Hedge Crunch FinancialHedge Fund Industry
Global Macro Hedge Funds Fall, Continue to Draw Pension Fund Investments
As markets flounder and Europe’s debt crisis festers, macro hedge funds are now facing some of the worst losses in recent history. Dow Jones Credit Suisse Core Hedge Fund tracks “Global Macro” trading strategy, which fell 10% last year; more than the entire index. In the meantime, the Standard & Poor’s 500-stock Index flatlined. “A [...]
Asian Hedge Funds Grow Thanks to ‘Good Governance’
According to Andrew Gordon, head of alternative investment services at BNY Mellon, Asian hedge funds are growing as they work to attract institutional money. In fact, the average size of a fund launch in Asia last year was around $40 million, the same as Europe. “Mid-sized funds did very well in Asia,” Gordon said. He [...]
Technology Stocks See Gains after Deutsche Bank’s Upgrade
A Deutsche Bank upgrade recently boosted technology stocks via semiconductor shares. Netflix Inc. shares also jumped, increasing to 13.8% and closing at $98.18, supporting hedge fund manager Whitney Tilson’s statement regarding the company as a top buyout target. Netflix’s stocks rose after the business released its streaming video service in Ireland and the UK. Ross [...]
Hedge Fund Buys 28% Stake in AgriNurture
Black River Capital Partners Fund, an independently managed subsidiary of the U.S.-based Cargill Inc. run by Black River Asset Management, recently acquired 28% equity stake in AgriNurture Inc. The stake includes 125,486,095 common shares, and is worth $30.45 million. As a subsidiary of Minnesota-based Cargill, Black River Capital’s deal has made the commodities giant the [...]
The Innovator Matrix Income Fund and Hedge Fund Surrogates
Income investing has recently been boosted a few scores thanks to the new Innovator Matrix Income Fund, or IMIFX. This fund invests only in income-generating limited partnerships, business development firms and real estate investment trusts. Steven Carhart, the portfolio manager and chief investment officer at Trust & Fiduciary Management Securities, is familiar with the strategy. [...]
Hedge Funds Brace for Tough Upcoming Year
As the euro zone crisis spirals downward and economic growth collides with numerous unexpected obstacles, hedge funds are bracing themselves for a major hit. One of the worst, in fact, in over two decades. Hedge Fund Research just released data revealing that the hedge fund managers lost an average of 4.37% over the past year. [...]
Chinese Economy Leads to Concern Among Hedge Funds
Though the eurozone crisis is far from over, hedge funds and analysts have begun shifting their attention to a different, looming disaster emanating from China as its economy starts to slide. The Emerging Sovereign Group, a $1 billion hedge fund, recently told its clients: “We have a gathering sense that the next act of this [...]
Macro Hedge Funds Generate Fewer Returns Than Expected
Macro hedge fund managers are grappling with the global economic status, and struggling to generate returns on par with their previous successes. This past year has seen very rough waters, including the euro zone debt crisis and sweeping central bank action. Veteran hedge fund managers were mostly expected to record the highest profits in the [...]