Author Archives: Editor
SAC Capital grows in Asia with Singapore office
Reuters – S.A.C. Capital Advisors, one of the world’s biggest and most successful hedge fund firms, is expanding its Asian operations by opening a new office in Singapore amid strong industry investment returns across the region. Two portfolio managers will […]
Marshall Wace Returns 26% This Year With TOPS Japan Hedge Fund
Bloomberg – Marshall Wace LLP, the London-based hedge-fund manager overseeing $4 billion in assets, returned 26 percent with its Japan-focused hedge fund this year by tapping ideas from 150 equity salespeople from outside the firm. The Marshall Wace TOPS Japan […]
Harbinger cuts New York Times stake again
Reuters – Hedge fund Harbinger Capital partners has cut its stake in The New York Times Co yet again, about two years after spending half a billion dollars to become one of its largest shareholders. Harbinger reported a 12.79 percent […]
EU executive warns over changes to hedge fund law
Reuters – Moves to dilute a draft European Union law on regulating hedge fund managers would be a setback to the bloc’s single financial market, the EU’s executive body said on Tuesday. The European Commission has proposed that managers of […]
Alternative Investor LeapFrog Invests $6 Million in AllLife
New York (HedgeCo.net) – LeapFrog Investments has announced a ZAR 50 million (over $6 million) investment in AllLife, one of Africa’s most innovative insurance businesses. The announcement took place after World AIDS Day. Launched with President Bill Clinton in 2008, […]
Long/Short Equity Hedge Fund Sector Fell Short in November – Credit Suisse
New York (HedgeCo.net) – Long/Short Equity funds did not fully capitalize on November’s equity market rally since many funds are maintaining more conservative positions in anticipation of year-end, according to Jordan Drachman, Head of Research for Alternative Beta Strategies at […]
Former Deephaven COO Nelson joins Autonomy
Reuters – London hedge fund firm Autonomy Capital Group has hired Scott Nelson, formerly the chief operating officer of Deephaven Capital Management, the latest hire to bolster the $1.3 billion firm’s management team, people familiar with the matter said on […]
Powerful interests block City reform
Guardian – Nothing sets a journalist’s pulse racing more than a good row. Our ceaseless lust for friction has been fed expertly by Nicolas Sarkozy in recent days, when he proclaimed that the “English are the big losers” in the […]
Sparx ‘Rising Sun’ Leads Japan Small Cap Funds With 26% Return
Bloomberg – Sparx Asset Management Co.’s Tadahiro Fujimura led a 26 percent return for his Rising Sun fund this year, the best performer in the Asian market with the worst returns for smaller companies. The 1.2 billion yen ($14 million) […]