Category Archives: Syndicated
German Fin Min worried about hedge-fund risks in EU bank plans
Reuters – German Finance Minister Wolfgang Schaeuble said on Thursday he was worried that European Commission proposals on isolating hedge fund risks do not go far enough. “I am a bit worried that the Commission’s proposals on the isolation of […]
Sebi’s new FPI norms could hit inflows from hedge funds, NRIs
The Economic Times – Indian capital markets could be starved of fund flows from non-resident Indians or NRIs and global hedge funds under the new regulatory regime for Foreign Portfolio Investors (FPIs) put in place by the capital market watchdog. FPI regulations released by the […]
Hedge fund’s $250 million bet values Alibaba at up to $200 billion
CNBC – A rising hedge fund star has made a big bet on Chinese e-commerce site Alibaba, believing the company will be worth at least $200 billion when it goes public. Glade Brook Capital Partners, the hedge fund firm founded in […]
Hedge-Fund Manager Paul Singer ‘Shocked’ by Bitcoin Popularity
WSJ – One of the bigger names in hedge funds has come out against Bitcoin–and in favor of beaten-down gold. Paul Singer, founder of $23.3 billion Elliott Management Corp., told investors he was “shocked” by the virtual currency Bitcoin’s popularity […]
Transatlantic tug-of-war puts European hedge funds in “impossible position”
Risk.Net – Hedge funds are calling for a change to cross-border derivatives rules before European clearing requirements come into force – arguing overseas funds of European managers will be caught in a regulatory tug-of-war. Some of these funds also fall […]
Druckenmiller Lawyer Takes On Hedge Funds Over Contracts
Bloomberg – Stan Druckenmiller, one of the top-performing money managers of the past three decades, discovered a hard truth when he started investing in other hedge funds: Most don’t treat their clients fairly. Partnership agreements frequently leave investors on the […]
Hedge funds hit by passport rules
Financial news – Marketing restrictions are a key part of the Alternative Investment Fund Managers Directive, the controversial legislation aimed at regulating the hedge fund and private equity industries, which was transposed into national laws last July. Managers have a […]
Hedge funds get a reminder of how it feels to lose
NYT – By the time last Friday afternoon was finally over, managers at even some of the most successful hedge funds felt like crawling into a hole. While the S&P 500 declined only 2.6 percent last week, the move came […]
Analysis: Emerging markets rout a reality check for Davos elite
Reuters – Just as they were getting their swagger back, the global elite stumbled last week on an emerging market sell-off that served as a reminder of the risks the global economy still faces. Veterans of the annual World Economic […]
Hedge Fund Taking Stake in Brazil’s B2W
WSJ – Technology-focused hedge fund Tiger Global Management LLC will invest as much as 1.2 billion Brazilian reais ($500 million) in B2W Companhia Digital SA,Brazil’s largest online retailer by revenue. The investment will be part of a capital increase of 2.38 billion […]
Lotus Peak Plans Abenomics Fund of Hedge Funds to Capture Demand
Bloomberg – Lotus Peak Capital Pte, a Singapore-based investment manager, will start a fund of hedge funds to benefit from Japanese Prime Minister Shinzo Abe’s efforts to stoke the world’s third-largest economy. The Abenomics Long Short Fund will start on Feb. 3 […]
PCA Said to Shut Down Hedge Fund After CIC Withdraws Backing
Bloomberg – PCA Investments decided to shut a multistrategy hedge fund after China’s sovereign wealth fund, its only major outside investor, indicated it would pull its money, said two people familiar with the matter. PCA also closed its Hong Kong […]