Tag Archives: mapeley


Aberdeen CEO sees chance to buy hedge funds

Reuters UK – Fund manager Aberdeen Asset Management is eyeing opportunities to snap up funds of hedge funds and funds of private equity funds at bargain-basement prices, its chief executive said on Thursday. Martin Gilbert said that with opportunities in […]

World’s biggest listed hedge fund manager Man Group sees profits slide

Daily Mail – Man Group, the world’s biggest listed hedge fund manager, saw profits slide 24 per cent in the last six months as its managed funds fell and fee income dwindled. It took $107million (£67.4million) hit on upfront commissions […]

Shareholder Sues CSX, Hedge Funds Over Short-Swing

CNNMoney.com – A shareholder has sued CSX Corp. (CSX) and two hedge funds over sales of CSX shares before the funds publicly disclosed plans to shake up the railroad operator’s board in a proxy fight earlier this year. The lawsuit, […]

More weak data, hedge-fund selling seen this week

Arlington Heights Daily Herald – In a typical recession, stocks start recovering about six months before the economy does. The crisis the United States is in right now, however, is anything but typical: Lending is frozen, hedge-fund selling is happening […]

Wall Street is likely to face another volatile week

Los Angeles Times – In a typical recession, stocks start recovering about six months before the economy does. The crisis we’re in right now, however, is anything but typical: Lending is frozen, hedge-fund selling is happening on a massive scale, […]

Hedge Funds: The Next Shoe to Drop

Conde Nast Portfolio – You think things are bad now? Just you wait: the chart above gives you a very good indication of what Christine Williamson calls the "bloodbath ahead" in the hedge-fund industry. No one wants to be invested […]

More global hedge funds calling it quits in 2008

Reuters – More hedge funds have called it quits worldwide in the first half of 2008 than a year ago, as tumbling markets and finicky investors take a heavy toll on the $1.9 trillion industry, new data show. Liquidations rose […]

Geneva private bank tops fund of hedge funds table

Wealth Bulletin – Geneva-based Union Bancaire Privée emerged as the largest fund of hedge funds provider, replacing UBS Global Asset Management at the top, with $56.8bn, according to the InvestHedge Billion Dollar Club.  Funds of hedge funds showed the first […]

Hedge funds are losing their secretive status

Times Online – People who run hedge funds hate the way the press describe them as “secretive”. A quick Google of “hedge funds” shows what a cliche it has become. Hedge funds are “notoriously secretive” and “super-secretive”; they live in […]

Some hedge funds see assets shrivel in 1st half

Reuters – Some of the world’s biggest hedge funds suffered a dramatic drop in assets in the first half of 2008 as financial markets tumbled and many investors asked for their money back, according to a survey released on Monday. […]

Lone Pine, Traxis Lead Funds Betting on India Stocks Recovery

Bloomberg – Lone Pine Capital LLC, run by Stephen Mandel, and Traxis Partners LLC are among 56 overseas funds that registered to buy shares in India in July, the most in six months, betting on a recovery in stocks. Helios […]

Northern Rock scars RAB Capital profits

Times Online- Hedge fund RAB Capital, one of the largest shareholders in Northern Rock when the bank was nationalised in February, this morning announced that its first half pre-tax profit had almost halved and assets under management had shrunk by […]

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