Hedge Funds
The latest hedge funds news to help advisors understand how these alternative investments can help boost portfolio returns and reduce risk.
MFS Executives Praise Value Stocks, Pan Hedge Funds
By Jim ConnollyThe outlook for the economy is good, but the outlook for hedge funds is not so good.[@@]Robert Manning, chief executive officer of Massachusetts Financial ...
November 09, 2004
Dow Jones Launches Long/Short U.S. BenchmarkNEW YORK (HedgeWorld.com)--Dow Jones Hedge Fund Indexes Inc. on Tuesday [Nov. 2] began publishing its new long/short U.S. equity hedge fund benchmark, the Dow Jones Hedge Fund Equity Long/Short U.S. Strategy Benchmark. The new benchmark is the sixth hedge fund index to be assembled by Dow Jones. The other five...
November 09, 2004
S&P Index Shows Third Straight Positive Month for Hedge FundsNEW YORK (HedgeWorld.com)--Hedge fund managers active in directional and event-driven strategies led the S&P Hedge Fund Index to post a gain of 0.72% for October. The gain signals a slight comeback for the index, which has been posting small gains over the last three months after a slump earlier in...
November 09, 2004
Hedge Fund Services Unit Launched at BearingPointMcLEAN, Va. (HedgeWorld.com)--With former Capco executives at the helm, BearingPoint Inc. unveiled its hedge fund service unit, which will focus on due diligence and valuation...
November 09, 2004
Goldman & Morgan Alumni Launch Eton Park, A Multi-Strategy FundNEW YORK (HedgeWorld.com)--Eric Mindich, some of his fellow alumni of The Goldman Sachs Group Inc. and Stuart Hendel, formerly of Morgan Stanley, have founded a hedge fund, Eton Park Capital Management LP, with more than US$3.5 billion in assets. A spokesman for Eton Park declined any comment. Bloomberg reported, though,...
November 02, 2004
Coronation Report: Volatility Down on Fed Official's RemarksLONDON (HedgeWorld.com)--Coronation International Ltd., in a report on its funds of funds results, said that the implied volatility of asset prices declined in September to an eight-year low, and it reported signs that some hedge fund strategies, especially those that require a long position on volatility, are being abandoned by...
November 02, 2004
DrKW Introduces Certificate Linked to Hedge Fund IndexNEW YORK (HedgeWorld.com)-- Dresdner Kleinwort Wasserstein, the London-based investment bank that is part of Germany's Dresdner Bank AG, will offer for the U.K. market a covered warrant based on a hedge fund index, starting Oct. 27, 2004. The underlying asset of this three-year tracker certificate is the HFRX Global Index,...
November 02, 2004
September Sees Boost in Hedge Fund Index Returns: MSCINEW YORK (HedgeWorld.com)--Long/short equity managers' performance rose along with that of equity markets in September, helping the MSCI Hedge Fund Composite Index gain 1.15% last month. For the year through Sept. 30, the index is up only 1.95%, as discretionary trading funds and other hedge fund strategies gained ground after...