Monthly Archives: June 2010

Reuters – Man Group’s $1.6 billion (1.1 billion pound) takeover of GLG is likely to signal the start of a wave of mergers in a fragmented hedge fund industry still struggling to rebuild asset levels after the crisis, executives said. […]

Thw Washington Post – Beginning in the late 1980s, traditional banks began complaining that they were losing market share and profits and all their best people to investment banks, which had cleverly constructed an alternative, or “shadow,” banking system that […]

CNN – Senate Democrats failed Thursday to overcome a Republican filibuster of a bill to extend unemployment benefits and prevent Medicare doctors from having their reimbursements cut. All Republicans opposed ending debate on the wide-ranging bill, forcing further negotiations on […]

Reuters – Britain’s 30 billion pound ($44.47 billion) universities pension fund, USS, has begun investing in short-term, computer-driven hedge funds in an effort to achieve growth in turbulent markets, its head of alternative investments said. “We’ve accelerated our short-term CTA […]

Pensions & Investments Asia – Activity in the exchange traded funds market shows no signs of slowing up. It seems like every day there is a new listing being announced by a local promoter, or one of the global issuers […]

MarketWatch – Democratic lawmakers in negotiations to resolve differences in sweeping financial-reform legislation agreed Wednesday to allow ongoing audits of the Federal Reserve’s books, with Senate lawmakers signing on to a broader investigation authority from a House bank bill. As […]

NYT- The Libyan government is pouring hundreds of millions of dollars into a new hedge fund set to open in London this summer, The Independent reported. The investment in FM Capital Partners, which will be based in the city’s Knightsbridge […]

Reuters – Hedge funds receive nearly three-quarters of their capital from institutional investors, according to a survey released on Wednesday that shows how these portfolios are no longer reserved for the rich but are investing nest eggs for teachers, firefighters […]

Fox Business – The nation’s big banks will have to spin off tens of billions of dollars in private equity and hedge fund assets as part of the financial overhaul bill now being debated in Congress, FOX Business has learned. […]

Reuters – Investors clamouring for Europe-based “hedge fund lite” portfolios in the wake of the credit crisis could still be cut off from their cash in a crisis, hedge fund executives have said. Some commentators say these portfolios, designed to […]