General News

	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
	Concerned InfuSystem Stockholders File Prelim Consent Solicitation to Call Special Mtg	Jan 25/12
	Concerned InfuSystem Stockholders File Preliminary Consent Solicitation to Call a Special Meeting of StockholdersProposes to Replace Board of Directors to Represent Best Interests of InfuSystem StockholdersSANTA MONICA, Calif.--(B...Read more
	Hedge funds have a lot to prove in 2012	Jan 25/12
	In what Reuters labelled the “great hedge-fund humbling of 2011,” hedge funds across North America collectively suffered one of their worst years on record, in many cases underperforming even mutual funds, which themselves hav...Read more
	Uptick rule could curb quant fund risk-Man Group CEO	Jan 24/12
	The head of Man Group , the world's biggest listed hedge fund manager, is backing the reintroduction of the so-called 'uptick rule' to reduce the risk of a market crash prompted by lightning-fast computer traders. Peter ...Read more
	Hedge fund exit requests at record low: GlobeOp	Jan 23/12
	Redemption requests by hedge fund clients have fallen to the lowest monthly level on record as improving market sentiment combined with a typical seasonal lull in asset re-allocation, data shows. The GlobeOp Forward Redem...Read more
	Politicians Seeking Upper Hand Over Hedge Funds in Greek Bailout	Jan 23/12
	Negotiations to avert a default by Greece continue to move haltingly. The closer the parties get to a resolution--presumably replacing existing short-term debt with new, long-term bonds with a reduced coupon--the clearer it is...Read more
	Volatility and uncertainty will continue to pressure L/S equity, Hedge Fund Research warns	Jan 23/12
	Market volatility and uncertainty will continue to put pressure on equity long/short hedge funds going into 2012, warned Kenneth Heinz (pictured), president of the Chicago-based Hedge Fund Research (HFR). “It is difficult ...Read more
	AIMA says financial transaction tax could undermine EU single market	Jan 20/12
	The proposed European Union financial transaction tax (FTT) could lead to a significant decrease in cross-border trading of financial instruments in the EU, undermining the single market, according to the Alternative Investm...Read more
	Hedge fund Tell Investments falls silent	Jan 19/12
	Hedge fund Tell Investments is pulling down the shutters on 15 years of trading, after deciding the market is too tough. Its decision follows three years of disappointing performance. The fund, which has offices in Switz...Read more
	Hedge funds may sue Greece if it tries to force loss	Jan 19/12
	LONDON: Hedge funds have been known to use hardball tactics to make money. Now they have come up with a new one: suing Greece in a human rights court to make good on its bond payments. The novel approach would have the ...Read more
	Man Group Assets Drop 9.5% as Market Turmoil Erodes Investment Performance	Jan 18/12
	Man Group Plc (EMG), the world’s largest publicly traded hedge fund, will reduce pay and eliminate jobs in a plan to reduce costs by about 10 percent as market turmoil prompted clients to withdraw money. The $75 mill...Read more
	Will hedge fund holdouts scuttle Greek swap deal?	Jan 18/12
	Hedge funds holding Greek bonds that mature in March may have the strongest hand in the critical negotiations to restructure the cash-strapped country's debt. The Greek government wants to swap out that maturing debt for ...Read more
	European hedge funds line up bets on China downturn	Jan 17/12
	European hedge fund managers are betting that China's once red hot economic growth will cool dramatically in 2012, hitting companies, economies and commodity prices that have been fuelled by the world's second largest econom...Read more
	CP union wants Fred Green out	Jan 17/12
	Bill Ackman’s efforts to oust Canadian Pacific Railway Ltd.’s chief executive, Fred Green, received a ringing endorsement Monday from one of the railway’s largest unions. William Brehl, president of Teamsters Canada Rail Conf...Read more
	Unusually quiet January has investors puzzled	Jan 17/12
	Stock market is calm — perhaps a little too so — and experts say big move might be in store After wild price swings that left investors bewildered and not a cent richer last year, stocks are rising again, and calm has settled o...Read more
	Analysis: The great hedge fund humbling of 2011	Jan 17/12
	Excuses, excuses and more excuses. Some of the best-known hedge fund managers have offered lots of excuses for underperforming the major stock market indexes last year, with many large funds posting double-digit losses. In l...Read more
