Author Archives: Editor

WSJ – Hermes Fund Managers has acquired a European equities house, part of a strategy to offer investors access to boutique asset managers, from shareholders including UK broker Execution and the largest pension scheme in the US. Sourcecap, a UK-based […]

Reuters – BlueCrest AllBlue, a feeder fund into a portfolio of hedge funds, said it had raised around 101 million pounds via an issue of new shares, as investor interest in hedge funds picks up. After the issue the fund […]

Reuters – BlackRock Inc plans to launch a portfolio that will let wealthy individual investors access hedge funds that have boosted pension funds’ and endowments’ returns, the company said in a regulatory filing on Thursday. The fund, BlackRock Core Alternatives […]

Reuters – Hedge funds may be on track to post their best returns in a decade this year, but Singapore-based Artradis Fund Management won’t be joining the party. Redemptions and a dismal showing by its flagship volatility funds, which were […]

Reuters – Roughly one out of every four hedge fund firm employees expects to take home more money this year than last, according to data that offers evidence the industry is on the mend after 2008’s heavy losses. Research service […]

Bloomberg – Ellington Financial LLC, run by Michael Vranos’s $2.5 billion hedge-fund firm, shelved its initial public offering as investors refused to finance its plan to buy bonds backed by the type of home loans that helped spur the biggest […]

Reuters – Culross Global Management is going against hedge fund fashion for liquidity with a portfolio that will target the cheap but hard-to-sell credit assets that helped to stymie the industry during the financial crisis. The LT Alpha fund, launched […]

Wealth Bulletin – The founding partner of Trafalgar Asset Managers, one of Europe’s more established hedge funds, has changed his residence from London to Monaco as the tax-free principality’s attraction grows among UK-based financiers seeking lower tax rates. Lee Robinson, […]

Reuters – Heartened by improved market conditions, new hedge fund launches picked up again in the third quarter and exceeded the number of liquidations for the first time since the height of the financial crisis. According to data from Hedge […]

Bloomberg – Billionaire George Soros proposed that the richest nations use $100 billion of the foreign- exchange reserves they received from the International Monetary Fund to develop emissions-reducing projects in poor countries. “Developed countries’ governments are laboring under the misapprehension […]