General News

	SGGG builds first hedge fund appliance	Dec 17/10
	SGGG Portfolio Systems, a provider of technology to small and mid-sized hedge funds, has built the first appliance specifically for hedge fund managers. The appliance combines hardware, operating system and SGGG's proprietar...Read more
	Hedge funds launches pick up pace in Q3: report	Dec 16/10
	Hedge funds look hot again. Encouraged by strong capital flows and investors' new taste for riskier assets, hedge fund launches picked up the pace with 260 new portfolios launched during the third quarter, data released o...Read more
	George Soros invests in Flybe	Dec 16/10
	George Soros, the billionaire hedge fund manager, has emerged as a significant new investor in Flybe, the British low-cost airline, following its flotation.The financier, famous for betting against the pound in the 1992 ...Read more
	Majority of fund managers remain opposed to AIFM Directive	Dec 16/10
	A Preqin survey of over 100 alternative assets fund managers and investors found that just under a third support the Alternative Investment Fund Managers Directive to some extent, with firms in certain countries where ...Read more
	East Coast Fund Management launches fund with Arrow Hedge Partners	Dec 16/10
	East Coast Fund Management has launched the East Coast Investment Grade Fund with Arrow Hedge Partners. Similar to The East Coast Performance Fund, it will invest primarily in investment grade credit instruments of Ca...Read more
	Funds-Of-Hedge Funds Assets Up 4% To $920 Billion	Dec 16/10
	The hedge fund industry in recent years has opened its gates, so to speak, to more mainstream investors. In some cases for as little as $50,000, investors can buy into so-called funds-of-hedge funds. These basically ser...Read more
	State Streets adds hedge fund client	Dec 16/10
	State Street Corp. (NYSE: STT) said it has landed LibreMax Capital, founded by former Deutsche Bank executives, as a new client for its rapidly growing hedge fund administration business.St...Read more
	Distressed Asset Firms Offer to Buy Out Madoff Victims	Dec 15/10
	Following the climax of Madoff trustee Irving Picard's lawsuit frenzy, The New York Times reports that hedge funds and other investors in distressed assets are offering Madoff victims cash up front in exchange for the chanc...Read more
	Marketer signs on with hedge fund of funds FRM	Dec 15/10
	George Yepes was named managing director-head of North American business development at hedge fund-of-funds manager Financial Risk Management.The position is new, said spokesman Roland Cross in an in...Read more
	Hedge fund investors eager to sow seeds of capital as sector enjoys renaissance	Dec 15/10
	The latest Preqin survey shows that the number of hedge fund investors expressing an interest in seed investments has almost doubled, from 11 per cent in 2009 to 21 per cent in 2010. Investors feel that the benefits of inves...Read more
	Hedge funds outperform since 2007 peak	Dec 15/10
	Since the equity markets reached a high in October of 2007, there has been a double digit correction followed by a sharp double digit rally, which has made for a very challenging investment environment. While most broad base...Read more
	Citi Launches Prime Finance Business Advisory Practice Consulting Services	Dec 14/10
	Citi Launches Prime Finance Business Advisory Practice Consulting Services for Hedge Funds in All Phases of Development NEW YORK, Dec 09, 2010 (BUSINESS WIRE) -- Citi announced today that its Prime Finance division has launche...Read more
	Hedge funds pull in almost $13B in November	Dec 14/10
	Hedge funds pulled in roughly $13 billion in new money from investors in November, the fifth consecutive month of inflows and a shift from the pullbacks that marked the first part of year, a research group reported Monday. ...Read more
	Hedge Funds Raise Bets on Commodity Rally to Highest Level in Four Years	Dec 13/10
	Hedge funds and large speculators increased their bets on a commodity rally to the highest level since at least 2006 as copper and gold gained to records. An index tracking speculative positions in 20 commodity futures in ...Read more
	Boston emerges as a major hub in insider probe	Dec 13/10
	Think of hedge fund hubs in the United States, and the names that tend to come to mind are New York and Greenwich, Connecticut. Yet when it comes to a major U.S. insider trading investigation, Boston is taking center stage. ...Read more
	Hedge Funds Can't Stop Buying Apple	Dec 13/10
	With the way Apple not only straddles the burgeoning tablet and smartphone markets but also holds sway across the computer, home-entertainment, and media fields, the moves it makes can have an impact on the future of hundr...Read more
	Hedge Funds, Institutions to Increase Commodity Investments, Barclays Says	Dec 10/10
	Hedge funds and institutional investors will put more money into commodities next year on bets that a recovery in the global economy will boost demand for metals, grains and energy, according to a Barclays Capital survey. ...Read more
