134 articles found within the last year.
Displaying results 101 - 120
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Man's fund of hedge funds could lose 90% of assets
Man Group, the world's largest listed hedge fund ... Equity analysts at Morgan Stanley said that, in ... This breaks down as redemptions amounting to 13% ... In their bear case scenario, they predicted Switzerland-based ... The prediction indicates the extent of fury investors...
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Hedge fund body echoes regulation calls
A powerful trade body representing the hedge fund ... The Alternative Investment Management Association said large hedge ... It added that hedge fund managers globally should ... “We want to dispel once and for all ... He spoke as politicians and regulators seek to ... Many policy makers see hedge funds, and particularly...
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Investors pull plug on funds of funds
Investors spooked by market gyrations and fraud allegations ... Many managers were unable to avoid losses or, ... Advocates contend there is life yet in the ... Open-ended funds of funds, which numbered about 2,400 ... Stephen Smith, managing director of funds and alternative...
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Odey swaps UK banks for insurer in shorting play
Crispin Odey, the hedge fund manager who has ... Shares in L&G have fallen 42% so far ... A move in September by the UK’s Financial ... Odey Asset Management’s short bet, equivalent to 0.4% ... The group’s founder Crispin Odey told investors in ... His fund had more than 5% of its...
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Managed futures weather the storm
“Of all the ways to lose money, why ... Twenty-one years later, the grandson in question – ... He said: “It was not hard to make ... Good returns this year have renewed investor interest ... The strategy, which aims to spot market trends ... Managed futures tend to perform less well in...
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So long, hedge funds
The cocktail party chatter could usually be relied ... It was one thing to have been able ... Not any more. Hedge funds have become a ... Tiger 21, a networking group for high and ... Tiger 21’s founder Michael Sonnenfeldt said: “Our members ... What mattered most to the wealthy was the...
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Investors forced to accept discounts on hedge fund exits
Investors wanting to sell out of an illiquid ... Insufficient demand for units in unlisted hedge funds ... This is a far cry from 2003, when ... Elias Tueta, Hedgebay's co-founder, said the group had ... He said: "People used to be dying to ... "But at the right price you always have...
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Wealthiest US investors ditch hedge funds
Wealthy US investors are pulling out of hedge ... Michael Sonnenfeldt said his members cut their portfolio ... He said: “This move out of hedge funds ... The depth of feeling towards hedge fund managers ... The trend contrasts with the way ultra wealthy ... Nicolas Sarkis, managing partner of multi-family office AlphaOne...
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Managers act on UBP fund valuation move
When the world’s second largest investor in hedge ... So, when Union Bancaire Privée announced last month ... UBP itself was reacting to events. The Swiss ... The Alternative Investment Management Association and the Hedge ... UK and European hedge funds have always employed...
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Four share £37m as hedge fund raises profits tenfold
The European arm of one of one of ... London-based Paulson Europe, a partnership, increased its profit ... The profits reflected an increase in the partnership's ... The profit is available for distribution to the ... The remaining profit, amounting to more than £5m, ... The financial statements said the partnership had, in...
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News analysis: Will distressed debt undo Yale?
Yale University Endowment David Swensen, regarded as one ... Swensen has said the $17bn (€13bn) Yale endowment ... The rationale for this view looks respectable. Credits ... But this is not the first time investors ... Funds focusing on distressed securities were expected to...
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Flying high, cautiously
Nearly a decade ago, when he heard the ... "There are many ways to regain control of ... Last year, his Argonaut Aggressive Global Partnership fund, ... That was hardly an outlying performance. The New ... Global macro funds search for investment trends in ... This is a big factor driving the fund's...
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Tosca points redeeming investors to improved performance
Toscafund, the UK hedge fund which lost over ... In a letter to redeeming shareholders seen by ... However, Toscafund narrowly avoided giving up the last ... Toscafund, which was down as much as -67% ... A source close to Toscafund said the performance ... The fund said that some investors that had...
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RAB Capital seeks new staff despite asset tumble
London-based RAB Capital is understood to have spoken ... It is believed RAB has not found a ... The options granted to new chief executive Stephen ... RAB declined to comment on its hiring plans. ... Dow Jones newswires reports that RAB Capital said ... Assets were $1.9bn (€1.4bn) at the end of...
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Paulson wins again as RBS slide adds £30m
Assets belonging to John Paulson, the US hedge ... RBS’ shares plummeted by 67% yesterday, closing at ... The UK bank was worth £5.2bn by 10:00 ... By the end of last Thursday, when the ... The profits made on RBS’ share fall add ... Shorting involves selling borrowed shares in expectation their...
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Agricultural funds reap a rich harvest
You have no cows. You sell both of ... Agricultural funds made 9.5% last year, according to ... The funds produced “robust returns” in the first ... Waksman said a notable trend was greater involvement ... Jonathan Davis, investment director at manager Agrifirma Brazil,...
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Flagship Odey fund boasts double-digit return
The flagship fund of Crispin Odey, one of ... Odey's €1.3bn ($1.7bn) flaship fund, Odey European Inc, ... Investors in the $367m (€276m) OEI Mac fund, ... It was even better for investors in the ... In a letter to investors issued yesterday, Odey ... The fund came under close scrutiny last year...
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Hedge funds' $400bn cash pile could spur market rally
Hedge funds could stoke a significant stock market ... Hedge fund managers currently hold a record 30% ... That cash, which is stored in bank deposits ... “Despite the massive losses [sustained by investors], depressed ... Such a rally would be a welcome tonic ... Although frenzied trading in the wake of September's...
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Man Group assets down in third quarter
Man Group, the world's largest publicly traded hedge ... The amount of funds as of December 31 ... The result is lower than the $58.12bn expected ... The investment bank said continuing outflows from the ... "The principal cause of funds under management reduction ... "The overall effect was to reduce funds under...
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News analysis: Man Group offers hope to rival hedge funds
The business figures published this morning by UK-listed ... The net amount of capital withdrawn by investors ... Foreign exchange movements and the fact that it ... Investors' willingness to stay comes as something of ... True, Man Group avoided the worst of the ... Its single manager strategy, AHL, has made money...
