Category Archives: Syndicated
Man Group to launch AHL strategy into retail market
CityWire.co.uk – Hedge fund giant Man Investments is to launch its popular AHL managed futures trading strategy into the retail market. The fund, which is planned for launch on 1 October, will be domiciled in the UK and employ Ucits […]
George Soros snaps up GLG hedge fund star Robert Donald
Times Online – GLG Partners, the London-based hedge fund, is on the point of losing a star fund manager this weekend in a situation that mirrors the high-profile departure of another top manager, Greg Coffey, last year. Robert Donald, who […]
Hedge Fund Fees Firm With Rebound as LBO Fees Bow to Pensions
Bloomberg – Larry Powell, deputy investment chief for the $16 billion Utah Retirement Systems, was convinced in January that hedge funds finally would buckle under the pressure of record losses in 2008 and lower their fees. He figured it was […]
Touradji’s Winning Way Fails to Obscure Ex-Employees’ Hostility
Bloomberg – Paul Touradji had a good year in 2008, a 12-month span that most other traders would like to forget. His flagship hedge fund, Touradji Global Resources Fund LP, returned 8.6 percent trading oil, copper and aluminum. The average […]
HSBC’s Maldonado blends science with art
Reuters – HSBC’s Bill Maldonado is a man who loves to mix science with art — be that in running the Halbis hedge fund business, riding his high-powered Ducati motorbike on a race track or piloting a light aircraft. An […]
Despite Pressure, Hedge Funds Resist Reducing Fees
New York Times – Despite the industry’s record losses in 2008, hedge funds generally aren’t lowering their fees without concessions from investors, such as longer lock-up periods and commitments of at least $100 million, money managers and consultants tell Bloomberg […]
Talk of Fortress expansion spree overblown
Reuters – Rumours of an acquisition spree by Fortress Investment Group are greatly exaggerated and may disappoint investors who jumped into the stock during the past week. The private equity and hedge fund giant last week named director and former […]
U.K. Probing Hedge Funds, Structured Finance Amid Fraud Concern
Bloomberg – The U.K. Serious Fraud Office is investigating sales of structured-finance products such as credit default swaps and collateralized debt obligations prior to the global financial crisis. The SFO is looking into whether banks that sold the products knew […]
Ex-BDO Seidman’s Mark Bloom Pleads Guilty in Hedge Fund Fraud
Bloomberg – Hedge fund manager Mark Bloom pleaded guilty to U.S. charges that he stole at least $20 million from clients and lied to them, and that he helped sell illegal tax shelters while working earlier at BDO Seidman LLP. […]
Gold investment fever grips US hedge funds
A prominent hedge fund manager has claimed that gold investment is proving popular in the US over fears about inflation. Moonraker, a London-based independent firm, has managed over $330 million worth of assets at BDO Stoy Hayward Investment Management since […]
The Dust Hasn’t Settled on Wall Street, but History’s Already Repeating Itself
The Washington Post – The Wall Street herd is at it again. Even as the cleanup crew is carting away the debris left by the last financial crisis, the investment banks, hedge funds and exchanges are busy working on the […]