Thomson Financial- Major French financial services group Societe Generale plans to establish in Japan an asset management company specializing in hedge funds and other sophisticated investments totap expected demand growth, the online Nikkei business daily reported Saturday. It quoted Societe […]

Financial Times- Hedge funds and private equity have one big thing in common. Both charge whopping fees – typically 2 per cent of assets under management (AUM) and 20 per cent of investment profits.Otherwise, the differences are huge. Private equity […]

Reuters- As subprime worries wreak havoc in the U.S. housing market, Mexican mortgage-backed bonds are attracting growing interest from foreign hedge funds. Some international investors, who previously shunned the Mexican mortgage market because of its relatively small size, are beginning […]

CNNMoney.com- Hedge funds will come under scrutiny next week when two separate House panels hold hearings on the government’s oversight of the lightly regulated industry. House Financial Services Committee Chairman Barney Frank, D-Mass., on Thursday said he will hold a […]

Reuters- New Star Asset Management said on Wednesday it was planning to launch a property securities hedge fund in the last quarter of 2007 with a capacity to short as well as buy the market. New Star (NSAM.L: Quote, Profile, […]

Bloomberg- UBS AG, buffeted by three quarters of declining earnings and losses at one of its hedge funds, replaced Peter Wuffli as chief executive officer of the world’s biggest money manager. Marcel Rohner, the Zurich-based company’s deputy CEO, will succeed […]

MSNBC- Investment banks are demanding more capital to back loans to hedge funds investing in US subprime mortgage-linked debt, as they try to head off a repeat of the near-collapse of two Bear Stearns hedge funds. The “haircut”, or margin […]

Reuters- United Capital Asset Management said on Tuesday it will continue operating its Horizon Strategy group hedge funds that invested in subprime-mortgage bonds after temporarily halting paymentsto investors. The company said it received an unusually high number of redemption requests […]

MSN MoneyCentral- Renaissance Technologies, one of the world’s biggest and best performing hedge fund groups, plans to launch a managed futures fund with a capacity of $25bn, an unusual foray into aninvestment strategy that has been underperforming. Renaissance was founded […]

Reuters Life- United Arab Emirates investment firm Forsa is hoping to tap the largely overlooked market of wealthy Gulf Arab women with the launch of funds worth 250 million dirhams (34 millionpounds) open to female investors only. Women in the […]

Reuters- KKR & Co., the prominent U.S. buyout firm that pioneered the leveraged buyout industry, filed with regulators on Tuesday to raise up to $1.25 billion (620 million pounds) in an initialpublic offering. The planned IPO follows last month’s high-profile […]

Asian Investor- ABN Amro and Kenmar team up to create a range of hedge fund products focused on the sustainable investment sector. ABN Amro is set to create a series of structured fund products built around a fund of hedge […]