Author Archives: Editor
Hedge funds for the average investor
Bankrate.com – Alternative assets are a good diversification tool because they’re generally not correlated to the stock market. This means when the market goes down, alternative assets may go up or stay the same and vice versa. Large investors such […]
Euromoney Launches International Hedge Fund Magazine
West Palm Beach (HedgeCo.net) – International publishing and information company, Euromoney Institutional Investor, is launching a new magazine and online offering covering US and international hedge funds in September. The new publication will be titled “AR”. “The publication will include […]
SAC Hires Back Two Hedge Managers in London Let Go Months Ago
Bloomberg – SAC Capital Advisors LLC, the $14 billion hedge-fund firm run by Steven Cohen, rehired two London money managers nine months after they were let go, according to three people familiar with the situation. David Morant and Ben Halfacre […]
Swiss topple U.S. as most competitive economy: WEF
Reuters – Switzerland knocked the United States off the position as the world’s most competitive economy as the crash of the U.S. banking system left it more exposed to some long-standing weaknesses, a report said on Tuesday. The World Economic […]
AR Capital’s Connelly Seeks to Grow Hedge Fund to $250 Million
Bloomberg – AR Capital Management, a hedge-fund manager run by two former Goldman Sachs JB Were Ltd. bankers, aims to more than triple the size of its Australian equities long-short fund. The Ascot Long Short Equity Fund, which trades Australian […]
Geneva Funds of Hedge Funds Outflows Outpace Global Redemptions
Bloomberg – Geneva funds of hedge funds have failed to repair the damage caused by market losses and Bernard Madoff as investors withdrew money four times faster than the global average in July. Withdrawals climbed to $2 billion from $500 […]
Scottish fund managers are hiring again
eFinancialCareers – It would be churlish to suggest a 2007-style fund management poaching frenzy was back on the cards in Scotland, but there has been definite movement of late. Some firms are looking to build their investment teams, which means […]
Bank of China to launch yuan funds in Switzerland
Reuters – Bank of China will launch the first yuan-denominated investment funds in Switzerland as Chinese investors expand their horizons and look to manage exchange rate risk. The yuan funds, to be invested in a range of global assets, will […]
Dutch pension funds criticise EU hedge fund rules
Reuters UK – The Dutch pension fund sector has joined criticism of a European Union regulatory directive for hedge funds and private equity, saying the new rules may cut investment opportunities and raise costs. The EU’s draft “Alternative Investment Fund […]
Katana’s Hedge Fund Bets on Coal Producers, Asset Managers
Bloomberg – Katana Capital Ltd., manager of Australia’s fifth-best performing hedge fund this year, is betting on coal as growth in China and India fuels energy demand. “Australia is in a lot of respects the Saudi Arabia of the coal […]
Ex-Korea Sovereign Fund CIO Ong Plans Hedge Fund
Bloomberg – Guan Ong, former chief investment officer of South Korea’s sovereign wealth fund, is setting up a hedge fund to trade Asian bonds that he forecasts will benefit from a “period of economic uncertainty.” Blue Rice Investment Management’s BRIM […]
Third Avenue Launches Credit Fund, Hires Blackrock Hedge Fund Specialist
West Palm Beach (HedgeCo.net) – Third Avenue Management LLC, the investment adviser to the Third Avenue Funds has launched the Third Avenue Focused Credit Fund, capitalizing on credit, distressed and value equity investing. “The current market environment provides attractive opportunities […]