Category Archives: Syndicated
An SEC survivor: Hedge fund thrives after civil charges, as SAC faces heat
NYP – Imagine that a multibillion-dollar hedge fund is accused of fraud and pays a huge fine to settle with the Securities and Exchange Commission while its famous founder personally ponies up millions more to move past the scandal. No, […]
Man Group CEO Clarke to Step Down; Roman to Step Up
Reuters – Peter Clarke, the chief executive officer of embattled hedge fund firm Man Group, bowed to growing shareholder anger over the slow progress of the company’s revival plan and will hand over the reins to Emmanuel “Manny” Roman. Mr. […]
The Darwinian Evolution Of The World’s Biggest Publicly Traded Hedge Fund Firm
Forbes – In 2008, Emmanuel “Manny” Roman, the co-chief executive of hedge fund firm GLG Partners, showed up to a conference of hedge fund managers and predicted that at least 25% of the world’s hedge funds would disappear “in a Darwinian process.” […]
‘Black box’ hedge funds buy exchange seats to dodge brokers
Reuters – Some of the world’s top computer-driven hedge funds are buying exchange memberships to trade directly on the biggest commodities and financial futures markets, saving on the sizeable commissions normally paid to brokers. Eager to improve returns and keep […]
Hedge Funds May Profit Most From Japan’s Election
Bloomberg – This may be the election that Japan bears such as J. Kyle Bass have been waiting for. Hedge-fund managers betting against Japan in recent years, including Bass of Hayman Capital Management LP, are counting on a doomsday scenario: […]
Quick Defense in Insider Trading Trial of 2 Hedge Fund Managers
DealBook – Defense lawyers for two former hedge fund managers called one witness before resting their case, a surprise decision that will send the insider trading trial to the jury as soon as Tuesday. In one of the largest prosecutions […]
CQS ABS Manager Lumsden Leaves Hedge Fund, Is Replaced by Finch
Bloomberg – CQS U.K. LLP said Alistair Lumsden, who managed a hedge fund focused on asset-backed securities, has left the $11.9 billion firm. Lumsden, chief investment officer of the $2.3 billion CQS ABS Fund, was replaced by Simon Finch, the […]
Orangefield Group Acquires Hedge Fund Administrator Columbus Avenue
Orangefield Group, a global service provider of administration, management and trust services announced it has acquired leading hedge fund administrator Columbus Avenue Consulting LLC. The division will officially operate under the Orangefield-Columbus brand. Orangefield-Columbus has over $25 billion in assets […]
UCITS Hedge Fund Strategy Index bounces back, up +0.32% in November 2012
After a slight loss in October the UCITS HFS Index reported gains of +0.32% for November 2012. The broad index started slightly positive into the month with a performance of +0.07% after the first full week of trading. Things changed […]
Hedge Funds Fall Out of Love with Equities
CNBC – Investors have fallen so far out of love with stocks that assets in fixed income hedge funds are poised to overtake those in equity trading strategies for the first time in the history of the $2 trillion industry. […]
ESMA proposals will impact EUR 3billion of CTA UCITS assets, says Alix Capital
Alix Capital, the Geneva-based investment boutique specialising in regulated alternatives investments, is publishing a paper which reveals that ESMA proposals limiting the use of indices by UCITS funds will require a change in investment approach for EUR 3 billion of […]
Asian hedge funds in transition
Investment Europe – Some large European investors are increasing interest in hedge funds in Asia, and advisers based there are recommending not to journey there with outdated preconceptions. One European allocator that does not have an old picture of Asia’s […]