It would be nice if hedge funds on average could really best the indexes, especially in an up year. But a lack of such performance will not prove to be debilitating to the industry as a whole.
In some ways, Jason Trigg is a typical buy-side guy. He's young (fresh out of MIT), and he works for a hedge fund. You might think that his goal is to get rich and live the good life, and you would be right. But there's another, more ambitious goal in his mind: He wants to save the world.
"Abenomics" will hopefully prove to be a gold mine for U.S. hedge funds, many of which have already loaded up on Japanese equities.
Should anyone be surprised that limited partners in hedge funds are redeeming funds these days?
There once was a day when John Paulson, the hedge fund guy, could do no wrong.
Despite what has been a middling year at best for hedge funds and the stock market, the performance of college and university endowments has been stunning. Colleges and universities nationwide
In hindsight, many have suggested that the purported huge returns racked up Bernie Madoff were simply too good to be true. That was the largest of the red flags. The SEC has taken the lesson to heart
We recently noted that the revival in the hedge fund industry has created a strong environment for hedge fund seeders. Lots of big-name firms--such as Blackstone Group, Goldman Sachs, Reservoir
We noted recently that, on average, most hedge fund do not seem to be getting hit with a massive wave of redemption requests, though fund executives understandably remain a bit nervous. It's fair to
So how bleak is the hedge fund industry right now? Glocap says that compensation for 2011 is running 10 percent lower, mostly reflecting tough markets in the third quarter. Of course, average figures