Hedge Crunch FinancialHedge Fund Managers Predict Dip in Global Growth in Survey
Hedge fund managers project a slip in global growth next year as a result of likely Eurozone sovereign defaults and the economic slowdown in China. The predictions come as part of a survey which covers more than a third of hedge fund managers around the world, who manage $800 billion between them. When asked about [...]
Complicated Alternative Strategies: Greenwich Associates
According to Greenwich Associates, hedge funds and various other alternative investments should work to provide better protection and liquidity. Alternative investments can be complex, and so provide better risk-adjusted returns, but they also have other issues on the side. “The cost of complicated alternative strategies is the complexity they introduce into the portfolio management process. [...]
Smaller Hedge Funds Turn to Individuals for Investments
Asia-Pacific hedge funds with less than $100 million in assets are turning to millionaires for investments. These funds are having trouble as institutions generally favor funds with more impressive assets and proven track records. The debt crisis in Europe and the worldwide economic issues have boosted volatility on equity markets to a two-year high, increasing [...]
Hedge Funds See Small Gains as Europe Concerns Lift
Markets across the globe saw minor improvements last month. The Greenwich Global Hedge Fund Index returned 2.27% last month, while the Standard and Poor’s 500 Index increased 10.93%. The index has stayed down 3.2% this year. Greenwich Alternative Investments tracked three hedge funds, two of which gained ground. Long/short equity funds increased 5.32% in October, [...]
Citigroup Invests $800 Million of Shareholders’ Money
Citigroup, one of the largest lenders in the U.S., recently invested $800 million of shareholders’ money in its private equity and hedge funds. The bank invested the money in Citi-advised” funds, and sold $1.1 billion in separate hedge fund and private equity assets as well. Regulators are now drafting the ‘Volcker Rule’, which works to [...]
Hedge Funds Record Best Gain Since April
As global stocks rally in the face of improved earnings, hedge funds have recorded a 1.4% gain- the best since April. According to Emma Sugarman of BNP Paribas SA, “There was a broad rally in the market, which led to positive performance. She added that “De-risking in September and raising cash levels meant a lot [...]
Kris Humphries Victim of Alleged Hedge Fund Scam
Kim Kardashian’s soon-to-be-ex-husband Kris Humphries was recently the victim of a hedge fund scam. The NBA player reportedly invested hundreds of thousands of dollars with Audrey C. Hicks, a guest at the Kardashian-Humphries wedding this summer. At the time, Hicks was known as a Boston-area asset manager. Hicks has been accused of falsely representing both [...]
Hedge Fund Managers Take On the Boxing Ring for Charity
Much to investors’ delight, hedge fund managers spent the night hitting each other in a boxing ring last week, at the fifth annual hedge fund “Fight Night” in Hong Kong. Every year, twelve contenders don boxing gloves for the first time in their lives, to raise money for charity. Men and women alike began their [...]
Stonehenge Capital Announces Successful New Strategy
Stonehenge Capital Management, the asset management firm, recently announced the success of its new direction-neutral hedge fund strategy, Forward Curve Realignment, only one month after it was launched. The Forward Curve According to SCM Manager Steven Michael, FCR returned 0.3% in its first month, in spite of today’s inconsistent market conditions. The strategy focuses on [...]
Royal Couple Raises 675,000 Pounds for the Child Bereavement Charity
The royal couple Prince William and Kate Middleton pooled their efforts and collected 675,000 pounds for the Child Bereavement Charity after hosting an impressive dinner in London. According to the Daily Star, guests were invited to the 100 Women in Hedge Funds gala at St. James’ Palace. A guest said “What you are both doing [...]