Monthly Archives: November 2007

European Socialists seek tougher regulation for equity and hedge funds

International Herald Tribune – European Socialists on Thursday urged stronger international regulation of equity and hedge funds, predicting assets of such funds will triple in the next three years. A lack of transparency could affect the broader economy, delegates warned […]

Funds under pressure to use derivatives more

Financial News Online US-  Getting positional data from a hedge fund can be like squeezing blood from a stone. But, despite the secrecy surrounding them, it is generallyaccepted that hedge funds are among the biggest users of derivatives. Hence the […]

Hedge Funds Can’t Fix the Airlines

TheStreet.com- Since the airline industry cumulatively has failed to make money since the Wright Brothers first flew, it might seem reasonable to let the hedge funds takeover. But it’s hard to imagine there is any real likelihood for successfully executing […]

Lyxor says M&A hedge funds to shine

FRANKFURT (Reuters) – Hedge funds focused on arbitrage between convertible bonds and the underlying stocks could outperform next year amid widening credit spreads and continued high volatility, Lyxor Asset Management said. Another strategy Lyxor expects to do well in 2008 […]

Ministry to Introduce Home-Grown Hedge Funds in 2009

Korea Times- A senior finance ministry official said Tuesday that the government will allow the establishment of hedge funds in 2009 to help upgrade the country’s financial industry and boost its growth potential. It had initially planned to phase out […]

BlackRock approached to lead big backup fund

Reuters- America’s three biggest banks have asked BlackRock to act as the lead asset manager for a $75 billion fund they are creating to support the asset-backed securities market, a source said onWednesday. BlackRock, the largest publicly traded U.S. money […]

Goldman’s Alpha hedge fund to end year with $4 bln

Reuters- Goldman Sachs Group Inc. has told investors it expects its Global Alpha hedge fund will end the year with roughly $4 billion in assets, about 60 percent less than in January, several peoplefamiliar with the matter said. The fund, […]

MGA Focuses on Energy and Emerging Markets

West Palm Beach (HedgeCo.Net)- Hedge fund policy intelligence advisor Medley Global Advisors LLC (MGA), has announced that it will be focusing on it’s Energy Group and Emerging Markets Group, and has hired 3 new managers. “Bhushan Bahree, Bill Farren-Price and […]

Regulators let hedge funds off the hook for credit crisis

Financial News Online US- The chief executive of the Financial Services Authority and a deputy governor of the Bank of England said today hedge funds were not responsible for the credit crisis that overtook markets this summer – however managers […]

Hedge funds Eton Park and R6 Capital to link up

Reuters- Hedge fund Eton Park Capital Management said on Monday it will take over R6 Capital Management in January, engineering one of the first prominent acquisitions among hedge funds in the $2trillion industry. For Eric Mindich’s $10 billion Eton Park, […]

Ex-Citadel trader Parekh to start hedge fund

Reuters- Anand Parekh, a former head equity trader at Citadel Investment Group, is setting up his own hedge fund, a source familiar with the matter said. Parekh has raised $1.5 billion from Deutsche Bank, and plans to seek additional funds, […]

Alpha Titans Fund of Fund Launch

West Palm Beach (HedgeCo.Net)- Alpha Titans, a multi-manager hedge fund announced that it will be open to outside investors from December 1st, the fund of funds was launched on November 1st 2007.  The new fund of funds was launched with […]