Highest Volatility in 50 years Spooks Hedge Fund Managers
Plain-vanilla bonds and widow-and-orphan utilities creamed hedge funds in 2011, offering fresh evidence that ordinary investors need not feel underprivileged for lack of access to more exclusive investment opportunities.
Numerology: Turnaround for Hedge Funds
Following the worst year ever for hedge fund performance, so far 2009 is shaping up as quite a good one. According to Hennessee Group, which...
Bernie, Bayou and a mighty big fine
Before Bernie it was Bayou; Bayou Fund and its principal, Samuel Israel - that is. Israel was the poster child for hedge fund fraud before...
Gradante Renews Calls to Outsource Hedge Fund Audits
Hennessee Group co-founder suggests third-party audits
A Q2 Meltdown
Using words like "violent," "extreme," and "unpredictable," Hennessee Group LLC principals Charles Gradante and Lee Hennessee struggled to describe the staggering September losses experienced by...
Hedge Funds Do Well as Equity Markets Slide
Despite equity markets selling off sharply, hedge funds fared pretty well in June, according to Hennessee Group LLC, an advisor to hedge fund investors. The Hennessee...
Hedge Fund Attrition Drops in '05
NEW YORK (HedgeWorld.com)--Last year may not have been great for hedge funds from either performance or capital inflow perspectives, yet fewer funds closed in 2005 than in 2004. According to figures from the Hennessee Group LLC, the attrition rate for hedge funds with more than US$10 million in assets was...
Hennessee Index Gains in December
NEW YORK (HedgeWorld.com)--In a month that saw mixed performance from the broad equity market indexes, the Hennessee Hedge Fund Index posted a 1.8% increase for December, beating the Standard & Poor's 500 stock index, the Dow Jones Industrial Average and the Nasdaq Composite Index. The Hennessee Global/Macro Index led the...
Hedge Funds in Hennessee Up on Short-Biased, Global Macro Returns
NEW YORK (HedgeWorld.com)--Hedge fund returns in August pulled back from the gains seen in June and July, but still ended the month up 0.9%, according to the Hennessee Hedge Fund Index. The nearly 1% return for the month continued a string of positive-return periods dating back to May. For the...
Hennessee Index Positive for February
NEW YORK (HedgeWorld.com)--Hedge funds in the Hennessee Hedge Fund Index improved their performance in February but still trailed key equity indexes for the month. The overall Hennessee index rose 1.36% last month, rebounding from a negative 0.29% start in January. But the Standard & Poor's 500 Stock Index (2.1%) and...