Tag Archives: hedge fund


Japan’s First Short-Biased Hedge Fund Bets Exporters Will Fall

June 4, 2009 : Permalink

Bloomberg – Alphex Investments Co., the adviser to Japan’s first short-biased hedge fund, plans to sell exporters’ shares, wagering they’ll fall on a rising yen and weak global economy, boosting the fund that started in March. “What we’re seeing right […]

Hedge fund proposal dies in legislature

June 4, 2009 : Permalink

Stamford Advocate – Although it had bipartisan support, a bill requiring hedge funds operating in Connecticut to disclose conflicts of interest to investors died in the House of Representatives Wednesday, the final day of the 2009 legislative session. "It ‘blew […]

Brevan Howard posts 503 million pound profit

June 3, 2009 : Permalink

Reuters – Brevan Howard Asset Management, Europe’s biggest hedge fund firm, made an operating profit of 503 million pounds in the year to July 2008, helped by strong performance from its flagship fund. According to a regulatory filing the firm, […]

JPMorgan to break up unit’s hedge fund

June 3, 2009 : Permalink

Reuters – JPMorgan Chase & Co plans to shut down its Principal Investment Management Group’s hedge-fund business and private-equity division, with the exception of a team that focuses on Asia, Bloomberg said, citing two people familiar with the plan. Bob […]

Bowne and HedgeOp Join Forces to Launch Hedge Fund Compliance Software

June 3, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Bowne & Co., Inc. has signed an alliance with HedgeOp Compliance to offer two new compliance solutions for hedge funds and other registered investment advisers. The first of the hedge fund tools, ‘Bowne ComplianceTrak’, is […]

Paulson & Co Hedge Fund Files 13G on anglogold Ashanti

June 3, 2009 : Permalink

Seeking Alpha – While John Paulson’s position in AngloGold Ashanti (AU) is no secret, his hedge fund has just filed a 13G with the SEC with regard to the position. Paulson & Co has disclosed a 12.1% ownership stake in […]

Hedge fund firm ISAM hires ex-RAB director Barker

June 3, 2009 : Permalink

Reuters – International Standard Asset Management, the hedge fund firm headed by former Man Group chief executive Stanley Fink, has hired former RAB Capital director Rod Barker to help build the business. Barker, who resigned from RAB at the end […]

Et-China soars after Kuoni buys hedge fund’s 31.8 pct stake in company

June 3, 2009 : Permalink

Proactive Investors UK – Shares in Et-china.com International Holdings LTD (AIM: ETC) got an enormous boost today from news that Kuoni Travel Holding Ltd has bought the 31.8 percent stake in the company that was held by hedge fund Gandhara […]

Hedge Fund Expert to Run ATC’s Cayman Operations

June 2, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Ali Mudeen has joined hedge fund provider ATC Group as managing director of its Cayman Islands operations. Mudeen will oversee and build the firm’s Private Clients and Corporate Services practices in the region, as well […]

No hedge fund now poses systemic risk-LTCM partner

June 2, 2009 : Permalink

Guardian.co.uk – No single hedge fund today poses a systemic risk to the global financial system, said a former partner at Long Term Capital Management (LTCM), as lawmakers continue to hammer out rules to control the industry. Even though many […]

NZ firm debuts high-risk inflation hedge fund

June 2, 2009 : Permalink

Alibaba News Channel – Hedge fund firm 36 South said on Monday it had launched a "high risk/high return" fund designed to protect investors’ portfolios against a surge in global inflation. The Excelsior fund will target returns of five times […]

Fairfield Sentry sues hedge fund over Madoff fees

June 2, 2009 : Permalink

Greenwich Time – Fairfield Sentry Ltd., seeking to recover more than $919 million in fees related to investments involving Bernard Madoff, sued the Fairfield Greenwich Group hedge fund that lost $7 billion in Madoff’s fraud. Fairfield Sentry, based in the […]