Monthly Archives: January 2007
Inflows to hedge funds down 64% after Amaranth collapse
Chicago Tribune – Hedge-fund inflows declined 64 percent in the fourth quarter from the record pace of the previous three months, as investors reacted to the collapse of Amaranth Advisors LLC. Fund managers attracted $15.8 billion in the final three […]
Hedge Funds go to Washington
HedgeCo.Net (New York) – A new trend is being seen in Washington is of some former high-ranking officials that have been reported to be testing the hedge fund waters. Formerchairman of the Securities and Exchange Commission, Richard Breeden, is now […]
Emerging Market Hedge Funds are in Full Swing Studies Show
HedgeCo.Net (New York) – Hedge funds that specialize in emerging markets rose 20.49% in 2006, according to new data, and mergers and acquisitions in emerging markets reacheda record value of $635.4 billion in 2006 via 10,995 deals, according to data […]
ABI calls for hedge fund transparency
Times Online – BRITAIN’s most influential investor group, the Association of British Insurers, has called for City regulators to insist that hedge funds disclose their large positions at all times,not only when they are bidding for a business. The ABI, […]
Hunter Biden, Senators Son, Leaves Hedge Fund Job
Bloomberg – R. Hunter Biden, a Washington lobbyist and son of U.S. presidential candidate Senator Joseph Biden, stepped down from daily management of Paradigm Global Advisors LLC, which he owns withhis uncle, James Biden. Paradigm, a New York-based firm that […]
Northern Trust Sees Growth in Hedge Fund Servicing
MSN MoneyCentral – Northern Trust hedge fund administration and operations services expanded significantly in 2006, with more than 50 funds added during the year by new and existing clientsworldwide, including more than $1 billion in new assets for funds serviced […]
Hedge Funds and Insider Trading
New York Times – A truism of investing is that to beat the market consistently, an investor must either take above-average risk or trade on inside information. That inevitably casts a cloud overhedge funds, which exist to beat the market. […]
Amarid Hedge Fund Launches New Movie Making Fund
HedgeCo.Net (New York) – Simon Fawcett, chief executive of hedge fund Aramid Capital Partners, announced that they are spearheading the launch of The Aramid Entertainment Fund, a hedge fund with a strategy of financing independent British films. Aramid was formed […]
FIM Advisers LLP’s Flagship Low Volatility Fund of Funds Reaches $1 Billion
FIM Advisers LLP’s (FIM) flagship low-volatility fund of funds, FIM Long-Invest, has broken $1 billion in assets as of December 31, 2006. The Fund had a very positive 2006 rising 10.57% net of fees in the USD share class despite […]
Ashburton prefers China to India
LONDON (Reuters) – A rise in Indian equities to record highs means they have become expensive and Chinese stocks offer more value in the short run, the manager of a newly-launched fund from investment firm Ashburton said. The Ashburton “Chindia” […]
Hedge funds bring in the money
CNN Money – NEW YORK (CNNMoney.com) — A record $126.5 billion flowed into the hedge fund industry last year, despite a weak fourth quarter for attracting new money, an industry tracker said Thursday. Hedge funds rebounded in 2006, nearly tripling […]
Are hedge funds a necessary evil?
Financial Express –Statements emanating from different quarters indicate that the desirability of allowing trading by hedge funds in the country is being examined. When and under what regulatory framework would the same be introduced, if at all? Hedge funds have […]