New York’s transit authorities have turned to Wall Street to insure the city’s subway in the wake of Hurricane Sandy, The Economist reports.
Hedge funds with a three-year track record of positive returns each month charge an average performance fee of 19.50%, finds data from Preqin. And funds with positive performance in less than a quarter of the months charge an average performance fee of 16.67%. Read: Hedge funds end 7-month winning streak “In a competitive fundraising climate, […]
Following Q1 returns north of 3.35%, hedge funds have soured to 0.14% in Q2, according to Preqin’s quarterly hedge fund report.
Yesterday, the SEC voted to lift its 80-year ban on hedge funds advertising.
For the first time, hedge funds will be allowed to advertise to the general public under a rule adopted Wednesday by federal regulators.
For the first time this year, the Eurekahedge Hedge Fund Index declined, losing 1.47% in June.
The Securities and Exchange Commission is set to lift a longstanding ban on hedge fund advertising, reports FINalternatives.
Reuters reports global regulators are planning more stringent capital requirements for banks with exposure to “shadow banks,” including hedge funds.
The Financial Times reports some of the biggest hedge funds are moving heaps of cash into Greece’s banking sector in hopes of major returns.
Hedge funds posted positive returns in April as most markets trended upwards during the month, shows a study by Eurekahedge, an investment data provider. The Eurekahedge Hedge Fund Index was up 1.09% during the month, while the MSCI World Index gained 2.02% for the same period. Read: Hedge fund firm settles with SEC for $21.5 […]