Category Archives: Syndicated

Abu Dhabi Fund Sees Long-Term Potential in West

ABC News – A top official for the world’s biggest sovereign wealth fund said Monday the bulk of its holdings are still in the U.S. and Europe, and that the Abu Dhabi fund sees “significant, long-term investment potential” in both […]

Tate Embraced Hedge Funds, Then Dropped Them

WSJ – Hedge funds enjoyed three years of popularity with the Tate Gallery, the charitable organization responsible for two of London’s best-known art spaces — drawing almost a quarter of the institution’s investment portfolio. But the financial crisis resulted in […]

Contrarian Investor Predicts Economic Crash in China

NYT – James S. Chanos built one of the largest fortunes on Wall Street by foreseeing the collapse of Enron and other highflying companies whose stories were too good to be true. Now Mr. Chanos, a wealthy hedge fund investor, […]

UK hedge fund Prana Capital weighs Asian move

Reuters – UK-based hedge fund firm Prana Capital is looking eastwards, with plans to open a office in Singapore where its founder, Peregrine Cust, will relocate to, said a source familiar with the matter. “We are exploring that option,” said […]

RAB Eyes Institutions To Rebuild Asset Base

WSJ – London-listed asset manager RAB Capital (RAB.LN) is planning to rebuild its depleted asset base by targeting institutions in Europe and pushing the marketing of four of its strong-performing funds, following a year of dramatically restructuring its business model. […]

Hedge Fund Lobby, Seeking Clout, To Solicit Funds’ Data

WSJ – The lobbying association for the hedge fund industry told Dow Jones Newswires it will begin to ask for key financial data from hedge fund managers, the group’s latest move to be a more effective lobbyist for an industry […]

Lipper Snaps UK-Manulife leads bond funds in Dec

Reuters – A U.S.-focused fund managed by Manulife (MFC.TO) was the top performer among British-registered bond funds in December, data from Thomson Reuters fund research firm Lipper showed on Friday. Manulife Global Fund-US LP65013272 returned 10.10 percent over the month, […]

RBS Agrees Sale Of Asset Management Ops To Aberdeen

WSJ – Royal Bank of Scotland Group PLC (RBS) said Friday that it has agreed to sell part of its asset management business to Aberdeen Asset Management PLC (ADN.LN) for GBP84.7 million, marking the latest step in a restructuring plan […]

How New Palladium, Platinum ETFs Will Change Supply and Demand

Seeking Alpha – The world is about to entertain two new investment vehicles that could have a profound effect on the prices of two very rare and very necessary metals — palladium and platinum. Unlike gold, which we do not […]

Do Hedge Fund Indexes Only Tell Part of Story?

New York Times – Only foolhardy parents would allow their children to provide only the grades on their report cards that they were happy with. Yet hedge funds are given this luxury in reporting their performance to compilers of sectorwide […]

Saleh to Forfeit Gains From Insider Trading

WSJ – Reza Saleh, an employee of H. Ross Perot’s investment firm who was charged with insider trading, agreed to forfeit $8.6 million in profits to settle with securities regulators. The Securities and Exchange Commission charged Mr. Saleh in September […]

TrimTabs suggests government manipulated stocks

Market watch – The unusual circumstances that led the U.S. market to rally powerfully in 2009 might be explained by secret government moves to buy stocks, according to Charles Biderman, the founder and chief executive of TrimTabs, a research firm […]