TimesOnline reports; Adolf Merckle, the 74-year-old head of a conglomerate that employs thousands in Britain and elsewhere in Europe, killed himself on Monday. After writing a suicide note for his family, he checked the railway timetable and walked to the track that ran close to his home in the village of Blaubeuren, southwest Germany. Kirk Stephenson, the 47-year-old New Zealand-born […]
Specialist asset management firm, Silk Invest Ltd, has acquired Danfonds Frontier Fund SPC., a Cayman based hedge fund, in an all equity deal, Silk Invest also bought majority share in Danfonds Frontier Fund SPC, which will be renamed Silk Invest Frontier Fund SPC, Danfonds Investment Management (Cayman) Limited will be renamed Silk Invest (Cayman) Limited. The new team will launch […]
RCM Comment: Good news/bad news on the investment management front as it relates to the redemption/repatriation trade. Citadel’s decision to suspend redemptions until March will no doubt lead the way for others to do the same which should relieve some of the pressure on the markets. Of course, adhering to the cockroach theory (which states there is never only one) […]
As reported today, Paul C. Volcker, former Fed Chairman, is the single most important man in the world to the future worldwide economy (see www.village.albourne.com search “ditmo” article “Defining the Obama Presidency: Single World Currency”). Mr. Volcker is long a proponent of single world currency that requires a World Central Bank. To do that we need to overturn the Federal […]
Hedge funds started in China in the early 1990s, and has so far undergone four stages: infancy, formation, mindless rush, and adjustment & standardization. Currently hedge funds in China fall into two categories. One is those companies backed up by the government, including brokers managing pooled property, trust and investment companies’ trust and investment projects, and investment companies managing their […]
How Asset Management Software Vendors Should Adapt to Market Volatility Using the VIX to Direct the Sales Process –Software vendors selling to the Asset Management industry clearly understand that market volatility has a negative impact on their business, but how do you quantify the impact? At our firm, Alpha Theory (www.AlphaTheory.com), we have found that there is a severe negative […]
Companiesandmarkets.com has released a report presentig views on the market for hedge fund investment based on a survey of 100 leading asset managers across Europe. The report, which covers mass market, high net worth and institutional customer groups, forms part of a series looking at the market for alternative investments in Europe. Looking at the onshore hedge fund market in […]
These are uncertain and confusing times. Everywhere you look, any conversation you listen to, it is about the economy and its impact on our lives. We hear about deficit, raising taxes, unemployment and lack of liquidity. It is enough to make everyone enter a negative emotional spiral. How can you deal with these uncertain times? Manage Your Emotional Risk Limit […]
“On behalf of the more than 1,200 members of the Biotechnology Industry Organization, I offer our congratulations to Senator Barack Obama on his election victory.” President and CEO Jim Greenwood of Biotechnology Industry Organization (BIO) said following the U.S. elections, “We also offer our congratulations to the newly elected and returning members of Congress, governors and other elected officials across […]
Hedge Fund Philantrophists in 2008
This year in hedge fund philanthropic news, Canada’s hedge fund industry gathered in November to raise $150,000 in support of Hedge Funds Care Canada (HFCC), which is dedicated exclusively to the treatment and prevention of child abuse and neglect. Corey Goldman, President and Director of Hedge Funds Care Canada said, “Hard times bring stress, and stress causes pain but there is […]