Tag Archives: hedge fund
Avenue Capital nears deal for China medical firm
Reuters – Hedge fund Avenue Capital is in the final stages of talks to buy a Chinese medical equipment company backed by a unit of Citigroup Inc in a deal worth over $100 million, sources familiar with the situation said […]
Salus Alpha’s perspective on UCITS III Hedge Funds
New York (HedgeCo.net) – Salus Alpha issued a statement regarding the reinvention of the hedge fund sector since last year’s crisis. “UCITS Hedge Funds” are known as a new and innovative concept, but the strategy actually goes back to 2002 […]
RBC Hedge 250 Index returned 2.20% in September 2009
New York (HedgeCo.net) – RBC Capital Markets reported today that the RBC Hedge 250 Index(R) had a net return of 2.20% for the month of September 2009. This brings the year-to-date return of the Index to 17.44%. These returns are […]
UBS Approached by 50 Potential Hedge-Fund Startups
Bloomberg – UBS AG, the largest Swiss bank, has been approached by about 50 potential hedge-fund startups in the Asia-Pacific region as the industry recovers from record losses in 2008. “We are tracking 50 different groups across Asia-Pacific who are […]
Conseco shares soar on hedge-fund investment
Indianapolis Business Journal – Wall Street loves Conseco Inc.’s deal to get a $278 million shot in the arm from a New York hedge fund. Shares of the Carmel-based life insurer soared as much as 26 percent, to $6.30 apiece, […]
High water marks still haunt hedge funds
Reuters – Hedge funds have rallied from last year’s stunning losses, yet hundreds of managers remain deep in the hole and face some tough decisions in the coming weeks. The fund industry suffered one of its worst years ever in […]
Geithner Aides Reaped Millions Working for Banks, Hedge Funds
Bloomberg – Some of Treasury Secretary Timothy Geithner’s closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure forms. […]
Hedge fund Coupland Cardiff Asset Management threatens to quit London over EU’s Directive on Alternative Investment Fund Managers
Telegraph.co.uk – Coupland Cardiff’s chief operating officer Deborah Boyce said: “As we invest exclusively in Asia, this Directive will mean that we have no choice but to relocate outside of the EU should we wish to continue to operate.” She […]
Wealthy Investors Still Like Hedge Funds But Are More Discerning
FP – “We see continued dedication to hedge funds,” Catherine Keating, chief executive of JP Morgan Chase’s private bank, told Reuters. “The things our clients are focused on are how does that hedge fund generate its returns? How much is […]
Russians gripped by YouTube video claims of government role in hedge fund scam
Guardian.co.uk – Thousands of Russians are watching a YouTube video that accuses their government and officials of high corruption. A Russian version of a video by Hermitage Capital, the London-based hedge fund claiming to be victim of a $230m (£146m) […]
Shell Fund to Expand Alternative Investments
Wall Street Journal – One of the U.K.’s biggest pension plans is moving forward with a strategy to invest hundreds of millions of pounds in alternative assets, potentially including hedge funds for the first time. The £10.6 billion ($16.8 billion) […]
Hedge fund chief joins the great survivors
TimesOnline – Philippe Jabre spent much of last October and November flying economy. Times were tough as he tried to convince investors not to pull their money out of his hedge fund. When he was not in the air, Jabre […]
