Monthly Archives: September 2011
UCITS Alternative Index Down -1.81% In August
New York (HedgeCo.net) – The UCITS Alternative Index Global is down in August (-1.81%) bringing its year to date performance to -2.55%. The Fund of Funds Index is down -2.14% reaching -3.27% this year. Except for the Commodities Index, all […]
Matrix assumes control of Olympus hedge fund
City Wire – Matrix Asset Management has taken on the management of the Candela fund, previously run by Olympus Capital, as part of its strategy to attract mainstream hedge fund managers. As part of the move, the fund has been […]
Tanzanian Royalty Exploration And The Double Edged Sword Of Hedge Fund Ownership
Seeking Alpha – Many here on Seeking Alpha look to the holdings of large hedge funds for investment ideas. The market activity of the past weeks has highlighted one of the risks of following along. When a hedge fund with […]
August slump for leading hedge funds
City AM – Many of the best-known names in hedge funds suffered in August despite the slump in financial stocks that helped them make gains during the banking crisis. SAC Capital Advisors, Third Point Offshore Fund and T2 Partners were […]
Richard Collins on Pierre Lagrange, straight divorce and gay marriage
Spear’s – Following the news today that Pierre Lagrange, a co-founder of hedge fund giant GLG, has left his wife for a man and may have to hand over half of his £300 million worth in the divorce settlement, questions about […]
Asian hedge funds suffer in ‘gloomy’ August
Opalesque – Asian hedge funds may be experiencing rapid growth over the past several months, with some insiders in the region outpacing their Western counterparts, but the positive outlook on Asian hedge funds was not enough to spare the region’s […]
Hedge funds can play role in retirement industry
Business Live – The recent high levels of volatility experienced by local and global stock markets has once again highlighted the need for investors to effectively diversify their retirement portfolios. According to Thomas Schlebusch, CEO of Blue Ink Investments, investors […]
Labor Day
New York (HedgCo.net) – From The Baltomore Sun: “Labor Day’s arrival can serve to remind employers that such investments are critical to an economy whose competitive advantage stems not from how inexpensive our labor is relative to other countries’, but […]
Thai Finance Chief Defends Sovereign Fund Plan
Bloomberg – Thai Finance Minister Thirachai Phuvanatnaranubala said the establishment of a sovereign wealth fund may help the central bank narrow losses on its currency and bond investments. “It’s a suggestion to help resolve the problem,” Thirachai wrote on his […]
Former IMF chief faces uncertain political future after New York prosecutors drop charges of sexually assaulting hotel maid
Guardian – Four months ago he was the man tipped to become the next president of France. On Sunday, Dominique Strauss-Kahn returned to Paris, his political career in tatters after being arrested and charged with the attempted rape of a New York […]
Stock markets fall again as IMF chief warns of crisis
Guardian – Fears of a new global recession sent stock markets falling sharply acrossEurope and Asia on Monday morning, after International Monetary Fund chief Christine Lagarde warned that the world economy is on the brink of a new crisis. In London, the FTSE […]
Hedge fund Gotterdammerung
Asia Times – The past 30 years have been notable for the rise of hedge funds, organizations that compete with the top Wall Street investment banks in remuneration, while charging their investors fees far above those traditional for investment management […]