General News

	Can Hedge Funds Survive Bernanke?	May 23/13
	You have to wonder how long an industry that underperforms the broader market will stay around.Goldman Sachs Group Inc. published a chart today comparing the performance of hedge funds that invest in equities with ...Read more
	Hedge Funds: Coming To A Billboard Near You	May 23/13
	Hedge Fund advertising, though banned now, could become a reality. a new paper examines the effect of the move on the industry. Hedge funds are viewed sceptically by much of United States law. Though the firms are allowed...Read more
	Google Is The New Hedge Fund Hotel, Boeing The Market Darling, And Apple's Looking Rotten	May 22/13
	The 50 largest hedge funds in the world decided to sell Apple AAPL -0.74% in the first quarter, replacing it with Boeing BA +0.03% and, interestingly, Norwegian Cruise Holdings which went public in January, ...Read more
	The 49 Stocks That The Biggest Hedge Funds Love Most	May 22/13
	After thumbing through the latest quarterly filings from the world's 50 biggest hedge funds, Factset has published its Q1 Hedge Fund Ownership Report. "The 50 largest hedge funds increased their equity expo...Read more
	Hedge funds extend gains in April	May 22/13
	Eleven out of 13 of the EDHEC-Risk Alternative Indexes recorded positive returns in April. Equity-focused strategies all exhibited returns consistent with their modelled exposure which has been rather low lately, with ...Read more
	Hedge Funds Shift to Bearish Bets on Treasury 10-Year Notes	May 21/13
	Hedge-fund managers and other large speculators held a net-short position in 10-year note futures for the first time in almost two months amid speculation Federal Reserve officials may taper the pace of asset purchases. T...Read more
	Best 100 Hedge Funds	May 21/13
	Hedge-fund manager Christian Zugel has made a mint in mortgage-backed securities, and he has also been wheeling and dealing in a lot of real estate. He has had to figure out how to fit a growing staff of 73 into a reno...Read more
	Hedge Fund Returns Stay Positive but Performance Wanes in April – May 2013	May 21/13
	Preqin’s early hedge fund benchmarks show that average returns have just managed to remain in the positive, with hedge funds posting 0.5% on average in April. This brings the average year to date return to 3.67%; however this ...Read more
	Retail alternatives to triple to nearly USD1trn by 2017, says Citi Prime Finance survey	May 17/13
	Global demand for retail focused, liquid alternative investment products will reach USD939bn by 2017, more than three times the current level, according to a survey from Citi Prime Finance.The growth forecast comes ami...Read more
	Soros Joins Gold-Stake Cuts Before Bear Market Drop	May 16/13
	Billionaire investor George Soros joined Northern Trust Corp. and BlackRock Inc. in cutting holdings of exchange-traded products backed by gold before a bear market in prices last month, while John Paulson maintained a ...Read more
	The 'Smart Money' Hedge Funds Don't Look So Smart Anymore	May 16/13
	Not long ago it seemed that the “smart money” was invested in hedge funds which generated outsized returns for investors. When broad markets fell by 40% in the crash of 2008 and 2009, hedgies like John Paulson, who bet against...Read more
	Gold remains a good store of value, says hedge fund manager	May 14/13
	Even with the recent drop in gold prices, many hedge funds and analysts believe gold is still a good investment and the best store of value.Paul Singer, founder and president of the Elliot Management, which manages ove...Read more
	Ontario Teachers' Pension Names New Head	May 14/13
	Retiring President and CEO Jim Leech’s successor will come from within the C$130 billion fund. Ontario Teachers' Pension Plan has named Ron Mock, its senior vice-president for fixed income and alternatives, to succeed Jim Leech ...Read more
	Hedge funds' bullish bets on commodities at 6-week high	May 13/13
	* Managed money net longs at $63 bln for week ended May 7 * Oil, coffee, cocoa and corn see the most inflows * Soybeans, natural gas and gold see big outflows The net long money held by hedge funds and other big...Read more
	Hedge fund managers advised to increase risk	May 13/13
	Risk managers are at times advising portfolio managers to take more risk, which – especially in the aftermath of large market events and subsequent de-risking – marks a milestone in the hedge fund industry's move towar...Read more
	Hedge Funds Look to Play High-Yield Bonds, US Stocks	May 10/13
	Top hedge funds are playing into global trends and have identified U.S. stocks and inflation assets as key areas where markets are mispricing risk-reward. Two top hedge fund managers told CNBC where they are putt...Read more
	The Mutualization of Hedge Funds: Will it Be Successful?	May 10/13
	Before hedge funds start marketing all-out to a potentially unfamiliar segment of the marketplace, they should first learn about the culture of mutual funds. By Robert Sanborn &nb...Read more
