Hedge Fund Video Library | 30+ Free Videos on Hedge Funds by Richard Wilson

Hedge Fund Partnerships

Hedge Fund Partnerships

Hedge Funds in Asia Seek Partners to Mitigate Risk, Costs

Small hedge funds in Asia are sacrificing autonomy for partners that will help them overcome the initial startup and infrastructure costs. By partnering with a larger hedge fund management firm, many small hedge funds are meeting investor demands for strict risk standards and having a partner that will help share costs.
“I’ve seen a lot of people invest in infrastructure and just struggle to ever recoup that, limping along for ages,” Dickson, 41, said in an interview in Singapore. “I won’t have to spend days with regulators, risk officers and compliance people; I just focus on running my fund.”

Asia’s smaller hedge funds are sacrificing autonomy for organization to help share costs and meet stricter risk standards demanded by investors in the aftermath of Lehman Brothers Holdings Inc.’s bankruptcy and Bernard Madoff’s ponzi scheme. At least 10 firms in Asia are now offering services such as trade execution and office support, taking a cut of the manager’s revenue or equity in the fund.

Firms that provide hedge funds with operational functions are not new to the U.S. and Europe, where companies such as FrontPoint Partners LLC of Greenwich, Connecticut, and Stockholm-based Brummer & Partners have built multi-manager businesses that offer support to smaller funds. Asian funds, which typically had tried to remain independent, are now more tempted to pool efforts after superior returns failed to attract assets, said Peter Douglas, principal of Singapore-based GFIA Pte.  Source

Related to: Hedge Fund Update

Tags: hedge funds partnerships, hedge fund partnerships, hedge fund partners, hedge funds in Asia, Asia hedge funds, Small Asian hedge funds

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http://richard-wilson.blogspot.com/2011/07/hedge-fund-partnerships.html

Hedge Funds Pay Disclosure

Hedge Funds Pay Disclosure

Hedge Funds Face Regulations on Bonuses, Pay Disclosure

Hedge funds and private equity firms thought they had escaped curbs on pay from Britain's Financial Services Authority and other European regulators, but that doesn't seem to be true, according to PwC. Hedge funds and private equity firms are running into rules on how and when bonuses are paid and more pay disclosure. 

Many managers thought they would be able to avoid the pay regulation of financial institutions in Europe's Capital Requirements Directive but many of the new policies actually apply to asset management firms including private equity and hedge funds, an unwelcome surprise to many.
The AIFMD paper, published last week, targets asset managers, extending the reach of regulations made in Europe's Capital Requirements Directive, which referred only to "financial institutions" and which many managers thought they could avoid, Wright said.

"The rules will mean sweeping changes to the pay policies and practices of many asset management firms. Many thought they'd escaped the brunt of banking pay regulations, but they're coming back to bite," said Tim Wright, reward director at PwC.

Under earlier rules from the FSA, many asset managers fell into the most leniently treated group, while most private equity houses were exempt.

Most managers will now ultimately face much tougher rules, PwC said.

The new measures in the AIFMD -- a controversial piece of legislation that raised hackles when first proposed in the wake of the credit crisis -- require firms to pay at least half of bonuses in stock and defer between 40 and 60 percent of variable pay for around three to five years.  Source

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Europe Hedge Fund Launches

Europe Hedge Fund Launches

Europe Hedge Fund Launches Bigger but Fewer

The number of European hedge fund managers launching funds has declined since last year but the size of the launches has increased.  Europe's managers launched 45 new offshore hedge funds in the first half of 2011 raising $5.2 billion in capital compared to the $3.8 billion raised by 58 new funds during the same period last year.  This shows that while it is considerably more difficult to start a fund in Europe now, you will likely be rewarded for overcoming those challenges with higher AUM.
EuroHedge said at least 45 new offshore hedge funds were launched by European hedge-fund managers in the first half of 2011, raising a combined $5.2 billion. The average size of the funds was $116 million, compared with an average size of only $65 million in the same period last year, when 58 new funds were started for a total of $3.8 billion.

The data reflects shifts in the hedge-fund industry that have made it harder for new managers to start operations and raise money. However, many of the funds that do succeed in launching are from people who established their reputations at rival firms, giving investors a measure of faith in their records.

