Times Online – LONDON is steadily eroding America’s dominance in hedge funds, with the City now home to a fifth of fund assets under management, according to International Financial Services London(IFSL). As London’s share of global assets has doubled in […]

AUSTRALIA’S equity hedge funds bested the broad market and their struggling international peers last year – returning 17.47 per cent on average, according to figures recently published by LCA Publications in its Australia Hedge Quarterly. That return not only beat […]

IPE.com – Bayerische Versorgungskammer (BVK), Germany’s largest pension fund with €38bn in assets, plans to raise allocations to hedge funds to €1bn by the end of 2006 – from €150m currently. In late 2004, BVK decided to begin investing in […]

Atlanta Journal Constitution – In a day that should have been stuffed with scrapbook memories for Calvin Paris, he met the man who has turned his life into a cautionary tale. Among the guests at his son’s wedding was Kirk […]

Black Enterprise – Hedge fund assets managed from London grew 18% to US$225 billion, making the U.K. capital one of the industry’s fastest-growing centers, according to the 2006 edition of the International Financial Services, London hedge fund report. This news […]

ForbesShare prices closed mildly lower after the market pulled back from record highs reached yesterday as investors consolidated positions, dealers said. They said oil stocks were responsible for much of the pull back but leading miners BHP Billiton and Rio […]

Reuters – A Delaware court late Friday dismissed a lawsuit filed by hedge fund Highland Capital Management LP against Motient Corp. (MNCP.PK: Quote, Profile, Research) directors and other defendants, claiming breach of fiduciary duties and other charges, Motient said on […]

TheStreet.com – Want exposure to hedge funds without investing directly in one? Need access to the alternative asset class while at the same time preserving capital? The answer may be a structured product, a semi-exotic investment instrument in which a […]

Forbes – Michael Carpenter, once a contender for the chief executive’s job at Citigroup, is quitting the company in May to start an alternative investments venture. Carpenter, 58, has been head of Citigroup Alternative Investments since getting shoved aside as […]

Scotsman – THE City’s financial watchdog will this week pave the way for hedge funds to be sold to small investors. It is currently illegal to market hedge funds to ordinary investors in Britain, but the Financial Services Authority is […]

Bloomberg – Vikram Pandit and John Havens, former top executives at Morgan Stanley, plan to open a hedge fund next month after raising at least $2 billion from investors, said three people with knowledge of the decision. Old Lane LLC […]

Reuters – A growing recognition that convertible bonds are cheap combined with the busiest month for merger activity since early 2000 to boost hedge fund performance in February, Standard &Poor’s said on Thursday. S&P’s overall hedge fund index returned 0.8 […]