Category Archives: Syndicated
Study Finds Few Hedge Funds Pocket Mythical ‘2 and 20’
The Wall Street Journal reports that the head of the Utah Retirement System is taking a stand on what he says are unfair hedge fund fees. As the Journal reports, Utah’s Larry Powell has extracted “better fees” from 10 of […]
Children’s Investment Fund tops FII seller this year
MSN India – The Children’s Investment Fund Management and its affiliates have emerged as the single-largest seller of Indian stocks among foreign institutional investors (FIIs). The hedge fund registered its biggest annual loss in 2008. The fund is liquidating its […]
MBIA Debt-Guarantee Split Sparks Hedge Fund Lawsuit
Bloomberg – MBIA’s split of its bond- insurance business was challenged by hedge funds alleging the move hurts owners of about $240 billion of debt while benefiting stock investors, executives and some policyholders. The reorganization, in which MBIA stripped $5.4 […]
Hedge Fund, Private Equity Titans Crowd Billionaire List
FINalternatives – The richest hedge fund manager in the world, clocking in as the 29th richest person in the world, is George Soros, whose $11 billion fortune actually increased during the difficult 2008. Joining him among the top 100 are […]
Citadel’s New Hedge Funds
Seeking Alpha – Ken Griffin’s Citadel has plans to roll out a few more funds, even after Citadel’s flagship funds had a rough year in 2008. One will focus on currencies and interest rates, one will focus on stocks, and […]
NAPF publishes ‘hedge funds made simple’
Politics.co.uk – The new guide, will be launched today at the NAPF Investment Conference in Edinburgh, provides a clear, easy to understand explanation of the main features of hedge funds as an investment for UK pension funds. As the role […]
Cornell’s Walsh Cuts Hedge Funds to Reduce Endowment’s Costs
Bloomberg – Cornell University is cutting its hedge-fund holdings by as much as 25 percent to save on fees after its endowment tumbled last year, Chief Investment Officer James Walsh said. “We are de-emphasizing the hedge funds and more emphasizing […]
Investors profiting from — and fixing — the financial crisis
Newsday – The latest development in the mortgage market fomenting outrage in the streets and condemnation across the media spectrum is the spectacle of rich investors — Wall Street traders, hedge fund operators, even former executives of the detested Countrywide […]
Ex-Goldman, Putnam managers to start hedge fund
InvestmentNews – Three former investment managers in Boston are planning to launch a hedge fund in April, according to a report published by FINalternatives, a news service of Stone Street Media LLC. The firm, Vernon Square Capital LLC, is developing […]
db x-trackers Launches First Hedge Fund ETF
IndexUniverse.com – Two new db x-trackers ETFs were admitted to trading on the Deutsche Boerse Xetra platform on Wednesday, one tracking a Deutsche Bank hedge fund index, and the other tracking the Russell 2000 Index. The db x-trackers db Hedge Fund Index ETF (ISIN: LU0328476337) […]
Funds Of Funds Hit Hard by Economic Downturn
CNBC – Hedge funds of funds, the middlemen that pension funds and endowments often use to create alternative portfolios, lost roughly one-third of their assets last year, according to new data released Tuesday. The industry’s largest funds of funds, managing […]
HudBay CEO’s exit doesn’t quiet critics
ReportonBusiness.com – A group of dissident shareholders enraged over HudBay Minerals Inc.’s corporate missteps is pressing on with plans to oust the company’s board even after the resignation of the mining firm’s embattled chief executive officer. HudBay said yesterday that […]