Tag:
Global Macro Fund
Latest Headlines
Latest Headlines
John Paulson owns up to mistakes
One of the year's big stories in the hedge fund industry has been the spotty performance of John Paulson, who may be due for a bad year after his phenomenal string of victories since he exploded on the scene in 2007.
While some of his funds have held up well, his flagship funds--the Paulson A
Hedge funds assets to soar
We're in a glass half-full, half-empty situation when it comes to hedge fund fund raising ( hedge fund news). We've noted the travails of smaller firms, the advantages of bigger firms and the rise of more powerful limited partners wrestling better terms with every investment. How will that
Citi's new hedge fund strategy?
Claren Road's performance has been solid this year; the New York hedge fund is up 20 percent on a total return basis after gaining 10 percent in 2008, according to MarketWatch . So why did Citigroup exit the fund, redeeming its stake for $250 million?
Well, Citigroup, 34-percent owned by th
Fortress, bright future still?
Is the glass half full or half empty for Fortress? No doubt it had a bad 2008, when it lost $3 million. It was also forced to temporarily cease redemptions from its flagship hedge fund, Drawbridge Global Macro after $2 billion evaporated, and its stock continued to tank in the aftermath of its pub
Return of the hedge fund swashbucklers?
In the golden era of macro hedge funds, names like Soros, Robertson, Bacon and Kavner inspired awe. People still talk of Soros as the man who nearly broke the Bank of England. Quietly, these funds are coming back into favor, as so many other hedge funds tank.
Global macro funds actually gained
Is the macro fund era ending?
Citadel has hit a rough patch as of late, and this has coincided with some big changes. MarketWatch reports that the big fund company run by Ken Griffin--whose star burned so brightly not so long ago--is moving away from its traditional focus: A single, large, multi-strategy fund.
Its main
How bad is it for hedge funds?
We knew that July and August were tough. But just how tough for hedge funds? The Hennessee Hedge Fund Index has fallen 4.1 percent year-to-date. In August alone, it fell .72 percent. The index has been positive in just three months this year. "This is the worst start to a year for hedge funds sinc
Citadel wants to raise a massive fund
We've noted recently that the hedge fund industry's dynamics have morphed in the wake of the credit crunch. Investors are still ravenous for hedge funds, but they are astute enough to note that the power pendulum has swung their way. They're in a much better position to make demands. This has coin
Hedge funds to allow more redemptions
The likelihood that hedge funds  would clamp down on redemptions went way in the past year; I can't think of a better way to piss off your customers. Of course in some cases, hedge fund managers have no choice. The rush to the exit would kill the firm. An interesting experiment of sorts seems
