Category Archives: Syndicated

Hedge fund group Lasair hires investment officer

Reuters – Lasair Capital, a hedge fund industry newcomer that boasts General Electric Co as its blue-chip backer, said on Tuesday that it has hired a senior investment officer to help put $180 million to work. Carrie McCabe, who founded […]

Swiss hedge fund industry to grow as crisis bites

Reuters UK – Switzerland’s fledgling hedge fund industry is set for strong growth in the coming years as the credit crisis forces the industry to focus on lower-cost centres and the country aims to lure managers back from London. Lower […]

Hedge funds see huge outflow of money, $210 bn

Commodity Online – Steep performance losses and record investor capital redemptions reduced the size of the hedge fund industry by $210 billion in 3Q08. This represents the largest historical quarterly decline in assets, according to data released the other day […]

Buyout, Hedge Funds Will Be Next Dominos to Drop: Matthew Lynn

Bloomberg – If Sherlock Holmes were analyzing the credit crunch, he would be drawing our attention to the dog that didn’t bark, just as he did in “The Hound of the Baskervilles.” The dog, of course, would be hedge and […]

Hedge funds weigh future as investors pull money out

The Australian – David Gray, UBS’s head of prime services in the Asia-Pacific, says:  "In the next three months, people will make decisions about whether they want to continue their business that may prove uneconomic for them," Hong Kong-based Mr […]

Short selling ban upsets hedge funds

ninemsn – The corporations watchdog has extended a ban on covered short selling in the local equities market by at least another month because market conditions continue to be difficult. But a group representing hedge funds, which are high volume […]

Gottex hedge funds impacted by high redemptions

Hedge Funds Review Magazine – Troubled Swiss-based alternative asset management group Gottex Fund Management Holdings said assets under management (AUM) were down over $2 billion to $13.5 billion at September 30, 2008, compared with $15.6 billion at June 30, 2008. […]

Hedge funds down but not out

National Post – With strategy-wide net outflows of more than US$31-billion in the third quarter – the largest net capital redemption in the industry’s history – things aren’t looking too good for the hedge fund industry. Its size also fell […]

Stock Manipulation Probe Launched After Prices Spike

Bloomberg – U.S. regulators are investigating whether investors manipulated end-of-day stock prices to avoid being forced by their brokers to sell holdings. These gaps, which caused the Dow Jones Industrial Average to swing as much as 104 points this month […]

Hedge funds slam ban extension

Financial Standard – The hedge fund industry has condemned the Australian Securities and Investments Commission’s (ASIC) decision to extend the ban on short selling on non-financial stocks, declaring it will have "severe and immutable long-term effects". ASIC extended the ban […]

How Nat the ex-playboy is set to become a central character in Tory Corfu holiday saga

Daily Mail – One of the most beguiling questions in the Mandelson-Deripaska affair is how did Nat Rothschild become a central figure? The answer is in the way the 37-year-old scion of the banking dynasty does business. Rothschild has enviable […]

Reputations and friendships at risk in tit-for-tat allegations

Times Online – The verdant olive groves of northeastern Corfu, which obscure the stuccoed villas and the view of yachts moored along the coast, are not a world used to celebrity attention. This is precisely why they are a regular […]