All News
Harbinger attracted by media
Thu, 28 August 2008, 08:49
Of late, Harbinger Capital Partners, the New York based hedge fund, has been gradually showing its attraction to media companies. In the past several days the fund, which, along with Firebrand Investments, already holds roughly a 20 percent stake in the New York Times Co, added economic exposure to 1.9 million NY Times shares in August through share purchases and a series of equity swaps, according to filings with the Securities and Exchange Commission. 
SecFinex launches initiative to stimulate stock loan interest in ETFs
Thu, 28 August 2008, 07:21
SecFinex is broadening the equity security composition on its electronic trading platform by the inclusion of ETFs for the first time. The development of the ETF product on the SecFinex platform will be in association with iShares, the world's number one provider of ETFs, managed by Barclays Global Investors ("BGI") and is committed to supporting electronic lending platforms.
Deutsche Börse introduces new
Thu, 28 August 2008, 07:11
As of September 2008, a new pricing and discount model will apply for algorithmic trading on Xetra, in which computers evaluate trading signals and place orders independently in the system.
Biden and the hedge fund
Wed, 27 August 2008, 07:13
The political games have begun. Just a day after Barack Obama named Senator Joseph R. Biden Jr. of Delaware as his vice presidential running mate, media reports are tying members of his family to an alleged hedge fund fraud scheme.
New emissions indexes unveiled by Dow Jones and CCX
Wed, 27 August 2008, 07:12
Dow Jones Indexes and the Chicago Climate Exchange (CCX), the world's first and North America's only voluntary, legally binding integrated greenhouse gas emissions reduction, registry and trading system, are launching the Dow Jones/CCX European Carbon Index and Dow Jones/CCX Certified Emissions Reductions (CER) Index, which serve as benchmarks for participants seeking exposure to the European Union Emissions Trading Scheme and Kyoto Protocol...
Eurex Clearing to expand
Wed, 27 August 2008, 07:07
Starting November 2008, Eurex Clearing is to offer three different service packages for clearing of cash market transactions.
Deutsche Bank to offer access to Saudi Arabian market via swaps
Tue, 26 August 2008, 07:40
Deutsche Bank says that it is ready to commence offering its international clients access to Saudi Arabia's stock exchange, the largest equity market in the Middle East.
Hedge funds' power play yields dividends
Tue, 26 August 2008, 06:17
The ongoing market volatility has copper-fastened the hedge funds' outlook towards power and energy stocks, which seems to be in the positive. According to weekend media reports, hedge funds are buying into power supplier Scottish & Southern Energy (SSE) in hopes of a bid for the company.
ETF's continue to impress
Tue, 26 August 2008, 06:05
In the first half of 2008 the Deborah Fuhr and Shane Kelly report takes note of some astounding differences in the use of European domiciled ETFs vs European
domiciled mutual funds when we compare net sales data as calculated by Lipper Feri for the first half of 2008. Net sales of mutual funds domiciled in Europe xcluding ETFs were minus 63.1 billion euro in the first six months of 2008 while during that same period net sales of ETFs domiciled in Europe were a positive 21.9 billion euro.
Regulatory paranoia means hedge fund claustrophobia
Mon, 25 August 2008, 20:49
Wasn't it Elvis Presley who sang, "We can't go on together with suspicious minds?" Perhaps management at the US Securities and Exchange Commission (SEC) would do well to listen to these lyrics again. Because in this new era of financial turbulence, it seems that regulators are taking on a tyrannical approach to policing financial companies, especially hedge funds.
Martin Asset Management to offer hedge fund replication strategy through ETFs
Fri, 22 August 2008, 06:00
Tarzana, California-based alternative investment boutique Martin Asset Management has launched investment strategies based on exchange-traded funds that it says are able to replicate hedge-fund-like returns and risk factors without heavy fees, lock-ups and non-transparent holdings.
Hedgeweek Commentary: Behind the hedge fund news - 22.08.08
Fri, 22 August 2008, 05:58
It's an ill wind that blows nobody any good, they say, and that's certainly the case for hedge fund manages. In a tough economic environment that has already taken a number of notable hedge fund scalps, other managers are revelling in the opportunities offered by high levels of volatility and the opportunity to pick up investments at bargain prices from distressed or suddenly-cautious institutions. Two traders famous for different reasons, George Soros and Brian Hunter, are back in the news as they seek to turn unruly markets and depressed sentiment to advantage - how successfully, will only become clear later.
Hedgeweek Comment: Private equity and hedge funds could make beeline for BAA
Thu, 21 August 2008, 05:46
The UK's biggest airport operator BAA may have to sell three of its seven airports in its home market (it also owns the airport at Naples in Italy) because of concerns about its market dominance, following a report from the country's Competition Commission.
Site maintenance
Thu, 21 August 2008, 00:01
Due to scheduled maintenance work across all of our websites, we will not be publishing daily newsletters from Monday 25 August to Friday 29 August. Normal service will resume on Monday 1 September.
Hedgeweek Comment: Ex-Amaranth trader rakes in the money
Wed, 20 August 2008, 05:51
Apparently unscarred by the Amaranth Advisors fiasco, the trader whose natural gas trades triggered the collapse of the Connecticut hedge fund manager nearly two years ago is back in business. A commodity hedge fund advised by Brian Hunter surged in July as energy, metals and agricultural prices suffered their largest fall in nearly three decades.
Hedgeweek Comment: Banks tighten lending grip on hedge funds
Tue, 19 August 2008, 12:09
Investment banks are implementing tough internal rules, perhaps in a very practical way, to streamline the way they lend to hedge funds. Morgan Stanley and Goldman Sachs are among the institutions that are reported to have changed the way they assess lending to hedge funds by linking it to the market's assessment of their own creditworthiness.
Deutsche's db x-trackers ETFs raise EUR15bn in assets in 18 months
Tue, 19 August 2008, 06:01
Deutsche Bank's db x-trackers exchange-traded funds platform has raised more than EUR15bn in assets over the 18 months since its launch in January 2007, making Deutsche the third largest ETF provider in Europe ranked by assets under management with a 14 per cent market share, according to the bank's ETF research reports.
BGI launches iShares ETF with broad exposure to Asian equity market
Mon, 18 August 2008, 06:05
Barclays Global Investors has launched the iShares MSCI All Country Asia ex Japan Index Fund on the Nasdaq Stock Market, offering broad and diversified access to the equity markets of China, Hong Kong, India, Indonesia, Malaysia, Pakistan, the Philippines, Singapore, South Korea, Taiwan and Thailand. The exchange-traded fund's management fee is 0.74 per cent.
Hedgeweek Comment: Soros is buying
Mon, 18 August 2008, 05:58
Global investor and philanthropist George Soros is back doing what he does best - making a fortune by exploiting financial turmoil. According to a regulatory filing last week, Soros Fund Management raised its stake in Lehman Brothers from 10,000 shares in March to 9.47 million common shares, representing 1.36 per cent of the total outstanding, at the end of June.
Exchange-traded commodities trading soars in London, says ETF Securities
Fri, 15 August 2008, 05:41
Exchange-traded commodities from ETF Securities have seen record trading volumes over the past six weeks, according to the London Stock Exchange, with ETFS Short Crude Oil became the most liquid product in the exchange's ETF/ETC segment with USD1.7bn in July, 22 per cent of the total.
