Monthly Archives: August 2011
Cleveland Browns Owner Wins Hedge Fund Dispute
New York (HedgeCo.net) – The owner of the Cleveland Browns, Randy Lerner, has won a court order against hedge fund Paige Capital Management LLC., in a Delaware Court yesterday. Bloomberg reports that the hedge fund is ordered to return the remainder of Lerners’ […]
Hedge Fund Tech Launch: Wall Street Birds
New York (HedgeCo.net) – A free Twitter watcher, WallStreetBirds.com, has been launched by Scottsdale, AZ based Modulus Informatics, Inc., allowing the general public to make investment decisions based on the real-time analysis of twitter data. “Wall Street Birds is a […]
Study says funds of hedge funds see limited diversification benefits
RiskNet – Fund of hedge funds (FoHF) portfolios with more than 25 underlying managers have weaker performance and increased tail risk, according to research from New York University’s Stern School of Business Investing in hedge funds can be a risky […]
Biggs Cuts Risk in Traxis Hedge Fund After U.S. Downgrade
San Francisco Chronicle – – Barton Biggs, who last week called U.S. equities a “strong buy,” said he cut risk in his Traxis Partners LP hedge fund, echoing trading last year when he sold stocks as Europe’s debt crisis spread. “I’ve taken […]
Hedge Funds Standards Board looks to attract US and Asian managers
Hedge Funds Review – The UK-based Hedge Funds Standards Board (HFSB) is seeking to sign up more US and Asia-based managers to its best practice protocols. The UK-based Hedge Funds Standards Board (HFSB), established in 2008 to develop and promote a […]
Hedge funds feel the pain as losses set to deepen
Reuters – Hedge funds, considered the stalwarts of the investing world, are feeling the pain just like everyone else. Monday’s panicked U.S. stock sell-off, which drove the S&P 500 down more than 6 percent, is affecting investors from average Americans […]
Hedge funds hit ‘sell’
Dow Jones – For all the talk of the need for investors to avoid panic, hedge funds have been dumping the shares and debt of many of their favourite companies, according to investors and traders, contributing to a downdraft in […]
How Bad Is It?
New Yorker – After the prime-time drama of showdowns on Capitol Hill, agita in the West Wing, and a doomsday deadline averted comes the local news, wherein bad things happen to real people. Friday’s payroll report for July showed that […]
Hedge Fund Investors Protect Themselves With $180 Million Against Market Deterioration
New York (HedgeCo.net) – Swiss Re has announced the successful transfer of $180 million of extreme mortality risk to the capital markets. Swiss Re has a history of obtaining over $2.0 billion in extreme mortality risk protection. “Swiss Re has […]
ProShares launches ETF as alternative to hedge funds
CPI – ProShares has launched the ProShares Hedge Replication ETF. HDG’s benchmark is based on Merrill Lynch’s hedge fund replication model. HDG is attempting to provide the risk/return characteristics of a broad universe of hedge funds without many of the […]
Hedge fund stars profit in global debt crisis
Reuters Africa – Big-name hedge funds such as Brevan Howard, Man Group’s AHL and Winton are making money for investors despite Europe’s deepening debt crisis which has plunged global financial markets into turmoil. As global stocks sank for an eighth […]
Under Stress, Hedge Funds Like Gold, High-Yield Bonds
Forbes – Despite the record highs in gold prices, hedge fund managers still like the precious metal in the intermediate term. Outside of the precious metals, high-yield corporate and local currency emerging market debt are another trade favorite that has […]