HFM – Bahrain’s $14bn sovereign wealth fund (SWF) is considering making its first ever allocation into the hedge fund sector, HFMWeek can exclusively reveal. The Bahrain Mumtalakat Holding Company, which was established in June 2006, has confirmed that it is […]

WSJ – Man Group PLC Wednesday said its business is continuing to shrink because of poor performance at its AHL trading program, and estimated full-year pretax profit will be less than half that in the previous year. The hedge-fund operator, […]

Economic Times – Investors are flocking to hedge funds that bet on mergers and acquisitions (M&A) in the hope that a revival in takeover activity will help deliver more of the bumper returns they enjoyed in last year’s rally. Prime […]

Reuters – Hedge fund manager David Einhorn, who has been locked in a bitter fight with Allied Capital Corp over the company’s business tactics, on Tuesday asked U.S. financial regulators to release the full version of a report that probed […]

Reuters – Fund industry players are increasingly concerned that the development of hedge fund-style strategies sold to retail investors under EU rules may threaten a bid to push the European brand out to emerging markets. An EU directive known as […]

WSJ – A U.S. senator threatened retaliation if European Union proposals curbing access of American fund managers to the European market become law. In a sign that a European effort to increase regulation of hedge funds and other alternative-investment vehicles […]

Bloomberg – Plenum Power Surge, the hedge fund managed by Plenum Investments AG in Switzerland, returned 19 percent in the first two months of the year after betting on an increase in Scandinavian electricity prices. Prices in the Nordic electricity […]

BusinessWeek – Tennenbaum Capital Partners LLC, an investment firm founded by Michael Tennenbaum, is seeking about $1 billion to buy distressed debt after starting a bankruptcy- loan fund, said two people with knowledge of the plans. The company expects to […]

Reuters – British insurer Standard Life’s (SL.L) fund arm has made its first foray into hedge funds with the acquisition of London-based Aida Capital, as clients begin to return to the industry in the wake of the credit crisis. Standard […]

FierceFinance – Is this the ultimate financial status symbol: Your very own hedge fund manager? Not that you’ll be able to push them around. C’mon son. Let’s get in there and long the ABX. The market’s gonna recover. Right? Don’t […]

Fund Strategy – The Ucits III structure is increasingly being used by the hedge fund industry to bring their funds to a wider retail investor-base. Those in favour of a broader audience for hedge funds suggest that they have a […]

NYT – Citigroup’s head of global prime finance told Bloomberg News that the bank intends to double the size of a team helping pension and government-backed funds manage direct hedge fund investments. Nick Roe said the growth of the consulting […]