"Our research shows increased barriers to entry in the hedge fund industry in the wake of the financial crisis. But the rise in the average new fund size indicates that investors are increasingly keen to back proven managers at a time of change and opportunity throughout the financial industry. There have been many high-quality launches this year, often starting with significant seed investment from some very savvy investors, and the pipeline looks strong for some big new launches in the second half of the year too," Nick Evans, editor of EuroHedge, said.

EuroHedge estimates that assets in Europe-focused hedge funds managed from Europe account for around $389 billion of a $2 trillion global industry. A further $13 billion or so is in Asia-focused funds managed from the U.K. and continent.  Source

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George Soros Retires

George Soros Retires

George Soros 'Retires' from Managing Investors' Money

George Soros is ending his illustrious career as a hedge fund manager after four decades of managing money for investors. The eighty-one-year-old billionaire has decided to return money to outside investors as Soros Fund Management LLC transitions to a type of family office, managing money for Soros and his family. Chief investment officer Keith Anderson will be leaving the firm, according to a letter to investors.
Soros, who turns 81 next month, will hand back the money, less than $1 billion, by the end of the year, according to two people briefed on the matter. His firm will focus on managing assets solely for Soros and his family, according to a letter to investors. Keith Anderson, 51, chief investment officer since February 2008, is leaving, said the letter, signed by Soros’s sons Jonathan and Robert, who are co-deputy chairmen.

“We wish to express our gratitude to those who chose to invest their capital with Soros Fund Management LLC over the last nearly 40 years,” they said in the letter. “We trust that you have felt well rewarded for your decision over time.” 
The move completes Soros’s transformation from a speculator, who in 1992 made $1 billion betting that the Bank of England would be forced to devalue the pound, to philanthropist statesman, a role he first imagined for himself as a Hungarian émigré studying at the London School of Economics after World War II, according to Soros’s writings. In the last 30 years, he’s given away more than $8 billion to promote democracy, foster free speech, improve education and fight poverty around the world, he said in a recent essay.  Source

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Eric Cantor Hedge Funds

Eric Cantor Hedge Funds

Cantor: Ally to Hedge Funds and Private Equity in Debt Talks

It would be difficult to avoid writing in some way about the debt talks that are taking place in Washington. There is an interesting profile of Republican House Majority Leader Eric Cantor and his work fighting against attempts to raise taxes on hedge funds and private equity. Representative Cantor walked out of meetings with Vice President Biden, largely because Cantor refused to change the tax treatment of private equity and hedge fund managers. Since then, the debt ceiling negotiations have largely involved broader changes to the tax code and bigger cuts.

As the ratings agencies threaten to downgrade the United States' credit rating, Wall Street is bracing for the fallout if a deal is not reached, but at least for the moment it looks like hedge funds and private equity firms will be spared--largely thanks to Eric Cantor.
Among the White House’s top demands for new revenue are changes in the tax code affecting hedge funds, private equity firms and real estate partnerships, which would raise an estimated $20 billion over 10 years. 
For the past four years, Cantor has taken the lead in the House on fighting the same changes. He also has been one of the top recipients of contributions from those industries — last year, his two fundraising committees received nearly $2 million from securities and investment firms and real estate companies, more than double the figure for Boehner (R-Ohio). 
The hedge fund and private equity proposals were at the center of Cantor’s break with Biden’s team. Since then, the prospect for any immediate tax increases has declined, with the focus turning instead to a package based on spending cuts, with broader tax reform postponed.
Source

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Paulson Hong Kong

Paulson Hong Kong Specialist

Paulson Hires Hong Kong Specialist after Sino-Forest Losses

How do you bounce back from a heavy loss on a Chinese company? By hiring a Hong Kong specialist. At least that appears to be what John Paulson is thinking after his biggest hedge fund got burned by a Chinese forest company, Sino-Forest.
John Paulson said he will hire a specialist in Hong Kong for his $37 billion Paulson & Co. hedge fund after losses tied to Sino-Forest Corp., according to two people briefed on the matter.

Sino-Forest, the Chinese forestry company accused by a short-seller of overstating timberland holdings, accounted for 2.5 percentage points of the 11 percent decline in the firm's biggest fund in June, Paulson, 55, said on a conference call with investors yesterday, according to the people.

