Tag Archives: fourth-quarter
No country for stimulus packages – SilkInvest on MENA Hedge Funds
New York (HedgeCo.Net) – In an update from MENA hedge fund investor SilkInvest, CEO Baldwin Berges writes, “While the major economies are still fuelled on policy support level, there are several economies in our region of focus that benefit from […]
Pension fund rethink may buoy hedge funds-Lipper
ZURICH, June 9 (Reuters) – Hedge fund outflows of $116 billion in the first quarter of 2009 were the second highest since 1994, Lipper data show, yet hedgies may yet receive a boost from some pension funds before the end […]
Einhorn’s Greenlight Hedge Fund Purchases Ford Debt
Bloomberg – Greenlight Capital Inc., the hedge- fund firm run by David Einhorn, added to its holdings of Ford Motor Co. debt in the first quarter and invested in EMC Corp., Harman International Industries Inc. and Pfizer Inc. The hedge […]
Alpha Magazine Announces 2009 Hedge Fund 100
West Palm Beach (HedgeCo.net) – "Alpha" released the results of the 2009 Hedge Fund 100, the magazine’s eighth annual ranking of the world’s biggest single-manager hedge fund firms. Although most hedge fund managers in 2008 couldn’t escape the carnage from […]
Investors continue to withdraw from hedge funds in Q1
English Eastday – Investors continued to withdraw capital from hedge funds in the first quarter of 2009, redeeming nearly 103 billion U.S. dollars, according to data released on Tuesday. The redemption figure, about 7.3 percent of overall hedge fund assets, […]
HSBC sees “tipping point” in hedge fund outflows
Reuters UK – HSBC Global Asset Management says it is finally seeing inflows into some of its hedge funds and believes it may have reached a "tipping point" after a tough period of client withdrawals. Bill Maldonado, head of alternative […]
Grant Thornton LLP Launches New Hedge Fund Registration and Compliance Services
EatrhTimes – In response to investor demand for greater transparency as well as pending new legislation, Grant Thornton LLP’s Financial Services practice is launching Hedge Fund Internal Control, Governance and Regulatory Compliance Services. These services will help funds attract new […]
Icahn Puts Another $250 Million Into His Fund
New York Times – The billionaire financier Carl C. Icahn put another $250 million into his hedge fund at the beginning of the year after suffering further losses in the fourth quarter on investments in Motorola and Yahoo, according to […]
Hedge funds see $159-bn outflows in Oct-Dec period
Business Standard – Spooked by increasing performance losses and record investor redemptions, the global hedge fund industry saw net outflows worth $158.91 billion in the fourth quarter of calendar year 2008, the highest level since 1994. According to a report […]
Hedge fund in talks with Target on board seats
Associated Press – Activist hedge fund manager William Ackman is in talks with Target Corp. about naming potential directors to the discount retailer’s board, according to a Securities and Exchange Commission filing on Thursday. Target shares gained 61 cents, or […]
