Tag Archives: london
Myners pledges vigorous campaign against EU hedge fund curbs
Wealth Bulletin – Paul Myners has vowed to fight “tooth and nail” to revise a directive from Brussels that would give the European Union the power to set limits on how much hedge funds are allowed to borrow. The draft […]
Switzerland – a hedge fund haven?
World Radio Switzerland – Several major hedge funds in London say they’re considering moving abroad, notably to Switzerland. They are angered by a proposition from the European Union that would require more accountability and limit the amount of money they […]
HSBC to Stop Structured Financing for Fund Investors
Bloomberg – HSBC Holdings Plc’s U.S. securities division will no longer extend structured financing to hedge- fund investors to leverage their investments, according to people familiar with the company’s plans. The bank is halting the financing by its structured-funds products […]
Fund of hedge funds Castle to add London listing
Reuters – Castle Alternative Invest, a Swiss-listed fund of hedge funds, plans to list in London to improve the liquidity of its shares, its investment manager LGT Capital Partners said on Tuesday. The fund, which has assets of more than […]
Switzerland Beats London as Home for Mobile Rich, Says Scorpio
Bloomberg – Switzerland is the world’s most attractive financial center for the “mobile wealthy,” beating London, Singapore and New York, according to a new survey by Scorpio Partnership. The Alpine nation ranks highest for economic and political stability, legal issues, […]
Skybridge invests in manager Wyetree
Reuters India – SkyBridge Capital, a firm that provides money for early-stage hedge funds, on Friday said it invested $50 million (33 million pounds) in WyeTree Asset Management Ltd, a London-based fund focused on distressed mortgage securities. WyeTree seeks out […]
Global hedge funds back U.S. oversight of advisers
Reuters – A global hedge fund industry group backs U.S. plans to require hedge fund advisers to register with federal regulators, a move that would align U.S. rules with those in the UK. The Alternative Investment Management Association, in remarks […]
HK tops Asia hedge funds
Hong Kong Standard – Hong Kong remains the largest hedge fund center in Asia, with managers in the city overseeing US$22 billion (HK$171.6 billion) in assets as of December 2008, the Alternative Investment Management Association Hong Kong said. The city […]
Integrated changes tack with deal to sell hedge funds
Reuters – Integrated Asset Management said on Wednesday it is repositioning as a pure play brokerage business after agreeing to sell a 51 percent stake in its French fund of hedge funds business. The firm, listed on London’s AIM market, […]
