The influence of hedge funds is introducing a new set of challenges for corporate investor relations departments.
Despite a troubled economy, the hedge fund industry attracted a record $194.5 billion in new investor capital in 2007.
Outgoing Rep. Richard Baker, R-La., will be the new president and chief executive of the Managed Funds Association.
Ex-Fed chief Alan Greenspan’s guidance will be exclusive during his tenure at Paulson & Co.
The Greenwich Global Hedge Fund Index returned 0.61% in December and gained 11.15% in 2007.
GSO Capital Partners is an alternative asset manager specializing in leveraged finance.
The HFR Fund Weighted Composite Index advanced 0.68% in December and gained 10.4% in 2007.
One way or another, the fallout from the subprime mortgage meltdown and the broader credit crunch is expected to alter the complexion of the alternative investments industry in the year ahead.
The mutual fund industry will let its hair down this year, introducing ever more exotic, hedge-fund-like products that make even greater use of complicated vehicles such as derivatives, according to some industry experts.
Pacificor has named portfolio manager Andy Mitchell to helm the hedge fund after Michael B. Klein, former CEO, died after his private plane crashed in Panama on Sunday.
Burned in the aftermath of Bear Stearns’ two collapsed hedge funds, Barclays has sued the firm and a pair of its fund managers.
The number of hedge fund launches and liquidations are off at a 25% annual rate for the second consecutive year, according to HFR.
CEO and CIO were the best-compensated positions at hedge funds of funds in 2007, according to an Infovest21 survey.
Tudor Investment clients have pulled more than $1 billion from its Raptor hedge fund after it fell 8.5% this year.
The hedge fund run by RK Capital Management of London lost 22% in November as copper prices fell.
Greenwich reported significantly smaller losses than the S&P 500, Dow Jones and Nasdaq indexes.
The Hennessee Hedge Fund Index fell by 1.58% in November, but remains up 11.94% year-to-date.
Despite the market's current volatility, the love affair between ultrawealthy investors and hedge funds is still torrid, according to a new survey by the Institute for Private Investors, a New York-based association for very wealthy families and their advisers.
Hedge fund assets have increased by 11% in the past six months, according to HFM.
Hedge fund returns fell November, reflecting declines in the major stock markets, the credit crunch and concerns about business slowdowns.
