General News

	Hedge funds guard data more, give clients new reason to grumble	Mar 10/14
	After years of complaining about high fees and lackluster returns, hedge fund investors have something new to grumble about: It is getting harder to see even the most basic data about what's happening with their money. Big-...Read more
	AIMA’s new advocate-in-chief sets out key areas for global engagement and education	Mar 03/14
	Just a week or two into his new role as the chief executive officer of global hedge fund association AIMA, industry veteran Jack Inglis’ enthusiasm and energy for the job and its increasingly broad and global array o...Read more
	Hedge fund self-service; the ultimate hedge fund app	Feb 26/14
	It has been the elusive terrain of many a software developer and hedge fund marketer, but giving investors and managers the ultimate hedge fund sourcing solution has been the dream revisited by many over the years and 2014 i...Read more
	Sprott Bets on Mexico as Hedge Fund Boosts Bonds: Canada Credit	Feb 25/14
	Sprott Asset Management LP is betting Canada’s bond market will be on the losing side of a deepening North American rivalry with Mexico for the fruits of a recovering U.S. economy. Michael Craig, fix...Read more
	Hedge fund exit requests rise slightly in February	Feb 24/14
	Hedge fund investors asked to pull out just slightly more money in February than they did the previous month, largely sticking with their managers to help them navigate financial markets, data showed on Friday. The pe...Read more
	Hedge funds start 2014 in negative territory	Feb 24/14
	According to Preqin’s Hedge Fund Analyst, hedge funds made a loss of 0.17 per cent in January 2014, the benchmark’s first month in negative territory since August 2013. The decline in equity markets led to negative returns ...Read more
	ETFs cash in by copying hedge fund stock picks, but some see risks	Feb 24/14
	Small investors who have longed to benefit from the brains of top hedge fund managers can now purchase those same stock picks without paying hefty fees or tying up a large amount of money. The catch is that Global X Funds and...Read more
	Hedge Fund Association Announces 2014/2015 Board Election Results	Feb 24/14
	Hedge Fund Association Announces 2014/2015 Board Election Results Mitch Ackles elected to second term...Read more
	Index returns blew past hedge funds in 2013	Feb 24/14
	While the S&P 500 rewarded investors with a 32.4% return in 2013, hedge funds investors got 9.8%, says Business Insider. Most of the underperformance is from short positions the funds held, says BI. Had the funds...Read more
	Hedge fund assets to top US$3 trillion by year end	Feb 20/14
	Nearly half of institutional investors increased their hedge fund allocations in 2013 Hedge fund assets are expected to top US$3 trillion by the end of 2014, according to Deutsche Bank's latest annual alternative ...Read more
	Alts: Are They ‘Alternative’ Anymore?	Feb 14/14
	Over the last couple years, we’ve written time and again about the mainstreaming of alternative investments with the rise of alternative mutual funds and ETFs. But data released by Cerulli Associates gives even more crede...Read more
	Hedge funds beat index in January	Feb 12/14
	Hedge funds were down 0.44% in January, outperforming underlying markets as the MSCI World Index declined 3.74% during the month with global markets off to a bumpy start in 2014. Key takeaways for January 2014: Hedge fu...Read more
	Soros Tops Historical Hedge Fund Performers	Feb 11/14
	The annual study from fund-of-funds firm LCH Investments found that the manager, who closed his firm to outside investment a few years ago, bests most of his peers over the long term. George Soros’ Quantum Endowment Fun...Read more
	Hedge funds outperform slumping stocks in January, burnish image	Feb 11/14
	Hedge funds outperformed a slumping stock market in January with strategies from activism to volatility plays, helping buff the image of an industry criticized in the last years for its high fees and failure to top climbing ...Read more
	Fiera Capital CEO honoured	Feb 06/14
	Investment Executive’s sister publication names Jean-Guy Desjardins the 2013 Quebec Financial Person of the Year Jean-Guy Desjardins, CEO of Montreal-based Fiera Capital Corp. is Finance et Investissement's 2013 ...Read more
	FATCA deal finalized	Feb 06/14
	Canadian financial institutions won’t be required to report directly to American tax authorities, Finance Minister Jim Flaherty announced Wednesday. Read: Who’s on the hook for FATCA? Canada’s reached an agreement with t...Read more
	Will Funds of Hedge Funds Stage a Comeback in 2014?	Feb 04/14
	Funds of hedge funds have been met with difficult challenges in the past six years due to mixed returns, capital outflows, a large number of fund closures and industry consolidation. As a result of higher fees and dampened per...Read more