The hedge fund, previously the largest investor in the stock, sold the entire stake last month after Sino-Forest shares fell 71 percent in two days. Paulson said the remaining losses in his funds were mostly related to macroeconomic developments that have been difficult to predict, such as the European debt crisis and negotiations about the U.S. debt ceiling, said the people, asking not to be identified because the fund is private. Read more

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Danielle Chiesi Prison

Danielle Chiesi Prison

Hedge Fund Exec Gets 30 Months Prison for Insider Trading

Danielle Chiesi, a former executive at a New York hedge fund, received a sentence of 30 months in prison for insider trading.  The former New Castle Partners executive was convicted of insider trading and received three months longer in prison than her boss Mark Kurland.  The sentence is more time than her lawyers pushed for and less time than the prosecution sought. 

U.S. District Judge Richard Holwell imposed a 30-month sentence on the former beauty queen and New Castle Partners executive, a term unlikely to make either side happy. Prosecutors had sought between 37 and 46 months for Chiesi, while her attorneys had asked for significantly less time than the 27 months that her boss—and former lover—Mark Kurland received.
Chiesi pleaded guilty to conspiracy and fraud in January, just a month before Rajaratnam's trial began. Chiesi did not testify against the Galleon chief, but her flirtatious phone calls with Rajaratnam were played at his trial, which resulted in his conviction on all counts.
Chiesi blamed her relationship with Kurland for her misdeeds, with her lawyer arguing last month that her actions were "the manifestation of the psychological and emotional forces impacting" on her.  Source

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Particpate in a Expert Audio Interview

Participate In a Expert Audio Interview


Want to be included in my next book or training program?  Our team is looking to interview 40 additional experts this year over the phone to create 40 audio expert interviews for the Hedge Fund Group's and G.T.C. Institute's training programs such as the Certified Hedge Fund Professional (CHP) designation and upcoming training program on working with family offices.

In exchange for the time it takes you to complete this interview we can offer you $97 access to one of our full day capital raising workshops which typically cost $500-$1,000 each.  We can also provide you with a free copy of the MP3 after the interview to use in your own business, with your clients, or on your own website.

These expert audio interviews with our team can be completed over the phone anonymously or while using your real name and firm name.  What we need are experienced experts with 7-10+ years of experience in one of the following areas:
  1. Family Office Investing
  2. Risk Management
  3. Hedge Fund Operations
  4. Hedge Fund Trading Best Practices
  5. Portfolio Management
  6. Hedge Fund Management (As a Fund Principal)
  7. Private Equity Fund Management (As a Fund Principal)
  8. Investment Banking
  9. Financial Analysis
  10. Family Office Management
  11. Financial Modeling
  12. Family Office Capital Raising
If you are interested please contact our expert interview coordinator on our team at Interviews@HedgeFundCertification.com.  Thank you in advance for applying to complete this expert audio interview series with a member of our team. 




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Asian Hedge Fund Startups

Asian Hedge Fund Startups

New Asian Hedge Funds Raise Nearly Double in 1st Half 2011

It's a great time to be a new Asian hedge fund, according to recent fundraising data. New Asian hedge funds making their debut raised more than twice as much in the first half of 2011 as they did in the second half of 2010. The average Asian hedge fund raised three times as much at launch than in the first half of last year.

Only 24 new hedge funds debuted in the region during the first half, compared to 70 in the year-earlier period, the AsiaHedge New Funds Survey showed. But the average fund launched with US$119 million, compared to just US$40 million in the first half of 2010.
All told, those 24 funds raised US$2.86 billion; in the second half of last year, new Asian hedge funds raised just US$1.09 billion. This year's figure is the highest since new Asian hedge funds raised US$5.7 billion in the first half of 2007.
"The Asian new fund landscape continues to be reinvigorated, though the barriers of entry are the highest ever, resulting in only a handful of high-quality new managers being able to come to the market," Aradhna Dayal, AsiaHedge's editor, said. "These managers have to display a combination of solid pedigree, experience in managing a sizable chunk of assets and institutionalized platforms."  Source


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Smaller Managers Group

Smaller Managers Group

AIMA Trade Association Launches Smaller Managers Group

Alternative Investment Management Association, a hedge fund industry trade association, has decided to extend membership to smaller hedge fund managers. AIMA is launching a Smaller Managers' Group. The group includes European hedge fund managers with US$250 million or less under management.
The Alternative Investment Management Association, a hedge fund lobby group with 1,250 corporate members, has created a sub-group for its European members with US$250 million or less under management.

