Tag Archives: singapore


Tokyo FX volume falls as hedge funds leave

Reuters – Foreign exchange trading volume in Japan has fallen 16 percent this year after many hedge funds closed out investments during the global financial crisis, and Tokyo’s turnover in spot trading now lags behind Singapore. But steady turnover in […]

Hedge Funds Had Net Inflows of $10.6 Billion in July

Bloomberg – Hedge fund assets increased by $10.6 billion in July, rising for a third straight month, as managers trading shares benefited from global stock market gains, according to Eurekahedge Pte. Net inflows into the industry totaled $2.1 billion, while […]

Asia Genesis to Close Hedge Funds; Chua Seeks to Restore Health

Bloomberg ‘ Asia Genesis Asset Management Pte, whose Japan Macro Fund has outperformed peers, is closing down its two hedge funds and returning money to investors. “I need some time to recuperate from weak health,” founder Chua Soon Hock, 50, […]

Warren Buffett of East Crashes Hedge Fund Party

Bloomberg – Asia has been good to hedge funds this year. The Eurekahedge Asian Hedge Fund Index climbed 4.2 percent in July, while funds in North America and Europe rose 2.1 percent and 1.9 recent, respectively. Preliminary reports show Asian […]

UBS names Sclater to head Singapore prime broking

Reuters – UBS has named Alastair Sclater to the new post of head of its Singapore prime brokerage, as the Swiss bank aims to build that business in Asia’s second-biggest centre for hedge funds. Singapore, which competes with rival Asian […]

Geneva Funds of Funds Slump as Banks Struggle to Nullify Madoff

Bloomberg – Geneva banks, which began investing client money in funds of hedge funds during the 1960s, are struggling to rebuild the business after market losses and Bernard Madoff’s Ponzi scheme cut assets by 72 percent. The assets of funds […]

Geneva Funds of Funds Slump as Banks Struggle to Nullify Madoff

Bloomberg – Geneva banks, which began investing client money in funds of hedge funds during the 1960s, are struggling to rebuild the business after market losses and Bernard Madoff’s Ponzi scheme cut assets by 72 percent. The assets of funds […]

Asian hedge funds returned 1.79 pct in June -Eurekahedge

Reuters India – Asian hedge funds were up a fourth straight month in June, rising an estimated 1.79 percent, on the strength of gains in Chinese and Japanese stocks, hedge-fund tracker Eurekahedge said. The positive returns in June, which is […]

Tribridge To Launch New Hedge Fund, Hires Former BofA Executive

NASDAQ – Tribridge Investment Partners Ltd., a Hong Kong-based hedge fund manager, said Monday it will launch a new fund in August and hired John Liptak, former head of Bank of America Corp.’s Asia special situations group, to run it. […]

Is the sun setting on London’s financial reign?

Globe and Mail – Paris, so far, has emerged as the most serious challenger. But Mr. Sarkozy may be his own worst enemy on this file. The reason: He and his German allies are wholesale supporters of the European Union […]

Hedge Funds Stalled in June, Attracted $4 Billion

Bloomberg – Hedge funds had net inflows of $4 billion in June as the index measuring their performance remained little changed after posting its longest stretch of monthly gains since July 2007, according to Eurekahedge Pte. The industry had net […]

Madoff Investors ‘Greedy’: Hendry

CNBC – People who invested with Bernard Madoff were greedy and happy to accept high returns without probing too much in the way these were achieved, Hugh Hendry, chief investment officer at hedge fund Eclectica, told CNBC Tuesday. "I’m sympathetic […]

Related Posts Plugin for WordPress, Blogger...