	Hedge funds positive for sixth consecutive month, says HFR	May 09/13
	Hedge funds posted gains for the sixth consecutive month, as trend-following, quantitative macro strategies successfully navigated the dramatic sell-off in gold and other commodities, according to data released by HFR....Read more
	Operational opportunities to reduce hedge fund expenses	May 08/13
	As the hedge fund industry has grown, so has the cost of running a fund complex. The upsurge in expenses has hastened in recent years, as firms have begun to invest in new technology and additional staff to deal with the issue...Read more
	Event Driven Hedge Funds Outperform other Strategies in March – May 2013	May 08/13
	Preqin's hedge fund performance benchmarks showed signs of improvements over March, with hedge funds posting an average return of 0.74% for the month, up from 0.14% in February. Event driven funds outperformed other strategies...Read more
	Dow Jones Credit Suisse Core Hedge Fund Index up 0.72 per cent in April	May 08/13
	The Dow Jones Credit Suisse Core Hedge Fund Index closed up 0.72 per cent in April as six of the seven index component strategies reported positive results for the month. Managed futures led the way with a return of 2....Read more
	Hedge funds raise odds on gold rally in weeks	May 07/13
	Hedge funds have raised bets on a gold rally within three weeks as central banks signal no end to economic stimulus, driving prices higher just as analysts and traders have turned the most bearish in three years. The funds an...Read more
	Soros Rumor Underpins Turning Tide Against Aussie	May 07/13
	Rumors that George Soros was planning to short the Australia dollar has taken the wind out of the robust currency, fueling expectations that the tide is turning for the Aussie dollar. The Aussie fell 0.6 percent ...Read more
	Understanding the legal issues of structuring a hedge fund and Fund Management Company	May 07/13
	One of the discussion panels at the Bloomberg Hedge Fund Start-up Conference on 28 November 2012 in London explored some of the legal issues start-up managers need to think about when establishing both the fund, and th...Read more
	Another hedge fund manager bets against Canada's big banks	May 01/13
	Another investor is fessing up to shorting Canada’s big and almost universally loved banks. He’s hedge fund manager Albert Friedberg, founder of Toronto’s Friedberg Mercantile Group Ltd., who indicated in his latest quarterly...Read more
	Hedge-fund investor presses Tim Hortons for more profit	May 01/13
	Canadian coffee-and-doughnut chain Tim Hortons Inc. is under pressure from one of its top investors to boost profitability through moves like buying back shares with borrowed money or paring back in the United States, accordin...Read more
	Spotting hedge fund fraud	Apr 30/13
	Frank Casey, who helped blow the whistle on Bernard Madoff, offers four T.I.P.S. to identify fraud The due diligence that can stop an investor from misplacing their trust and their money with a fraudste...Read more
	Long/short hedge funds outperform other strategies in Q1 2013, says Preqin	Apr 29/13
	Long/short hedge funds are the top performing strategy in the first quarter of 2013, with cumulative net returns of 4.43 per cent, according to Preqin.Preqin’s April edition of Hedge Fund Spotlight reveals that long/short...Read more
	Czech Push to Lure Hedge Funds Eyes Luxembourg Not Cyprus	Apr 26/13
	Prague is joining Frankfurt and London in a race to attract fund managers seeking European Union offices in an industry dominated by Luxembourg. EU laws taking effect in July will force tens of thousands of hedge funds and ...Read more
	Hedge funds adapt to a changing and increasingly institutional era	Apr 25/13
	In 2012, hedge funds continued their long process of recovery that has been underway since the financial markets collapsed a few years ago – with performance improving, with assets growing and with the overall outlook for th...Read more
	2013 will be a year of opportunities for hedge funds, says Lyxor research	Apr 25/13
	Risk assets are set to generate positive returns for the remainder of 2013, driven by a slowly expanding global economy and ultra accommodative monetary policy, according to research by Lyxor Asset Management.Lyxor bel...Read more
	Scotiabank Canadian Hedge Fund Index up 1.26 per cent in March	Apr 24/13
	The Scotiabank Canadian Hedge Fund Index ended March 2013 up 1.26 per cent on an asset weighted basis and gained 0.39 per cent on an equal weighted basis. The aim of the Scotiabank Canadian Hedge Fund Index is to provi...Read more
	Seeding and alternative fund routes for start-up hedge fund managers	Apr 23/13
	On 28 November 2012, Bloomberg ran the highly successful Hedge Fund Start-up Conference from its European Head Quarters in London. The objective was to provide new managers with a range of key insights from industry experts ...Read more
