Tag Archives: losses

Cayman Compass – The average hedge fund recorded gains of 2.42 per cent in July data released by hedge fund data provider Hedge Fund Research shows. Hedge fund assets have increased on average by more than 12 per cent in […]

Cayman Compass – The average hedge fund recorded gains of 2.42 per cent in July data released by hedge fund data provider Hedge Fund Research shows. Hedge fund assets have increased on average by more than 12 per cent in […]

Reuters – Eden Rock Structured Finance has seen its value drop further in 2009, leaving some investors saying they are worried they may get back little of their money in the hedge fund, which is due to be wound up […]

Forbes – Investor Timothy Barakett on Tuesday said Atticus Capital, which suffered some of the hedge fund industry’s steepest losses last year, is closing two of its three funds and will return $3 billion to shareholders. The Atticus founder and […]

HeraldTribune.com – An attorney representing newsletter writer Don Rowe, who strongly recommended Arthur G. Nadel’s hedge funds to some investors, is seeking to have a civil fraud suit against his client dismissed. In an Aug. 3 filing in circuit court […]

Wall Street Journal – Jeffrey Gendell’s new hedge fund returned more than 25% during its first quarter, as bets on energy and a steady economic recovery paid off, according to a letter the manager sent recently to investors. Gendell, who […]

Times Online – Guardian Media Group, the owner of The Guardian and The Observer newspapers, lost £24m last year on botched currency trading as it tried to protect hedge-fund investments. The newspaper publisher, which is considering closing The Observer, the […]

Forbes – PetroAlgae, a Melbourne, Fla., company, is a renewable energy miracle–at least in the stock market. The company, which aims to harvest oil from algae, started trading on the OTC Bulletin Board in December 2008 at under $1 through […]

Bloomberg – Brazilian hedge funds lured about 8.2 billion reais ($4.52 billion) in July, the biggest monthly inflow this year, as a rebounding economy and record low interest rates increased demand for stocks and other higher- yielding assets. The investment […]

Reuters – Hedge fund firm Citadel Investment Group will return millions to clients who asked to exit last year, but were locked in when its flagship funds lost more than half their value during the financial crisis. The Chicago-based firm, […]

Milwaukee Journal Sentinel – Five years after regulators forced the sale of Strong Funds to Wells Fargo and Co. at the height of a national mutual fund scandal, investors in 24 former Strong Funds are moving closer to receiving their […]

Reuters – World stocks pushed up to 9-month highs on Friday, cutting demand for government bonds as euro zone manufacturing and services reports beat expectations, fuelling optimism about economic recovery. The euro hit a session high against the dollar and […]