AIMA says the Smaller Managers' Group is expected to meet on a regular basis to discuss “issues of common concern” including regulations, sound practices, due diligence, interactions with service providers and business pressures.

The group held its first meeting earlier this month during which it appointed Jim Kandunias, principal of Esemplia Emerging Markets, as chair.

Andrew Baker, AIMA CEO, said: “It is well documented that smaller managers in general have faced considerable challenges since the financial crisis. But smaller managers are an important source of innovation and fresh ideas. Even today’s giants of the industry started out small. Source

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Link to This Resource: Smaller Managers Group

http://richard-wilson.blogspot.com/2011/07/smaller-managers-group.html

Biggest Hedge Fund in the World

Biggest Hedge Fund in the World

Inside the Biggest Hedge Fund in the World

Ray Dalio has made Bridgewater the largest hedge funds in the world. This week, the New Yorker has done an extensive profile of Mr. Dalio and his fund, Bridgewater Associates. The title of the piece is Mastering the Machine How Ray Dalio built the world’s richest and strangest hedge fund.  The article sheds some light on how the world's biggest hedge fund is run and about Ray Dalio's management style. 
Ray Dalio, the sixty-one-year-old founder of Bridgewater Associates, the world’s biggest hedge fund, is tall and somewhat gaunt, with an expressive, lined face, gray-blue eyes, and longish gray hair that he parts on the left side. When I met him earlier this year at his office, on the outskirts of Westport, Connecticut, he was wearing an open-necked blue shirt, gray corduroy pants, and black leather boots. He looked a bit like an aging member of a British progressive-rock group. After a few pleasantries, he grabbed a thick briefing book and shepherded me into a large conference room, where his firm was holding what he described as its weekly “What’s going on in the world?” meeting.

Of the fifty or so people present, most were clean-cut men in their twenties or thirties. Dalio sat down near the front of the room. A colleague began describing how the European Central Bank had just bought some Greek bonds from investors at a discount to their face value—a move that the speaker described as a possible precursor to an over-all restructuring of Greece’s vast debts. Dalio interrupted him. He said, “Here’s where you are being imprecise..." Read more

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Japan Pensions Hedge Funds

Japan Pensions Hedge Funds

Japan Pensions Looking to Triple Allocations to Hedge Funds

Japan pension funds are increasingly looking to invest with hedge funds, according to Credit Suisse.  Japanese corporate pension funds hold roughly $760 billion and are reportedly looking to triple their allocations to hedge funds.  Over the next couple years, Japan's pension funds may boost their allocations to hedge funds to more than 10% compared to the typical 2-3% held in alternative investments. 

Typically, 2 to 5 percent of pension fund assets are in alternative investments including hedge funds, private equity and real estate, and this may grow to about 10 to 15 percent over the next two years, said Benjamin Happ, Hong Kong-based Asia-Pacific head of capital services in Credit Suisse’s prime services division.
“What’s interesting to us right now is how important the institutional investors in Japan are for hedge funds,” said Happ in an interview in Tokyo, where the bank held a conference for Japanese institutions and global hedge-fund managers. “The investor-base in Japan today is the largest and most important group of hedge funds investors in all of Asia and we prioritize it accordingly.”
Credit Suisse, Switzerland’s second-largest bank, has been running a capital introduction business in Japan for over seven years where they help hedge funds set up offices and introduce them to potential investors.  Source

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BSkyB Hedge Funds

BSkyB Hedge Funds

Hedge Funds Burned by News Corp. BSkyB Bid Collapse

Hedge funds are reportedly losing big off news of the abandoned bid by News Corporation to purchase BSkyB.  Many hedge funds seem to have taken heavy losses because they viewed the company as such a prime target for an acquisition and now that the bid has fallen through they have taken the hit. 
Hedge funds have suffered one of their worst setbacks in years, losing tens of millions of pounds by betting that Rupert Murdoch's News Corporation was on the verge of taking full control of BSkyB.

Short-term speculators expected to make a killing by investing in a company viewed as a prime bid target, but instead have seen shares in the satellite television company plunge.

One trader said: "It's a bloodbath out there. The hedgies have dumped their holdings and some of them will be nursing big losses."

