|
Bank of Japan's Fukui
urges better hedge fund monitoring to avoid risk
Source: Forbes
Bank of Japan governor Toshihiko Fukui said that improved
monitoring of hedge funds by global financial authorities is the
most efficient way of staving off a 'potentially explosive
systemic risk' in financial markets.
More...
Hedge-Fund Pioneer
Steinhardt Sees Rocky Art Market (Update2)
Source:
Bloomberg
Michael Steinhardt, who made hundreds of millions as a New York
hedge-fund manager, said owners of contemporary art may have a
rocky ride when values fall.
More...
Hedge
funds aren't for novices
Source:
AZCentral.com
Beginning investors probably should just ignore hedge funds.
They're too risky, and finding the better ones calls for too
much research.
That's the view of James R. Hodge, president and chief
investment officer of Permal Asset Management, one of the oldest
and largest funds of hedge funds, the Permal Group, who spoke
before the Financial Breakfast Club of Morris County at the
Morristown Club. More...
Atheist Hedge Fund
Manager In Boost To Catholic Schools
Source: FINalternatives
Beset by financial difficulty, forced to close parishes and
schools, the Roman Catholic Archdiocese of New York has found an
unusual savior: a hedge fund pioneer who happens to be an
atheist.
More...
The Biggest Hedge
Funds? Investment Banks
Source:
The New York Times
If you are having trouble telling the difference between hedge
funds and investment banks these days, the latest ranking from
Alpha magazine probably won’t help. In a further sign of how
deeply Wall Street firms are getting into the hedge-fund
business, the hedge fund arms of two bulge-bracket banks, J.P.
Morgan Chase and Goldman Sachs, have the No. 1 and No. 2
positions on Alpha’s annual list of the biggest hedge funds.
Top-ranked J.P. Morgan has $33 billion in hedge fund assets,
putting it just above last year’s winner, Goldman, which
oversees $32.5 billion.
More...
Deutsche Bank Unveils
Beta Replication Index
Source:
FINalternatives
Deutsche Bank has launched a new beta replication index that
seeks to produce fund-of-hedge-fund-like returns without the
high fees.
The db Absolute Return βeta Index uses a proprietary algorithm
to invest long and short across a variety of asset classes.
According to Deutsche Bank, the product improves on existing
investable replication indices by replicating returns before
fees. More...
More Hedge-Fund IPOs
Likely This Year
Source:
Forbes
In the wake of Fortress Investment Group LLC's successful
initial public offering, more hedge funds are likely to go
public this year, according to investment bankers speaking at an
industry conference Thursday.
More...
Tudor Group enters
alliance to tap Indian markets
Source:
Reuters Italia
The Tudor Group, a hedge fund, said on Thursday that it formed a
partnership with Helios Capital Management to tap into the
fast-growing Indian equities markets.
More...
Today's Stories unabridged on the
web
|
