Author Archives: the HedgeCo News Team
Hedge Funds’ Huge January
January was a very good month for hedge funds. Lifted by a strong stock market, hedge fund performance was up 3.65% for the month, according to Hedge Fund Research. That beat the 2.55% returned by the S&P 500 over the […]
Recognising South Africa’s top performing hedge funds
Cape Town – 10 February 2006. Six of South Africa’s top performing hedge funds were recognised for their achievements at the second annual Old Mutual Symmetry Hedge Fund Awards in Cape Townlast night. The winners were picked from 21 […]
Popolare Italiana cuts fund, derivative exposure report
MILAN (AFX) – Banca Popolare Italiana has reduced its exposure to hedge funds and derivatives, investments that last year caused concern about the groups financial solidity, the daily Il Sole 24 Ore said without giving a source. Under the management […]
The alpha in an event
In the hedge fund arena, one quality that managers highlight is their ability to generate alpha. Alpha can be described as the return a manager is able to generate by putting together a portfolio ofsecurities that will outperform the market […]
Time to make some money
Boston Globe – People are finally done throwing money at former Harvard Management chief Jack Meyer and his investment team. Well, nearly done. Meyer, who became famous in the investment world for stellar results managing Harvard University’s $25.9 billion endowment […]
When our Pension’s in a Hedge Fund, Should we Worry or Not?
American Reporter – Being a natural worry wart I clucked my tongue repeatedly when both the self-sanctified New York Times, and tv stock broadcasts alerted investors and general consumers to the coming hedge fund train wreck. As with many of […]
Equity hedge funds beat stocks in January
Reuters – Hedge funds which trade stocks and those that bet on financial market trends started the year with strong returns of nearly 4 percent, above the gains seen on equity markets, Frenchbusiness school Edhec said on Wednesday. Long/short equity […]
Fund Investors Cool To U.S. Markets
Investor’s Business Daily – Mutual fund investors don’t seem to have much faith in the U.S. stock market these days. Despite a smart rally — the S&P 500 is up 7.3% since its Oct. 13 low — money has been […]
Yale’s Chief Investor Says Harvard Overpays Its Fund Managers
Harvard Crimson – Yale Chief Investment Officer David Swensen, whose fund has outperformed Harvard’s over the past two decades, said in a speech last month that Harvard overpays its endowment managersâ€â€providing ammunition for alumni who have assailed the University’s salary structure. […]
Last Atlantis Capital Management launches diversified Long/Short Statistical Arbitrage program
ST. THOMAS, USVI – Last Atlantis Capital Management, LLC (St. Thomas, USVI) announces the launch of The LACM Long/Short Statistical Arbitrage Program within The Last Atlantis Master Fund. The same manager has traded the program since 1998 using a highly […]
CFTC chair warns hedge funds over more regulations
Reuters – Hedge fund managers must maintain high levels of business integrity or face a government crackdown, the newly appointed chairman of the Commodity Futures Trading Commission told an industryconference on Tuesday. The fast-growing industry, many of whose members were […]
Which hedge funds convertibles strategy is a winner?
MarketWatch – Convertible securities can be bought at bargain prices, if a long-term investor can wait out the typical hedge fund holding period — three months — and pick through the selection managers are selling. Hedge fund managers typically measure […]