Category Archives: Syndicated
Living on the hedge
Business24-7 – With the UAE stock markets in turmoil it is vital investors re-examine their portfolios. This week the Abu Dhabi and Dubai stock exchanges suffered their worst trading sessions for almost seven months while Dh65 billion has been wiped […]
Hedge funds thrive on downturns says report
Hedge Funds Review Magazine – Hedge funds generally are more correlated in bull market runs and more de-correlation at market downturns. A comparison of the Credit Suisse/Tremont Broad Benchmark Index (HEDG), an asset-weighted broad benchmark of the hedge fund industry, […]
Hedge fund gets all of its ducks in a row
New Zealand Herald – Eyebrows were raised this week when New York hedge- fund Elliott International nominated two Kiwi businessman – including recently appointed Infratil director Mark Tume – to join the Telecom board. Telecom is on the fringes of […]
Prudential name Harvey McGrath as new chairman
Glasgow Daily Record – Insurers Prudential yesterday named the former boss of the world’s largest listed hedge fund manager as their new chairman. Harvey McGrath, 55, will join the board on September 1 and take over from Sir David Clementi […]
Index eyes bargains in biotech
Reuters UK – Bombed-out valuations present an unprecedented buying opportunity in the European biotech sector, according to venture capital firm Index Ventures, which is eyeing both early and late-stage opportunities. "It’s like being in a candy shop," partner Francesco De […]
Pickens’ hedge fund loses value
Reuters – The commodity half of oil tycoon T. Boone Pickens’s BP Capital hedge fund lost 35 percent of its value in July, the New York Post said, citing sources. The fund is believed to be down about 10 percent […]
Comedic relief with hedge fund humour
Globe and Mail – Hedge-fund manager Ben Shoval, wearing a green Thomas Pink shirt and a $1,600 Giorgio Armani suit, grabbed the microphone last week at New York’s Broadway Comedy Club to riff on his day job. The 31-year-old hedge […]
Is UBS Calling the End of Universal Banks?
The Money Times – Last year, I read an article in which David Herro outlined his rationale for owning shares of UBS in his Oakmark International fund. He focused on the value of its wealth management unit, which delivers stable […]
Who Charges More – Mutual Funds or Hedge Funds?
Seeking Alpha – Pop Quiz: Which are more expensive, hedge funds or mutual funds? Sounds like a pretty dumb question, right? Well as regular readers will know, this question is actually central to our views here at AAA. Over two […]
Swing back to bank stocks is overdone, says Merrill Lynch
Times Online – The fashionable investment tactic of the past month – buying bank stocks while selling energy companies – could already have gone too far, Merrill Lynch, the financial management group, warned clients yesterday. In mid-July, hedge funds, pension […]
Tokio Marine Makes Gradual Shift to Hedge Funds as Prices Drop
Bloomberg – Tokio Marine Holdings Inc. will shift more of its 11 trillion yen ($100 billion) in assets to hedge funds and scour the globe for bargains as the credit squeeze forces down prices. Tokio Marine & Nichido Fire Insurance […]