	Citigroup Adds Hedge-Fund Service Amid Scrutiny, Rules	Dec 10/10
	Citigroup Inc., the third-biggest U.S. bank, said its prime finance business is starting a consulting service for hedge funds amid increased scrutiny from investors and new requirements from regulators. Citi Prime Finance is...Read more
	German family offices pile into hedge funds	Dec 10/10
	A survey has revealed the popularity of hedge funds among various investor groups in Germany and Austria, with family offices shown to be the keenest buyers. The survey of 400 professional investors was conducted by Man Inves...Read more
	GLOBAL HEDGE FUND INDUSTRY EMPLOYS 300,000 PEOPLE - AIMA	Dec 10/10
	The world’s hedge fund industry employs an estimated 300,000 people. That’s according to the Alternative Investment Management Association (AIMA) – the global hedge fund industry association. It’s the first time the number of ...Read more
	Skies have cleared for hedge funds globally: Ernst & Young	Dec 10/10
	Impending regulations still weigh heavily on fund managers' minds Hedge funds no longer stand at the abyss, says a new global hedge fund survey from Ernst & Young released Thursday. “In 2008, at the height of the downtu...Read more
	Hedge Funds Return 0.6% in November, Beating Stocks as Japan Managers Lead	Dec 09/10
	Hedge funds rose 0.6 percent in November, led by Japanese managers, and outperformed global equity markets that fell during the month, Eurekahedge Pte said. Hedge funds posted positive returns for the fifth consecutive mont...Read more
	MSCI launches series of 13 value weighted indexes	Dec 09/10
	MSCI has launched a series of value weighted indexes, the MSCI Value Weighted Indices. They are based on several flagship MSCI indexes. The series of 13 indexes includes MSCI World Value Weighted Index, MSC...Read more
	Hedge funds experience largest net asset flow since 2007	Dec 09/10
	Hedge funds recorded the largest quarterly asset jump in over three years with industry capital increasing by $120 billion in the third quarter, boosted by performance and new money. Investors all...Read more
	Equity hedge leads hedge fund gains in November	Dec 09/10
	With a strong contribution from equity hedge strategies, hedge funds posted a gain for November, with the HFRI Fund Weighted Composite Index up 0.26 per cent. Sovereign credit risk was again a foc...Read more
	Market Outperforms Hedge Funds?	Dec 09/10
	What do hedge fund managers and closet indexers have in common? More than you think, according to a new study by Emory and Harvard Universities. The report examined over 11,000 hedge funds and the...Read more
	Global hedge funds barely positive in November	Dec 08/10
	* Hedge funds return 0.2 percent in November * Beat broader stock indexes * November returns trail October's 1.95 pct gain NEW YORK, Dec 7 (Reuters) - Global hedge funds eked out tiny gains in November but outpaced th...Read more
	Hedge fund bet proves that not all assets are toxic	Dec 08/10
	Last week's data dump by the Federal Reserve, a spreadsheet accounting of 21,000 transactions representing its $3.3 trillion intervention in the financial system, revealed:One, that the panic sweeping through the glo...Read more
	Hennessee Group: Hedge funds advance 0.2% in November	Dec 08/10
	Hedgefund investment adviser Hennessee Group LLC announced today that the Hennessee Hedge Fund Index advanced to +0.2% in November (+7.0% YTD), while the S&P 500 and the Dow Jones Industrial Average declined to ...Read more
	Hedge funds take in $16 bln in October-report	Dec 07/10
	Global hedge funds pulled in $16 billion in new money in October, marking the strongest inflows in nearly one year, according to data released on Monday from TrimTabs and BarclayHedge. Pens...Read more
	Maple Leaf shareholder not planning quick exit	Dec 07/10
	The money manager who is challenging the board of Maple Leaf Foods (MFI-T11.38-0.24-2.07%) says he doesn’t want to break up the company – he just wants to make management and the board more ...Read more
	Hedge funds on insider probe: Bring it on	Dec 07/10
	Although the insider trading investigation is still in early stages, some fund managers are already positioning their firms to attract new clients from its wreckage. Think the insider trading probe is bad fo...Read more
	Hedge Funds Increase Bullish Oil Bets Most in Eight Weeks: Energy Markets	Dec 06/10
	Hedge funds increased bullish bets on oil by the most in eight weeks as signs that the global economic recovery is gaining pace stoked speculation demand for crude will rise. The funds and other large investors boosted so-ca...Read more
	Reluctant Analyst Pressured by the FBI	Dec 06/10
	The Federal Bureau of Investigation raised the legal heat on an independent analyst who declined to help the government gather evidence in an expansive insider-trading investigation. The FBI served a subpoena Friday to John K...Read more
