Macro Managers Grow Bearish in Indicators Survey
By Staff WriterNASHVILLE, Tenn. (HedgeWorld.com)--A survey of macro hedge fund managers found a majority of them bearish in their outlook for the October performance of U.S. equities, the dollar and 10-year Treasury notes. It was the first time since the survey was started in March by Van Hedge Fund Advisors International LLC...
October 12, 2004
Australian Hedge Funds Top Performers in AugustHONG KONG (HedgeWorld.com)--Asian hedge funds overall were positive, and Australian funds outperformed other regional markets in August, according to Bank of Bermuda AsiaHedge index officials. The Australian Long/Short Index outshone the composite index by gaining1.35% in August with an overall return of 9% for the year. The Bank of Bermuda...
October 12, 2004
Insurer Taps Former N.J. ProsecutorNU Online News Service, Oct. 12, 2004, 5:13 p.m. EDTThe international unit of New York Life Insurance Company, New York, has hired Sandra Bograd ...
October 12, 2004
Researchers: Reducing Stomach Capacity Pays OffAuthors of a new study say weight-control surgery really can improve or eliminate diabetes, high blood pressure and other weight-related conditions in "morbidly obese" ...
October 12, 2004
Fort Dearborn To Acquire Vt. Blue Benefits AgencyNU Online News Service, Oct. 12, 2004, 2:41 p.m. EDTA company that controls 3 Blue Cross and Blue Shield plans is expanding into New ...
October 12, 2004
New Firm Forms from Consultancy PartnershipLONDON (HedgeWorld.com)--io Alternative Strategies has partnered with sister company PSolve Asset Solutions to create PSolve Alternative Investments, which will manage io Investors' funds of hedge funds. According to a statement, PSolve, a U.K. investment consultant group, saw greater demand for hedge funds and anticipated that a greater portion of returns...
October 12, 2004
Death by Comet"You never know what is enough, until you know how much is more than enough" -William Blake Someone once told me Myron Scholes said the folks at Long-Term Capital Management thought they had their risk buttoned down. In their minds, they were walking down Madison Avenue, eyes trained on the...
October 12, 2004
In Hedge Fund Returns, a Skeptic Sees Lady Luck in ChargeNEW YORK (HedgeWorld.com)--Speaking at a recent seminar organized by the group 100 Women in Hedge Funds, Nassim Nicholas Taleb--author, mathematician, trader and chairman of Empirica LLC--argued that success in money management mainly is due to chance and disasters are inevitable for hedge fund investors. In this view, differences between managers...