Author Archives: Editor
UCITS Hedge Fund Report Q3 2010
New York (HedgeCo.net) – The number of UCITS hedge funds continued to grow during Q3 2010, reaching 525 single manager funds and 50 funds of hedge funds, according to the UCITS Alternative Index Quarterly Industry Report. This represents an increase […]
SYZ & CO To Merge Hedge Funds With Institutional Asset Management
New York (HedgeCo.net) – Swiss banking group SYZ & CO has announced the integration of its institutional asset management activities within the newly-created division SYZ Asset Management. “Our expertise, proven track record and capabilities in traditional asset classes and portfolios […]
‘Buyers Strike’ May Not Stop Market From More Gains
CNBC – The second half of 2010 has proven something about Wall Street: Stocks not only don’t need good news to rally, they don’t need many real investors, either. For the first time in at least 25 years, the market […]
Hedge-Fund Manager Mariner to Sell Stake to Japan’s Orix to Aid Expansion
Bloomberg – Mariner Investment Group, a $12 billion hedge-fund manager, plans to sell a “significant” stake of the holding company to a unit of Japan’s Orix Corp. to help it expand its asset-management business. The deal will have no impact on […]
EU reaches deal in long-running hedge fund battle
EU Observer – The UK, home to most of the world’s hedge funds, has won out in a long-running battle with France over European supervision of the controversial and lightly-regulated multi-trillion-dollar sector. EU finance ministers agreed on Tuesday (19 October) […]
Hedge fund fees start to drop amid fierce competition
Globe & Mail – Hedge funds were once known for the fat fees they charged investors, but they are trimming those charges amid growing competition for clients. When Connor Clark & Lunn Financial Group recently rolled out its first hedge […]
Occasional successes of con artists haunt hedge fund industry
Opalesque – Last Friday evening a group of representatives from a few top hedge fund firms (Old Bell Associates, SAC Capital, Serengeti Asset Management, Cliffwater, Juniperus Capital, and Soapstone Capital) presented some insight into the hedge fund industry in the format […]
Hedge Fund Manager Gains $610 Million In Property Sales
New York (HedgeCo.net) – Corporate, real estate and hedge fund giant, Investcorp and joint venture partner Schnitzer West, LLC, have sold their stake in the Bellevue, WA office towers known as Bravern Office Commons to a client advised by Principal Global […]
Hong Kong Wants Time for Hedge Funds to Meet New EU Rules
Bloomberg – Hong Kong’s government is in talks with the European Union to help hedge-fund managers in the city cope with proposed regulations that may make it harder to raise assets in Europe. Hong Kong is lobbying the EU for […]
Swiss village cuts tax rate to attract more hedge funds from London
Guardian – A peaceful Swiss village that has become an unlikely rival to Mayfair is cutting its income tax rate to attract more hedge fund managers from London. The Swiss area of Höfe in Schwyz, which includes the village of […]
Lehman Trustee Fighting Hedge Funds Over Prime Broker Assets
Dow Jones – The trustee overseeing the liquidation of Lehman Brothers Holdings Inc.’s (LEHMQ) brokerage business is balking at a call by a hedge fund into the status of billions of dollars tied up in Lehman prime brokerage accounts. James […]