Game changes for hedge funds
International Herald Tribune – Hedge funds have suffered a shakeout in 2008. The average hedge fund fell almost 20 percent, according to Hedge Fund Research. No fund has yet required a bailout. But...
View ArticleHarbinger Capital Limits Year-End Redemptions on Largest Hedge Fund
New York (HedgeCo.Net) – New York-based Harbinger Capital Partners has capped year-end withdrawals from its largest hedge fund after investors moved to pull $3.5 billion of capital. The hedge fund, run...
View ArticleHarbinger Capital Limits Year-End Redemptions on Largest Hedge Fund
New York (HedgeCo.Net) – New York-based Harbinger Capital Partners has capped year-end withdrawals from its largest hedge fund after investors moved to pull $3.5 billion of capital. The hedge fund, run...
View ArticlePaulson Not on Board with Redemption Restrictions
New York (HedgeCo.Net) – John Paulson, head of hedge fund firm Paulson & Co., recently spoke his mind on the wave of redemption freezes that many managers have chosen to impose. “We think it’s a...
View ArticleNew Year to Change Hedge Funds
Markets Media News – The New Year is likely to see several important shifts in alternative investing, according to Don Steinbrugge, managing partner of Agecroft Partners, a global consulting and...
View ArticleSteel Partners Seeks to Convert Biggest Fund to Public Company
Bloomberg – Activist investor Warren Lichtenstein is seeking to convert his largest hedge fund into a publicly traded partnership after clients sought to withdraw 38 percent of their money. The $1.2...
View ArticleWachovia to Buy Back Auction Rate Securities from Clients
New York (HedgeCo.Net) – Wachovia customers who invested in auction rate securities prior to their collapse will most likely get their money back. The SEC announced a settlement yesterday with...
View ArticlePorsche trades give funds ammunition: report
Times of the Internet – Hedge funds have gained ammunition for complaints against German sports car maker Porsche after it said it made almost 400 million euros (514 million dollars) in bets on German...
View ArticleSantander Bank Struggles to Meet Redemptions, Seeks to Halt Withdrawals
New York (HedgeCo.Net) – Spanish bank Santander is seeking to freeze redemptions after stating on Monday that they currently lack the liquidity to meet the rising demands for withdrawals. Investors in...
View ArticleEmerging markets set to perform well
Business24-7 – Middle East hedge fund investors expect emerging markets, the US and Asia (excluding Japan) will outperform in 2009 despite economic downturn, according to a survey conducted across the...
View ArticleHedge fund head says times right for global macro
Reuters – In a period when volatile markets battered most hedge funds, global macro funds are proving their worth, Graham Capital Chairman Kenneth Tropin told Reuters. During one of the hedge fund...
View ArticleMrs. Madoff Has Assets “Unrelated” to Husband’s Scam
New York (HedgeCo.Net) – While authorities are trying to locate and freeze all of the assets of admitted Ponzi schemer Bernard Madoff, lawyers representing his wife, Ruth, claim that she has millions...
View ArticleHedge funds see $159-bn outflows in Oct-Dec period
Business Standard – Spooked by increasing performance losses and record investor redemptions, the global hedge fund industry saw net outflows worth $158.91 billion in the fourth quarter of calendar...
View ArticleFund of Hedge Funds Industry Shrinks by 30% – Says InvestHedge Billion Dollar...
The funds of hedge funds industry shrank by nearly 30% in 2008. Volatile markets, zero liquidity, and year-end average returns of -16.63% led to the asset outflows for the global funds of funds...
View ArticleHedge funds that stay liquid, stay alive
Reuters – The heat is on hedge funds to outperform markets and prove their worth to skeptical investors, and to do so requires strategies based on riding out spikes in volatility, seeking liquidity and...
View ArticleHedge Funds Find Arb Opportunity in SPACs
Street.Com – In a fact sheet about the fund, which engages in several arbitrage strategies, AQR outlined plans to take advantage of a lack of liquidity in the "thinly traded" SPAC market. A spokesman...
View ArticleHedge Funds Available In Sweden For The First Time
West Palm Beach (HedgeCo.net) – The Swedish state pension platform, PPM, is including Salus Alpha funds in their premium pension portfolio with immediate effect. The Salus Alpha funds that were chosen...
View ArticleStability can help boost alternative investments
Business24-7 – Stability, and not necessarily an upward move by economies, would be enough to attract investors back to alternative investments such as hedge funds, says Dr Frank Gerhard of Barclays...
View ArticleSalus Alpha Hedge Funds Awarded Extraordinary Performance Award
West Palm Beach (HedgeCo.net) – Vienna based hedge fund manager Salus Alpha Group Services GmbH has been awarded the alternative investments award of geld-magazins for extraordinary good performance...
View ArticleSwiss Hedge Fund Manager Announces Equity Buyback and Investment Program
West Palm Beach (HedgeCo.net) – Swiss alternative investment company ALTIN AG has said it intends to maintain its share price by buying back between 5% and 10% of its own shares, its Board of Directors...
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