	Hedge Funds Raising Gold Wagers Dump Copper: Commodities	Feb 03/14
	Hedge funds raised bullish gold wagers by the most since July and sold copper holdings as emerging-market turmoil boosted concern the global economy will slow and increased demand for precious metals as a haven. The net-long...Read more
	Ross Smith expands executive team	Jan 30/14
	Hedge fund manager appoints two co-CEOs Calgary-based hedge fund manager Ross Smith Asset Management Wednesday announce the appointment of both Joseph Perry and Chris Preston as co-CEOs.Perry is a 19-year veteran of...Read more
	Rick Mercer makes fun of FATCA	Jan 28/14
	The Foreign Accounts Tax Compliance Act may not seem like a topic ripe for comedy, but satirist Rick Mercer shows us anything is possible on Rick Mercer Report. FATCA’s unclear implications for Canadians were the subject of o...Read more
	Investor requests to exit hedge funds fall in January	Jan 23/14
	Hedge fund investors withdrawal requests in January were for a lower amount than last month, new data showed on Wednesday, as more clients stuck with their managers to navigate financial markets in the coming year. Th...Read more
	Hedge funds' top five currency bets for 2014	Jan 21/14
	Hedge funds think 2014 could be the year their currency bets finally pay off, after getting burned last year on trades ranging from the Australian dollar to the greenback. The influence of central banks and competition am...Read more
	Hedge fund assets increase 13%	Jan 21/14
	Total assets in the hedge fund industry increased by almost 13% during the year to breach the US$2.0 trillion mark, according to the Eurekahedge Report. And hedge funds had a great year of performance-based gains since 2010, ...Read more
	Great year anticipated for hedge fund startups	Jan 20/14
	Experience, available seed money, spinouts are among factors that could make for explosive 2014 2014 is shaping up to be one of the most active years for hedge fund launches since befo...Read more
	AIMA's new CEO Jack Inglis to start 1 February	Jan 16/14
	London – 16 January 2014: The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has announced that Jack Inglis will take over as CEO of the organisation on 1 February 2014. Mr In...Read more
	Women hedge fund managers outpace male rivals, again	Jan 15/14
	Women hedge fund managers have outperformed their male rivals, on average, for the second year in a row, according to professional services firm Rothstein Kass which tracks the industry. From Jan. 1, 2013, through the end...Read more
	Investors exit hedge funds at fastest rate in four years	Jan 14/14
	Investors pulled out money from hedge funds at the fastest rate for more than four years in December, following a year in which many managers' performance disappointed, new data showed on Monday. The SS&C GlobeOp ...Read more
	Hedge Funds Trail Stocks for Fifth Year With 7.4% Return	Jan 08/14
	Hedge funds trailed the Standard & Poor’s 500 Index (SPX) for the fifth straight year as U.S. markets rallied to record levels. Hedge funds returned an average of 7.4 percent in 2013, after a gain of less than 0.1 per...Read more
	Hedge funds get USD17.5bn in November	Jan 08/14
	Hedge funds took in USD17.5bn or 0.9 per cent of assets in November, according to a report from BarclayHedge and TrimTabs Investment Research. This inflow was the highest in six months and the second-highest in the past t...Read more
	Eric Sprott appointed to Order of Canada	Jan 08/14
	Sprott chairman honoured for philanthropy Eric Sprott, founder and chairman of Toronto-based Sprott Inc.. is among the new appointments to the Order of Canada recently announced by the Governor General of Canada.Sprott w...Read more
	Gottex to buy EIM Group	Dec 17/13
	BOSTON (Reuters)—Arpad Busson will sell his EIM Group to alternative investment manager Gottex Fund Management Holdings Ltd. for $38 million, in a deal underscoring a trend of consolidation in the $2.5 trillion industry. ...Read more
	Canadian Pension Funds, the New Buyout Kings, Take On Private Equity	Dec 13/13
	Mark Wiseman, chief executive officer of the Canada Pension Plan Investment Board, walked into Bergdorf Goodman in the mid-1990s looking for a suit. “I couldn’t afford anything there,” he says. While he still hasn’t bought a suit ...Read more
	Investors add to hedge fund holdings in November	Dec 12/13
	Investors added more cash to hedge funds than they redeemed in November, encouraged by managers making money even as the stock market rally paused, new data showed on Wednesday. The SS&C GlobeOp Capital Movement I...Read more
	Gold Drop Is Blow to Prominent Hedge-Fund Manager Sprott	Dec 12/13
	One of the world's biggest gold bugs is getting crushed by the metal's steep fall. The flagship fund of prominent Canadian hedge-fund manager Eric Sprott SII.T -3.08% has dropped more than 50% this year in what will l...Read more
