Author Archives: Editor
Record hedge fund inflows come at a price
FT – For hedge funds, with all due deference to Dickens, this is the best of times, and this is the worst of times. Never since the sector began to take on meaningful shape some two decades ago has its […]
A changing of the guard in commodities hedge funds
FN – A super-cycle during the last decade, driven by high demand from China, created fertile ground for funds making big, directional bets. However, in more recent years clear trends have deserted the market and volatility has reduced, according to […]
Paulson hedge funds backing recovery in Greek banks
Reuters – Funds run by billionaire investor John Paulson see Greece’s recapitalised banking sector as an attractive investment play on the country’s recovery after a deep six-year slump. Encouraged by Greece’s rising exports and a rebounding tourism sector, U.S. hedge […]
Hedge Fund Managed by Star Opens to Institutions
WSJ – A star mutual-fund manager is opening up his nascent hedge fund to institutional investors. Bruce Berkowitz , the 55-year-old president of Fairholme Capital Management LLC, launched the fund on Jan. 1 and it has grown to $140 million, […]
North Carolina Increases Losing Hedge-Fund Bets for Pension
Bloomberg – In one of the few things Republicans and Democrats can agree on in North Carolina, the state is adding to its losing bets on hedge funds, private equity and real estate to pump up lagging returns at its […]
Computer-driven hedge fund Density to shut down
Reuters – Sweden-based hedge fund Density is to close after a poor performance, its manager told Reuters on Tuesday, as computer-driven funds struggle to cope with markets dominated by central bank money-printing. Density’s troubles reflect those of high-profile computer-driven (also […]
Hedge Funds Expand Bets With Most Junk Since ’08: Credit Markets
Bloomberg – Hedge funds have amassed the greatest share of the $1.2 trillion U.S. junk-bond market since the credit crisis, raising concern bets with borrowed cash will accelerate losses when the Federal Reserve stops printing record amounts of money. The funds, which typically […]
Wake us up when the US defaults, hedge funds say
CNN – Fund managers are barely paying attention to the drama in Washington, because they say it’s impossible to make bets ahead of a debt resolution. And nearly every fund manager expects a resolution, even if it goes down to […]
Hey Banksy: Hedge Fund Manager Wants To Collaborate To Help Sandy Victims
New York (HedgeCo.Net) – Former managing Director at Deutsche Bank and CEO of hedge fund Saiers Capital (formerly Alphabet Management), has offered street artist Banksy $100,000 to donate to a charity of his choice. “The rumor is that you are in […]
Fairholme Opens Hedge Fund to Institutional Investors
WM – Star manager Bruce Berkowitz’s Fairholme Capital Management LLC is opening up its nine-month-old hedge fund to institutional investors, The Wall Street Journal reported on Sunday. Launched on Jan. 1 by Miami-based Fairholme, the Fairholme Partnership LP hedge fund […]
Canadian Hedge Fund of the Year Awards
The Vision Opportunity Fund Limited Partnership II (“Vision LP II”) received an award at the 2013 Canadian Hedge Fund of the Year Awards held last night hosted by KPMG. The Vision LP II received the award for the second highest Three-Year Annualized […]