Tag Archives: private-banking


J.Baer poised for buys, new targets disappoint

Reuters – Julius Baer would consider buys at home and abroad, the Swiss group, a possible buyer of Dutch rival ING Group NV’s private banking assets, said on Friday, although its shares slid sharply after the release of new financial […]

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 […]

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, […]

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, […]

Madoff Red Flags Could Have Been Raised by Santander’s Software

Bloomberg – Banco Santander SA’s hedge fund unit used risk software that according to its developer may have “waved red flags” about Bernard Madoff investments. “You definitely would have seen it,” Riskdata SA Chief Executive Officer Ingmar Adlerberg said in a […]

Former UBS Exec Declared a Fugitive by South Florida Judge

New York (HedgeCo.Net) – U.S. authorities have officially declared Raoul Weil, formerly of UBS, a fugitive.  The one-time prominent business man and former chairman of UBS’s global wealth management unit, failed to surrender to police after being charged with aiding […]

Hedge Fund Manager Acquires Long-only Fund Arm from Credit Suisse

West Palm Beach (HedgeCo.net) – Hedge fund manager, Aberdeen Asset Management PLC, has entered into an agreement with Credit Suisse to acquire their £40 billion ($58 billion) long-only asset management arm, making Aberdeen the the UK’s largest listed fund manager. Credit […]

Hedge funds fume about CVC

The Australian – Hedge funds who invested in Channel Nine’s owner PBL Media are unhappy about a rescue package to refinance the group’s $4.3 billion in debt, The Asian Wall Street Journal has reported. Private equity group CVC Asia Pacific, […]

Hedge Funds Relunctant About PBL Media Refinancing

New York (HedgeCo.Net) – Private-equity firm CVC Asia Pacific, who owns 75 percent of PBL Media, is trying to prevent the company from defaulting on its $4.3 billion in debt, according to the Asian Wall Street Journal.  PBL Media, the […]

Research and Markets Offer Asia-Pacific Capital Markets Handbook

West Palm Beach (HedgeCo.net) – Research and Markets announced the addition of a new report, "Asia-Pacific Capital Markets Handbook 2009". With increased investment and stability in the region, the Asia-Pacific capital markets have experienced rapid growth over the past few […]

Man eyes more Asian institutional sales

Interactive Investor – Man Group aims to win more business from big Asian investors such as pension funds and insurers even as global financial turmoil spurs some existing clients to redeem holdings and seek safety in cash. The world’s largest listed […]

Hedge funds weigh future as investors pull money out

The Australian – David Gray, UBS’s head of prime services in the Asia-Pacific, says:  "In the next three months, people will make decisions about whether they want to continue their business that may prove uneconomic for them," Hong Kong-based Mr […]

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