Category Archives: Syndicated

Citigroup hedge fund chief set to depart

Dean Barr, head of Citigroup’s hedge funds unit, is expected to leave the group following the appointment last week of former Morgan Stanley executive Vikram Pandit to head Citigroup Alternative Investments. Mr Barr, a former chief investment officer at Deutsche […]

Vanguard program draws hedge fund shares

Boston – Hedge fund shares fast are becoming an important source of new donations for the Vanguard Charitable Endowment Program. OAS_RICH(“Middle”); <a href=”http://oas-central.realmedia.com/RealMedia/ads/click_lx.ads/www.investmentnews.com/article/70416007/15620892959/493840214/Middle/crain/INO_COMMONWEALTH_LREC_ROS_0107/IN_omnibus.html/64313363623166313435633761366230?http://www.commonwealth.com/email_campaigns/ads/Commonwealth_trans_406.asp” target=”_blank”><img src=”http://a248.e.akamai.net/6/800/1129/1171490010/oascentral-s.realmedia.com/RealMedia/ads/Creatives/crain/INO_COMMONWEALTH_LREC_ROS_0107/IN_omnibus.jpg” width=336 height=250alt=”Click Here” border=0></a> Over the past 15 months, the $1.62 billion donor-advised fund founded […]

Hedge fund executives doubt shorting value in Asia

Hong Kong – The high cost of shorting stocks and a bull run in Asian markets for much of this decade means many of the region’s long/short equity hedge fund managers have delivered on only half their promise to investors. […]

G7 Finance Officials To Meet Hedge Fund Chiefs

Hedge-fund managers planned to meet finance officials from the world’s seven leading economies at the weekend, spurred by a German campaign for tighter regulation of the industry’s risks. The growing role of loosely regulated hedge funds in financial markets has […]

American hedge fund trader shrugs off Enron scandal to earn £2.7m a …

A Texan energy trader who emerged from Enron’s ashes, John Arnold, has been crowned as the new king of the hedge fund world with personal earnings of close to £1bn last year after a spectacularlysuccessful bet on the direction of […]

Light hedgefund rules OK – Bernanke says

New York –  Federal Reserve Chairman Ben S. Bernanke said that a “light regulatory touch” on hedge funds is justified because of the incentives that investorsand creditors have to monitor risks. “Because hedge funds deal with highly sophisticated counterparties and […]

Registration not only way for hedge funds

New York – There may be ways for U.S. lawmakers to keep a closer eye on hedge funds, the loosely regulated portfolios, without forcing them to register with the government, hedge fund manager and short seller James Chanos said on […]

Hedge fund LBO alliances deepen

New York- The growth of hedge funds and private equity firms from small shops into major institutions has broadened their reach across the globe and deepened their old arms-length relationship in the process. Once viewed as alpha animals trampling distinctly […]

New York is the leader but London is catching up fast

New York still dominates the hedge fund industry but London is beginning to snap at the heels of its rival. Hedge funds were, of course, an American invention but – despite what was widely seen as a crackdown last year […]

Wall Street eclipsed as five hedge fund managers join the $1bn club

It is AGM season in the US and, as ever, boardroom pay tops the agenda at many shareholder meetings. Rebel investors in the finance giant Morgan Stanley, for example, were trying to push through a “say on pay” resolution yesterday […]

Hedge funds hit the spot in Japan

Investing in hedge funds by wealthy Japanese more than doubled in the year to last March, according to an authoritative survey from Japan’s financial watchdog, reports the FT. The report, issued this week by the Financial Services Agency, also showed […]

Hedge fund firm Odey eyes pension assets

London – Odey Asset Management, the hedge fund firm set up by high-profile manager Crispin Odey, plans to launch a range of new funds and hopes to capitalise on growing demand from pension schemes, its chief executive told Reuters. David […]