	The Hedge Fund Problem -- and the Solution	Dec 12/13
	Hedge funds have a problem... and we have a solution. Equity hedge funds are significantly lagging the S&P 500 this year, according to data tracked by www.hedgefundresearch.com on over 7,000 funds globally. Wh...Read more
	Hedge Fund Assets Top '08 Levels	Dec 10/13
	More than six years after the advent of the financial crisis, the world's hedge funds have at last recouped their lost assets.Hedge fund industry assets hit a new record in November, totaling $1.97 trillion, according to ...Read more
	New hedge funds need $300 mln in assets just to break even	Dec 10/13
	Traders launching a hedge fund need to raise at least $300 million in assets to pay for rising regulatory costs and to offset lower fees, a survey showed, a far cry from the pre-crisis days when managers could start with ten...Read more
	The Five Reasons Hedge Funds Underperform	Dec 10/13
	"The $2.5 trillion hedge-fund industry, whose money managers are among the finance world’s highest paid, is headed for its worst annual performance relative to U.S. stocks since at least 2005. "The funds returned...Read more
	Growth is the top strategic priority for 67 per cent of hedge funds this year, says survey	Dec 09/13
	As the hedge fund industry matures most managers are increasingly focused on growth, according to EY's seventh annual survey of the global hedge fund market. However, the survey shows that while managers want to grow throug...Read more
	The Hedge Fund Way: Pay More, to Get Less, and Be Unable to Access Your Money	Dec 09/13
	Another month, another marker that hedge funds are having an annus horribilis: With returns of 7.1 percent so far this year, the industry is badly trailing the broader market, where the Standard & Poor’s 500-stock index ...Read more
	AIMA announces new Chair and Deputy Chair of Investor Steering Committee	Dec 06/13
	AIMA, the global hedge fund association, has announced a new Chair and Deputy Chair of the AIMA Investor Steering Committee (ISC), which features leading institutional investors in hedge funds from around the world and underta...Read more
	Hedge fund managers more bullish than investors: survey	Dec 06/13
	Institutional investors aren’t necessarily planning to increase their allocations As the hedge fund industry matures, most managers are increasingly focused on growth, according to EY's seventh annual survey of th...Read more
	Asset flows: Investors pull from event-driven fund	Dec 05/13
	Managed futures funds take inflows. October was a strong month for inflows into the hedge fund industry, with 80% of the Absolute Return hedge fund strategies experiencing positive inflows. Investors continue to fu...Read more
	Hedge funds turn to "long-only" investing in bid to grow	Dec 03/13
	Dec 2 (Reuters) - Half of hedge funds now sell products traditionally the preserve of mainstream asset managers such as "long-only" strategies, a study shows, reflecting how conservative investors have come to ...Read more
	Gold Bulls Retreat as Prices Drop to Four-Month Low	Dec 03/13
	Hedge funds grew less bullish on gold for a fourth straight week, the longest stretch since November 2012, as mounting concern that the Federal Reserve will curb monetary stimulus sent prices to a four-month low. The net-lon...Read more
	Where a $6 Billion Hedge Fund Sees Opportunity	Dec 03/13
	Tiger Global Management, the nearly $6 billion hedge fund run by Julian Robertson protégé Charles Coleman, employs an investment style that thrives on technology-driven global consumerism. Browse through the fund's holdings in...Read more
	The suspiciously simple strategy behind the “best performing hedge fund in history”	Dec 03/13
	With the poor performance of hedge funds—which so far have lagged behind benchmark equity indices in each quarter of 2013—it’s no wonder a fund would be breathless in promoting its money-making results. ...Read more
	Arrow Capital Management Inc. Completes Purchase of BluMont Capital Corporation	Dec 03/13
	Arrow Capital Management Inc. ("Arrow") is pleased to announce that it has received all necessary approvals of applicable securities regulatory authorities and that on December 2, 2013 it completed the previously...Read more
	New hedge fund managers can score big gains, or losses	Nov 28/13
	Wealthy investors may get more bang for their buck if they invest with brand new hedge fund managers, but they must also have a strong stomach to tolerate potential losses, a study released on Wednesday shows. Data from r...Read more
	5 most popular stocks among hedge funds	Nov 28/13
	After the end of each quarter, hedge funds and other major investors disclose their long equity positions in stocks that are publicly traded in U.S. exchanges. Our research has shown that investors can significantly outperf...Read more