Category Archives: Syndicated
EU hedge fund curbs delayed after the intervention of Gordon Brown
Telegraph – The ECOFIN gathering of finance ministers from the 27 EU states had been due to debate the Alternative Investment Fund Managers (AIFM) directive but it was removed from discussion. Instead, it will now be tabled at next month’s […]
Hedge funds as heroes
BBC – In the autumn of 2008, during the worst global banking crisis since the 1930s, I was interviewed by French television and asked to explain the malevolent role of hedge funds in causing the mess we were in. When […]
Ebullio Commodity Hedge Fund Says January Loss Was 70% Not 1.1%
BusinessWeek – Ebullio Capital Management LLP said its commodity hedge fund fell almost 70 percent in January, not the 1.1 percent decline originally reported to investors, letters to investors show. The 1.1 percent drop was announced in the January notice […]
Hedge funds turn cautious on stocks after ’09 gains
Reuters – European hedge funds have been cutting back some of their bets on stocks on concerns over the outlook for economic growth after last year’s profits bonanza, with some fearing markets could still drop below 2009 lows. Large bets […]
UCITS III Fund Assets Rise to $52.3 Billion, Eurekahedge Says
BusinessWeek – Assets managed by UCITS III funds have increased to $52.3 billion over the last two years amid moves by hedge-fund managers to reach investors seeking funds compliant with European Union rules. There are about 500 hedge-fund offerings that […]
UK clashes with France on hedge fund rules
AP – Britain is set to lose a clash with France on new European Union hedge fund rules that EU finance ministers will haggle over on Tuesday. Paris leads most EU governments in favoring tougher restrictions for funds based outside […]
Dodd bill sets hedge fund registration threshold at $100 million
Pensions&Investments – All hedge funds that manage more than $100 million will be required to register with the SEC and disclose financial data to determine whether fund activities pose a risk to the nation’s financial system, under major financial regulatory […]
Citigroup Bolsters Trading Unit as Volcker Rule Spurs Defectors
BusinessWeek – Citigroup Inc., the bank 27 percent owned by the U.S., is bolstering a unit that trades stocks with the bank’s own money after a proposed government ban of so- called proprietary trading helped spur eight of its 22 […]
Europe Risks U.S. Fight Over Hedge, Private Equity Fund Rules
BusinessWeek – European finance ministers meeting today in Brussels to discuss hedge fund and private equity regulation may risk a trade war if they stick to a plan to force funds outside the region to comply with European Union rules. […]
Hedge Funds Fail When ‘Rock Stars’ Are in Charge: Matthew Lynn
Bloomberg – The ideal hedge fund should be like a good local restaurant: reliable, high-quality, a loyal group of customers, and unknown to the rest of the world. Pierre-Henri Flamand is just the latest star trader who should remember this. […]
Hedge Funds May Get $222 Billion Inflows in 2010, Survey Says
BusinessWeek – Hedge funds globally may attract $222 billion of fresh capital this year, according to a survey by Deutsche Bank AG, marking the first annual net inflow since the global financial crisis hit in 2007. That will increase hedge […]
China state fund open to shorting stocks-fund manager
Reuters – China’s $300 billion sovereign wealth fund is looking at directly investing in funds that could benefit from falling equity prices, a top manager at Pyramis Global Advisors said on Monday. China Investment Corp [CIC.UL] spent last year diversifying […]