Category Archives: Syndicated
Hedge Funds Weather August Global Market Rout Trading Gold at Record Price
Bloomberg – Hedge funds run by Orix Investment Corp., Superfund and Four Elements Capital Management Pte benefited from the surge in gold last month, weathering the U.S. sovereign downgrade and Europe’s deepening debt crisis. The Orix Commodities Fund, which uses computer […]
Hedge fund inflows advance 2.27%, says GlobeOp
StockMarketWire – Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 2.27% in September. GlobeOp Financial Services CEO Hans Hufschmid said: “Net inflows for the month were the second highest this year, and the highest for September […]
Hedge funds pullout dims market recovery
Business Day – The global economy is under threat of another round of crisis with the mounting debt profile in the Eurozone and downgrade of the United States economy. The impact of this looming crisis is already reverberating in the […]
Investors back hedge funds as safe havens vanish
Reuters – Withdrawals from hedge funds in September fell to their lowest level since before the credit crisis, as investors nervous over traditional ‘safe havens’ such as the Swiss franc and gold plumped for portfolios expected to make money in […]
Europe’s first social media based hedge fund launched
The Drum – City traders are augmenting more traditional channels of information to embrace Twitter as a real time reflection of global events which could influence share price movements. The data is fed into traders into a gauge of the […]
Saba Capital: A hedge fund bright spot
CNN – While some of the largest and most prominent hedge funds reeled in August, Boaz Weinstein’s Saba Capital was up 2.5% for the month, pushing the flagship fund up 7.3% for the year, according to an investor in the fund. […]
Yahoo Shares Jump After Hedge Fund Infusion, Takeover Buzz
CNBC – Yahoo shares surged after an activist investment hedge fund announced it had purchased a stake in the company and amid rumors that Yahoo’s co-founder may be trying to buy back the company. The stock jumped 6.1 percent to close […]
Fortress Commodity Fund Said to Beat BlueGold in August
Bloomberg – The $1.1 billion Fortress Commodities Offshore Fund Ltd. had its best month ever in August by betting on price declines for oil and copper, beating bigger rivals Clive Capital LLP and BlueGold Capital Management LLP. Fortress, the commodity […]
Serious Fraud Office criticised for closing Weavering Capital investigation
The Telegraph – The agency said it had abandoned the search for $500m (£313m) of losses at Weavering – more than two years after the dawn arrests of executives Magnus Peterson and Edward Platt. The pair, who maintained a company […]
Hedge funds hit by Obama tax reforms
GFS News – Large corporations and hedge funds in the US face an end to lucrative tax loopholes after President Barack Obama unveiled a new $450bn(€326bn) package aimed at boosting employment. The American Jobs Act, if passed by Congress, could […]
Hedgies lose 2.3% in August, but macro and short-biased funds rise
Global Pensions – Hedge funds are now down a modest 1.2% for this year after a 2.3% loss in last month’s turbulent markets, concentrated among equities and event-driven strategies, eliminated hard-won gains up to July. August’s figure, registered by data […]
Getting Your Hedge Fund Allocation While Avoiding The Next Madoff
Seeking Alpha – A friend tipped me off to the upcoming documentary, “Chasing Madoff,” detailing the uncovering of the biggest hedge fund scheme in history. Hedge funds have always been something of a mystery among the general investing public. The […]