Citing pressures associated with declining assets under management and pressures facing the hedge fund industry, Fitch Ratings has downgraded Man Group plc’s long-term issuer default rating.The rating agency says that the downgrade “reflects the pressure on management fees arising from falling funds under management and various implications for Man arising from the significant performance, reputation […]
A few basic checks can go a long way toward uncovering potential problems
Fund performance flat in December
Assets down 11% in December
Hedge fund alleged victim of Madoff
Award meant to encourage applied research in the field of alternative investments in Canada
Sixth straight month of negative returns
Gains in Global Macro and Managed Futures sectors help offset losses from other sectors
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 […]