Tag Archives: volatility
Moody’s to Launch Internal Investigation Following Ratings Errors
New York (HedgeCo.Net) – Credit rating agency Moody’s said on Tuesday that it would probe deeper into why its staff incorrectly rated approximately $1 billion of complex debt securities. While it was thought to be a computer error that caused […]
Wittenham launches hedge fund for frontier markets
Reuters- Singapore’s Wittenham Investment Management launched a fund of hedge funds to invest in frontier capital markets such as Africa, Middle East and countries in the former Soviet Union. The MENA Plus fund would start with a minimum $7 million […]
DWS hedge offers daily liquidity
Financial Standard- DWS Investments could well be one of the pioneers of a new era in hedge funds when it launched a new product that offers daily liquidity and pricing to retail investors. DWS Investments, Deutsche Bank’s global retail asset […]
City Council Members Support Tax on Hedge Funds
Gothamist- The NY Sun reports 26 out of the 51 City Council members support an Assembly bill that would require hedge fund and private equity managers to pay more in taxes. The City Council is looking for ways to raise […]
Hedge Fund Eyes Trimming Hardee
New York Post- New York hedge fund Ramius took a bite out of CKE Restaurants Inc. – the owner of burger joints Hardee’s and Carl’s Jr. – with a scathing letter sent to CEO Andrew Puzder. Blasting him for the […]
CQS hires Barclays executive to head Hong Kong trading
Reuters India- CQS has hired former Barclays Capital managing director David Kilgore as its head of trading in Hong Kong, part of a broader push by the $9.6 billion (4.9 billion pound) UK hedge fund manager to expand its presence […]
GGHFI Reports Strong Hedge Fund Performance in May
West Palm Beach (Hedgeco.net)- The Greenwich Global Hedge Fund Index(GGHFI)reported May returns of +2.01% while the Greenwich Composite Investable Index returned +1.66%. The May Index currently includes 1345 constituent funds. By comparison, the S&P 500 showed gains of +1.29%, while […]
Toscafund ups Aberdeen stake
Reuters) – Activist hedge fund Toscafund has raised its stake in Aberdeen Asset Management by around another 50 million pounds to more than 25 percent, continuing its rapid stake-building of recent months. Toscafund, which is run by Martin Hughes, increased […]
