Category Archives: Syndicated

Paulson’s Main Hedge Fund Gained 2.4% in October, Paring Loss for the Year

Bloomberg – John Paulson, the hedge-fund manager having the worst year of his career, rebounded 2.4 percent in his main fund in October and climbed in all his strategies, according to an investor update obtained by Bloomberg News. Paulson’s main […]

Man Group Shares Rise on Buyback, October Decline in Client Redemptions

Bloomberg – Man Group Plc,  the biggest publicly traded hedge fund, said it would buy back $150 million of stock and that redemptions declined in October. The shares rose. Man Group plans to use a portion of its $1 billion of […]

Jefferies faces possible liquidity crunch

CNN – The contagion from the rapid downfall of the once little-known financial firm MF Global continues to spread through Wall Street. The investment bank Jefferies is the latest potential casualty. Dozens of Jefferies hedge fund clients are scrambling to […]

Industry Experts Debate Key Issues for Investment Funds in 2012

Market Watch – Leading International Financial Centre law firm Walkers returns to New York for the latest in its highly commended series of ‘Fundamentals’ seminars where industry experts will debate the key issues for hedge funds and offer their predictions […]

India-focused funds among the worst performers

Business Standard – The sharp decline in the rupee has hurt the performance of India-focused hedge funds. This year, they have been among the worst performers globally. India-focused funds lost 17.8 per cent of their net asset value (NAV) till […]

Annaly CEO Prepares ‘War Chest’ As Banks, Hedge Funds Shed Risk

Dow Jones – Banks, hedge funds and other financial institutions are “raining assets” on the markets as they reduce risk, countering the Federal Reserve’s efforts to stimulate the economy, the head of a mortgage bond investment firm said Wednesday. Annaly Capital Management (NLY) […]

Asian hedge funds AuM decline to $82bn in Q3 despite investor inflows of $1.4bn says HFR

Opalesque – Global hedge fund investors allocated over $1.4 billion in net new capital to Asian hedge funds in 3Q11 as global financial markets responded to developments in the European sovereign debt crisis and weakening economic growth prospects across developed economies, according to the […]

Fortress Profit Falls 45% as Hedge Funds, Investments Decline

Businessweek –  Fortress Investment Group LLC, the buyout and hedge-fund firm run by Dan Mudd, said third-quarter profit fell 45 percent as hedge-fund performance weakened and it earned less from its investments. Pretax distributable earnings, which exclude some compensation costs […]

Boats with holes

Economist – Hedge fund managers tend to dread deadlines, rather like journalists do. On October 31st John Paulson, a wildly successful hedge-fund manager, faced a deadline for investors to give notice that they are withdrawing money from his hedge fund. […]

Fortress Profit Falls 45% as Hedge Funds, Investments Decline

Bloomberg – Fortress Investment Group LLC, the buyout and hedge-fund firm run by Dan Mudd, said third-quarter profit fell 45 percent as hedge-fund performance weakened and it earned less from its investments. Pretax distributable earnings, which exclude some compensation costs […]

Nobel Winner Joins Hedge Fund

DealBook – Hedge funds have a reputation for attracting the best and brightest on Wall Street, but the industry has a knack for pulling heavyweights from academia, too. The latest is Thomas J. Sargent of New York University, this year’s co-recipient of […]

Greek government teeters on brink of collapse in wake of referendum plan

The Guardian – The French president Nicolas Sarkozy and German chancellor Angela Merkel will hold emergency talks on Wednesday in a desperate attempt to hold the eurozone together and formulate a response to the Greek prime minister’s plan for a referendum on the austerity […]