Author Archives: Editor
Hedge Funds Increase Bullish Oil Bets Most in Eight Weeks
Bloomberg – Hedge funds increased bullish bets on oil by the most in eight weeks as signs that the global economic recovery is gaining pace stoked speculation demand for crude will rise. The funds and other large investors boosted so-called […]
Oil-focused Asian hedge fund starts trading distillates
BusinessTimes – RedWell Fund SPC, one of Asia’s pioneering oil-focused hedge funds, has its eyes trained on the growing distillates market, as it started trading in Singapore’s Over-The-Counter (OTC) swaps market, its founder said on Thursday last week. The fund, […]
The SEC’s New Hedge Fund Rule: Opening a can of worms, then kicking it down the road
All About Alpha – The SEC’s 2005 attempt to regulate hedge funds using the Advisers Act is now the stuff of hedge fund legend. Still smarting from the LTCM debacle over half a decade earlier, the Commission wanted to require […]
First Shari’ah-compliant movie fund raises $40 million
CPI Financial – The aim of the fund is to produce and film the story of a United Arab Emirates (UAE) hero, Hollywood style. According to the fund’s manager, Jason Marsh, funding for Antar: The Black Knight is expected to […]
Jamie Allsopp to launch Insparo Africa hedge fund
CityWire – Insparo Asset Management is launching an African equity hedge fund for Jamie Allsopp, former manager of the New Star Heart of Africa fund. Allsopp (pictured) was seen as one of the young rising stars of fund management after his Heart […]
Hedge fund giant to open Aust office: report
Business Spectator – A London-based hedge fund that manages $US9 billion ($A9.07 billion) is planning to open a Sydney office as part of a push into the Asia-Pacific, The Financial Times reports. Caxton Associates has already relocated a senior portfolio […]
Disgraced Habo Finans CEO gets 5 years in jail
The Local – Habo Finans’ operations were run through a savings company named Diamanten. Rosendahl told customers that it was a secure savings organisation that would guarantee them a good return. He also claimed that the Financial Supervisory Authority (Finansinspektionen, […]
Brummer Said to Start Asian Event Hedge Fund With Ex-Millennium’s Collison
Bloomberg – Brummer & Partners, the largest Scandinavian hedge fund, plans to start an event-driven fund that seeks to profit from events such as mergers in the Asia- Pacific region, said two people with knowledge of the matter. The Stockholm-based […]
Hedge Funds Win, Economy Loses in Volcker Rule, SkyBridge Says
BusinessWeek – Hedge funds will benefit and the broader economy will suffer if new curbs on trading by U.S. banks are left unchanged, according to the head of SkyBridge Capital LLC. The Volcker rule, enacted this year to curtail proprietary […]