Recognize anything in these outtakes?
Hedgeweek Commentary: Behind the hedge fund news
As equity markets sag under the weight of bad economic news and the continuing problems of the global financial industry, short sellers are having a field day. Short bias funds shot the lights out in terms of performance in June even as the hedge fund industry as a whole slipped into negative territory for the first six months of the year. But managers need to look over their shoulders as regulators in the US and elsewhere hastily impose new controls on short selling and seek to pursue traders found to have illegitimately "talked down" their targets.
The Hedgeweek Interview - Manuel Alejandro Dopazo, Fincere: "Hedge funds follow common trades and strategies that increase rather than decrease correlation and systemic risk"
Manuel Alejandro Dopazo, managing director of London-based investment manager and corporate advisor Fincere, says that despite the recent impact on emerging markets of global financial turbulence, the world's developing economies are well placed to continue to build on their growth of the past few years.
Rushbrook accuses hedge funds of rights exploitation
Thu, 17 Jul 2008, 22:06
The Herald
Bearish fund manager Ian Rushbrook has moved the GBP190m Personal Assets Trust (PAT) from zero to 75% in equities in recent weeks, and is overweight in banks, he told the trust's shareholders yesterday. But the veteran manager, who a year ago apologised to shareholders for being 80% in cash but correctly predicted the meltdown in financial markets, said that "doesn't mean we think there are no problems ahead for the market". An unusually packed annual meeting at the headquarters of F&C in Edinburgh, at which a lifesize stuffed bear sat on the end of the front row, heard Rushbrook warn that the "fault lines" in banking rights issues were being exploited by hedge funds to drive down the price, then buy shares back on the cheap.
Hedge Funds surpass mutual funds in equity trading volume
Thu, 17 Jul 2008, 17:03
CNN Money/Dow Jones
An equity investors study by Greenwich Associates showed trading volume generated by hedge funds surpassed mutual funds last year and now ranks second only to traditional asset-management shops. The financial-consulting firm said the influence of hedge funds as a way of generating equity trading has helped Merrill Lynch & Co (MER) and other firms " solidify" their standing as top US brokers in terms of market share. |
