Hedge Funds
The latest hedge funds news to help advisors understand how these alternative investments can help boost portfolio returns and reduce risk.
FXall Sees Its Volume Grow, Opens Boston Office
By Staff WriterLONDON (HedgeWorld.com)--FXall founders have long known their online foreign exchange trading system had the possibility of gaining traction, but 2004 proved the staying power of electronic routing. Mark Warms, global head of sales and marketing for FXall, said that electronic trading has made foreign currency trading more widely available to...
February 28, 2005
SocGen to Acquire BofA Structured Products BusinessNEW YORK (HedgeWorld.com)--In the next 30 days, SG Corporate & Investment Banking executives hope to close an acquisition deal with Bank of America Corp. to purchase the part of its structured investment business that deals with hedge fund lending. Christophe Miann?, global head of SG (Soci?t? G?n?rale) CIB's equity derivatives...
February 22, 2005
CalPERS' Hedge Fund Investments Return 8.9% in 2004SACRAMENTO, Calif. (HedgeWorld.com)--Thanks in part to its hedge fund investments, the California Public Employees' Retirement System earned a 13.5% return in 2004 and grew by US$21.5 billion to US$182.9 billion. The growth in assets means CalPERS is bigger than it's ever been and by far the largest public pension fund...
February 22, 2005
Asset Flows Slowed in Fourth Quarter: TASSRYE, N.Y. (HedgeWorld.com)--Hedge fund investing slowed down toward the end of 2004, but the industry still managed to absorb a record US$123 billion in net inflows, according to research from Tremont Capital Management Inc.'s* TASS Research division. The fourth quarter saw the lowest net asset flow number TASS recorded all...
February 22, 2005
Short-Sellers Welcome January Thaw, While CTA Performance Is Put on IceNEW YORK (HedgeWorld.com)--Dedicated short-bias funds took investors by surprise posting a gain of 6.96% in January, according to the CSFB/Tremont Hedge Fund Index. At the same time, managed futures strategies gave up 5.39% after putting up healthy performance figures in recent months. Last month's index results show the strategies at...
February 17, 2005
Hatteras Registered Funds Scheduled to Hit the MarketRALEIGH, N.C. (HedgeWorld.com)--Hatteras Investment Partners' move from the wealth management and endowments to hedge funds will solidify later this year with the launch of its first SEC-registered funds of funds. Hatteras Multi-Strategy Fund I and II will be launched as soon as April 1 with an amendment forthcoming to change...
February 17, 2005
FTSE Hedge Index Down for JanuaryLONDON (HedgeWorld.com)--After a string of positive months, the FTSE Hedge Global Index posted a negative return for January 2005, negative 0.6% in U.S. dollars and negative 0.4% in GBP. The index is broken down into three styles. The biggest loser of the three was the directional style (-1.2%). Event-driven funds...
February 17, 2005
Yes, Some New Hedge Fund Rules Start TodayCHICAGO (HedgeWorld.com)--Rules that expand the U.S. Securities and Exchange Commission's oversight of the hedge fund industry went into effect today, making Feb. 10 the demarcation line between the "old" era of lighter federal regulation and the "new" regime that requires most hedge fund managers with U.S. clients to register with...