Category Archives: Syndicated
Technology helps commodity funds outsmart market
Reuters UK – Artificial intelligence is helping trend-following commodity hedge funds triumph in treacherous markets when human brains alone aren’t enough. With industry data showing the average hedge fund down 20 percent or more this year due to strategies messed […]
Permal Suspends Withdrawals From Two Hedge Funds Run by NWI
Bloomberg – Permal Group temporarily blocked clients from taking money out of two hedge funds that invest with NWI Management LP while NWI changes its redemption rules, according to two people familiar with the matter. The firm, based in London, […]
What Can Hedge Funds Expect from President Obama?
New York Times Blogs – After pouring money into Barack Obama’s campaign, what can hedge funds and their executives expect from the new president? If history is any exmaple, says FINAlternatives, they shouldn’t expect a cuddly relationship. Mr. Obama didn’t […]
With the end of the US election, managers begin to plan for new administration’s effects on economy and regulation
Opalesque – For the US financial markets, as the credit crisis unfolded there was, along with the desire for immediate action, a sense that the government was taking temporary steps until the election would decide which administration would be the […]
Hedge fund Autonomy Capital halts withdrawals-report
Reuters – Autonomy Capital Research LLP, a $1.7 billion hedge-fund firm run by former Lehman Brothers Holdings Inc trader Robert Gibbins, halted withdrawals from its flagship fund after losses this year, Bloomberg reported on Tuesday. The $1.2 billion Autonomy Capital […]
Hedge fund lowers takeover bid for Epicor Software
CNNMoney.com – New York hedge fund Elliott Associates LP lowered its offer price Tuesday for Epicor Software Corp., saying in a letter it was "extremely disappointed" Epicor’s board had recommended shareholders reject a takeover. Elliott, a large shareholder in the […]
PMA says Harvester hedge fund up 4.83 pct in Oct
Reuters – Hedge fund manager PMA said on Wednesday its flagship macro vehicle focusing on foreign exchange and interest rate markets returned 4.83 percent in October, even as the global financial crisis ravaged many of its peers. The unit of […]
Blue Mountain freezes fund in face of withdrawals
Reuters – Blue Mountain Capital Management LLC has temporarily halted redemptions at its largest hedge fund after clients asked to withdraw money despite its "distinguished" performance, according to a letter to its investors. New York and London-based Blue Mountain said […]
3i Infrastructure buys bonds from distressed hedge funds
Telegraph.co.uk – 3i Infrastructure, which is 43pc owned by private equity group 3i, said it had exploited an "anomaly in the market" and added it was keen to take part in any purchase of Gatwick, after BAA was told it […]
VW squeeze may hit hedge funds frozen by Lehman
Reuters – Several hedge funds with assets frozen at Lehman Brothers may have been hit by wrong-way bets on Volkswagen, industry executives said, possibly hurting funds on trades they cannot close. While no money has yet been demanded by the […]
Dow Jones Suspends 2 Hedge Fund Benchmarks Amid Deleveraging
CNNMoney.com – Dow Jones & Co. has suspended the publication of two hedge-fund benchmarks and the Dow Jones Hedge Fund Balanced Portfolio Index that incorporates them, saying that the underlying hedge funds have been deleveraging in an effort to reduce […]