BusinessWeek – Hedge funds in Europe and the U.S. need a “tough and rigorous oversight regime” that doesn’t inhibit transatlantic competition, a U.S. Treasury Department official said in Brussels today. Mark Sobel, a deputy assistant secretary who often represents the […]

Reuters – Regulators will take their first global snapshot of risks posed by hedge funds in September as part of wider efforts to police the sector more closely, a top regulatory official said on Tuesday. The International Organisation of Securities […]

NYT – Congressional Republicans have concluded that screaming foul about the banking bailout and blocking financial reform is a clever strategy for the fall elections. This approach ignores some pretty basic history: that the banks imploded while Republicans held Congress […]

Reuters – Singapore’s central bank proposed tighter rules for hedge funds managing assets below S$250 million ($183 million), requiring them to have a minimum capital and two representatives residing in the city state. Regulators around the world are tightening rules […]

NASDAQ – Venture capital firms are asking lawmakers to shield them from a tax increase Congress is considering on fund-manager pay-outs from successful investments. Their argument, essentially that venture capital is more deserving of favorable tax treatment because it has […]

Reuters – Singapore’s DBS will invest up to $150 million in a fund being launched by Hong Kong-based Myo Capital that will pick distressed debt in Asia-Pacific excluding Japan, the two companies said on Tuesday. DBS Asset Management has also […]

Fortune – Unaudited results are in for the second year of “Buffett’s Big Bet” — Warren Buffett’s 2008 wager against Protégé Partners that a low-fee index fund will outperform certain funds of hedge funds — and the famous investor has […]

Reuters – Regulators will take their first global snapshot of risks posed by hedge funds in September as part of wider efforts to police the sector more closely, a top regulatory official said on Tuesday. The International Organisation of Securities […]

Hedge Funds Review Magazine – Hedge fund managers believe better governance of the sector could boost investment more than increased regulation. Better structuring, independent valuation, transparency and third-party control could result in increased allocations to hedge funds, according to a […]

NASDAQ – The Hong Kong Securities and Futures Commission said Monday it is seeking to ban Tiger Asia Management LLC, a New York-based hedge fund, from trading in all listed securities and derivatives in Hong Kong. The move, which marks […]

Opalesque – LGT Capital Partners, a leading alternative assets and fund of funds manager, is launching its Crown Managed Futures UCITS Fund to offer a broader range of investors access to its flagship managed futures strategy. LGT CP has been […]

BusinessWeek – The euro fell against the dollar on concern Greece’s request for a $60 billion bailout led by the European Union will fail to ease investor concerns about the nation’s ability to end its fiscal crisis. The 16-nation currency […]