Category Archives: Syndicated
Farmers, Ranchers to Get Protection Against Misuse of Hedging Funds
24/7 Wall St. – The CME Group Inc. has initiated a $100 million fund to provide protection to family farmers and ranchers who hedge their businesses on the company’s futures markets: In light of the recent MF Global failure, in […]
Unigestion’s ex-head of hedge funds to launch Gougenheim Investments
Investment Europe – Philippe Gougenheim (pictured), former head of hedge funds at Swiss group Unigestion, has announced the launch of his new management company, Gougenheim Investments, based in Pfaffikon, Switzerland. The company will launch a global macro hedge fund named […]
Hedge Funds Gaining on CLOs Drives Up Volatility: Credit Markets
Bloomberg – Hedge funds and junk bond investors are emerging as the biggest buyers of leveraged loans, driving up borrowing costs and volatility as the share of the market held by collateralized loan obligations falls to a 14-year low. CLOs […]
SA hedge funds to grow
SA Times – Given the investment potential of emerging markets, together with improved regulation in South Africa, there is no reason why the local hedge fund industry can’t grow over the medium term to well in excess of R100 billion from […]
Funds of hedge funds: Change or die
FierceFinance – The poor performance of hedge funds in general was especially bad news for funds of hedge funds. On the surface, the poor performance confirms an identity crisis for funds of funds, one that began with the financial crisis. The […]
Goldman backs Robinson’s new hedge fund
Financial News – Robinson was co-founder of Trafalgar Asset Managers, a hedge fund manager in which Petershill bought a 20% stake in April 2008. The terms of the agreement gave Petershill the right to retain a passive minority stake in […]
Hedge fund Gottex to cut costs as assets shrink
Reuters – Swiss fund of hedge funds manager Gottex GFMS.S said it would slash running costs by 15 percent in 2012 after assets fell by some $1 billion (637 million pounds) from a year earlier as some large clients pulled […]
South Carolina Fund Gets No Gain Paying Big Fees, Treasurer Says
Bloomberg – South Carolina’s $26 billion pension fund paid excessive fees while trailing peers after an overseer invested half the plan’s assets with hedge funds and private- equity firms, state Treasurer Curtis Loftis said. The South Carolina Retirement System would […]
Hedge fund managers to outspend bankers on London homes
Reuters – Shrinking bonus pools in the City of London will reduce bankers’ clout in the capital’s buoyant prime housing market this year, with hedge fund managers set to outspend them for the first time, data from Savills showed. The […]
Hedge funds brace for euro zone break-up
Reuters – Nervous hedge funds managers are stress-testing their portfolios and searching for ways of protecting themselves against their worst nightmare — a potential break-up of the euro zone. With talks on restructuring Greece’s debt mountain still deadlocked, and the exit […]
Hedge fund Gottex to cut costs as assets shrink
Reuters – Swiss fund of hedge funds manager Gottex GFMS.S said it would slash running costs by 15 percent in 2012 after assets fell by some $1 billion (637 million pounds) from a year earlier as some large clients pulled […]
Hedge-Fund Bulls Add to Bets as Rally Accelerates: Commodities
Bloomberg – Hedge funds increased wagers on rising commodity prices to the most in two months and the rally in raw materials accelerated as the Federal Reserve pledged to keep borrowing costs low for three more years. Money managers raised […]