The Hennessee Hedge Fund Index declined by 5.52 per cent in October, only narrowly improving on the industry’s dismal record the previous month, and is now down by nearly 16 per cent over

Hedge funds dropped by an average of 8.04 per cent in October, according to the Barclay Hedge Fund Index compiled by Fairfield, Iowa-based BarclayHedge, and have lost 14.44 per cent of the

Edinburgh-based independent fund management group SVM Asset Management has reported that the its Highlander long/short fund has returned 18.1 per cent over the first 10 months of 2008 and

Rreef Alternative Investments, Deutsche Bank’s global alternative asset management business, has agreed to acquire a significant minority interest in Rosen Real Estate Securities, a Berkel

As the domino effect from the credit crunch continues, it is becoming increasingly clear that many hedge funds will be forced to shut down due to the interplay of shrinking access to lever

Although hedge funds’ earnings volatility will likely be higher and assets under management lower as the markets work through the current credit downturn, rated hedge funds are positioned

Singapore-based alternative asset manager Artradis Fund Management, which currently has more than USD4bn in assets under management, has annouced it will launch the Artradis Asian Converti

The board of Guernsey-domiciled closed-ended hedge fund CMA Global Hedge PCC has announced measures to address the problem of the persistent discount of its share price to the fund’s net a

London-based CF Partners (UK), an environmental finance firm specialising in carbon advisory and trading, is launching a carbon emissions hedge fund strategy. The CF Carbon Fund adopts a relative value and arbitrage-based approach to trading carbon and the correlation of carbon with other global energy markets, seeking to capitalise on pricing inefficiencies and dislocations in these markets. The fund, which is targeting a 20 per cent return, has been running a shadow portfolio (which is up 6.67 per cent since June) ahead of opening up for investor subscription in November. The carbon strategy is attracting interest from investors due to

As world grapples with the consequences of the implosion of the US sub-prime mortgage sector, some hedge fund managers seem to have already spotted a comparable market, following reports t