Category Archives: Syndicated
Hedge fund lawyer runs for Congress, anti-big banks
Reuters – Hedge funds are far from popular, but one lawyer thinks Pennsylvania voters will support his calls for banning corporate bailouts, putting an end to “too big to fail” and taking the bulls-eye off fund managers. Christopher Paige, 38, […]
Samena Japan Hedge Fund Beats Topix on Recycler, New Managers
Bloomberg – Samena Japan Absolute Return Fund, a four-month-old, Japan-focused hedge fund, is beating the Topix index, betting on companies with new management and growing industries, including recycling and elderly care. The $17 million fund, which employs a so-called long-short […]
Hedge Funds May Account for 40% of Bank Capital, Report Says
Bloomberg – Hedge funds provided as much as 40 percent of the money raised this year by U.S. and European banks as they sought to offset losses and meet government capital requirements, according to Morgan Stanley. Financial firms have raised […]
Financial News: FRM To Give Up 10% Fee On New Launch
WSJ – A London-based investor in hedge funds is set to launch a product that will not charge any performance fees, as pressure mounts on a sector that made record losses last year. Financial Risk Management, a $9 billion (EUR6 […]
Hedge funds may get $11 bln frozen at Lehman
Reuters – Lehman Brothers International (Europe), where more than $35 billion of hedge fund assets have been frozen since the bank’s collapse last September, could return about $11 billion to fund managers by March if enough firms approve a new […]
New Gold Bugs Taking Gold Mainstream
WSJ – Gold has long been favored by a fringe of the investment world, but this year some of the world’s leading hedge-fund managers have loaded up on the precious metal amid concern government efforts to avoid another Great Depression […]
ETF Strategy With a Twist Of the Trendy
WSJ – For years, hedge funds plied strategies out of most investors’ reach. As the exchange-traded-fund bandwagon rolls on, however, financiers are following the trend to try to mimic more of those strategies. For one manager, literally. ETF Portfolio Management […]
U.S. Financial Regulation Overhaul: Side-by-Side Comparison
Bloomberg – President Barack Obama handed the U.S. Congress a road map for an overhaul of financial-services regulation in June, including greater oversight of derivatives and system-wide risks, new ways to wind down failed companies and a consumer agency to […]
Private equity eyes illiquid hedge fund stakes
Reuters – Hedge fund investors stuck in products with illiquid assets are increasingly seeing interest in their stakes from specialist private equity or other buyers as markets recover, according to broker Tullett Prebon. Head of alternative investments at the British […]
Gartmore Prepares December IPO to Reduce Borrowings
Bloomberg – Gartmore Group Ltd., the manager of about 21.8 billion pounds ($36 billion) in hedge and mutual funds, is preparing an initial public offering of at least 250 million pounds next month to reduce debt. The money manager plans […]
Ucits III hedge funds under the spotlight: live from Berlin
CityWire – In a panel session at Citywire’s Berlin forum, five of Europe’s leading fund selectors discussed the new wave of Ucits III absolute return funds coming from the hedge space. Examining the implications of the rise of these ‘Newcits’ […]
Phibro reaches out to hedge fund investors
MarketWatch – Phibro LLC, which became embroiled in controversy over star trader Andrew Hall’s compensation, is reaching out to hedge fund investors as Citigroup Inc. relinquishes its grip on the profitable energy-trading firm, two people familiar with the situation said […]