	Hedge Funds Decline in November Amid Europe Debt Crisis, Stock Market Drop	Dec 06/10
	Hedge funds declined the most in six months in November as the European debt crisis pushed stock markets lower across the globe. The Bloomberg aggregate hedge fund index fell 1.5 percent, the most since May, when a sudden s...Read more
	News Investors wary of putting money with top-performing emerging market hedge funds	Dec 06/10
	Emerging markets hedge funds show strongest growth year-to-date but investors have allocated only $10 million of net new capital to these hedge funds compared with $19 billion to developed markets. Assets under...Read more
	Credit Suisse index posts negative hedge fund performance for November	Dec 06/10
	The Credit Suisse Liquid Alternative Beta (CS LAB) Index turned in a negative performance for hedge funds in November, falling 1.29%, as managers struggled to find profitable positions. European equiti...Read more
	Commodities to Get Boost From New Regulation Effort, Arrowhawk's Fan Says	Dec 03/10
	The most sweeping rewrite of Wall Street rules since the 1930s will encourage traders to invest in physical commodities, potentially keeping supply off the market and affecting prices, said Jennifer Fan, a partner and senio...Read more
	Shortage of EM Credit Hedge Funds	Dec 03/10
	Emerging markets credit has grown as an asset class and should have an important role to play in any institutional investor global portfolio. However, investors are struggling to find robust EM credit hedge fund managers that ...Read more
	250+ hedgies and investors came together in Tokyo	Dec 03/10
	On Thursday 2 December more than 250 local, regional and global hedge fund managers and Japanese institutional investors came together at the at the exclusive Roppongi Hills Club for the Tokyo Hedge Funds Club year-end party...Read more
	CFA suggests endowments, foundations limit hedge fund investments	Dec 02/10
	Endowments and foundations should consider restrictions on investments with hedge funds and other private funds that have defined lockup periods that prevent access to invested capital, according to the ...Read more
	Hedge Funds Got Fed Help, Too	Dec 02/10
	Wall Street banks weren’t the only ones approaching the Federal Reserve for help. When the credit markets nearly froze up in the fall of 2008, the Federal Reserve Bank of New York helped hedge funds, mutual funds and other bi...Read more
	Get Ready, Hedge Fund Mutual Funds Are About To Fundamentally Change The Market	Dec 02/10
	With the large scale shuttering of hedge funds coupled with investor skittishness over fraud, it seems like the migration of hedge funds to a transparent, publicly available mutual fund structure is inevitable. We ...Read more
	New wave of hedge fund start-ups find life is tough	Dec 01/10
	The hedge fund industry's proverbial 'two traders and a terminal in Mayfair' are back. But starting your own hedge fund is likely to prove a much less lucrative venture for the foreseeable future, thanks to hard bargainin...Read more
	Hedge fund managers remain predominantly downbeat on US equities	Dec 01/10
	Hedge fund managers remain predominantly downbeat on US equities, according to the TrimTabs/BarclayHedge survey of hedge fund managers for November. About 39 per cent of the 83 hedge fund managers surveyed are bearish on the...Read more
	Palos Joins the Scotia Capital Canadian Hedge Fund Performance Index	Dec 01/10
	MONTREAL, Dec. 1 –Recently, the Palos Income Fund L.P. became recognized as a major player nationally. We are proud to announce that our flagship fund is now included in the Canadian Hedge Fund Performance Index, published by ...Read more
	Hedge Fund-M&A: Stormharbour Alternative Investments	Nov 30/10
	New York (HedgeCo.net) – New York independent advisory firm, StormHarbour Partners LP, has acquired London-based hedge fund Fortrinn Partners LLP, a FSA regulated investment manager that specialises in volatility trading strat...Read more
	Diamondback Hedge Fund Gets U.S. Grand Jury Subpoena	Nov 30/10
	Diamondback Capital Management LLC, one of three hedge funds raided by the FBI last week, said it received a federal grand jury subpoena and is cooperating in a U.S. probe that it said includes research consultants. The firm...Read more
	RWC Partners to launch macro hedge fund in January	Nov 30/10
	RWC Partners will launch the RWC Macro Fund managed by Peter Allwright and Stuart Frost at the end of January 2011. The fund will be the first fund that RWC Partners will domicile in Ireland. Subject to approval it will be s...Read more
	Hedge Funds Raise Natural Gas Wagers to Four-Month High: Energy Markets	Nov 30/10
	Hedge funds increased bullish bets on natural gas to the highest level in four months on speculation that lower-than-normal temperatures will bolster heating demand and trigger withdrawals from record stockpiles. The funds a...Read more