Tag Archives: hedge fund
Investors expect better hedge fund terms
Stuff – Some of the biggest fund-of-fund investors expect hedge funds to lower management fees and introduce terms that let shareholders eventually claw back performance fees, The traditional take-it-or-leave-it stance in the hedge fund world is wobbling. Investors are demanding […]
Six exit hedge fund firm NewSmith in cost cuts
Reuters UK – NewSmith Capital Partners, one of the hedge fund firms to appear before a parliamentary committee investigating the UK banking crisis in January, has lost six staff as it cuts costs in a tough period for the industry. […]
TCI Cuts $1 Billion of Japanese Short Stock Positions
Bloomberg – The Children’s Investment Fund Management UK LLP, a $9.5 billion U.K. hedge fund, cut its short positions in Japanese stocks including Toshiba Corp. by almost $1 billion in less than two months, exchange filings show. The London-based fund, […]
FRSGlobal to Work With Hedge Funds On New Regulations
West Palm Beach (HedgeCo.net) – Hedge fund risk and regulatory compliance solutions provider, FRSGlobal, is preparing to work with the hedge fund industry to help it comply with the new wave of global regulations expected to be in place later […]
Abax to Open Tudor-Backed Macro Hedge Fund to Outside Investors
Bloomberg – Abax Global Capital Ltd., a Hong Kong-based asset manager part-owned by Morgan Stanley, plans to open a hedge fund backed by Tudor Investment Corp. to outside investors for the first time. The Abax Dymon Asia Macro Fund, which […]
Properties Searched in UK/Cayman Hedge Fund Investigation
West Palm Beach (HedgeCo.net) – The UK Serious Fraud Office, (SFO) Friday conducted searches on two residential properties (one in Kent, the other in Surrey) assisted by the City of London Police, in connection with its investigation into an alleged […]
Why Isn’t There A Hedge Fund Bailout?
Atlantic Online – For all the talk these last few years about the risks to investors of "secretive, unregulated" hedge funds, they certainly haven’t turned out to be the big problem, have they? Thousands of hedge funds lost, in the […]
Barakett sold most of fund’s U.S. stocks as markets declined
Tehran Times – Atticus Capital LP sold 23 of the 25 U.S.-listed stocks it owned in the first quarter as the New York-based hedge-fund firm run by Timothy Barakett put more money into cash while equity markets fell. Atticus sold […]
Hedge funds wary of US govt
Straits Times – Hedge fund executives at the conference said Mr Obama’s deal undercut bankruptcy court rules that have long given priority to secured lenders. The White House move and its combative stance with hedge funds may keep some managers […]
