Author Archives: the HedgeCo News Team
Union Bancaire Privée Preps Distressed Funds of Hedge Funds
FINalternatives- Yet another hedge fund operator is diving into the burgeoning distressed-debt market looking for a piece of the action. Switzerland’s Union Bancaire Privée is looking to make some noise with the launch of a pair of funds of hedge […]
Managed hedge fund capital rises by only 1pc
Telegraph.co.uk- Net investment in hedge funds has fallen to almost zero this year as poor returns and the high-profile implosion of funds such as the $2bn (£1bn) Peloton fund have driven away investors. Data from US-based institution Hedge Fund Research […]
Equine hedge fund tries to outpace the market
Reuters UK- If investing in hedge funds these days seems about as certain as betting on the ponies, why not a fund to buy and race thoroughbreds? The New York Times reported on Monday that International Equine Acquisitions Holdings is raising […]
Hedge fund wins on Pozen buy
Bizjournals.com- A Massachusetts hedge fund that rolled a bet on biotech company Pozen has seen it pay off in a big way. PAR Capital Management says in Securities and Exchange Commission documents that its stake in Chapel Hill-based Pozen (Nasdaq: […]
Japan life insurers embrace hedge funds for returns
TOKYO (Reuters)- Low government bond yields and volatile currency markets are pushing Japan’s traditionally conservative life insurers into riskier investments to boost returns, with hedge funds and private equity set to get more of their huge cash pile. With little […]
Hedge Fund Man Investments Launches Own Product
West Palm Beach (HedgeCo.net)- Man Investments announced the launch of Man Vision Index Notes, ‘We are seeing significant changes in world capital flows,’ says Man Group chief executive Peter Clarke.’ The launch centers on a capital-guaranteed hedge fund product that […]
Thames River hedge fund manager goes long subprime
Reuters- Thames River fund manager Ken Kinsey-Quick has moved long some battered subprime assets after shorting the sector last year, because he thinks they are cheap, and also hopes to make money out of a fall in commodity prices. Kinsey-Quick, […]
UK hedge fund to take on Securities and Exchange Commission
Times Online- On one level, it appears almost comical – a tale that manages to draw in Harry Potter’s enemy Lord Voldemort, Shakespeare and a series of TV shows. On another, it is a story that involves some of the […]
Japan life insurers embrace hedge funds for returns
Reuters- Low government bond yields and volatile currency markets are pushing Japan’s traditionally conservative life insurers into riskier investments to boost returns, with hedge funds and private equity set to get more of their huge cash pile. With little prospect […]
UBS admits errors to shareholders
BBC News- Swiss bank UBS has admitted that a lack of risk control and ambitious plans to grow revenue led to its huge losses when the global credit crunch struck. The admissions come in a 50-page report to shareholders before […]
UBS Reports Hedge Fund Losses
West Palm Beach (HedgeCo.net)-UBS issued a Shareholder Report detailing the key facts relating to the firm’s positions and losses through December 31, 2007. In the summary the Swiss bank says thats it’s massive subprime losses were the result of excessive […]
Global hedge fund assets hit $2.65 trillion
LONDON (Reuters) – Global hedge fund industry assets rose to $2.65 trillion (1.34 trillion pounds) at the start of 2008, data group HedgeFund Intelligence said on Wednesday, but growth slowed in the second half of 2007 as the credit crisis […]