Author Archives: Editor
Taxes drive rising cost of business in China
Opalesque Industry Update – The Chinese government’s renewed efforts to collect taxes has fund managers saying this could lead to rising cost in doing business in the region, particularly for global fund managers running international portfolios for mainland institutions. Many […]
Hedge funds rumoured to be employing freelance strategists on £200k
eFinancial Careers – Investment strategy is crucial to a hedge fund’s success. Having unearthed someone capable of devising a good one, it might therefore seem inevitable that a fund will make them a full time employee. Not always. According to […]
Xstrata walks away from Noranda bid
Globe and Mail – Shares of Noranda Income Fund fell nearly 9 per cent on Thursday after Xstrata Zinc, a division of mining giant Xstrata PLC, officially walked away from its takeover offer for the company. Talks between the two broke off because managers […]
Funds of hedge funds face up to bleak future
Reuters – Many small European funds of hedge funds could close or be forced into a merger or sale as falling asset bases hit a sector whose reputation is already badly damaged in the eyes of investors and hedge funds […]
Och-Ziff’s Fund Assets Rose $200 Million on Investor Deposits in August
Bloomberg – Och-Ziff Capital Management Group LLC, the New York-based hedge-fund firm run by Daniel Och, said assets under management rose by $200 million last month as investors deposited money in its funds. Holdings increased to $26.1 billion as of […]
OGI’s Bedwick Set to Double Macro Fund Assets to $100 Million
Bloomberg – The OGI Global Macro Fund, run by former Lehman Brothers Holdings Inc. proprietary trader Allan Bedwick, is set to double assets to about $100 million this month after outperforming hedge-fund peers globally. With money from overseas institutional investors, […]
People Moves – Frederic Gautier Appointed Portfolio Manager of Chilton’s European Equities Strategy
Stamford, CT and London (Press release) – Chilton Investment Company, LLC, a global investment management firm with approximately $6 billion in assets under management, announced today that Frederic Gautier has joined the firm as Portfolio Manager of Chilton’s European equities […]
Hedge Fund Strategies: Galtere’s Agribusiness
New York (HedgeCo.net) – U.S. registered investment manager Galtere has launched an agribusiness private equity strategy that aims to take advantage of the shift in global market dynamics and a growing worldwide demand for commodities from institutional investors. The agribusiness […]
Ucits hedge funds attract hedge funds keen to tap institutional investors
Hedge Funds Review – Launches of absolute return funds managed by traditional asset-management houses or by hedge funds have surged over the last 18 months although the industry remains at the early stages of development. The growth is attributed in part […]
Hedge funds sue to block Ambac transfers
MarketWatch – A group of hedge funds, including credit giant King Street Capital, have sued Ambac Financial Group Inc. to try to stop transfers from its main bond-insurance unit to the holding company. The funds, which also include Aurelius Capital […]