Tag Archives: redemption
Goldman CFO sees end to hedge fund redemption wave
Khaleej Times – Hedge fund assets may be on the rebound after a year of massive redemptions, Goldman Sachs Group Inc Chief Financial Officer David Viniar told analysts on Tuesday, although the prime brokerage business will remain under pressure. “Assuming […]
Hedge fund turmoil a boon for family offices
Guardian Unlimited – Tumbling markets and redemption waves have been murder on hedge funds, but the turmoil will free up top-tier talent for a quiet but well-heeled corner of the market: family offices. The world’s wealthiest, not content to hand […]
Hedge fund regulation to capture listed fund sector
Citywire.co.uk – European regulation intended to introduce some controls on hedge funds will inadvertently capture almost all investment trusts. Draft rules released by the European Commission define ‘alternative’ funds as any non-UCITS investment fund, said the Association of Investment Companies. […]
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, […]
UBS sees hedge fund assets shrinking
Reuters – Hedge fund assets will continue to shrink this year, falling as much as two-thirds from their 2007 peak, but investors will return and assets will rebound when the economy revives, Alex Ehrlich, global head of prime services at […]
February Sees Lower Hedge Fund Redemptions
West Palm Beach (HedgeCo.net) – There were fewer redemptions in February 2009,($11 billion) compared to January,($30 billion), according to preliminary reports from Eurekahedge, pointing towards the easing of redemption pressures for hedge funds in the future. The Hedge Fund Index was down […]
Authorities think money manager planned to vanish
Arlington Heights Daily Herald – A missing hedge fund manager who owed investors a $50 million payout told his wife in a note he felt guilty about mismanaging people’s money, and threatened to kill himself, according to a sheriff’s report […]