Tag Archives: glg-fund
RAB Capital Halts Redemptions on Second Fund This Year
New York (HedgeCo.Net) – One month after RAB was forced to revamp their flagship fund, the British hedge fund is halting redemptions on their Energy Fund. After losing more than 50% of its value this year, RAB has informed investors […]
Citadel resolves spat with JP Morgan
JP Morgan Chase & Co and Citadel Investment Group resumed trading with each other on Friday, one day after the bank had cut off the hedge fund over a hiring dispute, a person familiar with the matter said. "The dispute […]
Hedge Funds : Another Superman Falls to Earth
CNBC – Remember Superman the movie, where Lex Luther takes away the super hero’s powers with a Kryptonite necklace? Well we’re here again. Only this time it is the financial equivalent of the man of steel – the hedge fund […]
RAB Capital Hedge Fund Chief to Step Down
New York (HedgeCo.Net) – Philip Richards, head of hedge fund RAB Capital, is stepping down and will be replaced with Finance Director Stephen Couttie, according to a statement made by the company yesterday. Richards ran the $1.4 billion Special Situations […]
Hedge Fund Manager Will Bank Thanks to Reverse Takeover
New York (HedgeCo.Net) – Shareholders in Falkland Gold & Minerals have approved plans to buy Bahamas-based oil exploration company BPC after a unanimous vote yesterday. Philip Richards, head of the RAB Special Situations Fund that owns a 76 percent stake […]
Artemis snares prize manager ‘Rock Hard’ Ruth Keattch for flagship fund
Daily Telegraph – Ruth Keattch, the star fund manager nicknamed "Rock Hard Ruth", is to make a come-back with a move to Artemis, the activist fund manager with £14bn under management. Mrs Keattch, who earned a fearsome reputation at Deutsche […]
Northern Rock scars RAB Capital profits
Times Online- Hedge fund RAB Capital, one of the largest shareholders in Northern Rock when the bank was nationalised in February, this morning announced that its first half pre-tax profit had almost halved and assets under management had shrunk by […]