	Hedge Funds to Draw $80 Billion in 2012, Most in Five Years, Barclays Says	Jan 16/12
	Investors may add about $80 billion of new capital to hedge funds globally this year, the most since 2007, Barclays Plc (BARC) said in a report. About 56 percent of investors surveyed by Barclays plan to increase such inv...Read more
	AIMA Trails New Website	Jan 16/12
	The Alternative Investment Management Association says it has launched a new website. It says the new site contains a number of new features and functions designed to make it easier for our members, policymakers, inves...Read more
	Finding opportunities in tough times	Jan 13/12
	When Stephen Diggle and Richard Magides went their separate ways at the end of February 2011 after 10 years of working together at their Singapore-based hedge fund Artradis Fund Management, Diggle found that he still saw som...Read more
	Hedge funds hunker down for Greek debt standoff	Jan 13/12
	* Funds positioned for talks to succeed or fail * Part bank-owned funds among the players * Size of fund holdings may derail deal LONDON, Jan 12 (Reuters) - Hedge funds are positioning to profit from a plan to sla...Read more
	Hedge funds feel the January blues as subscriptions slip	Jan 12/12
	* Hedge fund exits rise in January * Net subscriptions drop 0.88 points * Investors rebalance portfolios for new year London, Jan 11 (Reuters) - Hedge funds have started the new year with a bout of the January blues, ...Read more
	Hedge Funds Try to Profit From Greece	Jan 12/12
	Hedge funds in New York and London are trying to profit from trading Greek government bonds as European banks brace for losses from a debt swap. Saba Capital Management LP, founded by former Deutsche Bank AG (DBK) credit...Read more
	Hedge funds lock horns with IMF on Greek debt	Jan 11/12
	Hedge funds are taking on the powerful International Monetary Fund over its plan to slash Greece's towering debt burden as time runs out on the talks that could sway the future of Europe's single currency. The funds have ...Read more
	Eurekahedge Hedge Fund Index Flat, But No Carnage	Jan 11/12
	Despite the apparent carnage sweeping through the hedge fund sector, with losses of billions of dollars being reported for well known name, the Eurekahedge Hedge Fund Index was down just 0.21% in December as volatile ...Read more
	Hedge funds decline 0.60% in December	Jan 11/12
	The Hennessee Hedge Fund Index declined 0.60% in December (-4.27% YTD), while the S&P 500 advanced 0.85% (-0.02% YTD), the Dow Jones Industrial Average advanced 1.43% (+5.52% YTD), and the NASDAQ Composite Index fell 0.58%...Read more
	Top 200 Hedge Fund List faces Tumultuous Quarter; Big Gainers and Losers Lead the Way	Jan 10/12
	HedgeTracker’s latest Top 200 U.S. Equity Hedge Fund list reveals a challenging third quarter for top 200 hedge funds with total US equity assets declining by more than $125 billion. While many top hedge funds suffered, a nu...Read more
	Dow Jones Credit Suisse Core Hedge Fund Index down 0.41% in December	Jan 10/12
	The Dow Jones Credit Suisse Core Hedge Fund Index was down 0.41% in December as the component strategies reported mixed results. Managed Futures and Convertible Arbitrage were the top performing strategies, up 1.82% and 1.29%...Read more
	Legal and Operational Due Diligence Best Practices for Hedge Fund Investors	Jan 09/12
	In the wake of the financial crisis in late 2008, many investors were left trapped in suspended, gated or otherwise illiquid hedge funds. Unfortunately, for many investors who had historically taken a passive role with respec...Read more
	Canada Regulator, Banks Take Aim at U.S. 'Volcker Rule'	Jan 09/12
	TORONTO (Reuters)—Canada's financial services regulator and the country's banking sector are pushing back against the "Volcker rule" — a key plank of U.S financial reform that they say would unfairly punish Canadia...Read more
	Hedge Funds Fell 4.9% in 2011 as European Debt Crisis Hurt Global Stocks	Jan 06/12
	Hedge funds fell 4.9 percent last year as global stock markets slumped amid fears that the European sovereign-debt crisis would spread and managers struggled with increased market volatility. The Bloomberg aggregate hedge-...Read more
	Soros says EU break-up would be catastrophic: report	Jan 06/12
	A collapse of the euro and break-up of the European Union would have catastrophic consequences for the global financial system, billionaire investor George Soros was quoted as saying. "Today, the euro is potentially ...Read more
	The Big Hedge Fund Stories from 2011	Jan 05/12
	Although individual news items can have can have historical significance (such as story 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 stories...Read more