Hedge Crunch FinancialHedge Fund News
Oliver Schupp: Hedge Funds Post Positive Performance
According to the Dow Jones Credit Suisse Hedge Fund Index, hedge funds saw an increase of 0.69% in July. Credit Suisse Index President Oliver Schupp said “The Dow Jones Credit Suisse Hedge Fund Index gained 0.69% in July, with six out of ten sectors posting positive performance for the month. Managed Futures was the best [...]
SAC Capital Makes Several New Additions
SAC Capital, owned by Steve Cohen, one of the best known hedge fund managers in the world, has recently made some new additions to strengthen its equity l/s portfolio management team. According to AsianInvestor, the firm has hired a number of employees from Hong Kong. Shantanu Nagpal, formerly of Brevan Howard, has recently joined the [...]
Hedge Funds Plummet, But Could Be Worse
2008 Way Worse For Hedge Funds Than Today While the financial situation definitely isn’t exactly looking rosy for hedge funds these days and they have definitely been witnessing some pretty hefty drops, things could be worse. One just needs to take a look back to a mere three years ago when the situation for the [...]
UCITS Funds Challenges
Looking at figures for July, it is obvious that things were tough for UCITS funds. According to an article in Hedgeweek, there was only a very minor gain of 0.08 percent. While this is better than the previous month which witnessed a plummet, it is still down -0.76 from last year’s figures. The Fund of [...]
Maverick Makes Mega Monies
There is the potential that with the latest plans by Maverick Capital Management LP, it will become even more financially successful. The firm – that already stands at $11bn – is set to make an investment in start-up hedge fund managers. CEO Lee Ainslie, 47-years-old, established Maverick back in 1993. Prior to that, he worked [...]
Firm Faith in Funds: FoHF Faring Well
It seems that funds of hedge funds (FoHF) are once again regaining popularity. Currently, it’s the Frontier Investment Management that is doing well. Swiss family offices are once again looking towards these funds since they have “adequate liquidity terms, fee structures and concentration of underlying managers.” Bigger Interest The proof of course, is in the [...]
Large Hedge Fund Investor Plans
According to a study from the Preqin Hedge Fund, it seems that within the next year, close to a third of investors are planning to invest up to a combined staggering $195bn. Out of these, nearly half are looking for ways of investing in “funds of hedge funds,” as reported in Hedgeweek. As well, more [...]
Hedge Funds Not Hedging Well
Hedge funds have been declining, quite significantly. In fact, the most recent report shows that the hedge funds have plummeted most since a year ago – the last bad record – of May 2010. There have been issues of the problematic world economy as well as the debt accumulated in Europe that has possibly stimulated [...]
NYSE Euronext and Duetsche Boerse AG
As reported in a recent Hedgeweek article, the “adoption of the business combination agreement with Deutsche Boerse AG” was approved by NYSE Euronext shareholders. The proposals were approved in NY. A majority of the shares were needed for approval. Over 96 percent of the shares “present at the special meeting voted for the approval of [...]
Will Farrell to Star in New Hedge Fund Movie
According to Deadline, Will Farrell’s newest role will be a “narcissistic hedge fund manager who thinks he has seen God,” in the new movie ‘Swear to God’. Warner Brothers has just gotten hold of the rights to the new film, which was written by Alan Cohen and Alan Freedland of ‘Due Date.’ The pair has [...]