Monthly Archives: January 2006

MSNBC – The head of Novartis, Daniel Vasella, has called for regulators to look into hedge funds and the media after growing concerns about their roles during recent speculation over his company’s takeover plans. Dr Vasella, chairman and chief executive […]

Bloomberg – Barclays Global Investors, the fund management unit of Barclays Plc, overtook rivals GLG Partners LP and Vega Asset Management as the largest European manager of hedge funds, according toInstitutional Investor’s Alpha magazine. BGI had $13 billion of assets […]

Charlotte Observer – When hedge fund Mangan & McColl Partners sent its regular update to investors this month, the firm left out a significant event: One of the partners had been sanctioned byregulators. Instead, the Jan. 19 letter stuck to […]

MSNBC – Hedge funds and other investors in North American distressed debt are hoping to benefit from a rise in corporate default rates but think the increase in 2007 will be more dramatic than in 2006, according to a new […]

Business Week Online – To manage a global mutual fund with an opportunistic bent, it can’t hurt to have an international upbringing and experience at a hedge fund. That’s the case with Anne Gudefin, lead portfolio manager of the $8.3 […]

TheStreet.com – With a Feb. 1 deadline looming, hedge funds are getting ready to register as advisers under a new Securities and Exchange Commission rule. Most funds are complaining about the new burden of legal and operational obligations, but unless […]

Reuters Italia – Fierce competition to attract European hedge fund fixed income securities business has led to looser credit quality controls by banks, a survey by U.S-based consulting firm GreenwichAssociates showed. Investment bank prime brokerage divisions offer hedge funds settlement, […]

Reuters.uk – Hedge fund investments in less liquid assets such as private equity or property could be a potential problem for financial market stability, the Financial Services Authority said onWednesday. Overall, however, the chances that hedge funds with their significant […]

Finance Asia – Swiss Capital Alternative Investments (SCAI), the Hong Kong-based subsidiary of Swiss Capital Group, has disclosed ambitions to increase the size of its Asian Strategies Fund from $20million to $200 million. SCAI opened its Hong Kong office in […]

MSNBC – Oil prices zoomed to a four-and-a-half month high above $68 a barrel Friday, rallying on supply fears tied to Iran’s tense diplomatic standoff with the West over its nuclear ambitions. Labor unrest in oil-rich Nigeria and new threats […]

Safe Haven – Net foreign capital flows into the US slipped 1.4% to $89.1 bln billion in November from a revised $104.2 billion in October (initial was $106.8 bln). Although the $107 billioncomfortably exceeded the $64 billion record trade deficit […]

Pittsburgh Post Gazette – In the prime-brokerage business, being the prime choice of hedge funds is becoming more of a challenge. As hedge funds grow in size, complexity and clout, many investment managers are finding that a single prime broker […]