Author Archives: Editor

Bloomberg – Albert Ee, a former managing director of Millennium Management LLC’s Asian business, said he plans to set up a hedge fund in Singapore that will seek to profit from bets on broad economic trends. AE Capital Management plans […]

Times Online – David Tepper, who runs the US hedge fund Appaloosa Management, is in line for a profit share of around $2.5 billion (£1.5 billion) this year after betting heavily on a recovery in the stocks of banks including […]

Bloomberg – Asian start-up hedge funds have returned an average 22 percent this year, beating global peers and boosting their chances of attracting investors in 2010. Galaxy China Deep Value Fund and Wisdom of Japan Fund are among new offerings […]

Bloomberg – Geneva, touted as a haven for London bankers facing heavier U.K. taxes, may lure fewer than predicted thanks to a housing shortage, crowded schools and a 44 percent income-tax rate. Barclays Plc President Robert Diamond this month joined […]

National Post – Proposals being presented to the European Parliament are set to dramatically alter the way in which the managers of alternative investment funds are compensated. The planned changes should work to the benefit of those institutions that invest […]

Reuters – Luxembourg’s drive to become a major funds domicile faces a stiff test next year when investors who lost money in Bernard Madoff’s $65 billion fraud seek compensation from UBS via a Luxembourg court. The push to attract alternative […]

Chicago Sun Times – Chicago’s Kovitz Investment Group runs a hedge fund in which the managers don’t merely buy stocks. They stalk them. The five partners in the firm will agree on about 400 companies that merit ongoing review. More […]

Bloomberg – The dollar is rallying in tandem with stocks and commodities for the first time since before Lehman Brothers Holdings Inc.’s bankruptcy last year sparked the financial crisis, signaling the worst may be over for the greenback. The currency, […]

New York Post – Hedge-fund billionaire Steven Cohen’s ex-wife Patricia Cohen alerted the FBI of his alleged trading shenanigans more than two years before filing her explosive lawsuit accusing him of profiting from nonpublic information as far back as 1985, […]

Bloomberg – New Finance Capital LLP’s Opus Commodities Fund managed by David Mooney topped the performance ranking of 45 funds of commodity hedge funds surveyed by Feri Institutional Advisors GmbH, an investment adviser. The Opus fund returned 15.7 percent in […]