
	Where results make sense

Topic: Quantum Fund

Related Topics

Soros Fund Management

Hedge fund

George Soros

Short selling

Black Wednesday

Pound sterling

Asian financial crisis

September 16

Five economic tests

In the News (Tue 15 Dec 09)

Northern Trust

Marvin Harrison

Peter Chernin

Gary Locke

Match Play

Penelope Cruz

Mickey Rourke

AR Rahman

Danny Boyle

Hugh Jackman

	Fraternity Fund Management Limited \| Soros Hedge Funds Quantum Offshore Investment
		Fraternity Fund is a fund of hedge funds, which invests; in a variety of diversified hedge funds that are managed by world class Alternative Investment Managers including George Soros.
		The Fraternity Fund is a "fund of fund" of hedge funds.
		Fraternity Fund was not only early in the fund of hedge fund business but Fraternity Fund was one of the first if not the first fund of hedge funds to allow the small investors to invest in hedge funds.
	www.fraternityfund.com (1031 words)

	Soros' Quantum Fund renamed to reflect lower-risk strategy - Apr. 28, 2000
		In October 1998, Soros was forced to close the $1.5 billion Quantum Emerging Growth Fund after it lost nearly a third of its value amid a plunge in value of the ruble.
		Quantum was able to recoup some of the Russia losses and earned 35 percent in 1999 thanks to its switch into technology, while Quota, with $1.3 billion in assets, earned 19 percent.
		Soros told investors he would rename Quantum Endowment Fund and "engage in a variety of less volatile macro and arbitrage strategies, with a smaller portion of the assets devoted to stock picking on the long and short side." He was unavailable for comment to elaborate on those plans.
	money.cnn.com /2000/04/28/mutualfunds/soros (1126 words)

	Forbes.com - Magazine Article (Site not responding. Last check: 2007-10-09)
		Such swings of fortune are not uncommon in the world of hedge funds, a catchall term for a broad spectrum of private investments that rely on leverage to maximize performance.
		Indeed, the mutual fund industry has been losing fund managers to the hedge fund industry at a steady clip, and new hedge funds are opening to investors all the time.
		The closed-end Quantum Fund was trading at a slight discount in London today, where the news of Druckenmiller's resignation broke in midafternoon.
	www.forbes.com /2000/04/28/mu7_print.html (889 words)

	AEI - Short Publications
		During bad years, mutual funds that lost money would report to investors that, although the fund was down by 5 percent for the year, the benchmark or the average return for that category of fund was down by 8 percent, thereby hoping to offer the investor some consolation.
		The label “hedge fund” continues to be a magnet for investable funds with investors behaving in a remarkably naïve fashion with regard to the prospects of new funds or existing funds for actual success.
		If the fund of funds then charges a fee of 3 or 4 percent, the investor is left with returns in the 8 to 9 percent range during a good year, pretty close to the average long-run return for equity mutual funds.
	www.aei.org /publications/filter.all,pubID.24395/pub_detail.asp (4991 words)

	Fraternity Fund (Site not responding. Last check: 2007-10-09)
		The management of the fund believes that institutional investors as well as smaller "sophisticated" investors should be able to easily invest in a broad portfolio of funds advised by George Soros,one of the world's most successful investors.
		The Fund provides investors the opportunity to participate in a single entity that consists of a diversified portfolio of hedge funds using various strategies including the Quantum Group of Funds.
		One of the main criteria in the selection of fund managers is that they should have a significant portion of their wealth invested in the fund manage.
	www.progs4wealth.com /funds/fraternity/fratfund.htm (517 words)

	On Wall Street - A SourceMedia and Investcorp publication (Site not responding. Last check: 2007-10-09)
		At least in the case of the fund managers, the culprits were technology and telecommunications.
		Quantum Fund had $10 billion in assets and was the world's biggest hedge fund at the end of 1999.
		Quantum Fund's name was changed to Quantum Endowment Fund, and indications were that Soros would be using it primarily for his philanthropic activities.
	www.onwallstreet.com /article.cfm?articleId=1045 (295 words)

