M&As in Europe are regaining momentum, setting the stage for the hedge fund industry’s new leaf. Earlier this week, TNT Express shares rose 60% after rejecting UPS’s billion-euro takeover, leading investors to predict an even higher price in the future. Also this week, stock in Misys PLC, the financial software, climbed 10%. Hedge funds have…
Tag Archive: Investment
Top Ten Franchises for 2012
Entrepreneur 2012 Franchise 500 has released its annual list of top ten franchises for the upcoming year: Hampton Hotels Subway 7-Eleven, Servpro Days Inn McDonalds Denny’s inc. H&R Block Pizza Hut Dunkin’ Donuts Hampton Hotels ranked #1 last year as well, while Subway climbed from its #9 ranking in 2011. McDonald’s was the only franchise…
Hedge Fund Industry Begins to Recover
January’s upbeat performance has lowered client exits from hedge funds to a record low. Outflows were just 0.53%, while the GlobeOp Capital Movement Index jumped to its highest since 2008; 142.6 points. “It could be well that in a zero interest rate environment and a challenging equity market, a diversified portfolio of hedge fund investments…
Hedge Fund Investor Gottex Cuts Costs for 2012
Despite what could be considered a relatively successful year, hedge fund investor Gottex Fund Management Holdings is cutting its costs by 15% in 2012. “Getting money into hedge funds is not an easy task for the moment. Asset raising is difficult, though outflows are within normal parameters,” explained Joachim Gottschalk, Gottex chairman. “Global uncertainty in…
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…
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….
New York Advised to Invest Pension Money in Minority Owned Hedge Funds
Public Advocate Bill de Blasio suggested that New York City invest a portion of its pension money in hedge funds with the help of emerging managers. These include women and minority owned hedge funds which are new. This is an advantage because these funds tend to manage less money than older ones. Barclays Capital has…
Investing in Precious Metals
Gold and other precious metals, such as silver, platinum and palladium, are good investments when there is uncertainty and instability in national and international economic markets. The reasons for this are not that hard to understand: There is a limited amount of these precious metals in circulation, but demand for them is continuously rising. It…
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…