Monthly Archives: June 2013
Rough Ride for Currency-Focused Hedge Funds
Money Journal – Currency-focused hedge funds performed poorly as the dollar swung back and forth in May and even worse during the greenback’s fall this week, according to a widely watched barometer of these investors’ returns. The Parker Global Currency […]
Japan-Focused Hedge Funds Seen Boosting Assets 20% on Abenomics
Bloomberg – Japan-focused hedge funds may see their assets increase 20 percent this year on expectations that Prime Minister Shinzo Abe’s policies and stimulus measures will boost growth, according to Eurekahedge Pte. About $3 billion could be added to the […]
Alternative-investment firms are preparing to pitch to the public
The Economist – Tobacco and alcohol brands face heavy restrictions when it comes to advertising. Hedge funds and other purveyors of alternative investments have suffered similar prohibitions on marketing their products. That ban may soon be lifted in America. (Europe’s […]
Fewest Hedge Funds Invest in Gold Since 2010 as Assets Decline
Bloomberg – The rout in gold that drove the metal into a bear market cut the number of hedge funds investing in bullion to the lowest level since 2010 as assets slumped 31 percent this year on losses and redemptions. […]
Hedge funds profit as Cyprus restructuring looms
IFR – Hedge funds who took a punt on Cyprus when the country ran into trouble last June have averted the threat of capital controls and stand to realise annual returns of at least 25% from buying the country’s four-year €1.4bn international […]
Ex-Janus Hedge Fund Managers Acquire California Fund
New York (HedgeCo.Net) – Arrowpoint Partners, the Denver-based investment firm founded by former hedge fund managers at Janus Capital Group Inc announced plans to acquire Aster Investment Management Co., of Larkspur, Calif., according to a Bloomberg report. The deal is expected […]
Hedge Funds Up 0.7% In May
New York (HedgeCo.Net) – The HFRX Global Hedge Fund index reports that hedge funds were up 0.7% for May and 4.6% year-to-date. Equity markets posted gains for the month despite paring gains in a late-month sell off as government bond […]
CQS plans equity hedge fund launch – source
Reuters – Hedge fund firm CQS is planning to launch its first so-called long-short equities fund, a source familiar with the plans said, as it looks to seize on a recovery in investor demand for managers who bet on shares […]
Hedge Fund Boss Preying on African-Americans Arrested
CNBC – “Two things are infinite: the universe and human stupidity; and I’m not sure about the universe.” Those were the words that Fredrick Douglas Scott attached to most of the emails sent to the clients of his boutique investment […]
Best 100 Hedge Funds
Barron’s – Hedge-fund manager Christian Zugel has made a mint in mortgage-backed securities, and he has also been wheeling and dealing in a lot of real estate. He has had to figure out how to fit a growing staff of […]
CQS Said to Plan Equity Hedge Fund With Ex-SAC Manager Morant
Bloomberg – CQS U.K. LLP, the $12 billion hedge-fund firm founded by Michael Hintze, is looking to start an equity fund as the company expands beyond its focus on credit investments, said two people familiar with the matter. The new hedge […]
Introducing the New Hedge Fund: The Family Office
NBC – For hundreds of years, family offices have been the financial equivalent of social registers—small, musty preserves of the rich that have little impact on the real world. But now, due to a giant regulatory loophole, family offices are […]