With News Corp bowing to political pressure by abandoning its plan to take full control of BSkyB, more selling is possible in the days ahead. Brokers estimate another 100m BSkyB shares are in the hands of "arbs", funds that specialise in opportunities presented by mergers and acquisitions.  Source

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Hedge Fund Startup Services

Hedge Fund Startup Services

Guide to Reviewing Hedge Fund Startup Services

I recently contributed an article to Investopedia titled, "A Guide to Hedge Fund Startup Services."  This guide is based on my experience working with hedge fund startups and provides you with practical tips for reviewing hedge fund startup services.

I cover several important areas for hedge fund startups including: constructing a board of advisors, fund formation services, third party marketers, compliance and regulation advisory, prime brokerage services, fund administration services, annual fund auditing services, training and certifications, and, finally, associations and networking groups.  If you would like to read more about how to start a hedge fund please visit StartAHedgeFundNow.com to get your copy of my e-book.
Within this short article we are going to quickly review some options, service providers and processes you can follow while starting up your hedge fund so you will have a better feel for what options are available to you.

Board of Advisors Construction
The common dilemma in the hedge fund industry is that everyone wants you to have a team with deep expertise and experience, often referred to as a high level of "pedigree." The problem is that if you need that great team to raise capital, how are you ever suppose to build that team when you are starting at ground zero with say $2 million in capital or even $200,000 or less in capital? One solution is to build a killer board of advisors.
Your board could include investors in your fund, peers in the industry, friends, or those which you pay hourly or compensate in some other way to act as part of your advisory board. Your board could include investors in your fund, peers in the industry, friends, or those which you pay hourly or compensate in some other way to act as part of your advisory board. While many picky investors will quickly point out that a three-man hedge fund business with a 10-person advisory board is not an institutional quality operation, this is your quickest way of getting great consistent advice for building your hedge fund business without hiring 15 people to your team in your first few years. Read more here.

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Connecticut Hedge Funds Tax

Connecticut Hedge Funds Tax

Hedge Funds Warn They Could Leave State if Taxes Rise

Hedge funds are battling with the Connecticut government over taxes and they have a simple threat: if you raise taxes on us, we will leave the state. There are a high number of hedge funds with offices in the state, and one reason for this is that they enjoy lower taxes than in neighboring New York state.

As you might recall, last year, former Connecticut Governor Jodi Rell tried to woo hedge funds to move to Connecticut in order to avoid a proposed $50 million tax on some hedge fund managers. Now, hedge funds are threatening to leave the Nutmeg State if taxes go up for hedge funds.
As Gov. Dannel P. Malloy reaches out to hedge funds as part of a campaign to boost Connecticut jobs, the industry has a blunt message: We are a lucrative part of the state's economy and we can move if taxes rise too high.

Connecticut's southwestern "Gold Coast" has one of the world's largest concentrations of hedge funds, private partnerships that typically are open to a limited number of investors and require a large initial minimum investment. Connecticut is home to about 200 hedge funds.

Malloy is planning a meeting with industry representatives in recognition of their importance to the business sector in lower Fairfield County, spokeswoman Colleen Flanagan said Friday. She said the governor is reaching out to a range of businesses to see what government can do to help boost job creation. Source

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Hedge Funds Cut Bets

Hedge Funds Cut Bets

Hedge Funds Cutting Bets After a Tumultuous June

Hedge funds have slashed bets after a very rough trading month in June. Many managers suffered stiff losses last month largely because the market has been so shaky from the high price of oil and especially the Greek debt crisis. Now, it appears that many hedge funds are backing off somewhat risky bets until the market settles down, and with the American economy depending on a debt deal that would prevent default if passed before the beginning of August it's uncertain that July will be any calmer than June.
Hedge funds found few bets -- calling market direction or trying to buy cheap stocks and go short on expensive ones -- worked in a month dominated by worries over Greece's attempts to push through austerity measures needed to secure a bailout.
"It's not been a good month," said one prime broker who asked not to be named. "Some strategies that were a bit crowded -- long commodities, long gold, short dollar -- didn't perform well."
Hedge funds lost 1.6 percent in June, according to Hedge Fund Research's HFRX index, lagging the FTSE 100's 0.7 percent fall.
After losses of 1.2 percent in May, according to the broader HFRI index, it takes losses this year to 2.1 percent, with big names such as Paulson and Moore Capital in negative territory.  Source

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Exclusive Hedge Fund Training Program Opens Today to 200 Additional Participants

CHP Program Opens to 200 Additional Participants

Today our hedge fund training and certification program is opening for Fall 2011 registration and during this training session we are opening up space for 200 new participants in the program.

