Category Archives: Syndicated
Russia hedge fund survivors ride rising stock markets
Opalesque – Most hedge funds focusing on the region benefited from the increasing oil price and the strengthening rouble in April. Those who did hence survived 2008, which proved to have been almost lethal as some had to restructure and […]
New FDA Chief Must Divest Several Stock, Fund Holdings
Wall Street Journal – The new commissioner of the Food and Drug Administration is among the wealthiest Obama administration appointees, with income of at least $10 million in 2008 thanks mostly to her husband, a hedge-fund executive, according to financial […]
Improving Hedge Fund Industry Corporate Governance
Seeking Alpha – I saw today a very interesting article in the FT about the discussion going on at the SEC about a rule allowing US investors to nominate company directors. Companies at present nominate their own directors. Shareholders have […]
FoHF gain liquidity tool
Financial Standard – Australian fund of hedge fund managers can manage liquidity levels in real time after Northern Trust enhanced the firm’s Hedge Fund Monitor product. The feature, which is available via Northern Trust’s relationship with youDevise, allows the fund […]
Consolidation looms for Swiss funds of hedge funds
Reuters – Many of Switzerland’s smaller fund of hedge funds providers could be forced to consolidate in order to cover increasingly onerous expenses if they are unable to attract significant assets, a Swiss academic said on Monday. The small average […]
Opalesque Exclusive: Review of hedge fund launches, closures, indices, trends, regulatory and legal events – week 21
Opalesque – Last week, we heard of fund launches from Galena (energy); Verulam (commodity); Twin Tree; Paulson & Co (distressed property); Abax (Asia macro); Odey (Ucits III); Pictet (agriculture); and Liontrust (European). The Canadian Hedge Watch Hedge Fund Composite Index […]
U.N.’s Ban urges business to back climate policies
Reuters Copenhagen – Business leaders met in Denmark to try to unite behind a common call for long-term climate policies, ahead of a U.N. conference in December meant to forge a new climate treaty to replace the Kyoto Protocol. "For […]
Move Over, Black Boxes: Brains Are Back
Wall Street Journal – Quantitative fund managers, who use computer models rather than human judgment to pick securities, have seen their world turned upside down by the credit crisis. The first generation of managers and their models have moved on: […]
Unison Capital raises Aderans share offer by 20%
Reuters Tokyo – Japanese equity fund Unison Capital said on Monday it has raised its planned offer for shares in wig maker Aderans Holdings by 20 percent to 1,200 yen per share. Unsion Capital and Aderans are locked in a […]
Steel Partners forges ahead with fund conversion
Reuters – Warren Lichtenstein’s Steel Partners LLC is forging ahead with a controversial plan to convert its flagship hedge fund, Steel Partners II, into a publicly traded holding company in the face of opposition from shareholders calling for liquidation. The […]
Yen Drops as Report Says N. Korea Launched Short-Range Missile
Bloomberg – The yen declined to a two-week low versus the euro and weakened against the dollar after Yonhap News said North Korea launched a short-range missile, posing a threat to the region’s security. South Korea’s won fell for the […]