Author Archives: Editor
Hedge Fund Launch: Opal Fund
New York (HedgeCo.net) – Emeralt Investments is launching the Opal Fund 1 September 2010 to add to its range of Eastern Europe hedge funds. With significant seed capital from a Swedish investment company, Opal will take liquid long and short positions […]
Rogers’ CFO caught in frozen Spork fund
Financial Post – Bill Linton, the chief financial officer of cable giant Rogers Communications Inc., is among more than 200 Canadian investors who lost access to millions of dollars when regulators stepped in with accusations of investment fraud at high-flying […]
Bloomberg Convenes Top Financial Minds at Asia Hedge Funds Summit
KansasCity.com – As growth in Asia outpaces the rest of the world and its economy continues to be a vibrant economic hub, Bloomberg LINK is set to bring together key investors and financial experts to discuss the rapidly changing hedge […]
Minnetonka hedge fund faces $5.1B clawback in Petters case
Star Tribune – A Minnetonka-based hedge fund could be on the hook for up to $5.1 billion in so-called “fraudulent transfers” it received for more than a decade from Petters Co. Inc. (PCI), the vehicle for the $3.65 billion Petters […]
Paulson’s Flagship Fund up 12 Percent
Reuters – Bolstered by a surprising September stock-market rally, billionaire hedge fund manager John Paulson’s flagship Advantage Plus fund jumped more than 12 percent last month, recovering this year’s losses, according to a person familiar with the fund. Paulson’s other […]
Hedge Fund Industry Rejects Fears of U.K. Exodus
WSJ – Senior figures within the hedge fund industry have poured cold water on the idea that as many as a quarter of employees have left the U.K. for Switzerland, but they warn that the number of departures is on […]
Hedge Funds Post Year’s Biggest Gain as Stock Market Rebounds
Bloomberg – Hedge funds probably recorded their highest monthly return of the year in September, Credit Suisse Group AG said, as the benchmark gauge for U.S. equities posted its biggest rally for the month since World War II. The Credit Suisse Liquid […]
Hedge Funds Posted their Best Performance Year-to-Date in September
Returns for the LAB Liquid Indices suggest that hedge funds produced their best monthly returns year-to-date amid September’s market rally according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse. Dr. Drachman noted, “The Credit Suisse […]
Hedge Fund Launch: AQR Risk Parity Fund
New York (HedgeCo.net) – Market-neutral hedge fund management firm, AQR Capital Management (AQR), announced the launch of AQR Risk Parity Fund, the newest addition to its mutual fund family. The new no-load mutual fund, open to retail and institutional investors, began […]
Wealthy look at hedge funds differently
Reuters – Wealthy investors, whose millions helped fuel the hedge fund industry’s early growth spurt, still want to own alternative assets but on new terms, bankers to the world’s richest families said on Monday. Less than two years after the […]