Category Archives: Syndicated
Hedge fund boss who found he couldn’t escape the regulator
The Independent – When Art Samberg pushed himself to climb Kilimanjaro in 2000, to celebrate his 59th birthday, he was already at the summit of the hedge fund world. In fact, he is sometimes called the grandfather of the industry, […]
City cheered as flagship fund leads recovery at Man
TimesOnline – The world’s largest listed hedge fund manager reported forecast-busting annual profits yesterday, boosted by a recovery in its flagship $21 billion AHL fund. Shares in Man Group, which last week snapped up its smaller rival GLG for $1.6 […]
Funds seek Midas touch with miners
Reuters – Top hedge fund stock pickers have extended their bets on gold, adding gold mining stocks to their investments in the precious metal. Last year, investors such as John Paulson and Richard Chilton piled into shares of the exchange […]
Man returns underscore rationale behind GLG move
Financial Times – Mixed returns and heavy redemptions from clients at Man Group underscored plans to acquire rival GLG Partners, management at the FTSE 100 listed hedge fund said in its full-year results released yesterday. Pre-tax profits at Man, one […]
Falcone makes big bet on food products
Reuters – A deal to combine Corn Products International and Bunge Ltd fell apart in 2008, but the two leading makers of agriculture and food products have been united this year in the $10 billion portfolio of hedge fund star […]
Gibraltar eyes larger hedge fund sector
City AM – Gibraltar is looking to grow as an international destination for hedge funds as the prospect of tighter regulation makes more exotic jurisdictions appear less attractive. Senior figures said the British territory, which is part of the European […]
Profiles highlight shortlisted hedge funds
Hedge Fund Review Magazine – For the Hedge Fund of the Decade Man Investments’ AHL Alpha, Quality Capital Management’s Global Diversified Programme, Nektar Asset Management’s Nektar Fund, the Rubicon Global Fund, the IKOS Hedge Fund and the Winton Futures Fund […]
Higher Tax on Buyout Firm Managers Would Hit Hedge Fund Sales
Bloomberg – Private-equity firms, trying to derail legislation that would boost taxes on their leaders’ pay, are attacking a provision that would make it more costly for executives to sell their own management firms. The provision, which also would affect […]
Man Group Sees Opportunity to Grow Assets
WSJ – Man Group PLC said Thursday it has entered “a period of significant opportunity” in its business, adding that it has high expectations that its planned $1.6 billion acquisition of GLG Partners Inc. will help lift assets and market […]
E.U. Proposes Bank Levy to Pay for Future Crises
NYT – A European Union official proposed Wednesday that member states tax banks to raise money for a fund that would be used specifically to manage future financial crises. But although the idea of such a fund is popular in […]
Why hedge funds will not defect
Fortune – Hedge funds have nowhere left to hide. In November 2008 the top five U.S. hedge fund managers went to Washington to defend their business practices. With credit markets reeling, legislators demanded supervision of the notoriously secretive industry. Kenneth […]
‘Sophisticated’ Investors and the Hedge Funds They Love
WSJ – The market tumult of the last two years has taught us something about these so-called “sophisticated” investors we’re hearing so much about these days: if we didn’t know they were so smart, most of them could easily be […]