Tag Archives: trillion
Bennelong SGI to Start Hedge Fund to Invest in Global Equities
Bloomberg – Bennelong Funds Management, an Australian fund manager with A$400 million ($271 million), will start a second hedge fund to ride through the financial crisis as it seeks to more than double funds under management. Melbourne-based Bennelong wants to […]
Survey: Investors gloomy over hedge funds
Norwalk Advocate – It could be six months to a year before major investors start pumping money back into the market, according to a survey by Quinnipiac University and Greenwich Roundtable, which represents hedge fund investors who control or manage […]
Hedge Fund Assets Plunged to $1.8 Trillion in 2008
New York (HedgeCo.Net) – Hedge fund assets, which were once estimated to reach almost $3 trillion, finished the year at around $1.8 trillion, according to research conducted by London-based HedgeFund Intelligence. The report contends the fall in assets happened almost […]
Bridgewater Tops List of Biggest U.S. Hedge Funds
Bloomberg – Ray Dalio’s Bridgewater Associates Inc. overtook JPMorgan Chase & Co. to become the biggest U.S. hedge-fund manager, even as the firm lost assets during the industry’s worst year, according to a survey. Bridgewater, based in Westport, Connecticut, managed […]
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 Group Proposes Rules to Avert Intervention
Bloomberg – A group of hedge funds offered to increase disclosure to head off demands from politicians on at least two continents for more transparency. “We know which way the wind is blowing,” said Andrew Baker, chief executive of London-based […]
Ginga Beats Japan Hedge Fund Rivals With Telecommunications Bet
Ginga Service Sector Fund, the third-best performing Japan-focused hedge fund in 2008, held its ranking in January by investing only in the telecommunications and services companies. The 3.4 billion yen ($36 million) fund, advised by Tokyo- based Stats Investment Management […]
UBS sees 35 percent drop in hedge fund assets
Reuters – Global assets of hedge funds may drop to $1.2 trillion by the end of the first quarter, down 35 percent from 2007 as the number of managers decline and funds rely less on strategies that use leverage, a […]
Hedge-Fund Assets Set to Drop $192 Billion by March, UBS Says
Bloomberg – Hedge-fund assets will likely drop by about $192 billion this quarter after the industry posted record losses in 2008, according to estimates by UBS AG. Global assets will likely fall to $1.215 trillion in the first quarter, said […]
