Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Hedged Mutual Funds, Scandinavian Hedge Funds

Alpha Capitals Brad Alford Launches Hedged Mutual Funds (II Magazine)
Can a collection of mutual funds deliver the same or better performance than hedge funds and with much less risk? Alpha Capital Management’s Brad Alford seems to think so. He recently launched two of what he calls hedged mutual funds — which are really funds of mutual funds — that he asserts provide access to hedge fund like strategies with the fee structure, daily liquidity, and regulatory requirements of mutual funds.

Scandinavia’s Brummer Closes Its Asian Hedge Fund on Poor Returns (Bloomberg)
Brummer & Partners, the largest Scandinavian hedge fund, closed its Asia-focused equity fund and the firm managing it after its performance damped returns, according to the Stockholm-based company’s annual report. The Karakoram fund, which bet on rising and falling stock prices in Asia outside Japan, lost 15.4 percent last year, the worst performer in a global portfolio of the firm’s hedge funds, the annual report published on Feb. 15 shows. The fund, which started trading in July 2009, had assets of $234 million as of Dec. 31, according to the report seen by Bloomberg News.


Plenum Investment Hedge Fund Adviser Henrik Wennberg Resigns (Bloomberg)
Henrik Wennberg, who co-founded two Nordic electricity hedge funds at Plenum Investments Ltd., has resigned from the Zurich-based money manager, Plenum Chief Executive Officer Rainer Gruenig said today by e-mail. … The Plenum Power Surge fund gained 24 percent in 2010, according to data on Bloomberg and is managed by Jukka Virtala and Mathias Wennberg, Henrik Wennberg’s brother.

Jiau, Accused Of Passing Tips To Hedge Funds, Pleads Not Guilty (FinAlternatives)
Winifred Jiau, the former expert-network consultant and one of a dozen people charged in the U.S. Justice Department’s massive insider-trading investigation, has pleaded not guilty. Jiau, the seventh person arrested in the case, is charged with conspiracy and securities fraud and faces more than 20 years in prison if convicted. She is accused of passing confidential information about at least two companies to two hedge fund employees. One of those men, Noah Freeman, a former portfolio manager at SAC Capital Advisors, Sonar Capital Management and Brookside Capital, has already pleaded guilty in the case and is cooperating with prosecutors.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.