	Hedge Fund Consistency Index, Hedge Funds Research
		For example, the decision by George Soros’s Quantum Fund to sell sterling short in the fall of 1992 is widely believed to have brought significant pressure on the currency and to have hastened its departure from the ERM...
		The average hedge fund returns are related positively to incentive fees, the size of the fund, and the lockup period.
		In a fund of funds or similar structure, fees are generally charged at the fund as well as the sub-fund levels; therefore fees charged investors will be higher that those charged if the investor invested directly in the sub-fund(s).
	www.hedgefund-index.com /s_rsquared.asp (1931 words)

	[No title]
		As a result, the Quantum Fund returned 49% (pre-fee) in 1995 on net assets of $3.7 billion resulting in an estimated total compensation of $393 million for that year, most of which was due to the incentive terms.
		While their prevalence in the hedge fund industry might be an accident of history, the high water mark compensation contract may have features particularly suited to the types of investment strategies employed by hedge funds.
		While hedge fund performance over the past seven years has been strong on a risk-adjusted basis, this performance may be in part due to the relatively small size of the hedge fund sector.
	viking.som.yale.edu /will/hedge/highwater/hwm.html (5710 words)

	India's TOP 5 mutual funds
		Yes, Quantum seeks to set an example of how mutual funds should be approached, but this means that it will take it several years before it can accomplish its mission.
		It does not mean that fund managers have run out of ideas, but there are some structural changes like better corporate disclosures and the increasing number of informed and professional investors in the market.
		The fund is now one year old, and has passed its first test with flying colours, with returns of 78.9 per cent.
	inhome.rediff.com /money/2006/may/04perfin.htm (1630 words)

	Hedge Funds
		Otherwise, hedge funds are a diverse grouping of independent asset managers pursuing a variety of investment strategies, usually with minimal disclosure to investors and regulators, and most operating in a niche where they feel they understand the 'rules of the game' better than anyone else.
		Indeed, hedge funds offer potentially high returns for the lucky few but considerable dangers when their heavy borrowing can damage a whole financial system, and their trading strategies can destabilize whole countries and markets that are not equipped to cope with mass selling of their currencies and equity markets.
		Hedge funds and their appetite for risk continue to appeal to investors, perhaps reflecting the late stages of a bull market, where attitudes to risk shift in two complementary ways: the future appears less risky; and, at the same time, investors' appetite for risk rises.
	www.deanlebaron.com /book/ultimate/chapters/hedge.html (1912 words)

	Quantum Core Fund - News
		The fund will invest in any asset class on a balanced or overweight basis, depending on market and asset volatility and relative asset attractiveness at any given time.
		The fund managers remained cautious about global market conditions and, therefore, gave mild exposure to the gold sector at times, while sticking mainly to cash.
		The Fund has reduced its exposure to the platinum sector and increased the exposure to the gold sector in expectation of a stronger gold price.
	www.profile.co.za /UDT/DATA/0028/0755/News.html (1867 words)

	Rediff On The NeT: Fund Pick: Zurich India Quantum Growth Fund
		The fund is due for redemption on January 31, 2000 when it is likely to be converted into an open-end fund.
		The fund started gaining ground from the last quarter of 1998 and with the market surge, in calendar 1999 the fund is up 69% year to date ranking #5 out of 20 closed-end funds.
		The fund trades infrequently and the last traded price on October 1 was Rs 12.30 against its NAV of Rs 15.
	www.rediff.com /money/1999/oct/15mfile.htm (345 words)

	BBC News \| THE ECONOMY \| The man who broke the Bank of England (Site not responding. Last check: 2007-10-09)
		Mr Soros, who operates one of the world's biggest private investment funds, is famous for having made $1bn by betting on the devaluation of the pound sterling in 1992.
		Even the Quantum Fund, which has turned an investment of $1000 in 1969 into $3m today, is not infallible.
		In September, another hedge fund, Long Term Capital Management, had to be rescued by the world's major banks for $3bn - at the behest of the US Federal Reserve - because of the risk to the whole world's financial system if that fund were to fail.
	news.bbc.co.uk /1/hi/business/the_economy/229012.stm (801 words)

