Tag Archives: hedge funds
Hedge funds in Cayman Islands withdraw from UK banks
Hedge funds and financial institutions based in the Cayman Islands have been pulling their money out of Britain as they are hit by the credit crunch, according to figures from the Bank of England. The low-tax regime and limited regulation […]
Hedge fund leverage is returning
Hedge funds have begun to raise leverage levels again in recent weeks as prime brokers and other lenders become bolder about extending credit in more stable markets, a lawyer specializing in the sector said on Tuesday. Henry Bregstein, attorney at […]
May Performance Up 4.06%, Credit Suisse/Tremont Hedge Fund Index Confirms
West Palm Beach (HedgeCo.net) – “Hedge funds finished up 4.06% in May, capturing the largest monthly gains since February 2000." Oliver Schupp, President of Credit Suisse Index, said, Emerging Markets funds were the strongest performers, finishing up 6.96%. The Emerging […]
Myners pledges vigorous campaign against EU hedge fund curbs
Wealth Bulletin – Paul Myners has vowed to fight “tooth and nail” to revise a directive from Brussels that would give the European Union the power to set limits on how much hedge funds are allowed to borrow. The draft […]
Hedge funds buy up German TV firm’s debt
Independent – Hedge funds Apollo and Octavian have been quietly building up a position in ProSieben, one of Europe’s biggest commercial broadcasters. The move could lead to a showdown with private equity owners Permira, the Damon Buffini-run giant, and Kohlberg […]
Asia Hedge Funds on ‘Radar’ After Beating Peers, Citigroup Says
Bloomberg – Asian hedge funds are attracting growing interest from investors as managers focusing on the region outperform global peers, said Andrew Hill, director of prime finance for Asia-Pacific markets at Citigroup Inc. “There are pockets of proprietary money looking […]
Could hedge funds be the Holy Grail for weary investors?
Herald Tribune – Investors are always searching for the "Holy Grail" of investing; that is, investments with high returns, low risk and little correlation to the returns of the broad stock and bond markets. Some investors believe that they have […]
Hope for hedge funds
Stuff – Hedge funds meeting for their annual get-together in Monaco this week are hoping recovering profits will help placate clients, after the industry was heavily culled and suffered its worst year on record. An exodus of investors followed a […]
Hedge Funds Post Best Performance Since February 2000
Bloomberg – Hedge funds returned an average 5.2 percent in May, the best performance in more than nine years, as they attracted more money and global markets rallied, Eurekahedge Pte said. The Eurekahedge Hedge Fund Index, tracking more than 2,000 […]
Battered hedgies see cause for hope at Monaco summit
Reuters – Hedge funds meeting for their annual get-together in Monaco next week are hoping recovering profits will help placate clients, after the industry was heavily culled and suffered its worst year on record. An exodus of investors followed a […]
JPMorgan’s future in hedge funds
FierceFinance – Not too long ago we were lamenting the trend by top investment banks to move into hedge funds and alternative investments in general. Buying hedge fund firms and launching them internally didn’t work out so well for Citigroup. It […]