The Hedge Funds Weblog
Seen that? – What are hedge funds running for now?
What are hedge funds running for now? The Hedge Funds Weblog
Hedge funds are showing recently a growing interest for bonds. Bloomberg.com submits details of the commitment report in the article "Hedge Funds Fuel Treasury Rally With Record Bet on 10-Year Debt". "Investors are not only betting the Fed is done raising its target rate for overnight loans between banks but that the next step will be to reduce interest rates after the central bank left its target rate at 5.25 percent [...] Read More
Hurricane Hedge Funds & CAT Bonds The Hedge Funds Weblog
Hedge funds piled into the reinsurance market after last year's record hurricane season, which inflicted huge losses on the global insurance and reinsurance industries. Sales of CAT (catastrophe) bonds may triple to $4 billion this year. Hurricane Katrina produced record claims of more than $90 billion last year. Cat bonds emerged after Hurricane Andrew devastated the Florida coast in 1992, triggering record losses of $20 billion. Hedge funds bought the highest [...] Read More
Hedge Fund Journal’s Funds of Hedge Funds/ Newedge Release Top 50 Research The Hedge Funds Weblog
The top 50 funds are certainly managing less, but they are not out of the game. Smaller funds, of course, are facing an even tougher time. Chicago-based Hedge Fund Research (HFR) has reported that over 200 funds of hedge funds liquidated in 2009. This is a significant increase on the last quarter and represents an annual attrition rate of over 8%; nearly double the previous record set in Q4 2008. [...] Read More
Hedge funds lied to investors Sox First
Hedge funds have been badly exposed in a new study Trust and Delegation . Hedge funds were instrumental in buying bad securities and and helping bring the world’s financial system to its knees.The study found that half the hedge funds (49%) lied and misled investors. “We find that misrepresentation about past legal and regulatory problems is frequent (21%), as is incorrect or unverifiable representations about other topics (28%),” the researchers [...] Read More
The Growing Clout of Hedge Funds Sox First
Interesting piece in the Wall Street Journal about how distressed power producer Calpine's pending bankruptcy is highlighting the growing clout of hedge hunds to force changes in corporate strategy.The WSJ piece is for subscribers so here's a summary: the hedge funds are among the biggest holders of Calpine's $17 billion debt and some have taken positions set to push the company into Chapter 11.Corporations traditionally borrow from banks and mutual [...] Read More
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