Category Archives: Syndicated
Wittenham launches hedge fund for frontier markets
Reuters- Singapore’s Wittenham Investment Management launched a fund of hedge funds to invest in frontier capital markets such as Africa, Middle East and countries in the former Soviet Union. The MENA Plus fund would start with a minimum $7 million […]
Connecticut hedge fund scammer wants diploma
Newsday- A 23-year-old man convicted of running a hedge fund scam in Connecticut has filed a federal lawsuit against New York University, claiming the school owes him a diploma. Hakan Yalincak, an NYU undergraduate, was sentenced last year to 3 […]
Isle of Man hedge fund wins prestigious award
Isle of Man Today- An Isle of Man hedge fund has won a prestigious industry award on the third occasion it was shortlisted. Oceanic Hedge Fund was named Best Energy Hedge Fund on a Risk Adjusted Basis at the eighth […]
Citi Special Situations Team To Found Distressed Debt Hedge Fund
FINalternatives- Another pair of Citigroup fixed-income executives is to set up its own hedge fund shop. Jeff Jacob and John Humphrey, who run the global special situations group they established at Citi four years ago, will leave the firm in […]
Fund giants track property swaps
Reuters- Some of the world’s biggest property fund firms could eventually be tempted to trade property derivatives in a material way as long as the young market continues growing. However, listed property firms such as real estate investment trust (REITs) […]
Fortis gets $630 mln capital from Russian billionaire
U.S. Daily- Belgian-Dutch financial services group Fortis received $630 million in capital from Russian billionaire Suleiman Kerimov as part of its recent share issue, the Wall Street Journal said, citing people familiar with the matter. Fortis, which last week raised […]
Hedge fund fraud cover offered
Financial Times- When hedge fund manager and convicted fraudster Samuel Israel III disappeared this month, leaving nothing but the message "suicide is painless" scrawled in the dust on his car, you can be sure his life assurer did not pay […]
DWS hedge offers daily liquidity
Financial Standard- DWS Investments could well be one of the pioneers of a new era in hedge funds when it launched a new product that offers daily liquidity and pricing to retail investors. DWS Investments, Deutsche Bank’s global retail asset […]
Chinese fund manager wins Warren Buffett lunch
Reuters India- A Chinese fund manager has won a lunch with famed U.S. investor Warren Buffett after bidding $2.11 million for the opportunity in a charity auction, more than three times what the lunch fetched last year. Zhao Danyang, who […]
Foreign wealth pours into London’s hedge funds
Guardian.co.uk- Foreign sovereign wealth investors are targeting London’s hedge fund industry as they seek to boost returns on their vast savings, much of it generated from trade with the west in oil and other commodities. The hedge funds have seen […]
Fund giants track property swaps
Reuters- Some of the world’s biggest property fund firms could eventually be tempted to trade property derivatives in a material way as long as the young market continues growing. However, listed property firms such as real estate investment trust (REITs) […]
Hedge funds to back £4.5bn Barclays issue
Financial Times- Several of London’s largest hedge funds are backing Barclays’ £4.5bn ($8.9bn) capital increase, underscoring the complex roles they are playing in the recapitalisation of the UK banking sector. GLG Partners, Lansdowne, CQS and Och-Ziff have all agreed to […]