Monthly Archives: September 2011
Asia hedge funds net $500 million in August, assets at 32-month high
Economic Times – Asia-focused hedge funds attracted a net inflow of about $500 million in August, increasing their total inflows for 2011 to $7 billion, as investors shrugged off volatile markets and raised bets on the region’s fast growth, new […]
Brevan Howard to Return $2 Billion to Clients of Biggest Fund
Bloomberg – Brevan Howard Asset Management LLP, the hedge fund run by Alan Howard, will return about $2 billion to investors in the firm’s biggest fund, keeping a promise to clients to limit the size of the $26.9 billion pool. […]
Investor confidence in hedge funds holds – data
Reuters – Investors are broadly keeping faith with their allocations to hedge funds, data showed on Wednesday, as global markets brace for more turbulence in a final quarter seen likely to punish those unable to offset risk or exploit opportunity. The […]
High quality global journalism requires investment
Commodities – High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email [email protected] to buy additional rights. The gold market […]
UBS chief executive faces board over alleged rogue trader
Guardian – Oswald Grübel, head of the Swiss bank at the centre of a £1.45bn alleged rogue trading scandal, will ask directors to back him or sack him at a UBS board meeting in Singapore on Wednesday and Thursday. The 67-year-old […]
Hedge Fund People: Tatiana Segal Joins SkyBridge Capital
New York (HedgeCo.net) – $8 billion hedge fund investment firm SkyBridge Capital has hired Tatiana Segal as a managing director and head of risk management. Mrs. Segal was previously a managing director and chief risk officer at Cerberus Capital Management. […]
In Galleon Case, Prison Term Is Seen as Test
DealBook – Federal prosecutors want to send the convicted hedge fund chief Raj Rajaratnam to prison for as long as 24 years, which would be the longest insider trading sentence in history. How a judge rules next week on Mr. […]
Management Shakeup at Soros Hedge Fund
CNBC – Soros Fund Management, the $25 billion hedge fund co-founded by legendary investor George Soros, has named Scott Bessent as its new CIO, according to an investor letter obtained by CNBC. The hedge fund that was co-founded by investor […]
SEC Rule Would Ban Banks and Hedge Funds From Betting on Investor Losses
Death and Taxes – In 2007, as the sub-prime mortage crisis was looming, Goldman Sachs and hedge funder manager John Paulson teamed up to bundle 3,000,000 sub-prime mortgage loans together into a collateralized debt obligation called ABACUS 2007-AC1, and then […]
Hedge fund manager Brevan Howard may return $2bn to clients
CFO World – The hedge fund manager Brevan Howard may return $2 billion (£1.27 billion) to its clients in order to avoid becoming too large, according to reports. Bloomberg, citing sources close to the matter, wrote on Tuesday that investors […]
AdvisorShares Plans Hedge-Fund-Like ETF
Nasdaq -AdvisorShares, the Bethesda, Md.-based firm known for its actively managed ETFs, filed paperwork with U.S. regulators to market it second hedge-fund play with an actively managed fund-of-funds ETF that would take both long and short positions to track long/short […]