Author Archives: Editor

John Henry slashes 8 from Hedge Fund staff

November 16, 2009 : Permalink

New York (HedgeCo.net) – John Henry, perhaps best known as principal owner of the Boston Red Sox, has announced the firings of roughly one quarter of the staff at his Boca Raton, FL based investment company, John W. Henry & […]

Bond Fund Managers Beginning to Lock in Yearly Gains

November 16, 2009 : Permalink

New York (HedgeCo.net) – According to an article in last week’s Wall Street Journal, a sizable contingent of bond fund managers are taking advantage of this year’s robust market for debt securities by locking in yearly gains, content to wait […]

Hedge Fund Billionaire John Paulson puts his money on Citigroup

November 16, 2009 : Permalink

New York (HedgeCo.net) – According to a regulatory filing, Hedge Fund manager John Paulson’s of the $12.5 billion Paulson & Co. bought 300 million shares of Citigroup worth $1.45 billion. This move puts Paulson & Co. alongside other hedge funds […]

Hedge Fund Touradji drops Gold ETF and puts Gold Equity in Focus

November 16, 2009 : Permalink

New York (HedgeCo.net) – As the price of gold hits record highs, the $2.7 billion energy focused Hedge Fund Touradji drops holdings in the worlds largest gold-backed EFT the SPDR Gold Trust and brings its stake in Barrick Gold Corp […]

Hedge Funds Struggle

November 16, 2009 : Permalink

WSJ – The hedge-fund industry may be on track to deliver its best annual returns in years, but many managers still aren’t in a position to collect performance fees. Most hedge-fund fortunes were earned through the collection of performance fees, […]

Rajaratnam Arrest Jolts Sri Lanka’s Markets, Tsunami Survivors

November 13, 2009 : Permalink

Bloomberg – About 60 Muslim fishermen and their families congregated in a community hall on Sri Lanka’s east coast to pray for Raj Rajaratnam after he was arrested for alleged insider trading at his New York hedge fund. The billionaire […]

John Horseman to Step Down From Hedge Fund Management After Losses

November 13, 2009 : Permalink

New York (HedgeCo.net) – Bloomberg reported this morning that hedge fund manager John Horseman is stepping down from his position as manager of the $2.8 billion fund, Horseman Global Fund Ltd. “There will be those who might think that a […]

[Updated] Russian Hedge Funds lead the way in October

November 13, 2009 : Permalink

New York (HedgeCo.net) – Russia lead the way in October reporting gains of 4.16% in October. Emerging markets total index grew 1.55% in October and is up 36% this year. Latin America rose 2.18% for the month and Asia, excluding […]

Fund Administrators’ Role at Hedge Funds Second Only to Prime Brokers, Says TABB Group

November 13, 2009 : Permalink

New York (HedgeCo.net) – With a post-Madoff world fixed firmly in the rear-view mirror and new regulations on the horizon, a new report from TABB Group describes how the role of fund administrators is now among one of the most […]

Australian Hedge Fund Returns Dip After 7 Positive Months

November 12, 2009 : Permalink

Bloomberg: The Australian Fund Monitors Index, which tracks more than 200 hedge funds managed from within the country, ended its longest stretch of gains in almost two years. Australian Fund Monitors shows a YTD return of 14.61% with 30% of funds […]

UK Fraud Office Investigates London Hedge Fund – Oil Sales Contracts

November 12, 2009 : Permalink

New York (HedgeCo.net) – London-based hedge fund, Dynamic Decisions Capital Management, which operated the Cayman Islands-based Growth Premium Master fund is being investigated by the Serious Fraud Office (SFO). The hedge fund collapsed in April this year when investors applied […]

Korea Investment Corp: Near To Investing US$200M

November 12, 2009 : Permalink

WSJ – Korea Investment Corp., South Korea’s US$30 billion sovereign wealth fund, is close to investing US$200 million into two funds that invest in distressed real estate, Kyungoh Kook, director of KIC’s alternative investment team, said in an interview Thursday. […]