General News

	Bullish Hedge Funds Hike Their Bets in 2012 Rally	Feb 22/12
	LONDON (Reuters)—Hedge funds are cranking up their bets in equities and credit in 2012's buoyant markets in the belief that the euro zone, U.S. and Chinese economies will fare better than many were fearing last year. Many f...Read more
	Big-name funds recover with a strong January	Feb 21/12
	Several big-name hedge funds have bounced back from a disappointing 2011 to outperform their peers in January, HSBC Private Bank’s latest Hedge Weekly Investment Funds Performance Review has revealed. UK-based Henderson Glob...Read more
	Hedge funds start the year on the right foot, says EDHEC	Feb 21/12
	Equity-focused strategies in the EDHEC-Risk Alternative Indices, having increased their net market exposure – as shown by dynamic betas significantly higher than their long-term counterparts – exhibited strong performance la...Read more
	Hedge funds faulted for not being short-term enough	Feb 17/12
	Used to criticism for caring only about short-term profit, hedge funds are now being faulted for a failure to think short-term enough after losing out badly in last year's volatile markets. A series of bad bets by hedge f...Read more
	International Equity Funds: Defensive-Active Strategies Pay Off Long-Term	Feb 17/12
	In a recent study Morningstar Italy, a provider of independent investment research, examined the strategies employed by successful actively managed international large cap equity funds. The result: defensive-active str...Read more
	Dow Jones Credit Suisse Hedge Fund Index up 2.34% in January	Feb 17/12
	The Dow Jones Credit Suisse Hedge Fund Index finished up 2.34% for the month of January. The top performing sub strategy was Long-Short Equity which returned +3.91 per cent, while the worst performer by some considerable marg...Read more
	EDHEC-Risk Institute research provides insights into optimal hedge fund allocation	Feb 17/12
	In a research paper published in the Winter 2012 issue of the Journal of Alternative Investments, entitled “Optimal Hedge Fund Allocation with Improved Estimates for Coskewness and Cokurtosis Parameters,” EDHEC-Risk Institut...Read more
	Hedge funds to benefit from less correlated market structure, says Lyxor Research	Feb 16/12
	Lyxor Research explains why it believes hedge funds will be less correlated to markets in 2012 and deliver better performance than last year. "2012 starts on a robust footing for the hedge fund industry. January monthly...Read more
	A hedge fund bets big on a Canadian mega quarry	Feb 16/12
	Superstar investor Seth Klarman's controversial plan to develop a quarry in Ontario could pay off bigtime. FORTUNE -- Drive an hour northwest from Toronto along Highway 10 and you come across some of the best farmland i...Read more
	Survey: Hedge Fund Allocations to Increase in 2012	Feb 16/12
	New York (HedgeCo.net) – A new survey by AlphaMetrix Global Marketplace found that a majority of investors in hedge funds, commodity trading advisors and private equity funds expect to increase their allocations to those priva...Read more
	Hedge fund managers looked to tech in 4th quarter	Feb 15/12
	Last year was a dismal one for many U.S. hedge fund managers, but based on their year-end stock holdings, some managers were well positioned to take advantage of this year's strong start in the equity markets. Thomas Stey...Read more
	Soros Buying Google Leads Money Managers Adding Tech Stocks	Feb 15/12
	Billionaire George Soros’ firm added shares in Google Inc. (GOOG) and Comverse Technology Inc. (CMVT) in the fourth quarter, leading purchases of technology stocks by asset managers in the quarter. Soros Fund Manage...Read more
	Top hedge funds made timely 4th quarter Apple buys	Feb 15/12
	Leading hedge fund managers including David Tepper, Andreas Halvorsen and David Einhorn smartly added to their holdings of Apple (AAPL.O) in the fourth quarter after the death of Steve Jobs. The stakes have likely provi...Read more
	CI buys stake in hedge fund firm	Feb 15/12
	CI Financial has struck a deal to acquire a “significant minority interest” in Lawrence Park Capital Partners Ltd., an alternative asset manager focused on fixed-income and credit strategies. CI’s ownership stake in LP Ca...Read more
	Speculators Hike Commodity Wagers	Feb 14/12
	Hedge funds increased bets on rising commodity prices to the highest since September on mounting confidence that growth in the U.S. will strengthen demand. Money managers boosted their combined net-long positions across 18 ...Read more
	Insurers allocations to alternatives likely to increase	Feb 14/12
	At a time when investors are facing some of the most testing market conditions in living memory, insurers are overwhelmingly concerned about meeting the reporting challenges required under Solvency II. With prolonged period...Read more
	Canada Ramps Up Fight Against 'Volcker Rule'	Feb 14/12
