Tag Archives: hedge-fund-manager
D.E. Shaw, Hedge Fund Manager, Gets Permit to Operate in Dubai
Bloomberg – D.E. Shaw & Co., the $29 billion investment firm run by David Shaw, said the Dubai Financial Services Authority granted its Middle East unit a license to operate from the Dubai International Financial Centre. The firm aims to […]
Swedbank Robur Reduces Fund of Hedge Fund Fees
New York (HedgeCo.net) – Scandinavian fund of hedge fund manager, Swedbank Robur announced that it is lowering fees by .2% to .4% on its 5 funds, effective October 1st. “These reductions are in line with our ambition to offer an […]
Hedge fund eyes gold at $1,600
Reuters – The price of gold could rise as high as $1,600 an ounce as investors opt for assets with lasting value rather than volatile currencies, says one hedge fund manager who has increased his exposure to the precious metal. […]
AR Capital’s Connelly Seeks to Grow Hedge Fund to $250 Million
Bloomberg – AR Capital Management, a hedge-fund manager run by two former Goldman Sachs JB Were Ltd. bankers, aims to more than triple the size of its Australian equities long-short fund. The Ascot Long Short Equity Fund, which trades Australian […]
MF Global Starts Japan Brokerage to Fill ‘Gap’ as Rivals Exit
Bloomberg – MF Global Ltd., the securities firm spun off from the largest publicly traded hedge-fund manager, is opening a brokerage in Japan to take advantage of a void left by rivals exiting the world’s No. 2 equity market. The […]
Smart Money Analysis-Paulson’s AngloGold bet points to inflation
Reuters – Billionaire hedge fund manager John Paulson’s big stake in AngloGold Ashanti is a strand of his heavy exposure to gold and not designed to gain from the slim chance of a merger bid. Before making billions of profits […]
Harbinger Capital, SAC Capital and Crestwood Advisors add Industry Veterans
Hedgetracker – In this week’s hedge fund hire report, we look at firms that have recently added industry veterans to their teams. The investment firms covered in this report include: Harbinger Capital, SAC Capital Advisors and Crestwood Advisors. First off […]
Goldman Sachs Wrong on Economic Recovery, Macro Hedge Funds Say
Bloomberg – Paul Tudor Jones, the billionaire hedge-fund manager who outperformed peers last year, is wagering that Goldman Sachs Group Inc. and Morgan Stanley got it wrong in declaring the start of an economic recovery. Jones’s Tudor Investment Corp., Clarium […]
Bluenose Launches Capital Market Neutral Hedge Fund
West Palm Beach (HedgeCo.net) – Hedge fund manager, Bluenose Capital Management Ltd. is launching the Bluenose Capital Market Neutral Fund, aimed at accredited and professional investors. Going live on October 1st, 2009, the new fund will employ a proprietary factor-based […]
John Paulson buying Citigroup shares: report
Reuters – Hedge fund manager John Paulson, who bet against financial companies after foreseeing the credit crisis, has been buying Citigroup Inc <C.N> shares over the past few weeks, the New York Post reported, citing sources. Paulson bought around a […]
Pinpoint Funds Beat Peers With China Stocks, Convertible Bonds
Bloomberg – Pinpoint Investment Advisor Ltd., a hedge fund manager of $560 million, returned as much as four times its Asian peers this year through July with profits from a rebound in Chinese stocks and debt securities. The $70 million […]
Abax to Follow Blackstone, CLSA With China Private Equity Fund
Bloomberg – Abax Global Capital Ltd., a Hong Kong-based hedge fund manager backed by Morgan Stanley, plans to start a private equity fund in China that invests in companies making environmentally friendly products such as clean energy. The yuan-denominated fund […]
