Category Archives: Syndicated
Hedge fund manager Gambhir consolidates seven-year track record as RWC Partners moves forward, L/S equity fund +11% YTD
Opalesque Industry Update – Manager of the Europe long short funds at RWC Partners, Ajay Gambhir, has passed through his three year track record at the firm. Gambhir launched his RWC Samsara Fund just as the storm clouds were gathering […]
Infigen chairman steps down after hedge fund request
Business Spectator – Infigen Energy Ltd chairman Graham Kelly has resigned with immediate effect, to be replaced by Mike Hutchinson, after the company’s largest investor, The Children’s Investment Master Fund (TCI), sought a seat on its boards. Infigen’s board nomination […]
Hedge fund experts see investment opportunities in Asia
SINGAPORE : Hedge fund experts said the current period of economic uncertainty could present good investment opportunities in Asia. They pointed out that Asia will continue to be a hotbed for the hot money flows – especially now that the […]
European Parliament approves EU hedge fund rules
Reuters – The European Parliament approved new rules on Thursday to regulate managers of hedge funds and private equity groups from 2013, ending long and bitter negotiations over how tough the new regime should be. The bloc’s assembly overwhelmingly backed […]
NY rabbi convicted of extorting Conn. hedge fund
WSJ – A prominent Brooklyn rabbi has been convicted in a scheme to extort a Connecticut-based hedge fund into paying millions of dollars to two schools. Rabbi Milton Balkany was found guilty in Manhattan federal court Wednesday of extortion, blackmail, […]
Hedge fund regulation net closing in on property-BPF
Reuters – Property companies must act fast to escape spiralling costs and losses caused by legislation designed to curb excessive risk-taking in the investment management industry, the British Property Federation warned. Investors ranging from blue chip landlords to modest family […]
Former Credit Suisse Proprietary Trader Chan Said to Plan Macro Hedge Fund
Bloomberg – Charlie Chan, a former Credit Suisse Group AG proprietary trader, plans to set up an Asia-focused macro hedge fund in the first quarter of next year, said three people with knowledge of the matter. Singapore-based Chan, who was the […]
Hedge Funds Assets Reach Highest Since October 2008
Bloomberg – Hedge-funds assets exceeded $1.6 trillion, reaching the highest in more than two years, as managers returned 2.3 percent last month helped by gains in global markets, according to Eurekahedge Pte. Hedge funds posted positive returns for the fourth […]
Hedge fund performance boosted by strong October returns
Hedge Funds Review – The Eurekahedge Hedge Fund Index gained 2.26% in October, bringing the year-to-date (YTD) returns to 7.31% compared with global equity returns in the S&P 500 Total Return (+3.80%), MSCI World Equity (+3.65%), and FTSE 100 (+2.28%) equity […]
Hedge funds forced to drop their fees in wake of meltdown
City AM – Investors are enjoying more negotiating power than ever before when it comes to investing in hedge funds, putting increasing pressure on managers to lower fees and offer greater liquidity in the wake of the credit crisis, a […]
Hedge Fund Manager Tepper Tells You His Secret: Follow the Government
CNBC – How did David Tepper get a 132 percent return on his portfolio last year? He just jumped behind the federal government and bought bank stocks — after the government published plans to support the financial sector.”‘It was easy,’ […]
K1 Founder Helmut Kiener May Be Charged This Week, German Prosecutor Says
Bloomberg – K1 Group hedge fund founder Helmut Kiener may be charged this week over what prosecutors say was a scheme that led to hundreds of millions in losses at Barclays Plc, JPMorgan Chase & Co. and BNP Paribas SA. Charges may be filed […]