	Tepper School of Business :: Soros Addresses "Problems of Globalization"
		Today he is president and chairman of Soros Fund Management LLC, a private investment management firm that serves as principal advisor to the Quantum Group of Funds, a series of international investment vehicles.
		In July 2000, Soros merged his flagship Quantum Fund with the Quantum Emerging Growth Fund to form the Quantum Endowment Fund.
		The Quantum Fund is generally recognized as the most successful investment fund ever, returning an average 31 percent annually throughout its 32-year history.
	business.tepper.cmu.edu /default.aspx?id=142278 (430 words)

	\|\| Quantum Corporate Funding, LTD \|\|
		Quantum advanced Floor Concepts about 60 cents on the dollar up front, and took over responsibility for collecting from the customers.
		Quantum gets its money back as the customers pay what they owe, and keeps a further 3 percent, called a discount, for its profit; after that, Floor Concepts gets the balance.
		Quantum's bank, Sterling National, a unit of Sterling Bancorp, also sends clients Quantum's way, said Michael N. Gallina, a senior vice president for corporate lending at Sterling.
	www.quantumfunding.com /ntimes.html (943 words)

	The 1994 Bargain Rush for Commercial Real Estate Is On
		Each fund is run as a joint venture with a local property company: The Quantum Realty Fund with Reichmann International, the new venture of Paul Reichmann, former head of the failed real estate giant Olympia and York Developments Ltd., and the Quantum U.K. Realty with British Land PLC, headed by John Ritblat.
		The fund has climbed 36.1 percent in pound terms in the first three months of this year, and such growth ought to continue, said Mike Grimble, a Norwich Union investment strategist.
		He added that the fund's managers were faced with such a wave of selling that they had been forced to take that step.
	www.iht.com /articles/1994/04/23/mrcom.php (1128 words)

	A Maturing Hedge-Fund Industry Courts Private Investors
		Although U.S. regulations meant that hedge funds had to attract rich individuals with a salary of over dollars 200,000 or a total net worth of dollars 1 million, many of the funds have started offshore products, which are available to the medium and small private investor.
		Hedge funds are funds that use leverage or take short positions in stocks and where the manager is paid by results.
		Unlike mutual funds, the hedge funds can take large short positions to hedge their exposure — hence the name — and can cushion the investor against a market fall.
	www.iht.com /articles/1996/01/13/viet.t_1.php (905 words)

	George Soros the evil Dracula
		When George Soros, and the Quantum Fund which he manages, bet against the pound in 1992, the operations of his fund and the Bank of England could best be described as a high-stake poker game.
		Much attention is given to George Soros because the Quantum Fund is one of the largest and most publicized hedge funds; but in fact, there are many more operators of large funds in the foreign exchange market.
		The Quantum Fund does not trade in US securities and residents of the US cannot invest directly in the Quantum Fund.
	www.arguewitheveryone.com /showthread.php?t=356 (1678 words)

	Greene County IDA
		Of the 64 loans in portfolio, 41 are Quantum Fund loans; 14 are MAP loans, 5 are MEL, and 4 are direct loans.
		The MAP loans were established as a result of federal funding received by the County in 1998.
		Quantum Fund and micro loans are available for up to 50% of the borrowing needed for a business expansion.
	www.greeneida.com /resources.htm (1479 words)

	Tackling global capitalism
		As head of Soros Fund Management, which also manages Quantum Funds, Soros admitted to having played a role in the baht turmoil.
		By selling the two currencies short, the Quantum Fund promised to deliver the baht and the ringgit back for the dollar according to the maturities.
		But it was not the Quantum Fund alone that was raiding Southeast Asian currencies.
	members.tripod.com /thanong/012920012.htm (1035 words)

	Strategy for Quantum Investment Fund
		Quantum Fund can achieve better long-term profitability in a free market environment, where profits are determined by market forces rather than arbitrary non-transparent regulatory decisions.
		Quantum Fund is convinced that reforms will result in higher profits, and will increase the value of Quantum’s shares in Svyazinvest.
		Quantum Fund’s manager, George Soros, is committed to both privatization and liberalization in spreading free market reforms in emerging markets.
	www.commercialdiplomacy.org /ma_projects/vladimir_gololobov.htm (2841 words)

