Author Archives: Editor
Onshore Brazilian hedge fund gives domestic investors access to offshore managers
Hedge Funds Review – Financial Risk Management (FRM), a fund of hedge funds (FoHF) manager, is launching the first onshore Brazilian fund. The vehicle will invest solely in offshore hedge funds with the aim of tapping the Brazilian pension funds industry. […]
Hedge-Fund Refuge Sought by Traders Amid Bank Cuts: Commodities
BusinessWeek – Damien Bombell left JPMorgan Chase & Co. a year ago after the largest and most profitable U.S. bank shut its group trading commodities for the company’s own account. Now chief investment officer of his own hedge fund, he’s […]
China hedge fund bears look good in shorts
Reuters – Hedge funds betting against China have earned outsized returns this year by shorting mainly property and auto stocks and positioning their portfolios to benefit from a feared hard-landing by the world’s second-biggest economy. The winners include the $1.7 […]
Eurekahedge: December 2011 Hedge Fund Report
New York (HedgeCo.net) – U.S. hedge funds posted an average return of -0.87% in November, outperforming global equity markets by 2.35% as managers focused on capital preservation strategies, according to Eurekahedge. The MSCI World Index fell by as much as 10% […]
Whatever the Strategy, Hedge Funds End 2011 With A Whimper
Dow Jones – No matter which road they traveled, many hedge funds hit a dead end this year, judging from performance data compiled by Dow Jones Indexes and Credit Suisse Group AG. All seven trading strategies tracked by the Dow […]
FBI Pulls Off ‘Perfect Hedge’ to Nab New Insider Trading Class
BusinessWeek – The New York field office of the FBI sits a block west of Foley Square, where Roman and Greek- inspired courthouses with four-story colonnades loom over a small town of judicial institutions in which the biggest of America’s […]
Korean hedge funds to debut this week
Korea herald – The list of the nation’s first homegrown hedge funds will be unveiled this week. More than 10 “Korean-style” hedge funds are expected to make their historic debut on Dec. 23, according to the Financial Services Commission and […]
Hedge-Fund Refuge Sought by Traders Amid Bank Cuts: Commodities
Bloomberg – Damien Bombell left JPMorgan Chase & Co. (JPM) a year ago after the largest and most profitable U.S. bank shut its group trading commodities for the company’s own account. Now chief investment officer of his own hedge fund, he’s hiring […]
Falcon E&P Opportunity Fund Closes Above $163 Million
Falcon E&P Opportunities GP, LLC (“Falcon”), a company specializing in direct onshore oil and gas investments, today announced that its Falcon E&P Opportunities, Fund, L.P. had a final close with $163.2 million in capital commitments. Falcon is a joint venture between PetroCap […]
Saudi Prince Invests $300 Million in Twitter
DealBook – Prince Walid bin Talal of Saudi Arabia announced he had taken a $300 million stake in the social media site Twitter, as he continues to expand his holdings in the United States. The investment by Prince Walid and the Kingdom […]
Three London Hedge Funds Set to Pay Partners $3 Billion, FT Says
Bloomberg – Three of London’s biggest hedge funds are likely to pay their top partners a total of more than $3 billion this year, the Financial Times reported, without saying where it got the information. The expected payouts by Brevan […]
New York City takes anti-hedge fund tax stance
Opalesque – New York City has long held a reputation as America’s financial center. The city is home to major exchanges, banks and some of the world’s largest hedge funds. Indeed, the city’s mayor Michael Bloomberg made a name for himself […]