Tag Archives: assets-under-management


Polar Capital managed assets fall 22 percent

January 16, 2009 : Permalink

International Herald Tribune – Fund manager Polar Capital Holdings said on Friday that assets under management in the nine months to December fell by 22 percent to $2.45 billion (1.65 billion pounds), due to market deterioration. The fund manager, which runs […]

HK Fund to team up with Paulson Hedge Fund in Offshore Launch

January 16, 2009 : Permalink

West Palm Beach (HedgeCo.net) – One of Hong Kong’s largest independent financial institutions, Sun Hung Kai Financial, is teaming up with hedge fund Paulson & Co, launching a distressed asset investment fund, according to a Reuters report. John Paulson will […]

Millennium Outsources all Fund Managment to GlobeOp

January 8, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Millennium Management LLC, a global multi-strategy investment management firm with over $11 billion in assets under management, has outsourced fund administration to hedge fund manager GlobeOp Financial Services. GlobeOp became administrator of record for all […]

Hedge Fund Manager Waives Managment Fees

January 5, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Renaissance Institutional Futures, a $3 billion futures fund run by hedge fund management company, Renaissance Technologies, has waived all it’s management fees for 2009, even if the fund delivers good results in 2009, according to […]

Hedge funds bet on regulations

January 5, 2009 : Permalink

The Washington Times – Hedge-fund managers say Bernard L. Madoff may succeed where Christopher Cox failed: forcing regulation of their $1.5 trillion industry. Mr. Madoff’s purported bilking of investors by up to $50 billion begins to uncover a part of […]

UK hedge fund GAM tightens redemption controls

December 26, 2008 : Permalink

Reuters – British fund manager GAM on Wednesday said it had moved to restrict investor redemptions to once a quarter rather than once a month in its funds of hedge funds amid turmoil in the industry. A spokeswoman for GAM, […]

Canada’s Sceptre Hires NY Hedge Fund Manger FGG

July 21, 2008 : Permalink

West Palm Beach (HedgeCo.Net) New York-based Fairfield Greenwich Group ("FGG"), a $16.6 billion global hedge fund and fund of hedge funds management firm has formed a cooperative venture with Sceptre Investment Counsel Limited, one of Canada’s leading independent money management […]

Seeder Pulls Out, New York Hedge Fund to Liquidate

June 20, 2008 : Permalink

New York (HedgeCo.Net) – New York hedge fund Manhasset Capital will start the liquidation process later this month after the decision was made by the fund’s seeder to pull out their $100 million initial investment.    A spokesperson for Fairfield […]