Category Archives: Syndicated
Emerging markets highly volatile, investors warned
LONDON (Reuters) – Investors were warned of the dangers of ploughing into the latest hot investment sector on Monday, after figures highlighted the volatility of emerging markets. They have topped the list of best-performing markets each year in the last […]
A $700 Million Hedge Fund, Down From $3 Billion, Says It Will
Archeus Capital, a highflying hedge fund that just a year ago had assets of $3 billion, told its investors yesterday that it would close. The closing of the fund, which was founded and run by two former bond traders from […]
Senior hedge fund exec to leave Lehman unit
NEW YORK, Oct 30 (Reuters) – Jolyne Caruso, among the most senior women executives in the hedge fund industry, is leaving Lehman Brothers as global head of its Absolute Return Strategies business by the end of the year, a Lehman […]
Quest for next Rooney lures hedge funds to soccer
Hedge funds have invested in wine, whiskey and movies in pursuit of returns that outpace stocks and bonds. Now they’re taking on an even riskier bet – the search for soccer’s next Wayne Rooney. For $470,000, investors will have the […]
Dave Kelly Entertainment Signs Deal to Exclusively Rep Cinema
BEVERLY HILLS, Calif.–(BUSINESS WIRE)–Dave Kelly Entertainment company has been retained as the exclusive financial advisors to the Cinema Finance Group, a private international fund representing investors from London, Zurich, Monaco and Dubai, and its newly created Entertainment Investment Fund, capped […]
Hedge funds’ use of credit derivatives a concern
SAN FRANCISCO (MarketWatch) — Hedge funds that don’t have much experience in the field may be using credit derivatives “inappropriately,” industry advisory firm Hennessee Group LLC said on Monday. Credit-default swaps, or CDS, are derivatives that provide insurance against a […]
Hedge Funds Without Managers?
Hartford Courant – Imagine hedge funds without brainy managers maneuvering artfully through short-lived market opportunities day in and day out. You might think the flashy hedge-fund arena could never evolve into this. But with about $1.2 trillion in assets, the […]
Morgan Stanley Investment Management Forms Strategic Alliance
NEW YORK–(BUSINESS WIRE)–Morgan Stanley Investment Management (MSIM) announced today that it has formed a strategic alliance with Avenue Capital Group, a leading New York-based investment manager with approximately $12 billion in assets under management. Under the proposed agreement, Morgan Stanley […]
M&A hedge funds set to hold sparkle into 2007
LONDON (Reuters) – Hedge funds that trade on opportunities from corporate takeovers are likely to perform strongly into 2007 as takeover activity surges, industry executives said. Merger and acquisition arbitrage funds are seen as likely to be among the hottest […]
Taking all ego out of investing in hedge funds
Chicago Tribune – Imagine hedge funds without brainy managers maneuvering artfully through short-lived market opportunities day in and day out. You might think the flashy hedge-fund arena could never evolve into this. But with about $1.2 trillion in assets, the […]
Neptune says no longer on acquisition hunt
LONDON (Reuters) – Neptune Investment Management is no longer actively looking to buy other funds as acquisition opportunities become scarcer and its organic growth improves, the fund boutique’s Finance Director Robert Warner said. Neptune, headed by Robin Geffen, bought four […]
RBC acquires Carlin to increase hedge fund clientele
Financial News Online US – RBC Capital Markets will acquire trading-system provider Carlin Financial Group in order to grow the investment bank’s reach with hedge funds. Greg Mills, global head of equity sales and trading for RBC, said the primary […]