91 articles found within the last year.
Displaying results 1 - 20
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GLG halts dividends as hedge fund industry totters
GLG Partners has suspended dividend payments and given ... “We have decided at this time that it ... Hedge funds globally are down more than 23%...
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Hedge fund liquidations hit record levels in third quarter
Hedge fund liquidations in the third quarter surged ... In total, 344 hedge funds closed down over...
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Hedge funds face 'massive' loss as Madoff arrested
Beleaguered investors face a "complete loss" from a ... A number of prominent funds of hedge funds ... US authorities claimed Madoff told employees at Madoff ... Christopher Miller, chief executive of London hedge fund ... "Some investors in Madoff's funds face 100% write-downs...
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Barclays adds voice to bleak hedge fund outlook
Up to 80% of all hedge funds could ... "We expect a substantial reduction in the size ... Barclays' prognosis could be the most dire yet ... Earlier this year data providers Hedge Fund Research ... However knocking out 80% of funds would leave ... One consultant said: "Small funds will go first,...
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Hedge funds suffer two consecutive months of net outflows
Investors redeemed $46bn (€35.3bn) from hedge funds in ... Performance for the global hedge fund industry was ... Long-only absolute return strategies had the weakest performance ... European hedge funds tracked by Eurekahedge fared best ... Fixed-income hedge funds were were up 2.3% in...
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Baring to shut two hedge funds
Baring Asset Management is planning to close two ... The 246-year old company, which first entered emerging ... Each fund was too small to justify its ... About $13.6bn of the $40.8bn investors pulled from ... Japanese and emerging market equities have proved unprofitable...
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The strong will survive the hedge fund crisis
With the credit crisis ravaging the investment banking ... Returns were down by 23% in the 10 ... While the headline figures look damning from the ... Second, the total number of hedge funds in ... Furthermore, participants say many redemptions this year have ... There is no doubt some changes will have...
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Citadel's performance hits new low
Citadel Investment Group has hit a record low ... This year has marked Citadel’s worst performance since ... The slide in performance stems from its multi-strategy ... Citadel has subsequently cut 40 from its workforce ... The job cuts will come from the firm's ... Citadel shut down its $1bn fund of hedge...
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Tudor becomes largest fund to halt withdrawals
One of the world's largest hedge funds has ... Bloomberg reports that managers of Tudor Investment Corp's ... Tudor Investment Corp, the hedge fund manager established ... The fund has not suffered too badly in ... While the latest returns for Tudor BVI Global ... However the illiquidity of markets appears to be...
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Hedge fund assets to fall below $1 trillion
Hedge fund assets under management could fall to ... According to research by Morgan Stanley, hedge fund's ... The report said: "We estimate 25-30% redemptions from ... "We think Europe will be higher due to ... The prediction comes as global hedge fund returns ... The industry’s total assets under management dropped 9%,...
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Fortis asset management unit winds down hedge fund
London-based Artemis Asset Management, the firm controlled by ... Artemis said in a filing with the Irish ... William Littlewood ran the fund since joining the ... In advance of the compulsory redemption, shareholders will ... Spokespeople for Artemis were not immediately available for...
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Man Group downgraded on long-term concerns
Man Group has become the second prominent hedge ... Ratings agency Standard & Poor's said yesterday that ... Giles Edwards, credit analyst at S&P, said that ... "The negative outlook primarily reflects Man's difficult operating ... Man's MGS product range, one of its core...
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Hedge fund investors redeem record $40bn
Hedge fund investors withdrew a record $40bn (€32bn) ... The industry’s total assets under management dropped 9%,...
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Threadneedle to join peers with commodities funds
Threadneedle Asset Management is to launch its first ... Funds that invest in futures markets linked to ... On average, the computer-driven funds investing in such ... Industry publisher and data provider HedgeFund Intelligence put ... Funds that invest in similar markets, but that...
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Fortress hedge funds face $4.5bn in redemption requests
Fortress Investment Group, the alternative asset manager that ... Most of the third-quarter loss stemmed from the ... Fortress’ liquid hedge funds had $9.1bn in assets ... The global macro and commodities funds had $900m ... Net returns for the Drawbridge Global Macro fund...
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Gottex joins line of managers suspending withdrawals
Two funds of hedge funds have this morning ... Gottex has said it has temporarily suspended redemptions ... A spokeswoman for Gottex said suspending withdrawals was ... Gottex said: "The temporary suspensions are driven by ... "In the past few months, liquidity has dried...
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Survey finds institutions still value hedge funds
Almost two-thirds of institutional investors surveyed, or 63%, ... About 37% of institutions, including public and private ... The survey included 252 institutions as well as ... Hedge funds were responsible for driving growth, according ... Investment in hedge funds might increase for 25%...
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Managers seek ways to stand out from the crowd
In the wake of the credit crunch and ... • The many layers of fees ... Fees, the lifeblood of the hedge funds industry, ... Chris Mansi, senior investment consultant at pension consultant ... Damien Loveday, senior investment consultant for manager research ... Performance fees earned funds more than fixed fees...
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Hedge funds navigate maze of redemptions
Millionaire hedge fund manager Andrew Lahde might have ... Admittedly, at the time of his speech, nine ... The disappearance of incentive fees, the reduction of ... Tom Brown, European head of investment management at ... However, as cash-strapped managers seek to survive, a...
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New Star’s Miller joins SilverStreet
Alan Miller, the former chief investment officer of ... Miller will be joining the $600m (€470m) boutique ... He will also be involved in manager selection ... Vaughan-Smith said the company’s fund had held up ... Miller, who left New Star in February 2007, ... Miller and Vaughan-Smith are old acquaintances from their...
