Tag Archives: domicile
‘Goldfinger’ makes comeback with launch of $5bn hedge fund
Telegraph.co.uk – Mark McGoldrick, a former Goldman Sachs trader whose track record earned him the nickname ‘Goldfinger’ during his career with the Wall Street bank, is making a comeback with a new $5bn (£2.8bn) fund. McGoldrick, who famously earned $70m […]
LaSalle raises $3 billion Asia property fund
Reuters – LaSalle Investment Management has raised a $3 billion (1.64 billion pounds) "opportunity" fund for Asian property, saying it is interested in investing in Japan, China and South Korea. The fund management unit of property services firm Jones Lang […]
JPMorgan plans $1 bln Asia property spree
Reuters – JPMorgan plans to invest more than $1 billion in Asian real estate over the next three years, hoping to fill a gap as Indian and Chinese developers crave funds and rival investors recoil from property markets. The investment […]
Investments in Asia hedge funds halved
Reuters Singapore – Investors almost halved the money they put into Asia-focused hedge funds in the second quarter compared to the first three months of the year as a selloff in stocks hurt appetite for risky assets, data showed. Asia-focused […]
Hedge firm SAIL hires former Goldman exec as CEO
Reuters HK- SAIL Advisors Ltd, one of Asia’s largest homegrown fund of hedge fund managers, said on Wednesday it hired former Goldman Sachs Group Inc managing director Vincent Duhamel as its new chief executive. Hong Kong-based Duhamel will replace Eliza […]
Hedge funds do the Singapore sling
FT Alphaville- New figures from Singapore’s central bank bear out the (abundant) anecdotal evidence of the quickening exodus of Asia-focused hedge funds out of Japan and elsewhere and into Singapore. Reuters reports that assets managed by fund managers in Singapore […]
IFSL: Big Apple Biggest Home To Hedge Funds
FINalternatives- Global hedge fund assets under management increased 30% in 2007 to a record $2.25 trillion, according to a new International Financial Services report. Most of this growth was in the first three quarters, as market turbulence in the latter […]
SEC mounts attack on the rumor mill
Boston Globe- The Securities and Exchange Commission yesterday said that it and other regulators would begin examining rumor-spreading intended to manipulate securities prices. The timing of the announcement, made before the markets opened in Asia, was meant to warn broker-dealers, […]
Asian Funds Increase Use of Multiple Prime Brokers, Survey Says
Bloomberg- Asian hedge funds are increasing their use of multiple prime brokers after the U.S. subprime mortgage market collapse heightened the risk of relying on a single investment bank for brokerage services, an AsiaHedge survey found. Hedge funds that are […]
CQS hires Barclays executive to head Hong Kong trading
Reuters India- CQS has hired former Barclays Capital managing director David Kilgore as its head of trading in Hong Kong, part of a broader push by the $9.6 billion (4.9 billion pound) UK hedge fund manager to expand its presence […]
Asian Hedge Fund Assets Drop 10%
BusinessWeek- Assets invested in Asia-focused hedge-fund strategies fell about 10% in the first quarter of 2008, with industry assets under management plummeting from $110 billion to $100 billion, according to Chicago-based Hedge Fund Research. Net allocations to Asia-only strategies also […]
