Tag Archives: europe
Jean-Pierre Aguilar, Head of French Fund, Dies
New York Times – Jean-Pierre Aguilar, a pioneer in hedge fund investing in Europe and chief executive and co-founder of Capital Fund Management, died in a gliding accident over the weekend, the company said in a letter to investors Sunday. […]
Ex-Lehman Trader to Start Credit Hedge Fund as Banks Pare Risks
Assan Din, a former Lehman Brothers Holdings Inc. credit trader, is setting up a hedge fund to trade corporate bonds and derivatives in Asia. SaKa Capital’s fund, which will have a capacity of more than $500 million, will start in […]
Hedge funds head for bumper first half
Times Online – Hedge funds are on course to deliver their best first-half performance in a decade, as investors renew their faith in the sector in the wake of last year’s calamitous losses. Hedge funds worldwide returned 5.63 per cent […]
Monier lenders approve restructuring deal
Reuters India – Lenders to French roofing company Monier Group have approved a restructuring deal that sees a group of debt investors take control of the company, a source with knowledge of the situation said on Thursday. The deal is […]
Asia Hedge Funds on ‘Radar’ After Beating Peers, Citigroup Says
Bloomberg – Asian hedge funds are attracting growing interest from investors as managers focusing on the region outperform global peers, said Andrew Hill, director of prime finance for Asia-Pacific markets at Citigroup Inc. “There are pockets of proprietary money looking […]
Hedge Fund Managers Switch Strategies and Reap Rewards
New York Times – In mid-March, with the global stock markets plunging, Philippe Jabre, a hedge fund manager based in Geneva, started buying bombed out financial stocks in the United States, Europe and Asia. A procession of sleepless nights followed […]
Absolute Returns Focus: CF KB Endeavour Absolute Return A
Citywire.co.uk – To analyse all of Europe’s absolute return funds on a variety ofg risk-return measures and see a comprehensive league table of performance visit our new zone here The CF KB Endeavour Absolute Return fund slipped into negative territory last […]
Bill Miller Not Dead Yet With Value Funds Burying Quants in ’09
Bloomberg – Companies with the most debt and lowest returns on assets are turning the biggest six-week rally in stocks since 1938 into a bloodbath for last year’s best- performing trading strategy. Investors in so-called quantitative momentum funds — which […]
World stocks head for 6th week of gains
Reuters – World stocks steadied on Friday but were still on track for a sixth consecutive week of gains, while the euro fell on worries about the region’s prospects. MSCI‘s main world stock index was flat despite modest gains in […]
Long and short funds merge to ride crisis
Financial Standard – The financial crisis could bridge the gap between diametrically opposed asset managers with more hedge funds merging with long-only funds to slash operational costs, predicts consultancy firm Accenture. Mark Halverson, global executive partner, wealth & asset management, […]
GLG hedge fund executives reduce their salaries to $1
Financial Times – The top three executives at GLG Partners, until recently Europe’s biggest hedge fund, have cut their salaries to $1 (69p) as the global financial turmoil puts pressure on senior managers to waive their pay. Noam Gottesmann and […]