The name of the program is the Certified Hedge Fund Professional (CHP), and it is a two-part training program that can be completed online from anywhere in the world.

Register Now: If you already know that you would like to register you may do so starting at 2PM EST today Thursday, July 7th, 2011:  http://hedgefundcertification.com/Enrollment.html 

Here are some links where you can learn exactly how the program works, how much tuition costs, how long it takes to complete, and how to join today while space is still available:
  1. Learn why over 1,000 others have joined the program by reviewing our list of the Top 10 Benefits of completing the CHP designation program. 
  2. Get the full overview of the CHP program, understand how this two-level program works and how you can customize your training experience to make it as valuable as possible for your own business or career goals in the hedge fund industry.
  3. Read over 220 testimonials and quotes from current and past CHP program members, including many who are traders, analysts, and principals at leading hedge funds.
  4. Learn more about our hedge fund career coaching and resume feedback service.  We provide this for free to all CHP designation and alumni to help them get the most out of their hedge fund training.
  5. Read about our hedge fund internship program that is offered to program participants to help them get their foot in the door in this competitive industry.
  6. Looking to start a hedge fund or improve your credibility as you grow your emerging hedge fund business? We have dozens of hedge fund startups and traders who are about to launch that join our program every year.  Check out this page on hedge fund startup benefits and the CHP designation for more information on this.
  7. Looking at hedge fund job listings and required qualifications? Our team does not offer recruiting services but we do offer a full line of hedge fund job placement services, these are free to all CHP designation members.
Register Now: If you would like to reserve one of the limited 200 spots in the program for yourself or your team please register here starting today Thursday July 7th, 2011 at 2PM EST: http://HedgeFundCertification.com/Enrollment.html

If you have any questions about the CHP program please reach out to our team via the Click to Chat button on HedgeFundCertification.com, or by emailing us at  Team@HedgeFundCertification.com or calling (212) 729-5067 during West Coast business hours.

Take care, and I hope to see you in the CHP program shortly!
 




Richard Wilson
Founder & CEO
Hedge Fund Group (HFG)
http://HedgeFundCertification.com

The #1 hedge fund training and certification program, offering more video modules, hedge fund job placement service, and career coaching than anyone else.

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Tags: hedge fund job training, hedge fund career training, training for a hedge fund career, CHP designation training overview, review of the CHP designation parts, Level 1 and Level 2 of the CHP designation

Link to This Resource: Exclusive Hedge Fund Training Program Opens Today to 200 Additional Participants

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How can I earn the Certified Hedge Fund Professional (CHP) Designation?

Certified Hedge Fund Professional (CHP)

Tomorrow, on Thursday July 7th, 2011, the Certified Hedge Fund Professional (CHP) program will open again to 200 new participants. 

We always get flooded with questions about the process you have to follow in order to earn the CHP designation, so here is an overview of how the program works:
  1. First, you must register for the program. It costs $975 for both CHP Level 1 and Level 2 if you pay for them both together.  The option is to pay for them at separate times which results in the cost being $775 for CHP Level 1 and $675 for CHP Level 2.  As you can see, you save around $500 by registering for both levels at once so that is what more than 90% of our participants choose.
  2. After registering you will automatically be emailed a receipt for your tuition payment that you can use for tax evidence, employer reimbursement, or just your own record keeping. 
  3. Our team will then contact you with a welcome email within one business day, and we will send you a welcome folder in the mail within 10-14 days of your registration, depending on what country you are based in.
  4. The rest of the hedge fund training program is self-paced and 100% online.  You may study 2 hours a week or 20 hours a week, using our study guide, the recommended readings, our practice test, and our exclusive hedge fund video training platform.  
  5. The examination is offered twice a year on June 15th and December 1st so you just need to let us know when you are going to take your examination and we will adjust the roster to reflect that testing date for you.  You must score an 80% or higher on this multiple choice and essay test which is offered online through a secure testing website used by hundreds of colleges and universities for online examinations.  
  6. After you complete CHP Level 1 & Level 2 we will send you a certificate in the mail for free to wherever you are based in the world. Over 50% of our participants are from outside of the United States with a growing number in Asia, Africa, and the Middle East.
Over 1,200 professionals have joined this hedge fund training and certification program to date. The full history of the program as well as the program details are available on our website at HedgeFundCertification.com.






p.s. I hope you do at least check out HedgeFundCertification.com, if you have been watching us grow over the years you will note that every time we open for registration we have added new video modules, more study aides, a better study guide, or additional hedge fund job placement services.  We will not stop improving the program and we appreciate all of the feedback that we have gotten to date from the community. 

