Author Archives: Editor
Commodities fund loses $400 mln in oil slide
Reuters – Clive Capital, the world’s largest commodity hedge fund, lost more than $400 million due to the collapse of the price of oil last week, according to the Financial Times on Sunday. The London-based fund, which manages an estimated […]
JSE will monitor hedge fund trading with Momentum tool
BusinessDay – In what the JSE says is a move designed to bring much needed transparency to the unregulated hedge fund industry, it has announced the purchase of Momentum’s Managed Account Platform (MAP). The Competition Commission has approved the acquisition […]
Hedge Fund Launch: UCITS III Helicon Fund
New York (HedgeCo.net) – Heptagon Capital, a $3.6bn specialist asset management business set up in 2005, has launched the Helicon Fund, an internally managed UCITS III structure product. Incorporated in Ireland, the Helicon Fund is listed on the Irish Stock […]
Proposed Actelion board members
Reuters – Actelion, Europe’s largest biotech company, squares up to hedge fund Elliott Advisors at its annual general meeting on Thursday and hopes shareholders will back board candidates it has proposed. New York-based fund Elliott, which is urging Actelion to […]
Maya Fund: A Bodybuilder’s Brainy Hedge Fund
BusinessWeek – Sonia Schulenburg is trying to prove that artificial intelligence can outdo the human kind when it comes to picking stocks. Born and educated in Mexico City, she moved to Edinburgh, where she competed as a bodybuilder while earning […]
Jay Gallagher Joins FletcherBennett To Expand Institutional Hedge Fund Coverage
New York – FletcherBennett Capital LLC announced the hire of James J. (“Jay”) Gallagher, Jr. as a Principal to expand FletcherBennett’s institutional hedge fund investor coverage. FletcherBennett is a consulting firm for the hedge fund industry, specializing in business development […]
Klarman’s Baupost to Set Up in London to Cash In on European Debt Crisis
Bloomberg – Baupost Group LLC, a $24 billion Boston-based hedge fund run by Seth Klarman, will open its first overseas office in London, two people with knowledge of the plans said. Jim Mooney, a managing director at Baupost, will oversee the operation […]
Nat Rothschild tops UK hedge fund rich list
Reuters – Financier Nat Rothschild, scion of one of the world’s most famous banking dynasties, has topped a table of Britain’s wealthiest hedge fund managers after tripling his fortune in 2010, the Sunday Times Rich List shows. The mining and […]
The Q2 2011 Edition of the Asset Management Alternatives Quarterly
Credit Suisse announced the release of the second quarter 2011 edition of the “Asset Management Alternatives Quarterly,” a thought leadership series offering investors authoritative insight on economic trends and capital markets around the world. The Q2 2011 edition features articles […]
Man Announces Two New Board Members: Emmanuel Roman and Matthew Lester
New York – Man Group plc, today announced the appointment of Emmanuel Roman, Chief Operating Officer, as an executive director and Matthew Lester as a non-executive director with immediate effect. Emmanuel Roman joined Man as Chief Operating Officer in October […]
Hedge Funds and the Ping Pong Renaissance
New York (HedgeCo.net) – The emergence of upscale table-tennis clubs is spawning a ping pong renaissance, according to a Bloomberg editorial. Last month, SPiN New York hosted the “Clash Of The Hedge Fund Titans” ping pong tournament, in which hedge […]