Hedge Crunch FinancialHedge Fund History
Hedge Funds: Lessons Learned
Mistakes from the Past; Lessons for the Future If you want to try your hand at investing, one good tip you can take on is learning lessons from the past. Over the last few years there have been significant opportunities for such lessons. For example, we learned in 2007 that when the market doubles is [...]
More Than Reprimand for Raj Rajaratnam
It looks like Raj Rajaratnam’s trial is set to be “the biggest hedge fund insider trading trial in US history,” which begins today. The man has been accused of stock trading with the use of “private information” from friends rendering him millions of dollars in profit. Where Will Rajaratnam Be? It currently remains uncertain whether [...]
GlobeOp Index Shows Asset Growth
GlobeOp Financial Services, the hedge fund administrator, stated this week that the steady inflows into hedge funds over the last few years are likely to continue. The GlobeOp Capital Movement Index keeps track of hedge fund flows based on the global hedge-fund industry assets managed by the company. The Index shows that those assets have [...]
Gupta Announces “Leave of Absence” Once Again
Rajat Gupta, former director at Goldman Sachs, has recently announced his plans to take “leave of absence” from the management of New Silk Route, the private equity fund that he co-founded years ago. The firm is currently worth $1.4 billion, and Gupta plans to take his leave as numerous sources claim that he released inside [...]
Hedge Funds Recovering Quickly From Financial Crisis
Hedge funds have recovered from the financial crisis with soaring colors, producing profits of around $129 billion to clients in less than six months. This is one of the few industries that has been able to recuperate so quickly. LCH Investments has calculated that the top ten hedge funds alone brought in more than $28 [...]
Tension in the Middle East Causes Rebound of Gold Bets
Hedge funds have been supporting their upbeat gold bets recently, as the situation in the Middle East has caused many an investor to seek a haven. In fact, bets on gold are at the highest they’ve been since December. “Gold has found support and buyers have been coming in in the past few weeks,” Frank [...]
Paulson and Co Beat the Odds in the Mortgage Market
Despite weighty criticism and terrible odds, Paulson and Company made $15 billion in the mortgage market a few years ago. In an interview with Financial Crisis Inquiry Commission, John Paulson said “We were very, very much in the minority. If I said a thousand-to-one, we were the one. Even friends of ours thought we were [...]
The Libyan Investment Authority’s Diverse Portfolio
Analysts have placed the Libyan Investment Authority value at $60-$80 billion. The firm has amassed stakes in a variety of foreign assets, including newspapers, banks, football teams and fabrics. The LIA was set up by Tripoli five years ago, following the easing of UN sanctions, with hopes of varying North African dependence on its oil [...]
Northern Trust Considered Safe Bank During Financial Crisis
Rick Waddell, Chief Executive of Northern Trust Corp., recently revealed that his company’s main branch took in deposits of around $90 million per day during the beginning of the financial crisis in 2008. Previously, the average had been $2 million a day. The Financial Crisis Inquiry Report explains the source of some of those deposit [...]
FrontPoint Partners to Launch Five New Strategies
FrontPoint Partners, Morgan Stanley’s hedge-fund unit, has plans to use its $2.6 billion FrontPoint Multistrategy Fund to launch five new strategies. The relative value, global-emerging markets and global equity long/short strategies of the fund were cut as a result of undesirable performance. In October of last year Morgan Stanley and FrontPoint decided to have [...]