	Hedge fund AUM up by USD122bn in Q1	Apr 23/13
	Total capital invested in the global hedge fund industry expanded during the first quarter at the fastest rate since 2010 as global financial institutions positioned for both growth and volatility across fixed income, ...Read more
	Hedge Funds Plowed Into Gold as Market Looked Vulnerable	Apr 23/13
	Hedge funds and other big speculators plowed new money into gold even after the precious metal posted a record loss in dollar terms this week, according to trading data on Friday [April 19] that also showed inflows for many ...Read more
	Goodwood Capital Fund cuts incentive fee	Apr 23/13
	Moved aimed at providing greater certainty to investors Toronto-based Goodwood Inc., the manager of Goodwood Capital Fund, said Friday that in an ongoing effort to reduce costs for its investors in...Read more
	'Go big' in alternatives, conference attendees urged	Apr 23/13
	Some consultants recommend investing 35% to 40% in alternative investments John Geissinger, New York-based partner at consulting firm Hewitt EnnisKnupp Inc., recommends investing 35% to 40% in alternative inves...Read more
	Hedge Fund Gold Wagers Defy Worst Slump in 33 Years	Apr 22/13
	Hedge funds increased bets on gold rallying after prices plunged the most in 33 years, underscoring billionaire John Paulson’s view that bullion will rebound. Fund managers and other speculators increased net-long positio...Read more
	Lipper: Tough First Quarter For Commodity Funds	Apr 22/13
	Commodity funds took a beating in the first quarter, with the average actively managed fund in the Lipper Global Commodity sector down 1.83 percent, as market volatility provided no clear direction. A cross-commodity sell-off...Read more
	End of losses as Salida Strategic Growth Fund gets the axe	Apr 22/13
	If nothing else, the decision to terminate the Salida Strategic Growth Fund, (known previously as the Salida Multi Strategy Hedge Fund), means the unitholders won’t be subject to any more losses on their in...Read more
	Hedge fund exit requests seen stable in coming months	Apr 19/13
	Client demands to pull money out of hedge funds fell in April and are expected to remain at a steady level in the coming months as investors wait to see how funds cope with the continuing European debt crisis. Hedge f...Read more
	Launch bad	Apr 19/13
	Breaking into the hedge-fund world is harder than before IF SETTING up a hedge fund were easy, more people would do it: bar inheritance or winning the lottery, there are few swifter paths to immense ...Read more
	Make Money With Gold, Despite the Plunge	Apr 18/13
	NEW YORK (Reuters)—Stephen Hammers, co-manager of the recently launched $23 million Compass EMP Commodity Long/Short Strategies fund, doesn't expect gold's downward trajectory to last very long. As the price of gold fell to $...Read more
	Silver Slump Splits Hedge Funds From Ingot Hoarders	Apr 17/13
	Hedge funds are betting on cheaper silver for the first time since at least 2006, splitting from investors accumulating close to the biggest hoard ever and the analyst consensus for prices to rebound from a bear market...Read more
	Global hedge fund assets edge up slightly	Apr 17/13
	• Assets continue rising slowly, but well below 2007 peak • Net inflows continue despite negative returns in 2011 • New York still the leading centre, followed by London London, 12 April 2012 - Assets in global hed...Read more
	Global hedge fund assets top USD2.2trn, says HFI	Apr 17/13
	Assets in global hedge funds continued to grow in 2012 on the back of solid average fund performance across the industry last year and new inflows from investors worldwide, according to the latest research from ...Read more
	Sharp drop in gold caught many funds off guard	Apr 16/13
	Hedge fund manager John Burbank, a long-time investor in gold, said the recent sharp selloff in the precious metal came as a surprise to many investors as some economic improvement and a general decline in commodity prices t...Read more
	Hedge funds attract USD11.4bn in February	Apr 12/13
	Hedge funds took in a net USD11.4bn (0.6 per cent of assets) in February, building on an inflow of USD4.3bn in January, according to BarclayHedge and TrimTabs Investment Research. The results are based on data from 3,4...Read more
	Franklin Templeton launches new fund	Apr 12/13
	Toronto-based Franklin Templeton Investments Corp. launched a new fund on Thursday to help investors keep more of their real returns from global equities. The fund, called Templeton Growth Fund, Ltd. Series A (Hedge), uses fo...Read more
	Quant funds run one third of hedge fund assets	Apr 11/13
	Quantitative fund assets rise to $677 bln * Growth in computer-driven funds beats all hedge funds LONDON, April 10 (Reuters) - Funds employing mathematical formulas and computer models that dictate when to buy and se...Read more