Tag Archives: asian-markets
Brummer & Partners Asia Hedge Fund Launch
HedgeCo.net (West Palm Beach) – Swedish hedge fund manager, Brummer and Partners, is expanding its offering of hedge funds by launching Karakoram, a new long-short Asia fund today. The new hedge fund will take both long and short positions in […]
NY gov. seeks tax hike on hedge funds, luxury goods
Reuters – U.S. Treasury debt prices jumped on Tuesday, pushing the benchmark note’s yield down to fresh five-decade lows, after the Federal Reserve slashed interest rates near zero and vowed to extend its quantitative easing measures. In an unprecedented move, […]
Asian stock markets rebound from early lows
The Olympian – Asian stock markets turned in a mixed performance Friday, but most recoiled from their lows despite a grim profit forecast from Toyota and sluggish U.S. economic data. European markets opened higher. <a href="http://ad.doubleclick.net/click%3Bh=v8/3771/3/0/%2a/m%3B206972556%3B0-0%3B6%3B21053753%3B4307-300/250%3B27904097/27921976/1%3B%3B%7Esscs%3D%3fhttp://altfarm.mediaplex.com/ad/ck/9273-64089-6172-3?mpt=7042861"> <img src="http://altfarm.mediaplex.com/ad/bn/9273-64089-6172-3?mpt=7042861" alt="Save Some […]
Hedge Fund Boxers Forget Market Woe, De-Stress at Charity Fight
Bloomberg – At 5-foot-4 and 48 years, Nissim “The Miracle” Tse is the shortest and oldest of 34 boxers signed up for this year’s Hong Kong Hedge Fund Fight Nite. Calling himself “a financial warrior,” Tse likens boxing to his […]
Hedge fund firm GAM planning distressed fund
Reuters – GAM, the hedge fund firm owned by Julius Baer AG, is preparing to launch a distressed debt fund of funds after watching asset prices reach "extreme levels", a company letter seen by Reuters said. In a letter to […]
Paulson Wants a Say in Hedge Fund Breakdowns
New York (HedgeCo.Net) – Treasury Secretary Henry Paulson outlined a plan yesterday that may give some power to the U.S. government when hedge funds come to the end of the road. Paulson said that in the event of trouble, he […]
Florida ABL Hedge Fund to Launch This Month
New York (HedgeCo.Net) – Jacksonville, Florida-based Advantage Capital Equity Solutions is set to unveil its new asset based lending hedge fund at the end of this month according to an article published in FINalternatives. The Advantage Capital Equity Fund II […]
FSA moves to make hedge funds disclose CfDs
Independent- The UK’s financial watchdog has targeted hedge funds for the second time this month, demanding more disclosure for those trying to build anonymous stakes in companies using a complex derivative, in a bid to combat market failure. The move […]
Schroders China JV to launch first overseas fund
BEIJING (Reuters) – Bank of Communications Schroders Fund Management Co is aiming to raise up to 1 billion yuan for its first overseas fund later this month, despite sliding global financial markets, two company sources said. Poor market conditions have […]
Iraq Hedge Fund Up In May, Considers Soft Close
FINalternatives- Godvig Capital’s Iraq-focused Babylon Fund finished May up 2.7%, bringing its year-to-date gains to 5.2%. The fund’s portfolio included stakes in hotels, banks and breweries last month, according to portfolio manager Björn Englund, who said he has been solicited […]