Author Archives: Editor

Reuters – AXA Investment Managers (AXA IM) is planning to launch a series of funds of hedge funds that it hopes can protect investors from shock market events and longer-term market trends, after a volatile summer in which such funds […]

Dow Jones – Hedge funds posted the strongest monthly gains so far this year in October, riding on the equities market’s strong rebound. However, the HFRI Fund Weighted Composite Index’s 2.43% gains in October were less than the S&P 500’s […]

Huffington Post – A minuscule tax on financial transactions proposed by congressional Democrats would raise more than $350 billion over the next nine years, according to an analysis by the Joint Tax Committee, a nonpartisan congressional scorekeeping panel. The analysis […]

The Chronicle – Hedge funds raised bearish bets on natural gas to the highest level in five weeks as increased output sent stockpiles toward a record. The funds and other large speculators more than doubled wagers on falling prices in […]

Bloomberg – Citigroup Inc., the third-biggest U.S. lender, invested about $800 million of shareholders’ money in its own private-equity and hedge funds during the third quarter as regulators seek to curtail the practice. The bank invested the money in “Citi-advised” […]

Bloomberg – California Public Employees’ Retirement System, the largest U.S. public pension fund, is likely to increase or maintain hedge fund investments next year after a review, Chief Investment Officer Joseph Dear said. Calpers staff is scheduled to make recommendations […]

eFinancial News – Hedge funds are having a lousy sovereign-debt crisis. The average fund has failed to protect investors’ capital, losing more than 5% of its value this year, according to Hedge Fund Research. Event-driven, macro and market-neutral strategies are […]

Dow Jones – Roger Gray became chief investment officer of the Universities Superannuation Scheme, the UK pensions fund for employees in higher education, two years ago. Here, he talks about the scheme’s strategy. Financial News: What are your scheme’s statistics? […]

Reuters – Commodities trading house Trafigura is planning to double the size of its fund arm Galena with the launch of a new private equity fund and the roll out of a macro fund to outside investors, according to an […]

The Grapevine – Senior IT professionals working for hedge funds will receive an increase in bonuses of up to 60% this year, according to research from ReThink Recruitment. Bonuses for some of the top performing IT staff – who work […]