Sep 4, 2007 / 8:56am / in General, hedge funds, International Investing
Hedge funds, which have an estimated $1.9 trillion in assets combined, saw investors sell off an estimated $32 billion worth in July, said a report Tuesday.
The outflow was the largest since 2000, according to a monthly report by TrimTabs, an investment research firm. The August outflow could be even greater, the firm said, although complete data is not yet available.
Aug 29, 2007 / 10:07am / in Emerging Markets, General, hedge funds, International Investing
$100 million! From the WSJ:
Iraq Fund LLC, Iraq's first hedge fund, aims to raise as much as $100 million within 18 months for investment in companies listed on the local bourse and in state enterprises, a company official said.
Aug 28, 2007 / 5:48am / in General, hedge funds, International Investing
The fixed income arbitrage index was up 0.31%. Each of the other nine strategies covered by Credit Suisse/Tremont lost money over the same period.The overall investable hedge fund index published by Credit Suisse/Tremont was down 1.54% for the first two weeks of August.
Aug 17, 2007 / 11:04am / in Americas, General, hedge funds, International Investing
Hedge fund assests increased to record levels last quarter just in time to catch the coming decline:
Total hedge fund asset levels increased by 8% in the second quarter of 2007, to $2.593 trillion from $2.401 trillion in the first quarter of 2007, according to a report by HFN (HedgeFund.net).
Aug 14, 2007 / 9:47am / in Asia, Emerging Markets, Equities, General, hedge funds, International Investing
Jul 20, 2007 / 4:25am / in General, hedge funds, International Investing
The broking unit of Man Financial Group plc floated its IPO yesterday. It didn't go over so well, apparently.
MF Global came to the market at $30 per share, raising $2.9 billion for the 80% stake sold. That fell appreciably below the bottom end of the $34-$37-per-share range announced earlier. Worse, the stock stumbled on its New York Stock Exchange debut, falling nearly 9% late in first-day dealing on Thursday [July 19] to $27.33.
Jul 17, 2007 / 3:47am / in Americas, General, hedge funds, housing bubble, International Investing
From the MarketBeat Blog:
Worries about subprime lending drove the riskiest tranche of the closely-watched subprime ABX derivative index to a record low of 44 cents on the dollar today — understandable, given everything that’s gone on in the subprime sector.
Jul 6, 2007 / 9:25am / in Americas, derivatives, General, hedge funds, housing bubble, International Investing