Hedge funds post best gains since 2011, up 2.4% in Q1... [more]Komfie Manalo, Opalesque Asia: Hedge funds generated their strongest gains in the first three months of 2015 and outperformed the S&P 500 with the HFRI Fund Weighted Composite index returning 2.4% and the HFRI Fund of Funds Composite index was up 2.5%. This was the industry’s best performance sin
Avenue Capital raises $700m for new energy hedge fund... [more]Komfie Manalo, Opalesque Asia: Global hedge fund Avenue Capital Group, which manages $13bn in assets as at end March, reported that it raised an additional $700m for a new energy fund that it plans to launch in May.
All six Market Vectors long/short indices gain YTD... [more]Komfie Manalo, Opalesque Asia: Market Vectors Index Solutions (MVIS), a wholly owned subsidiary of Van Eck Associates, reported that all its six investable long/short equity indices gained in the first four months of 2015.
MVIS said that the Ma
Aberdeen Asset Management suffers high emerging market outflows... [more]From FT.com: Investors withdrew billions of pounds from Aberdeen Asset Management as money continued to drain from Europe’s largest independent investment group because of worries over emerging markets. Net outflows for the six months to the end of March rose to £11.3bn, higher than market expectati
Hedge funds took bad ’14 all the way to the bank... [more]From Bostonglobe.com: For investors in hedge funds, like big pension funds, 2014 was not a lucrative year. But for those who managed the investors’ money, the pay was spectacular. The top 25 hedge fund managers reaped $11.62 billion in compensation in 2014, according to Institutional Investor’s Alph
Buffett's bet against the hedge funds masks their real attraction... [more]From AFR.com: With three years to go, Warren Buffett is winning his charity bet that a low-cost index tracker would trounce a portfolio of hedge funds over 10 years. Returns from the S&P 500 index fund are beating a portfolio of funds assembled by hedge fund manager Protégé Partners by 63.5 per cen
Commodities - Hedge fund manager Andrew Hall says oil prices might rise... [more]From OIlandgasinvestor.com: The meteoric rise in U.S. oil production has ended, easing a global glut and driving a rebound in crude prices from below $50 a barrel, according to crude trader and hedge fund manager Andrew J. Hall. “We have now reached a turning point,” Hall said in a letter Friday to
…And Finally - Man gets stuck in Seattle basketball hoop, cops called... [more]From NBCnews.com: Seattleites may still be distraught over losing their beloved SuperSonics to Oklahoma City seven years ago, but this is ridiculous.
A man with a hammer but not much of a plan got stuck in a basketball hoop at a Seattle park on May Day — occasionally dangling from his foot. A