Buoyed by a strong equity‐market rally, hedge funds performed well during the past quarter. The HFRX Global Hedge Fund Index was up 11% year-to-date and optimism returned to an industry fundamentally altered by the economic crisis that forced investors to the sidelines and fund managers to reevaluate their risk controls during 2008. In short, fund managers and investors alike gained some confidence during the third quarter as both looked to capitalize on a market rebound through strategic investments. Please find a full report below from Brighton House Associates.
Brighton House Associates Q3 Research Report
Gabriel KurlandBy Gabriel Kurland: On November 12, 2009, the U.K.’s Serious Fraud Office (“SFO”), an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority. More...
Ireland has launched the EUR 26 million ($40 million) Bank of Ireland Seed and Early Stage Equity Fund to invest in startup and early stage companies. More...