Monthly Archives: September 2006
Hedge funds trawl for gossip with web filter
MSN MoneyCentral – Market gossip is to take on a more high-tech form thanks to a new automated system that will trawl through more than 40m internet sources – from blogs to regulatory filings – onbehalf of hedge funds. Due […]
Harvard Hedge Fund hits 29 billion
HedgeCo.Net (New York) – The Harvard University investment arm, Harvard Management Co., manages the largest education based endowment in the world. Harvard has a long record of success in beating the market, but this years $29.2 billion rate of returns […]
Hedge Fund suspect in Stock Manipulation Investigation
HedgeCo.Net (New York) – Hedge fund Aeneas, and it’s founder Thomas Grossman, are under scrutiny in Malaysia as the Securities Commission is probing allegations of stock manipulation. The $400 million hedge fund firm specializes in long-short emerging markets strategies. The […]
Harcourt Investment Consulting AG announces the launch of Belmont Asset Based Lending Ltd.
HedgeCo.net ( New York ) –Harcourt Investment Consulting AG has launched Belmont Asset Based Lending Ltd, Harcourt’s first fund of funds fully dedicated to asset based lending strategies. Thefund was launched in July 2006 and will allow investors to achieve ultimate […]
Hedge fund manager steers clear of natural gas
Globe and Mail – Not every hedge fund manager is betting the farm on natural gas. New York-based Van Eck Global Absolute Return Advisers Corp. certainly isn’t. The company, which has been offering alternative investments for more than 50 years, […]
Losses raise questions about hedge fund type – Houston Chronicle
Houston Chronicle – Huge trading losses at Amaranth Advisors belie the notion that “multistrategy” hedge funds are safer than their single-strategy peers and could lead to calls for more transparencyand controls, experts said Tuesday. The $9 billion Amaranth fund told […]
Funds not selling on Thailand coup
HONG KONG (Reuters) – Foreign fund managers said on Wednesday they have not starting dumping Thai assets after the army seized power, and that they may use the coup as an opportunity to enter one ofAsia’s most inexpensive markets. But […]
Amaranth losses may hit San Diego pension fund
Marketwatch – Losses of more than $3 billion suffered by Amaranth Advisors LLC this month may not just hit the wealthy individuals and big Wall Street institutions that have historically invested in hedge funds. Pensioners and state workers could also […]
Hedge Fund Wizards
Motley Fool – There’s no other business on Earth like the hedge business. In 2005, according to Institutional Investor, the average top-25 hedge fund manager made $363 million. James Simons,head of hyper-quant Renaissance Technologies, made $1.5 billion! Renaissance’s black box […]
Congressman calls for Hedge Fund Study
HedgeCo.Net (New York) – Mike Castle, a congressman from Delaware and president of the republican main street partnership, introduced a bill last week requiring regulators to study and make recommendations about hedge funds, Castle’s office said Monday. The study should […]
Deutsche Bank to open Japan Hedge Fund
HedgeCo.Net (New York) – Hedge funds are seeking opportunities in Japan after the recent cut backs in corporate debt has improved the chances of companies increasing dividends and buying back shares. There are about 220 Japan-focused hedge funds overseeing a […]
Currencies: Pension and hedge funds could push dollar down
International Herald Tribune – The dollar may fall to a 10-year low as American pension, mutual and hedge funds increase their purchases of overseas investments. Three quarters of the money flowing into U.S. mutual funds in the first seven […]