Related to: Hedge Fund Update

Tags: Certified Hedge Fund Professional (CHP) designation, Certified Hedge Fund Professional (CHP) Program

Link to This Resource: How can I earn the Certified Hedge Fund Professional (CHP) Designation?

http://richard-wilson.blogspot.com/2011/07/how-can-i-earn-certified-hedge-fund.html

Hedge Fund Pension Funds Video

Hedge Fund Pension Funds Video

McCabe: Pensions Increasingly Allocating to Hedge Funds

Pension funds are flocking to hedge funds to improve upon meager gains in other investments and to make up for past losses.  Carrie McCabe, founder and chief executive officer of Lasair Capital LLC, talks about this trend in this video from the Washington Post.  She also says that hedge funds have had a big hand in the uptick in mergers and acquisitions and initial public offerings.  If you are reading this via e-mail or RSS, please click here.




Related to: Hedge Fund Pension Funds Video

Tags: Hedge Fund Pension Funds Video, Hedge Fund Pension Funds, Hedge Fund Pensions, Carrie McCabe

Link to This Resource: Hedge Fund Pension Funds Video

http://richard-wilson.blogspot.com/2011/07/hedge-fund-pension-funds-video.html

Free 90 Minute Hedge Fund Career Webinar

Free 90 Minute Hedge Fund Career Webinar


I recently recorded a 90 minute webinar on hedge fund career strategies for a group of professionals looking to possibly join the Certified Hedge Fund Professional (CHP) program and we have now released this webinar to the public making it free to watch here on our website: http://hedgefundcertification.com/Free-Webinar.html

This webinar will provide you with strategies on how to make more money in the industry, examples of how I and others got into the industry, how much money you can expect to make while working in the alternative investment space, and the formula that I have used to succeed in this industry.

By the way, I just finished up a trip to Europe (picture to the left was taken in Monaco) where I was speaking at a hedge fund conference, and while I was there I recorded 10 more video modules for the CHP Designation program.  If you are a member of HedgeFundPremium, then you can login and check them out as they get posted this week.

I hope you get a ton of value out of this free webinar,  take care.





Related to: Hedge Fund Update
Tags: hedge fund career webinar, webinar on hedge fund career strategies, how to have a successful hedge fund career

Link to This Resource: Free 90 Minute Hedge Fund Career Webinar

http://richard-wilson.blogspot.com/2011/07/free-90-minute-hedge-fund-career.html

Hedge Fund Seeding Funds

Hedge Fund Seeding Funds

Tough Competition for Hedge Fund Seeding Funds' Capital

Hedge fund startups are in heated competition for the select group of hedge fund seeding funds. Hedge fund seeding funds provide the capital needed to launch a hedge fund and there are a high number of traders and managers looking to open their own hedge fund. DealBook has a great story on hedge fund seeding funds and how would-be start-ups compete for the startup capital.
He oversees a seeding fund at PineBridge Investments, which means he provides cash for hedge fund start-ups whose managers harbor dreams of becoming the next Steven A. Cohen or John A. Paulson.

While seeding funds have been around for the better part of two decades, they are staging a recovery as more prospective fund managers spill into the market but struggle to attract investors.

Executives at seeding funds say it has never been easier to find talented hedge fund managers eager for cash.

“This is probably the best environment I’ve seen since I started in the business back in 1988,” said Mark Jurish of Larch Lane Advisors, which is PineBridge’s seeding partner.
DESCRIPTIONChester Higgins Jr./The New York Times Robert T. Discolo, right, of PineBridge Investments, with Mark Jurish of Larch Lane Advisors. Together, the two firms are now creating a $1 billion seeding vehicle.

