Category Archives: Syndicated

EU designs hedge fund regulations

Karachi News – The EU finance ministers have tentatively agreed to rulings on European hedge funds.  The rulings will involve the previously unregulated hedge funds as well as other alternative investment firms. EU officials have been trying to determine ways […]

Hedge Fund Deals Mean Work for Am Law Firms

Am Law Daily – Five firms have landed roles on a pair of hedge fund transactions announced on Wednesday. Davis Polk & Wardwell M&A partners Louis Goldberg and Michael Davis are leading a team from the firm that is advising […]

Hedge Funds Short Plaza Accord Deal With China: William Pesek

Bloomberg – Of all the things Timothy Geithner expected when becoming U.S. Treasury secretary, examining a periodic table probably wasn’t one of them. Obsessing over the chemical elements is exactly what Geithner and his staff will be doing in the months […]

‘Buyers Strike’ May Not Stop Market From More Gains

CNBC – The second half of 2010 has proven something about Wall Street: Stocks not only don’t need good news to rally, they don’t need many real investors, either. For the first time in at least 25 years, the market […]

Hedge-Fund Manager Mariner to Sell Stake to Japan’s Orix to Aid Expansion

Bloomberg – Mariner Investment Group, a $12 billion hedge-fund manager, plans to sell a “significant” stake of the holding company to a unit of Japan’s Orix Corp. to help it expand its asset-management business. The deal will have no impact on […]

EU reaches deal in long-running hedge fund battle

EU Observer – The UK, home to most of the world’s hedge funds, has won out in a long-running battle with France over European supervision of the controversial and lightly-regulated multi-trillion-dollar sector. EU finance ministers agreed on Tuesday (19 October) […]

Hedge fund fees start to drop amid fierce competition

Globe & Mail – Hedge funds were once known for the fat fees they charged investors, but they are trimming those charges amid growing competition for clients. When Connor Clark & Lunn Financial Group recently rolled out its first hedge […]

Occasional successes of con artists haunt hedge fund industry

Opalesque – Last Friday evening a group of representatives from a few top hedge fund firms (Old Bell Associates, SAC Capital, Serengeti Asset Management, Cliffwater, Juniperus Capital, and Soapstone Capital) presented some insight into the hedge fund industry in the format […]

Hong Kong Wants Time for Hedge Funds to Meet New EU Rules

Bloomberg – Hong Kong’s government is in talks with the European Union to help hedge-fund managers in the city cope with proposed regulations that may make it harder to raise assets in Europe. Hong Kong is lobbying the EU for […]

Swiss village cuts tax rate to attract more hedge funds from London

Guardian – A peaceful Swiss village that has become an unlikely rival to Mayfair is cutting its income tax rate to attract more hedge fund managers from London. The Swiss area of Höfe in Schwyz, which includes the village of […]

Lehman Trustee Fighting Hedge Funds Over Prime Broker Assets

Dow Jones – The trustee overseeing the liquidation of Lehman Brothers Holdings Inc.’s (LEHMQ) brokerage business is balking at a call by a hedge fund into the status of billions of dollars tied up in Lehman prime brokerage accounts. James […]

Hedge fund pair bank £82m each after sale of BlueBay

Mail Online – Two hedge fund managers have banked £82million each after selling the business they set up less than ten years ago for nearly £1billion. Hugh Willis and Mark Poole cashed in from the sale of BlueBay Asset Management […]