Tag Archives: 1-billion
Hedge Funds Had Net Inflows of $10.6 Billion in July
Bloomberg – Hedge fund assets increased by $10.6 billion in July, rising for a third straight month, as managers trading shares benefited from global stock market gains, according to Eurekahedge Pte. Net inflows into the industry totaled $2.1 billion, while […]
Atticus Chief Exits, Leaving High Water Mark Behind
CNBC – Another of the once giant hedge funds is all but closing its doors. Atticus Capital founder Timothy Barakett, 44 years of age, is shuttering his flagship fund and returning $3 billion in capital to his investors. The roughly […]
Riding a green tide: Matthew Goldstein
Reuters – PetroAlgae is one of those many clean-tech companies that seem to burn through cash faster than a Hummer goes through a gallon of gas. Yet something curious is going on with shares of this Melbourne, Florida-based company, which […]
New funding sought for U.S. “clunker” program
Reuters – The U.S. government’s $1 billion "cash for clunkers" auto sales incentive program reached its funding limit unexpectedly after an avalanche of business exhausted its funds, an Obama administration official said late Thursday. Auto dealers began offering government-backed rebates […]
UPDATE 2-Gottex AuM down 4.6 pct in Q2, sees better H2
Reuters – Gottex Fund Management Holdings Ltd said on Wednesday assets under management slipped 4.6 percent to $8.1 billion in the second quarter, denting its shares, but it saw some positive signs for the second half. The fund of hedge […]
KIC to hedge against inflation
Korea Herald – The CEO of Korea Investment Corp. said yesterday the company would invest $1 billion in inflation-hedging assets such as price-linked bonds, commodities and real estate assets as part of its exit strategy, amid rising concerns over possible […]
Man Group sees net inflow from private investors
Reuters UK – Man Group, the world’s biggest listed hedge fund firm, reported a rise in sales to private investors and said it expects to return to overall net client inflows in its second half, boosting its shares. In a […]
Hedge fund firm Polar assets fall, sees new inflows
Reuters – Hedge fund firm Polar Capital reported a fall in assets but has seen net inflows in recent months and said on Wednesday it was looking "more aggressively" at buying firms in distress. Polar said assets under management fell […]
Hedge fund firm Polar Capital says assets $1.54 bln
Reuters – Hedge fund firm Polar Capital said on Wednesday that its assets under management had fallen to $1.54 billion at end-May compared with $3.1 billion at end-March 2008. The firm said pretax profit for the year to March 31 […]
Hedge Fund Cantillon Closing: Converting to Long Only Fund
Seeking Alpha – William von Mueffling’s Cantillon Capital Management will be closing down the hedge fund portion of its business. The fund will wind down its positions except for $1 billion worth of long positions as it reverts to a […]