The hard part, however, is finding great investment strategies and backing funds that will not wilt and die. Source

Related to: Hedge Fund Seeding Funds

Tags: Hedge Fund Seeding Funds, Hedge Fund Seeding fund, Hedge Fund Seeding Funds capital, Hedge Fund Seeding Funds assets, Hedge Fund Seeding Funds fundraising, Hedge Fund Seeding Funds startup, Hedge Fund Seeding Funds start-up, Hedge Fund Seeding Funds launch

Link to This Resource: Hedge Fund Seeding Funds

http://richard-wilson.blogspot.com/2011/07/hedge-fund-seeding-funds.html

The #1 Highest Rated Book on Investing: "The Hedge Fund Book: A Training Manual for Professionals Capital Raising Executives"

The #1 Rated Book on Investing!


Just getting back in the office here from a trip to Europe where I served as opening day chairman for the GAIM International 2011 conference and spoke on the topic of "$100,000 Hedge Fund Marketing Mistakes"  

The GAIM conference was held in Monaco where many family offices are based, the F1 race is held, and where cabbies drive around $100,000 Mercedes AMG coupes (picture on the left was taken in a cab on my way to the conference)

The conference was great, I met several CHP designation participants, family offices, and $1B+ hedge fund managers.  It was fun to be able to meet and welcome to the stage Nassim Nicholas Taleb who wrote "The Black Swan."

The #1 Investing Book Rating Title: While traveling Wiley contacted me yesterday to congratulate me on the success of the sales of my hardcover book that I wrote last year on capital raising and hedge fund management.  While checking on my sales data in the Kindle Store for the book I saw that it is now the #1 Most Highly Rated Investing Book on Amazon.com.

Thank you for your support in reading my blog and book!  I feel very fortunate and grateful for all of your support and comments over the past few years.  If you have purchased my book please look for the coupon section at the back of the book, this is how you can save money if you are looking at attending our live workshops or using our capital raising resources or training videos. 

Kindle Release: For you iPad addicts, my book is now available in Kindle edition as well as hardcover and it can be picked up here:





Related to: Hedge Fund Update

Tags: GAIM International, GAIM Monaco, GAIM Monaco Event, GAIM Monaco Conference, GAIM Speakers, Investors at GAIM International

Link to This Resource: The #1 Highest Rated Book on Investing: "The Hedge Fund Book: A Training Manual for Professionals Capital Raising Executives"

http://richard-wilson.blogspot.com/2011/07/1-highest-rated-book-on-investing-hedge.html

Libyan Investment Authority

Libyan Investment Authority

Libyan Investment Authority Sought to Trim Hedge Funds

The Libyan Investment Authority, the sovereign wealth fund for the country that is currently in civil war and under frequent NATO airstrikes, has cut its hedge fund holdings. According to a document disseminated by a human rights group, the $64 billion sovereign wealth fund sought to reduce its hedge fund holdings after weak returns and high fees. The Libyan Investment Authority had invested $4.5 billion in alternative investments but has since cut that number after a number of bets did not pan out.
The Libyan Investment Authority, or LIA, invested $4.5 billion in so-called alternative assets, according to an LIA “Management Information Report” dated Sept. 30. KPMG LLP, which was advising the fund, recommended reducing the holdings by $2.4 billion amid high fees and sluggish performance, the document shows.
The world’s 11th-biggest sovereign wealth fund turned to financial firms from Goldman Sachs Group Inc. (GS), the fifth-biggest U.S. bank by assets, to HSBC Holdings Plc, Europe’s largest bank, to achieve its goal of 8 percent annual returns. The bets didn’t always work out, raising concern among the fund’s managers that capital would be eroded, the LIA document shows.
“By liquidating the funds we can guarantee capital preservation and ensure reduction in expenses,” the 42-page document said.
Libya established the investment authority to find outlets for its rapidly growing oil wealth. The fund never disclosed detailed information about its holdings or returns.  Source

Related to: Libyan Investment Authority

Tags: Libyan Investment Authority, Libyan Investment Authority hedge funds, Libyan Investment Authority investments, Libyan Investment Authority sovereign wealth fund, Libyan Investment Authority Libya, Libyan Investment Authority assets under management, Libyan Investment Authority AUM

Link to This Resource: Libyan Investment Authority

http://richard-wilson.blogspot.com/2011/07/libyan-investment-authority.html
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