GLG Partners has reported a GAAP net loss attributable to common stockholders for the fourth quarter and full year ended 31 December 2009 of USD75.3m, or USD0.33 per fully diluted share, and USD319.0m, or USD1.45 per fully diluted share, respectively.
The Credit Suisse Liquid Alternative Beta Index, which aims to reflect the performance of the overall hedge fund industry, finished up 0.61 per cent in May. The Long/Short Equity strategy was the strongest performer for the month and year-to-date, finishing
Managed futures lost 1.48 per cent in January, according to the Barclay CTA Index compiled by BarclayHedge. “Unanticipated appreciation of the US dollar together with falling commodity and stock prices proved to be a toxic mix, resulting in January losses
Richard Bookbinder, a hedge fund industry veteran and managing member of Bookbinder Capital Management, has co-written a book on hedge fund of funds investing. Co-authored with hedge funds author Daniel Strachman, Fund of Funds Investing: A Roadmap to Portfolio Diversification,
Ronald Paterson, partner at international law firm Eversheds. comments on concern expressed by AIMA this week over the AIFM Directive. The potential consequences of getting this directive wrong, range from the unthinkable – a trade war with
Deutsche Bank’s managed account platform has created a dedicated sales team to capitalise on the growth in investor demand for alternative ways to access hedge funds. Daniel Caplan (pictured) will be heading up the new team in addition to
Crystal & Company, a risk and insurance advisor, has been named Best North America Insurance Provider at the 4th Annual Hedgeweek USA Awards. Bringing together the top names in the US hedge fund industry to celebrate the achievements of the
Hedge funds investing in emerging markets reversed sharp 2008 losses with strong gains in 2009, as the HFRI Emerging Markets (Total) Index gained 40.4 per cent for the year, according to data released by Hedge Fund Research. This rate of
Hedge funds lost 0.29 per cent in January, according to the Barclay Hedge Fund Index compiled by BarclayHedge. Stocks sold off after having rallied early in the month, with the S&P 500 dropping 3.60 per cent in Januar. The Barclay
Five out of six of Market Vectors Index Solutions’ (MVIS) investable hedge fund beta indices recorded positive performance in May. Each index is constructed using transparent, liquid ETFs to produce hedge fund-style returns without hedge fund pricing, opaqueness and redemption
