Category Archives: Syndicated
Hedge fund risks should not be underestimated, academic warns
Fund Web – The Alternative Investment Management Association is understating the risks hedge funds pose to global financial stability, according to one academic from the University of Leeds. Yesterday, the trade body representing the global hedge fund industry called on […]
Fixed Income remains hedge funds’ 2011 bright spot
Opalesque – Fixed Income has seen steady inflows this year and remains one of the few bright spots amongst hedge fund strategies. In June performance, fixed income arbitrage is proving itself once again to have the best opportunity set in […]
Pension funds increase alternatives allocation by 16%
Global Pensions – The use of alternative asset by pension funds grew by 16% in 2010 to $952bn, according to research by Towers Watson. At the same time total assets under management (AuM) of institutional fund managers increased by 12% […]
Hedge funds express concerns over Conn. taxes
AP – Gov. Dannel P. Malloy is reaching out to hedge funds as part of a campaign to boost Connecticut jobs. The governor’s jobs tour comes as Malloy could lay off about 6,500 state employees to close a budget deficit […]
Hedge funds dropped over Greek debt
Seattle Times – Hedge funds fell 0.2 percent in June as stocks slumped amid rising concern Greece would default on its debt and evidence the global economy was slowing. The Bloomberg aggregate hedge-fund index declined to 125.92 from 126.20 in […]
Nomura proprietary trader Fuchs plans own $400 mln hedge fund-source
Reuters – Benjamin Fuchs, who leads the Global Opportunities Group proprietary trading desk at Nomura Holdings Inc plans to start his own hedge fund of at least $400 million later this year, according to a source familiar with the matter. […]
Blackstone Wins Casino Work as Schwarzman Hedges LBOs With Restructurings
Bloomberg – Blackstone Group LP, the private- equity firm known for raising the largest buyout fund ever, has emerged from the recession with a new reputation: one of the world’s busiest restructuring advisers. Among casino resorts in particular, where fallout from the […]
HSBC Targets Instos With Hedge Fund Solution
Financial Standard – Institutional investors want more dynamic and interactive ways to invest in hedge funds according to HSBC, which has launched its customised hedge fund and alternative solutions in Australia. HSBC Alternative Investments Limited (HAIL) is a hedge fund […]
The New Class War: Closing a single hedge fund loophole would earn billions
Daily Kos – One of the tax breaks upon which President Obama has focused is a provision that allows hedge fund managers — who make billions annually — to receive a substantial tax break. This particular tax break, known as […]
Top commodities funds take fresh beating in June
Reuters – Two of the biggest commodity hedge funds suffered a second month of painful losses in June, falling victim to a rout across raw goods markets, a hedge fund investor told Reuters on Thursday. Clive Capital, a top commodities […]
Merrill ordered to pay hedge fund firm $64 mln
Reuters – An arbitration panel ordered a Merrill Lynch clearing unit to pay $63.7 million in damages to California hedge fund manager Rosen Capital Partners LP as compensation for losses during the 2008 financial crisis. The panel found Merrill Lynch’s […]
Man Group’s Japan fund launch wins back investors
The Globe and Mail – Man Group boasted stronger than expected inflows in its first quarter as demand from investors keen to profit from bleak financial markets helps the world’s biggest listed hedge fund manager accelerate its own belated recovery from […]