	OTTAWA (Reuters)—Canada stepped up pressure on Washington on Monday [Feb. 13] to rewrite its controversial "Volcker rule" to remove restrictions on Canadian bank activities that it says do not threaten the U.S. fin...Read more
	Top Mid-Sized Hedge Funds hold their ground, Oversee $50 Billion	Feb 13/12
	The Top 100 Mid-Sized U.S. Equity Hedge Funds oversee $50 billion in assets, according to a recent report that was released by HedgeTracker. The top 100 list is led by multi-strategy hedge fund MSD Capital, long/short equi...Read more
	February hedge fund inflows advance 2.25%	Feb 13/12
	Hedge fund flows as measured by the GlobeOp Capital Movement Index advanced 2.25% in February. “Net flows were positive, against a backdrop of record low outflows,” says Hans Hufschmid (pictured), chief executive officer, Glo...Read more
	Hedge fund exits hit record low after bumper January	Feb 10/12
	Client exits from hedge funds fell to a record low after performance bounced back in January, industry data showed on Thursday, as investors were encouraged to stick with their portfolios despite a disappointing and volatile...Read more
	Should investors send their dragons back to their lairs?	Feb 10/12
	The ability of hedge fund dragons to vaporise this year may leave institutional investors sceptical of the long term power of the magic of the dragons Welcome to the Year of the Dragon. In the Chinese zodiac, dragons, ...Read more
	Hedge Funds Post Gains as Equity Markets Rally	Feb 09/12
	Hennessee Group LLC, an adviser to hedge fund investors, announced today that the Hennessee Hedge Fund Index advanced +2.51% in January, while the S&P 500 advanced +4.36%, the Dow Jones Industrial Average increased +3.40...Read more
	Hedge Fund Investor Flows and Performance Rebound to Begin 2012	Feb 09/12
	Below are early estimates1 for January hedge fund performance and asset flows. A full report will be available later in the month. January Highlights: -In a similar fashion to 2011, a rally in global equity markets was t...Read more
	Hedge funds start 2012 with strong gains	Feb 09/12
	Hedge funds opened 2012 by posting broad-based gains in January, with the HFRI Fund Weighted Composite Index gaining 2.63 per cent, the second highest monthly performance figure since December 2010, according to data release...Read more
	Hedge Funds Climbed 0.2% in January on Best Start for Equities in 18 Years	Feb 08/12
	Hedge funds gained 0.2 percent in January as equities around the world had the best start in 18 years after U.S. economic growth showed signs of accelerating and European leaders moved closer to a solution for the region’s...Read more
	FoHF consolidation: buy-out or lift-out?	Feb 08/12
	New Page 6 If investors are no longer buying products with verifiable track records, just how are investors supposed to know how to pick a good adviser? As the mythical phoenix – with a multi-coloured plumag...Read more
	Stock gains turn hedge fund losers into winners	Feb 07/12
	Last year's hedge fund losers may be turning into winners again. Several of the largest hedge funds that ended last year deep in the red, jumped to good starts in January, giving their wealthy investors reason to believe ...Read more
	Strong fund flows drive new US junk-bond funds	Feb 07/12
	Money managers and hedge funds have discovered a newfound love for junk. Legg Mason, First Eagle and Armored Wolf are among institutional investors launching new high-yield "junk" bond funds this month, taking adv...Read more
	Why hedge funds don't live up to their name	Feb 07/12
	In theory, last year should have been a great time to be invested in a hedge fund. With markets gobsmacked by U.S. and euro zone crises, what better way to protect your money than to hedge against the market -- the nomi...Read more
	Hedge Funds Underestimating Policymakers’ Will to Impose Greek Bond Losses	Feb 06/12
	Hedge funds seeking to wring profits from a Greek debt restructuring are underestimating the will of policy makers to impose losses on them, according to investors who say trying to beat the politicians is too risky. “It’s...Read more
	Seed/Acceleration Capital	Feb 06/12
	Trading equity for growth What will it cost you to launch a hedge fund with seed capital from an institutional investor or to get a huge infusion later from an acceleration capital provider? The vast majority of emerging he...Read more
	Hedge funds should brace themselves for aggressive SEC, experts warn	Feb 03/12
	Hedge funds should brace themselves for an increasingly aggressive and alert Securities and Exchange Commission (SEC), it has been warned. Registration and Form PF (Private Fund) reporting requirements will enable the SEC ...Read more
	Assets of sovereign wealth funds climb to record USD4.8 trillion in 2011	Feb 03/12
	Global assets under management of sovereign wealth funds (SWFs) increased for the third year running in 2011 to a record USD4.8 trillion, according to TheCityUK’s report: Sovereign Wealth Funds 2012. There was an additional ...Read more
