Author Archives: the HedgeCo News Team

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.

Cheyne selling SIV assets

LONDON (Reuters)- Cheyne Finance, a structured investment vehicle (SIV) managed by hedge fund Cheyne Capital Management, said on Wednesday it was seeking to restructure after the value of its investments fell enough to force it to start selling assets. Standard […]

Hedge Funds: Good Activists?

Conde Nast Portfolio- Hedge funds, even at their peak of popularity, were regarded with considerable suspicion. They have taken a shellacking in the last few months as subprime tainted funds have folded or reported poor results, and “quant” strategies have […]

French Hedge Fund Postpones Redemptions

Forbes – Paris-based fund of hedge funds Stratus Fund Limited is postponing redemptions and halving its management fees due to losses incurred from the meltdown of Sentinel Management Group, a U.S.firm that manages short-term cash for commodity traders, such as […]

Asia hedge funds simplicity may be saving grace

Reuters – The Asia-Pacific’s hedge fund industry, long seen as less sophisticated than its U.S. and European peers, is about to find out its focus on equities rather than complicated debt instrumentsmay be its saving grace. Even though a fund […]

Merkel urges greater transparency for hedge funds, rating agencies

Earthtimes – German Chancellor Angela Merkel called for greater transparency in the workings of hedge funds and rating agencies, while speaking to Japanese business people in Tokyo on Thursday. Staking out the German government’s oft-repeated position, Merkel said the risks […]

Recession fears as more hedge funds crumble

ABC Online – An influential global economist has warned the widening financial crisis could plunge the world into recession, as an Australian company becomes the latest victim of the market turmoil. The Sydney-based hedge fund Basis Yield Alpha, run by […]

Activist Hedge Funds’ Secret Sauce

Seeking Alpha – In a follow-up to Monday’s posting about the impact of hedge fund activism, here are two recent studies that seem to support the OECD’s claim that activist hedge funds are good for corporate governance. Both of them […]

Browne Returns To Energy Sector Via Private Equity

LONDON (Reuters) – John Browne is making a return to the industry where he was a long-time leader, joining a private equity firm focused on energy investments four months after a scandal forced himto resign early as CEO of BP. […]

Over $40,000 Raised For Children by Hedge Funds Care Group

West Palm Beach (HedgeCo.Net)- The Hedge Funds Care Committee of Hope raised over $40,000 last week to support the prevention and treatment of child abuse and neglect.   At the 2nd Annual No Limit Texas Hold ‘Em Poker Tournament, more than […]

Top Fund Managers Made 22300 Times Average Wage, Study Says

Bloomberg- Top private-equity and hedge fund managers made more in 10 minutes than average-paid U.S. workers earned all of last year, according to a new study from two research groups. The 20 highest-paid fund managers made an average of $657.5 […]

Investors Flocked to Hedge Funds Before Credit Crunch

CNBC- Investors poured $41.1 billion into hedge funds in the 2007 second quarter, which combined with performance gains, swelled industry assets to an estimated $1.67 trillion by the end ofJune, fund tracker Lipper TASS said on Tuesday. The gains, which marked […]

US Hedge Fund Losses Seen Adding Up In August

Reuters- For hedge funds the last weeks of summer have been anything but lazy or dull as market turbulence left many of the industry’s most prominent funds nursing losses this month, investors and analysts said. As the end of August […]