […]
Hedge Funds Boost Bullish Agriculture Bets as Corn, Soy Yields May Slump
Bloomberg – Speculators increased bullish bets on agricultural commodities to the highest level since early May after adverse weather eroded yield prospects for corn and soybean crops in the U.S., the world’s top grower and exporter. Hedge funds and other […]
Buffett move may rescue August for some hedge funds
Reuters – August was shaping up as one of the worst months ever for some top hedge fund managers like John Paulson, but Warren Buffett may have changed that. Buffett’s $5 billion investment in Bank of America Corp sparked a rally […]
RAB Founders Plan to Invest $30 Million in Firm’s Biggest Fund
Bloomberg – RAB Capital Plc founders Philip Richards and Michael Alen-Buckley will invest $30 million of their own money in the company’s biggest hedge fund so it doesn’t have to separate illiquid assets from other holdings. The investment increases the founders’ […]
Four EU states extend short-selling ban
Reuters – Italy, France, Spain and Belgium extended their short-selling bans on Thursday in a bid to cushion bank stocks from the euro debt crisis, but hinted the curbs could be lifted by October. Spain and Italy said their bans […]
Hedge Fund Launch: Touchstone Merger Arbitrage Fund
New York (HedgeCo.net) – Touchstone Investments has added to its alternative investment offerings by launching the Touchstone Merger Arbitrage Fund. The Fund will be sub-advised by Boston-based institutional hedge fund advisor Longfellow Investment Management Co., which also serves as sub-advisor […]
Emerging market hedge funds navigate volatility though performance is flat, assets at record high ($123bn)
Opalesque – Total capital invested in Emerging Market-focused hedge funds increased by $1.4 billion during the second quarter, including new capital inflows of over $300 million and performance-based returns of $1.1 billion, according to data released today by HFR (Hedge Fund […]
Beckwith’s hedge fund venture signs first two teams
D0w Jones – RiverCrest Capital, which was set up in January as a joint venture between Beckwith’s private investment vehicle Pacific Investments and Rod Barker, a former partner and director of business development at International Standard Asset Management, has hired […]
BofA Has More Upside Potential Than Downside Risk
Seeking Alpha – Late in Tuesday’s market session I began to acquire shares of Bank of America. At the time I saw the risk/reward trade-off of owning the stock as benefiting long speculators and investors. There is no doubt that […]
Ogier Fiduciary Services Cayman Announces New Structure Reflecting Client Demand for Specialised Capabilities
Grand Cayman, Cayman Islands – Ogier Fiduciary Services Cayman Limited (OFSCL) announced a new structure that will allow its leadership team to focus and develop capabilities for specific lines of business and build even deeper partnerships with clients. “The growth […]