	TheStreet.com: Soros' Quantum Fund Is 90% in Cash
		The anticipated withdrawals would leave Soros with $11.2 billion, of which $8.5 billion is in the Quantum Fund.
		The 90/10 ratio means that Quantum has about $7.7 billion in cash -- an amount far in excess of anything needed to meet redemptions.
		A source suggests that it's is almost as if Soros, who has not been directly running Quantum for more than 12 years, suddenly looked at the SFM portfolios and freaked.
	www.thestreet.com /markets/marketfeatures/939519.html (620 words)

	Incorporation, Incorporation Services, Company Incorporation
		The new fund, which Soros has dubbed 'a structure that will last beyond my lifetime', will seek lower returns and will be run in part by outside money managers, although it has emerged that Soros' son Robert will take a more active role in his father's investment empire.
		Quantum Endowment will employ less leverage than previous funds - about 33% of equity, compared to about 100% previously, according to George Soros.
		The new fund will continue to make macro investments, which are leveraged bets in markets such as currencies and interest rates, but will scale down to a size that allows it to operate more efficiently.
	www.companiesinc.com /cinewsletter/may2000/story477.asp (367 words)

	A Brief History Of The Hedge Fund
		When a 1966 article in Fortune magazine highlighted an obscure investment that outperformed every mutual fund on the market by double-digit figures over the past year and by high double-digits over the last five years, the hedge fund industry was born.
		With a high-flying hedge fund once again capturing the public's attention with its stellar performance, investors flocked to an industry that now offered thousands of funds and an ever-increasing array of exotic strategies, including currency trading and derivatives such as futures and options.
		The development of the "fund of funds", which is simplistically defined as a mutual fund that invests in multiple hedge funds, provided greater diversification for investors' portfolios and reduced the minimum investment requirement to as low as $25,000.
	www.investopedia.com /articles/mutualfund/05/HedgeFundHist.asp (991 words)

	Quantum Information Processing Jobs
		This research-only appointment is funded by DEST (contributing to our participation in an EC FP6 research project "Qubit Applications" http://www.qubitapplications.com), and the ARC funded Centre for Quantum Computer Technology and may be undertaken full-time, or for various shorter term periods (e.g., six months) within a two year period.
		The projects are based in the Quantum Technology Lab at the University of Queensland and seek to construct scaleable quantum gates via measurement and to investigate implementations of quantum control in discrete quantum systems.
		Quantum information is a Canadian priority research area and our groups are well funded at national, provincial and university levels.
	almaak.usc.edu /~tbrun/QIPJobs (3516 words)

	CNN.com - Hedge-fund manager George Soros seeks new CIO - Jun. 11, 2001
		Soros has been actively involved in managing the group's funds since his former second-in-command, Stanley Druckenmiller, quit the helm of the Quantum fund last year.
		Soros' funds were wildly successful for many years in part because of the "macro" plays cooked up by Soros and Druckenmiller.
		But the Quantum fund's value dropped 22 percent in the Spring of 2000, and other Soros funds suffered similar fates.
	cnnstudentnews.cnn.com /2001/BUSINESS/06/11/soros (340 words)

	BBC News \| BUSINESS \| Soros scales back
		The Quantum Fund yielded average annual returns in excess of 30% during its 31-year history, making Mr Soros and Mr Druckenmiller among the most revered financial gurus.
		The Hungarian-born Mr Soros became famous when his fund "bet" millions that the UK would be forced to devalue the pound in 1992.
		Mr Robertson said his decision to close his funds was driven by his view that financial markets were now irrational, driven by emotion rather than sober assessments of value.
	news.bbc.co.uk /1/hi/business/730324.stm (407 words)

	Soros Fund Management - Wikipedia, the free encyclopedia
		Soros Fund Management LLC, founded by George Soros, is a privately held corporation providing financial services and investment strategies for various funds including some controversial hedge funds such as the Quantum Group of Funds.
		Soros responds to these charges by saying that his funds merely take advantage of known weaknesses in the international financial system.
		In the week leading up to September 16, 1992 (the "Black Wednesday"), Quantum Funds made $1 billion by shorting British pounds and buying German marks.
	en.wikipedia.org /wiki/Quantum_Fund (266 words)

Try your search on: Qwika (all wikis)