Monthly Archives: March 2008

West Palm Beach (HedgeCo.Net) – Augustus Asset Managers of Britain have relaunched their quantitative currency hedge fund after some remodeling of it’s computer-driven strategy. The Systematic Fund, which was originally launched on July 1 of last year, abruptly closed in […]

West Palm Beach (HedgeCo.Net)- Hedge fund manager Man Group plc announced that they are "extremely well placed to see continued strong growth." In a statment regarding its close period for the year, Man said, "This is a very strong set […]

Guardian- Cheap mortgages may be getting more and more difficult to come by but housebuilding shares shook off worries about falling demand for new homes yesterday. Instead, investors preferred to concentrate on the possibility of takeovers in the sector. One […]

Bloomberg- Tadashi Mukai outperformed all his hedge fund rivals in Japan last year by researching analysts, rather than companies. Mukai’s $21 million UMJ Neutro Fund climbed 11 percent, the biggest return among 13 market-neutral funds, those that don’t take directional […]

Financial Times- Talk about a high-risk hedge fund and most people assume it is a tautology. This year’s sudden collapses of the $2bn flagship fund of London’s Peloton Partners and the $1bn New York-based Focus Capital, as well as a […]

Reuters- CHICAGO (Reuters) – The presence of hedge funds in the U.S. agricultural sector expanded on Thursday with the sale of ConAgra Foods Inc’s grain business to Ospraie, as speculators increasingly tie their futures trades to physical markets. Trade sources said […]

FINalternatives- Buoyed by tumult in the mortgage market, a Miami-based real estate company is making the leap into the hedge fund space with the debut of two offshore funds. ARE Asset Management has launched the ARE Fixed-Income Fund and the […]

West Palm Beach (HedgeCo.Net) – Long after the collapse of Enron in 2001, Citgroup has agreed to pay $1.66 billion to creditors of the Houston based company. The settlement, which was reached right before the case was set to go […]

West Palm Beach (HedgeCo.Net)- New York Top 5 hedge fund Och-Ziff’s firm Ctrl S. Data Centers, said it is planning to invest $250 million to open four data centres in the country in next 2-3 years. "We are planning to […]

Times Online- John Meriwether, the man behind one of the world’s largest hedge fund collapses in the late Nineties, is struggling to keep investors from bailing out on his latest venture. Mr Meriwether is best known as a founder of […]

The Age- New York woman, whose lawyer said she has worked at hedge funds, has been charged with operating a $US2-million-a-year prostitution business. Kristin Davis, 32, was accused of money laundering and promoting prostitution through a ”high-end prostitution ring” that charged […]

DUBAI (Reuters)- Abu Dhabi government-owned IPIC and Qatar Investment Authority (QIA) will establish a $2 billion (1 billion pound) fund for global acquisitions, the managing director of IPIC said on Tuesday. "We plan to invest in all sectors, including oil […]