Author Archives: Editor
Bermuda Fund Amendment Act Attracts Japanese Investment
New York (HedgeCo.net) – Bermuda has introduced regulatory rules aimed at facilitating and attracting investment by Japanese retail investors into Bermuda domiciled hedge funds, which are expected to result in significant growth and development in Bermuda’s investment funds industry. The […]
New: Morningstar’s Analyst Rating and Global Fund Reports for Alternative Mutual Funds
New York (HedgeCo.net) – Hedge fund tracker Morningstar has introduced the Morningstar Analyst Rating™ and Global Fund Reports for approximately 40 alternative U.S. mutual funds, representing about 75% of the alternative fund universe by assets. Over the next year, the […]
SAC Capital’s Cohen questioned by SEC investigators
Reuters – The U.S. government is again shining the spotlight on hedge fund titan Steven A. Cohen amid a high-profile campaign to root out improper trading on Wall Street. Cohen, whose $14 billion SAC Capital ranks as one of the […]
Troubling times for high fee ‘concierges’
Money Control – In early 2008 Union Bancaire Privée was the world’s biggest investor in hedge funds. The bank – a polished and publicity-shy member of the Swiss financial scene run by the de Picciotto family since being founded in […]
Hedge funds hurt in third May commodity rout
Economic Times – For the third straight year, May proved a disaster for hedge funds that specialise in commodities as raw materials from copper to oil fell into bear markets. Funds tracked by the Newedge Commodity Trading Index lost an average 3% last month, […]
Lonely Hedge Fund Bullish on Greece Tries to Woo Investors
BusinessWeek – As the founder of a hedge fund that plans to buy nothing but Greek stocks, George Elliott is used to being treated as a curiosity. In March, Elliott met with the investment chief of a family office in […]
Hedge fund stars ponder “moment of truth” in Monaco
Reuters – Tucked into corners of Monaco’s plush Meridien hotel and on lonely tables in sun-kissed bars overlooking the Mediterranean, anxious hedge fund managers contemplate the next six months that could make or break their careers. Behind the glitz of […]
Hedge funds get exotic in hunt for profits
Reuters – Investors fed up with losses from their mainstream hedge fund holdings are eyeing some exotic alternatives. How exotic? How about portfolios betting on Chinese companies embroiled in fraud probes? Or funds looking to arbitrage prices in the electricity […]
Moody’s expected to downgrade UK banks tonight
Guardian – The market has been awaiting the news of a review by Moody’s ever since the agency first announced in February that it was looking at more than 100 financial institutions in Europe and a handful of US banks. […]
U.S. SEC Adopts Rule For Exchanges on Compensation
Reuters – Securities regulators said on Tuesday [June 19] they approved a new rule that requires stock exchanges to force the companies that list on them to meet certain compensation standards, which was mandated by the 2010 Dodd-Frank financial regulation […]
The evolution of the hedge fund industry
New York (HedgeCo.net) – The hedge fund industry has undergone significant change since the beginning of the financial crisis, resulting in the need to grow operational infrastructure and increase transparency, says a report by KPMG, and the Alternative Investment Management Association (AIMA). […]
The Dow Jones Credit Suisse Hedge Fund Index Finished Down 1.33% in May
New York (HedgeCo.net) – The Dow Jones Credit Suisse Hedge Fund Index (the “Broad Index”) finished down 1.33% for the month of May. Index May-12 Apr-12 2012 YTD Broad Index -1.33% -0.04% 2.61% Convertible Arbitrage -0.84% -0.23% 3.74% Dedicated Short […]