Tag Archives: investment-management
Hedge-Fund Guy Points Toward Z-Shaped Recovery
Bloomberg – Dear investor, our statutory obligations demand that we update you on how well we’ve taken care of your money here at Coin-Toss Investment Management. Attached to this missive is a picture illustrating our fund’s performance this year, showing […]
SEB fund arm plans credit hedge fund
Reuters – The fund management arm of Swedish banking group SEB is planning to launch a global credit hedge fund in the autumn to take advantage of mis-pricing opportunities in the credit markets. Peter Branner, global head of investment management […]
Colonial Seeks Hedge Fund to Join Gore, 452 in Alliance Stable
Bloomberg – Colonial First State, Australia’s biggest asset manager, may seek an alliance with a hedge fund to offer customers a strategy capable of profiting in rising or falling markets. The manager of about A$130 billion ($103 billion) has A$4 […]
Flowering Tree to Grow Hedge Fund in ‘Fertile Environment’
Bloomberg – Flowering Tree Investment Management Pte, set up by the co-founder of New York-based Sansar Capital Management LLC, plans to grow its Asian equities hedge fund by about 20 times its starting capital within the next two years. The […]
Fairfield Sentry sues hedge fund over Madoff fees
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 […]
Pimco’s Gross Says Harvard, Yale May Need to Alter Investments
Bloomberg – Yale University and Harvard University may have to cut investments in hedge funds and private equity because the risks of holding the hard-to-sell assets outweigh the returns, said Bill Gross, co-chief investment officer of Pacific Investment Management Co. […]
AIG’s asset management division gets bidders: report
Washington Post – About half a dozen investment managers have put forward bids, ranging between $400 million to $800 million, for troubled insurer American International Group’s asset management business, the Wall Street Journal reported, citing people familiar with the matter. […]
Hedge Funds Get Earful From Clients About Fees, Withdrawals
Bloomberg – Two years ago, German investment adviser Dieter Kaiser had to board a plane bound for New York to speak with senior U.S. hedge-fund executives. These days, those same managers visit Kaiser, the director of investment management for Feri […]
Ginga Beats Japan Hedge Fund Rivals With Telecommunications Bet
Ginga Service Sector Fund, the third-best performing Japan-focused hedge fund in 2008, held its ranking in January by investing only in the telecommunications and services companies. The 3.4 billion yen ($36 million) fund, advised by Tokyo- based Stats Investment Management […]
Treasury Select Committee MPs accuse funds of cashing in on misery
Times Online – The Massachusetts Pension Reserves Investment Management Board, which oversees $38 billion, voted to fire hedge-fund firm Austin Capital Management after losing $12 million with alleged Ponzi scheme operator Bernard Madoff. The state pension board also decided at […]
