Tag:
Hedge Funds
Latest Headlines
Latest Headlines
John Paulson fares well in January
John Paulson is off to a great start in his quest to get his top two funds back to their high water marks.
Recall that his Advantage fund and the leveraged version, the Advantage Plus fund, both cratered in 2011, falling roughly 36 percent and 51 percent, respectively. But January has been kin
Blackstone Group earnings reflect big changes
There’s a reason why the top private equity companies have been bent on diversification away from core buyouts.
The conventional wisdom holds that the heyday is over--that the glorious returns of the previous era aren’t coming back. At the Blackstone Group, the biggest chunk of assets under ma
Funds of hedge funds: Change or die
The poor performance of hedge funds in general was especially bad news for funds of hedge funds.
On the surface, the poor performance confirms an identity crisis for funds of funds, one that began with the financial crisis. The conventional wisdom was that funds of hedge funds were too expensi
Malta is hedge fund hot spot
Bloomberg Markets notes that when it comes to offshore hedge fund centers, there’s a new kid on the block.
While many leading domiciles for offshore hedge funds remain in the Caribbean--notably the Cayman Islands, the British Virgin Islands, Bermuda, and the Bahamas--another island is draw
Losers in Greek debt tragedy
The Greek debt situation does not look good and people are right to wonder how exposed U.S. banks are. At this point, the direct impact appears to be minimal.
"The direct impact of a Greek default is almost zero," Jamie Dimon was quoted by CNBC. "The effect it has on
Goldman Sachs hopes for happy ending with Sears investment
Recall that four years ago, Goldman Sachs arranged for its clients to invest $3.5 billion with ESL Investments, run by Ed Lampert, among the hottest hedge fund managers at the time.
Goldman Sachs put its own skin in the game and invested $75 million on a proprietary basis. Unfortunately, the i
Funds of hedge funds remain under pressure
It was a tough year for hedge funds in general, but funds of hedge funds seem to be faring the worst.
Hedge Fund Research reports that the number of funds of hedge funds totaled 2,018 at the end of Q3 201, which is down 18 percent from the 2007 high of 2,462. While single funds have declined
Mutual funds endure a rough year
Hedge funds had a rough year in 2011. The average fund fell 4 to 5 percent, which qualifies the year as a real stinker.
Mutual funds did not fare much better.The 8,000 plus U.S. diversified equity funds lost 2.9 percent for the year on average, despite a huge surge in the fourth quarter.
S
Pensions turn to alternative investments
It’s no secret that pensions, facing cringing future liabilities as the ranks of pensioners grow, are near-desperate for returns.
They have turned aggressively to alternative investments, much to the cheer of hedge funds and private equity funds. But is this a mistake? It could turn out quite
Excuses, excuses from hedge funds
No matter how you couch it, it was a tough year on average for hedge funds. We’ve noted that the average hedge fund fell nearly 5 percent in 2011 with equity-oriented funds faring worse. Meanwhile, S&P 500 index funds gained roughly 2 percent for the year. Hedge funds are supposed to be able t
