Managing Hedge Fund Risk: From the Seat of the Practitioner: Views From Investors, Counterparties, Hedge Funds and Consultants
PR News Wire (Free subscription) | 11/19/2009
NEW YORK, Nov. 19 /PRNewswire/ -- Final performance for the Credit Suisse/Tremont Hedge Fund Index ("Broad Index") is confirmed up 0.13% in October, according to Oliver Schupp, President of Credit Suisse Index Co., Inc.
SeekingAlpha.com (Free subscription) | 11/19/2009
FINalternatives submits: The global hedge fund industry grew for the sixth-straight month in October, as inflows easily outpaced performance losses. Investors added $10.2 billion in new money to hedge funds last month, Eurekahedge reports, while the industry lost $2.4 billion on the markets. The industry’s total assets now stand at $1.45 trillion. Complete Story »
SeekingAlpha.com (Free subscription) | 11/19/2009
FINalternatives submits: Hedge funds shed 0.25% in October as volatile markets inflicted a rare monthly loss on the industry. The RBC Hedge 250 Index is up 17.2% this year, according to estimated returns. The index was led last month by fixed-income arbitrage funds, which rose 2.75%, and convertible arbitrage funds, which added 2.16%. Complete Story »
PR News Wire (Free subscription) | 11/19/2009
NEW YORK, Nov. 19 /PRNewswire/ -- Hedge funds posted a slight gain for the month as market reversals muted performance. The Credit Suisse/Tremont Hedge Fund Index ("Broad Index") finished up 0.13% for the month, bringing year to date performance to 15.11% through October 31, 2009.
SeekingAlpha.com (Free subscription) | 11/20/2009
Kid Dynamite submits: Most people are familiar with the concept of risk-free return. Today I want to tell my personal anecdote about return-free risk and how I should have seen the liquidity bubble forming back in 2006. Don't be alarmed by the mention of arbitrage spreads, cost of capital, and short rebates - the concepts are simple. When I was on the buy side of the business - working for an internal...
iStockAnalyst.com (Free subscription) | 11/19/2009
Hedge fund manager John Paulson is the hottest investor in the world right now. In 2007, he made $15 billion by shorting subprime mortgage backed securities (see "Trader Of The Year: John Paulson Made Billions Shorting Subprime Mortgages", Top Gun FP, April 8, 2008). Gregory Zuckerman aptly titled his recently published book about Paulson's trade The Great Trade Ever. [More...]
24/7 Wall St. (Free subscription) | 11/19/2009
Updated throughout the day. Goldman Sachs (NYSE:GS) has lost a large number of its most talented people to hedge funds. (Bloomberg) The Apple (NASDAQ:AAPL) tablet PC launch date has been delayed until late 2010. (Digitimes) Monster.com (NASDAQ:MWW) may be taken over by News Corp (NASDAQ:NWSA) or Google (NASDAQ:GOOG) (WSJ) Blackstone’s (NYSE:BX) Pinnacle Brands may buy Birds Eye (CNBC) Sony (NYSE:SNE),...
PR News Wire (Free subscription) | 11/19/2009
PHILADELPHIA, Nov. 19 /PRNewswire/ -- There is a growing trend in the investment management community. Hedge fund managers are crossing over into the traditional money management space of mutual funds. That is exactly what Greg Levinson of Schooner Investment Group did in early 2008. Levinson, a 15 year hedge fund veteran, launched the Schooner Growth and Income Fund (SCNAX) with the intention of bringing...
24/7 Wall St. (Free subscription) | 11/19/2009
Reuters: Senate Democrats unveiled their healthcare plan. Reuters: Hedge fund manage Griffin has rebounded from losses. Reuters: GM must pay its debt and become profitable before an IPO. Reuters: Kraft (NYSE:KFT) is still considered the front runner to buy Cadbury. Reuters: GE (NYSE:GE) expects slow growth in its huge technology infrastructure group in 2010. Reuters: A member of the Fed [...]
SeekingAlpha.com (Free subscription) | 11/19/2009
Daniel M. Harrison submits: Hedge funds are back in vogue, but (or perhaps because) finding those windfall gains is becoming a much harder job than it was at the beginning of the year. In October, net inflows to hedge funds totaled $10.2 billion, representing more than a five-fold increase over new investment levels six months ago. In the same month that they received record investment, however, hedge...
Financial Times (Free subscription) | 11/19/2009
Funds run by Paulson & Co, the large New York hedge fund manager, are seen to now have more than a tenth of its assets in gold as prices for the metal hit record highs
SeekingAlpha.com (Free subscription) | 11/18/2009
FINalternatives submits: Paulson & Co. poured billions into gold-related investments this year. Next year, he’s taking his newfound love of the precious metal to a whole new level. Complete Story »
Market Watch (Free subscription) | 11/18/2009
Phibro LLC, which became embroiled in controversy over star trader Andrew Hall's compensation, is reaching out to hedge fund investors as Citigroup Inc. relinquishes its grip on the profitable energy-trading firm.
iStockAnalyst.com (Free subscription) | 11/18/2009
Many of the hedge funds who contact us with over $100M in assets are looking to re-invest, protect and continue their growth. Last week I completed an interview with Lance Baraker and William Katts from TradeStation Prime Services on where large funds should be re-investing their money. The full interview will be published within my upcoming book on hedge funds but here in an excerpt now: [More...]...
Market Watch (Free subscription) | 11/18/2009
The hedge-fund firm that made billions of dollars betting against subprime-mortgage securities, is starting a gold fund, tapping into investor concern about a weak U.S. dollar and inflation.
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