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Barclay’s Hedge Fund Index Gains In July
Source:
FINalternatives
Hedge funds gained 0.62% in July, according to flash estimates
from the Barclay Hedge Fund Index.
Eleven of Barclay’s 18 Hedge Fund Index gained ground last month
with Equity Short Bias leading the way at 6.56% (2.12% YTD)
followed by Emerging Markets up 3.19% (16.46% YTD).
More...
Funds of hedge funds start to show impact of sub-prime trading
Source:
Citywire
The meltdown in US sub-prime lending is certain to have an
impact on UK fund of hedge funds, analysis of recent performance
shows.
Although it is too early to say which of the funds has been hit,
research from WINS Investment Trusts highlights two funds that
have stood on either side of the sub-prime dividing line.
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The Hedge Fund as Activist
Source: HBS Working Knowledge
Managers of public corporations sometimes need to be reminded
that they work for shareholders. Without proper monitoring,
managers may receive excess compensation or perks, or misuse
free cash flow. More...
Hedge Fund Stock Games, Gold Remains Firmly Bid
Source:
SeekingAlpha
Central Bankers poured $500 Billion Dollars (that’s Billion!)
into the monetary system last week. The sheer quantity of
intervention indicates an enormous monetary dislocation is
taking place -- current gold prices remain firmly bid.
More...
New Mexico Ramps Up Hedge, Private Equity Portfolios
Source:
FINalternatives
The board of the Public Employees Retirement Association of New
Mexico recently added a group of hedge funds and a private
equity fund to its portfolio.
More...
Wall Street bonuses may take a cut for the first time in five
years.
Source:
The International Herald Tribune
The credit-market freeze that is paralyzing leveraged buyouts,
mergers and myriad computer-driven trading strategies may cut
Wall Street bonuses for the first time in five years. More...
Hedge Funds Eye Shareholder Moves
Source:
CNNMoney.com
Some hedge funds with heavy exposure to complicated, often
illiquid securities likely are in for a rough ride in the next
few months if investors take out their money.
More...
Pensions' Hedge-Fund Appetite Tested
Source:
Forbes
Recent market turmoil is likely to test the mettle of
public pensions invested in hedge funds.
Craving returns that are higher than plain-vanilla stocks and
bonds, public pensions poured billions of dollars into hedge
funds at a time of low volatility and solid returns. This month,
though, some hedge funds have suffered double-digit percentage
losses, which could sting pensions that have recently embraced
this asset class. More...
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