	Lawsuit against CIBC World Markets can proceed, Ontario court rules	Feb 02/12
	Failed hedge fund suing over million dollar trading loss An Ontario court has ordered that a lawsuit against CIBC World Markets Inc. can proceed, rejecting the firm's claim that the plaintiffs be required to post almost ...Read more
	Hedge funds brace for euro zone break-up	Feb 01/12
	Nervous hedge funds managers are stress-testing their portfolios and searching for ways of protecting themselves against their worst nightmare -- a potential break-up of the euro zone. With talks on restructuring Greec...Read more
	L/S equity should not be ignored, warns Goldman Sachs	Feb 01/12
	Investors should not write off long/short equity hedge fund strategies, the co-head of cap intro at Goldman Sachs has warned. According to Chicago-based Hedge Fund Research, equity hedge funds suffered $8.6 billion in net ...Read more
	How To Start, And Run, A Hedge Fund	Jan 31/12
	As the Volcker Rule cuts down on proprietary trading at large investment banks, skilled traders are leaving and setting up their own alternative investment funds, and looking for the technology they need to trade and to ...Read more
	Man Group Commits To Responsible Investing, Encourages Hedge Funds To Do The Same	Jan 31/12
	New York (HedgeCo.net) – Hedge fund gian Man Group plc announced today that it has signed the United Nations-backed Principles for Responsible Investment (PRI). “This step is a signal of Man’s continued commitment to responsi...Read more
	Hedge-Fund Bulls Add to Bets as Rally Heats Up	Jan 30/12
	Hedge funds increased wagers on rising commodity prices to the most in two months and the rally in raw materials accelerated as the Federal Reserve pledged to keep borrowing costs low for three more years. Money manage...Read more
	2012 Preview - A Quiet(er) Year for Activist Investors?	Jan 30/12
	It seems a little quiet right now. Too quiet. Does this portend a less-contentious year for activist investors? Or just the calm before the storm? At the moment, we can think of just a few things that will stir things up in ...Read more
	Technology outsourcing for hedge funds	Jan 30/12
	Hedge funds are leveraging outsourcing in diverse ways to expand offerings and enhance productivity. As technology becomes a strategically important differentiator for hedge funds, outsourcing enables managers to develop a r...Read more
	Are Hedge Funds Going Public?	Jan 27/12
	With SEC registration coming, 'private placements' should be unmuzzled Hedge funds may soon be competing with mutual funds for ad space on radio and TV. The 30-year-old SEC regulation banning private companies - ...Read more
	Hedge funds down 2.52% in 2011, says Dow Jones Credit Suisse Hedge Fund Index	Jan 27/12
	Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished the fourth quarter up 0.71%, however, the overall performance for the year was down 2.52%, according to the Dow Jones Credit Suisse Hedge Fun...Read more
	Penison fund contributions to hedge funds to hit 10-15%, says Steinbrugge	Jan 27/12
	Average pension fund allocations to hedge funds over next five to 10 years ‘will reach 15 to 20%’, says Agecroft’s Steinbrugge Net inflows to hedge funds could reach USD100billion this year – potentially the highest since the...Read more
	Real Estate May Do an Encore	Jan 27/12
	With real estate being one of the top performing sectors in 2011 - the S&P/TSX Capped REIT index was up by 15%, or 24 percentage points above the return for the S&P/TSX composite - some have argued real estate won't ...Read more
	Hedge Funds Scramble to Unload Greek Debt	Jan 26/12
	LONDON — So much for that big fat Greek payday. Hedge funds that loaded up on Greek bonds in the last month — betting on a quick gain — are now scrambling to sell those holdings, fearful that European policy makers will force...Read more
	The Big Hedge Fund Stories from 2011: Part 1	Jan 26/12
	Although individual news items can have can have historical significance (such as story number 1 below) the effort here is more to point to the themes and trends at work in the hedge fund industry last year. Here are my top st...Read more
	Hedge funds prepare legal battle with Greece	Jan 25/12
	Hedge funds are combing through the small print of Greece's planned rescue deal with private creditors, readying a wave of potential litigation to squeeze a better payout from the country. Most bondholders face an uphill ...Read more
	Sprott sees gloomy year ahead, but not for gold	Jan 25/12
	Hedge fund manager Eric Sprott has just one word of advice for private investors in 2012: gold. The Toronto-based money manager, whose $9 billion Sprott Asset Management has made a mint for investors due to large and succ...Read more
	Radiant Investment Management goes live on Linedata Beauchamp	Jan 25/12
	Paris, New York, 25 January 2012 – Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and credit industries, today announced that Canadian hedge fund Ra...Read more