Author Archives: Editor
Cazenove Absolute UK Dynamic fund to re-open
CityWire – Cazenove Capital is to re-open Paul Marriage’s Absolute UK Dynamic strategy after a turbulent period of performance and the departure of co-manager Neil Pegrum (pictured). A spokesperson for Cazenove Capital said there is around £60 million in spare […]
Man Group Sells AHL Fund to Retail Investors in Singapore
BusinessWeek – Man Group Plc, the world’s largest publicly traded hedge-fund manager, is for the first time marketing to individual investors in Singapore a fund which uses computer programs to identify trades in futures markets. Singapore investors can put a […]
AIFAM Starts Fund of Hedge Funds, Targets $150 Million From Japan Pension
Bloomberg – AIFAM Inc., a New York-based hedge fund with about $600 million in assets, started a fund of hedge funds that invests in managers who use a long-short equity strategy, as it aims to raise money from Japanese pension […]
Antarctica named Best Newcomer Fund of Hedge Funds at the 2010 HFMWeek US Awards
New York (HedgeCo.net) – In recognition of outperformance vs peers and benchmarks since inception, the Antarctica Credit and Distressed Fund Ltd has been named Best Newcomer Fund of Hedge Funds at the 2010 HFMWeek US Awards. The award was announced […]
Man Group Sells AHL Fund to Retail Investors in Singapore
Bloomberg – Man Group Plc, the world’s largest publicly traded hedge-fund manager, is for the first time marketing to individual investors in Singapore a fund which uses computer programs to identify trades in futures markets. Singapore investors can put a […]
Hedge Fund Fraud: Nicholson Gets 40 Years
New York (HedgeCo.net) – Hedge fund founder James Nicholson pleaded guilty to stealing up to $140 million in a Ponzi type scheme. He was sentenced to 40 years in prison on Friday by U.S. District Judge Richard Sullivan. The New […]
Hedge Fund Manager Chimay Charged Again In Bridge Loan Scheme
New York (HedgeCo.net) – New York hedge fund manager, Guy Albert de Chimay, who was arrested in North Carolina and charged with securities fraud this June has been accused of stealing an additional $690,000, according to Bloomberg. The New York […]
Hedge Fund Launch: Bluenose FX
Press Release – BVI-based investment manager Bluenose Capital Management is on schedule to launch its managed forex program, Bluenose FX, on November 1, 2010. The systematic forex program is aimed at U.S. qualified eligible persons as defined within CFTC rule 4.7 […]
Japan Hedge Fund Launches China & India ETFs
New York (HedgeCo.net) – Japan hedge fund manager, Nikko Asset Management Co., Ltd. has launched three new exchange traded funds (ETFs) which began trading on 22 October 2010. With the addition of these three ETFs, Nikko AM has now a […]
Big Ben’s Brilliant Bluff: To QE or Not to QE?
Seeking Alpha – Although the consensus agrees that Quantitative Easing (QE2) is merely a matter of degree, I disagree and see it only as an effort to remain relevant after two years in a zero-rate world. It’s a bluff and […]
TrimTabs: Underwater Hedge Funds To Get More Aggressive
Barron’s – Exercising extreme caution during September, hedge fund managers badly underperformed the overall stock market, according to a report by TrimTabs Research. It noted that the Barclay Hedge Fund Index advanced 3.5% last month. Meanwhile, the S&P 500 gained […]
A Look at Hedge Fund Longs and Shorts: Reducing Risk Assets
Seeking Alpha – Bank of America Merrill Lynch is out with their latest hedge fund monitor report examining various exposure levels. In it we see that overall, hedge funds were reducing risk assets. Across the board, it seems that hedge […]