Category Archives: Syndicated
Obama aims to reinvigorate Wall Street reform
Reuters – Obama’s wide-ranging economic address in New York will also discuss plans to unwind the government’s involvement in the financial sector and call upon Wall Street firms to take responsibility and avoid reckless behavior. He is to speak at […]
Goldman Hedge Fund Report: More Consolidation Ahead
Seeking Alpha – The one trend market pundits seem to collectively be predicting with ease for the hedge fund industry is so-called consolidation. Which is why a list of the 100 largest U.S. hedge funds, ranked by equity assets, buried […]
A Mideast Fund’s Failing Fortunes
New York Times – Dubai’s once-heralded trophy assets now look more like lead weights, Breakingviews says. Istithmar World, one of the investment vehicles controlled by the emirate, has a portfolio that was estimated to be worth $9 billion last year. […]
Ex-Macquarie Team Starts Helix Quant Global Equities Hedge Fund
Bloomberg – Three former Macquarie Group Ltd. quantitative strategists have started a hedge fund with the backing of Ascalon Capital Managers Ltd. to invest in global equities using computer-trading models. Helix Partners Ltd. will invest using strategies developed by Brandt […]
EU lawmaker says hedge fund rules may be beefed up
Reuters – A draft European Union law to regulate the managers of hedge funds and other alternative investment funds may be strengthened despite fierce opposition from Britain and industry, a senior EU lawmaker said on Friday. The bloc’s governments and […]
D.E. Shaw, Hedge Fund Manager, Gets Permit to Operate in Dubai
Bloomberg – D.E. Shaw & Co., the $29 billion investment firm run by David Shaw, said the Dubai Financial Services Authority granted its Middle East unit a license to operate from the Dubai International Financial Centre. The firm aims to […]
Long-bias funds lead hedge funds higher in Aug-Lipper
Reuters – Global hedge funds continued their winning streak in August, with all hedge fund strategies except dedicated short-bias ending the month in positive territory, fund tracker Lipper said on Friday. Lipper, a unit of Thomson Reuters, said funds with […]
Carlyle raising $3 billion Asia buyout fund
Reuters – The Carlyle Group is raising a new Asia buyout fund with a target size of up to $3 billion (1.8 billion pounds) as the U.S. private equity giant aims to tap more deals in Asia, two fund industry […]
Majedie hedge fund manager sells out of cyclicals
Reuters – Read Complete Article – Majedie hedge fund manager Matthew Smith has rotated his portfolio out of cyclical stocks and into value stocks with high yields, in another sign hedge funds think equities are susceptible to a pullback. Smith, […]
Man Group Launches Onshore Version Of Giant Hedge Fund
Dow Jones – Man Group PLC said Thursday it is launching an onshore version of its AHL product, one of the largest single hedge funds with some $20 billion assets under management, in a further sign of the company’s confidence […]
Hedge Fund Settles Madoff Suit
News Inferno – One hedge fund has agreed to reimburse its investors who were swindled in the historic Ponzi scheme orchestrated by the disgraced, now jailed, financier, Bernard Madoff. The hedge fund—Fairfield Greenwich Advisors—apparently moved money to Madoff, said Boston.com, […]