Monthly Archives: January 2006
December 2005 Review of the DOW Jones Hedge Fund Strategy Benchmarks
December was an up month for all six hedge fund strategies covered by Dow Jones Hedge Fund Indexes. Five of the six strategies posted gains in 2005. With net-of-fees returns of 6.50% and 6.48%, event driven and distressed securities were […]
Hedge Fund Asset Bonanza
The U.S. House of Representatives recently passed a little-noticed bill that could make it a lot easier for hedge funds to attract money from pension plans. The consequences could be meaningful, as pensions are by far the largest investors in […]
How Hedge Funds Are Taking On Mother Nature
If 2006 is a quiet year for hurricanes, Greg Hagood stands to make a ton of money. But if more Katrina-size storms rip into the U.S., he and the investors in the hedge fund group he co-manages, Bermuda-based Nephila Capital […]
Speculators, hedge funds turning back to oil, analysts say
Crude oil futures rallied more than US$1 a barrel on Friday and the price of natural gas regained some ground after sinking a day earlier to its lowest level in four-and-a-half months. Light sweet crude for February delivery on the […]
Hedge fund firm to buy ForstmannLeff
SAN FRANCISCO (MarketWatch) — The hedge-fund group Angelo, Gordon & Co. has signed a letter of intent to buy ForstmannLeff Associates LLC, an investment firm that manages U.S. stocks with $3 billion in assets, according to a media report Monday. […]
Fidelity finds stop-gap for Bolton wonderers
Fidelity has launched three new funds, one a special situations vehicle aimed at easing the dilemma caused to investors by star fund manager Anthony Bolton’s plans to retire. The Fidelity MultiManager Special Situations Portfolio will invest in six of the […]
Algoma, Paulson head toward showdown
As the managing partner of one of North America’s larger hedge funds, John Paulson typically shuns the spotlight, preferring to quietly exploit arbitrage opportunities to keep ahead of the investing pack. When the choice is a public fight or a […]
Hedge Funds ‘May Not Be Easy to Regulate’
NEW hedge funds continue to open their doors for business, despite the lack of regulation in the hedge fund industry. According to the Nedgroup Hedge Fund Review, three new hedge funds entered the market in the last quarter of last […]
New hedge fund of funds opens for institutional investors
The £360m (€525.5m) Bexley Council Pension Fund will launch a tendering process in the next week for its first private equity and hedge fund mandates amounting to 5% of the scheme’s assets. The two fund of fund mandates will be […]
Chief Technology Officers (CTOs) for hedge funds?
As Hedge Funds have grown, they have maintained relatively lean administrative structures. 3rd party technology has been deployed to make fund management, operational and administrative processes more efficient. In particular, technology has been extensively deployed to connect Hedge Fund managers […]
Overcrowding set to force hedge fund fees to tumble
Hedge fund managers, some of the City’s highest paid traders, face slashed performance fees as the sector loses money and investors, a leading academic said yesterday. Narayan Naik, the director of the London Business School’s Hedge Fund Centre, said overcrowding […]
The Hedge Fund Report: Fighting for Korea Fund
TheStreet.com – Hedge fund activists are becoming more involved in the life of companies where they own a stake. When the company is a closed-end fund, some go as far as recommending changes in the investment strategy. The latest example […]