hedge funds

Hedge funds posted their best opening quarter performance since 2006, despite seeing flat returns in March.

Jemma Jackson of the Association of Investment Companies (AIC) looks at the rise of the specialist sectors and explains why closed-ended structures lend themselves to the space.

Hedge fund star George Soros has been expanding positions in a number of his technology favourities, increasing his overall exposure to the sector by 15%.

Hedge fund billionaire John Paulson sold out of Bank of America and Citigroup in the fourth quarter of 2011, missing the sharp rally enjoyed by bank shares year-to-date.

Advanced economies, compared with emerging markets, have better fundamentals, but getting back to ‘normal' will be a multi-year process, says economist Nouriel Roubini, who forecasts up to a decade of weak economic growth in the US.

Majedie Asset Management has closed its Tortoise hedge fund to new investors as assets approach the £350m mark.

BlueCrest Capital is to list a feeder fund for its BlueTrend strategy, a systematic fund that trades across 150 global markets, on the London Stock Exchange this March.

The Financial Services Authority (FSA) has fined David Einhorn and his hedge fund Greenlight Capital £7.2m for trading on inside information in UK stock Punch Taverns in June 2009.

The FSA has launched a consultation on regulations for hedge funds and private equity firms that will form the basis for tough new rules on pay.

Hedge funds faced a mixed year in 2011 as markets took a sharp turn for the worse, but a number of multi-billlion dollar portfolios still shone, according to the latest annual release from Bloomberg Markets Magazine.