Tag Archives: assets


State Street to administer Caxton hedge funds

June 26, 2009 : Permalink

Boston Globe – State Street Corp., which specializes in serving institutional investors and wealthy customers, said Thursday it has been selected to provide hedge fund administration services for about $6 billion in assets advised by Caxton Associates. State Street’s hedge […]

Millionaires’ club sees record drop

June 25, 2009 : Permalink

Globe and Mail – The ranks of the world’s millionaires shrank at the fastest rate in 2008, with North America suffering the biggest wealth loss worldwide, according to a survey by Capgemini SA and Merrill Lynch & Co. The global […]

China Should Buy Gold to Hedge Dollar Fall: Researcher

June 25, 2009 : Permalink

CNBC – Li Lianzhong, who heads the economic department of the Party’s policy research office, said China should use more of its $1.95 trillion in foreign exchange reserves to buy energy and natural resource assets. Speaking at a foreign exchange […]

SEB fund arm plans credit hedge fund

June 24, 2009 : Permalink

Reuters – The fund management arm of Swedish banking group SEB is planning to launch a global credit hedge fund in the autumn to take advantage of mis-pricing opportunities in the credit markets. Peter Branner, global head of investment management […]

Sumitomo Trust Finance to Start New Japan-Focused Hedge Fund

June 23, 2009 : Permalink

Bloomberg – Sumitomo Trust Finance (H.K.) Ltd., the asset-management unit of Japan’s fifth-biggest bank, will start a new multi-strategy hedge fund that invests in Japanese stocks, index options, futures and credit-default swaps. The Tactical Equity Concepts-Japan Fund, also called TEC- […]

SEC’s Aguilar urges tougher hedge fund regulation

June 19, 2009 : Permalink

Reuters – A Democratic member of the Securities and Exchange Commission called for stricter supervision of hedge funds, particularly large funds that have an impact on the broader financial markets. Luis Aguilar said the market turmoil of the past year […]

Hedge funds crawl back to life

June 18, 2009 : Permalink

Reuters – Hedge funds are crawling back to life after a turbulent 2008 that has almost halved their assets, and fewer but stronger survivors are set to regain their leverage to chase bargains in a less competitive environment. Hedge funds, […]

Ex-Insight managers launch multi-asset firm

June 16, 2009 : Permalink

MONACO (Reuters) – Former Insight Investment fund managers Patrick Armstrong and Ana Cukic-Armstrong have launched a new fund management business that will invest in a broad range of assets and seek to beat inflation. The firm, Armstrong Investment Managers, will […]

Hedge-Fund Startups Sprout as Roc Gathers $1 Billion

June 16, 2009 : Permalink

June 16 (Bloomberg) — Arvind Raghunathan , former head of Deutsche Bank AG’s global arbitrage business, will open his new hedge-fund firm next month with more than $1 billion, a sign that investors are trickling back after record losses last […]

Hedge Fund Trends: Icahn Buys Casino, Paulson Likes Distressed Debt

June 16, 2009 : Permalink

We recently learned of two major hedge fund transactions that we thought were worth highlighting here on the blog. Firstly, John Paulson is at it yet again. The prominent hedge fund manager has been in the media a lot recently […]

Barclays and BlackRock: Passive-Aggressive

June 15, 2009 : Permalink

Barrons – A big question surrounding BlackRock’s $13.5 billion purchase of Barclays Global Investors, including its iShares exchange-traded-funds business, is how effectively a passive management group can work with an active one. The combined firm will have more than 9,000 […]

Hedge Funds Post Best Performance Since February 2000

June 12, 2009 : Permalink

Bloomberg – Hedge funds returned an average 5.2 percent in May, the best performance in more than nine years, as they attracted more money and global markets rallied, Eurekahedge Pte said. The Eurekahedge Hedge Fund Index, tracking more than 2,000 […]