Author Archives: Editor
Audio: Questions raised over diversification benefits of hedge funds
Hedge Funds Review – Naked Short Club discussion raises questions about whether hedge funds still provide diversification, as well as Esma’s final advice on the alternative investment fund managers (AIFM) directive. Questions about whether the hedge funds have lost their diversification […]
Threats seen to Dubai World unit $2.2 billion debt deal
Reuters – A potential $2.2 billion debt restructuring for Drydocks World, the shipbuilding arm of indebted Dubai World DBWLD.UL, is seen facing tough headwinds with the presence of hedge funds and a lack of government aid seen threatening an amicable […]
The Fed Tipped Investors On Operation Twist
Forbes – It could be the Terrific Ten large cap stocks that hedge funds have concentrated their bets that’s made 2011 a losing year for big money. Thanks to the Zerohedge web site and my mysterious competitor Tyler Durden that we know […]
Wells Fargo Hedge Fund Manager Holdings Index Launch
New York (HedgeCo.net) – Wells Fargo & Company has launched the Wells Fargo Hedge Fund Manager Holdings Index. The Index measures the real-time performance of the 100 largest positions in equities and equity-related securities as reported quarterly to the Securities […]
FSA fines hedge fund compliance officer
Banking Business Review – The Financial Services Authority (FSA) has fined hedge fund compliance officer Sandradee Joseph £14,000 for failing to act with due skill, care and diligence. FSA has also banned Joseph from performing any significant influence function in regulated […]
DMS’ Seymour calls for CIMA regulation of fund directors
Cay Compass – Don Seymour, managing director of DMS Management, one of the largest fund governance firms in the Cayman Islands, called for closer regulation of hedge fund directors by the Cayman Islands Monetary Authority and the introduction of a […]
Hedge Funds Are An Expensive Way To Lose Money
Forbes – A recent article by Stephen Taub (“More than 80% of Hedge Funds Underwater”, Institutional Investor,October 21, 2011) found that 80% of hedge funds lost money on a year-to-date basis, as of September 30. I think hedge funds play a diversifying role in […]
Texas Permanent School Fund going direct with partnerships
Pensions & Investments – Texas Permanent School Fund, Austin, on the recommendation of its investment staff, is restructuring its $2.5 billion hedge fund portfolio to move from a fund-of-funds approach to direct investment through strategic partnerships. The Permanent School Fund […]
Asia hedge funds embracing transparency to win cash
Reuters – Asian hedge funds, starved of capital, are increasingly giving up their treasured secrecy and allowing clients more control of their investments in order to draw money from institutions. The so-called managed accounts that more Asian hedge funds have […]
Two Cold-Callers Sentenced To Over 5 Years For $18 Million Hedge Fund Fraud
New York (HedgeCo.net) – William Shternfeld and Benjamin Koifman have been sentenced in a NY court to 63 months each in prison for participating in a conspiracy to defraud investors of more than $18 million through a fraudulent hedge fund, the […]
Hedge Funds Reported up 1.1% to 1.73% in October
New York (HedgeCo.net) – The Dow Jones Credit Suisse Hedge Fund Index posted its largest monthly gain since April and finished up 1.73% in October. A new monthly commentary offers insight into hedge fund performance through the month of October. […]