Canada’s hedge fund industry gathered earlier this month to raise $150,000 in support of Hedge Funds Care Canada (HFCC), the country’s only philanthropy dedicated exclusively to the treatment and prevention of child abuse and neglect.The fifth-annual gala at Toronto’s Sutton Place Hotel brought together both local and visiting hedge fund professionals for a fifth consecutive […]
Credit Suisse Index Co., Inc. said that final performance numbers show hat hedge funds lost about 6.3% in October.According to Oliver Schupp, president of Credit Suisse Index Co., the final performance for the Credit Suisse/Tremont Hedge Fund Index was a 6.3% drop for October. The index’s negative performance was driven primarily by losses in the […]
The Northwater Five-Year Market-Neutral Trust is actively raising cash in Northwater Five-Year Market-Neutral Fund Ltd., the hedge fund portfolio to which it has exposure, in anticipation of the trust’s termination on June 30, 2009, the trust announced Thursday.The fund’s investment advisor, Northwater Capital Management Inc. has submitted redemptions for all of the hedge funds in […]
Single manage funds fare worse than funds of funds
October poised to be the worst month in history for fixed income arbitrage managers
Research shows Canadian hedge fund investors not sufficiently rewarded
Industry needs better corporate governance going forward
Sprott hedge funds remain defensively positioned
Epic Capital Management Inc. is closing its Epic Limited Partnership hedge fund, according to reports Wednesday. The fund, managed by Epic CEO David Fawcett, focused on Canadian investment opportunities, It was launched in November 2000.In September, the fund had a negative return of 13.7%. Year-to-date, the fund had fallen 37.9%.Epic’s decision also affects the Arrow […]
Although it’s not yet clear what impact the recent ban on short-selling has had, regulators are considering making changes