Tag Archives: redemptions


Soros Imitators Reap Riches On Macro Funds

February 9, 2009 : Permalink

The Bulletin – Hedge fund managers on average lost 18.7 percent of their clients’ money in 2008, for the worst performance since at least 1990, according to Hedge Fund Research Inc. Combine the losses with investor redemptions, and total hedge […]

Soros imitators reap riches in financial crisis

February 5, 2009 : Permalink

The Age – Hedge fund managers on average lost 18.7% of their clients’ money in 2008, for the worst performance since at least 1990, according to Hedge Fund Research Inc. Combine the losses with investor redemptions, and total hedge fund […]

Hedge fund fees are being squeezed

January 30, 2009 : Permalink

MIGHT two-and-twenty become one-and-ten? Since 1990 the number of hedge funds has grown by 14 times to over 7,000, but abundance has not lowered prices. Funds typically still charge clients a management fee of 2% of assets and 20% of […]

Hedge Fund Manager to Appear in Court

January 30, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Hedge fund manager Arthur Nadel is scheduled for a bail hearing in federal court in Tampa this afternoon. Nadel faces a federal charge of securities and wire fraud after using “manipulative and deceptive devices” to […]

Sparx to Miss March 2011 Asset Target on Market Rout

January 26, 2009 : Permalink

Bloomberg – Sparx Group Co., Asia’s biggest hedge-fund manager, will likely miss its asset management target of 5 trillion yen ($57 billion) by March 2011 because of redemptions and losses amid the global market rout. The firm has cut costs to […]

Fidelity Launches Indian Fund of Hedge Funds

January 22, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Fidelity International is launching the Fidelity Wealth Builder Fund through it’s Indian asset management arm, the new fund is an open ended fund of funds scheme offering asset allocation options with three plans. The investment […]

Wealthy wary of putting new money in hedge funds

January 20, 2009 : Permalink

Reuters – Millionaires who long put money with hedge funds are now skittish about adding fresh cash after these loosely regulated portfolios posted record losses last year, a top industry executive said on Thursday. "We have probably seen the worst […]

Polar Capital managed assets fall 22 percent

January 16, 2009 : Permalink

International Herald Tribune – Fund manager Polar Capital Holdings said on Friday that assets under management in the nine months to December fell by 22 percent to $2.45 billion (1.65 billion pounds), due to market deterioration. The fund manager, which runs […]

Biggest Listed Hedge Fund to Sue over Madoff Exposure

January 14, 2009 : Permalink

CNBC – Shares in Man Group, the world’s biggest listed hedge fund firm, slid on Wednesday after it said funds under management fell 21 percent and that it would sue over its exposure to the Madoff scandal. Man said its […]

Hedge Funds Rally in December, Post Record Losses on the Year

January 12, 2009 : Permalink

New York (HedgeCo.Net) – Although hedge funds finished up 2008 with some of the worst numbers to date, they showed some signs of promise in December.  According to the latest research by the Hennessee Group LLC, a New York-based advisor […]

Commercial property rents collapse in London hedge fund areas

January 12, 2009 : Permalink

The Independent – Rents for plush offices in Mayfair and St James’s plunged almost 30 per cent last year, hammered by the declining fortunes of many of their hedge funds tenants.   The commercial property agency NB Real Estate has […]

Steel Partners Seeks to Convert Biggest Fund to Public Company

January 12, 2009 : Permalink

Bloomberg – Activist investor Warren Lichtenstein is seeking to convert his largest hedge fund into a publicly traded partnership after clients sought to withdraw 38 percent of their money. The $1.2 billion Steel Partners II Fund lost 39 percent last […]