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By Staff Writer |
November 29, 2004
"The difference between stupidity and genius is that genius has its limits."--Albert Einstein Many years ago, I took a girlfriend to Bermuda. There we met a lecherous English playboy married to what turned out to be a fabulously wealthy daughter of really old money. We figured this out when we...
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By Staff Writer |
November 22, 2004
NEW YORK (HedgeWorld.com)-- According to research compiled by Tremont Capital Management Inc.'s* TASS Research, the net flow into hedge funds totaled US$25.1 billion in the third quarter, a figure that brings the net inflow of assets to the industry to a record-breaking US$100 billion for 2004. For all of 2003,...
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By Staff Writer |
November 2, 2004
BUENOS AIRES, Argentina (HedgeWorld.com)--Copernico Capital Partners is the latest addition to the CSFB/Tremont's* Emerging Markets Investable Hedge Fund Index. Copernico's event-driven vehicle, the Copernico Latin American Strategic Fund, was selected as one of 114 funds included in the 10 sector investable indexes offered by Credit Suisse First Boston/Tremont Hedge Fund...
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By Staff Writer |
October 18, 2004
DUBLIN, Ireland (HedgeWorld.com)--Officials at Pioneer Alternative Investments are saying that a recent fund closure has to do with poor performance but insist that its shortcomings aren't the whole story. Instead, Pioneer has bright hopes for the future. "We are confident that our new strategy will have a greater probability of...
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By Staff Writer |
October 12, 2004
NEW YORK (HedgeWorld.com)--CSFB/Tremont* Index LLC launched 10 investable hedge fund indexes corresponding to the strategy components of the benchmark. An investable version of the overall index was started last year. Managers have been added to each sector to expand and deepen its coverage. Due to that, "An investor can use...
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By Staff Writer |
September 17, 2004
NEW YORK (HedgeWorld.com)--Hedge funds meandered back into positive return territory in August--but just barely, according to the CSFB/Tremont* Hedge Fund Index. Hedge funds broadly finished the month up 0.14% after falling 0.31% in July. For the year through Aug. 31, all hedge funds tracked by the index were up 2.75%....
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By Staff Writer |
August 30, 2004
LONDON (HedgeWorld.com)--Jim Mitchell was appointed head of investment management in Europe for Tremont Capital Management Inc.* Mr. Mitchell will join Tremont's London office from the firm's Rye, N.Y., offices where he was vice president of investment management relationships. In his newly created position, Mr. Mitchell will lead Tremont's European research...
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By Staff Writer |
August 24, 2004
NEW YORK (HedgeWorld.com)--The market favored short sellers last month, according to return data reported in the CSFB/Tremont* Hedge Fund Index. While the overall hedge fund index is down a negligible 0.31% last month, dedicated short-bias managers gained 8.12% thanks to ideal positioning as the market moved away from lower quality...
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By Staff Writer |
August 24, 2004
RYE, N.Y. (HedgeWorld.com)--Hedge fund inflows set another record in the second quarter, the fifth time in a row quarterly inflows have topped the previous reporting period. Hedge funds added US$43.3 billion in assets between April 1 and June 30, according to TASS Research,* besting the previous record of US$38.2 billion...
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By Staff Writer |
June 21, 2004
NEW YORK (HedgeWorld.com)--May wasn't a stellar month for hedge fund managers. Still, managers in five of the nine Credit Suisse First Boston/Tremont* Hedge Fund Index...