Monthly Archives: November 2006
ABN to invest 100 million euros in hedge fund-FT
Reuters – ABN AMRO is set to invest up to 100 million euros ($129.7 million) in a newly listed hedge fund managed by European hedge fund firm Marshall Wace, the Financial Times reported on Monday. ABN will join Deutsche Bank […]
Is tax killing London as a fund domicile?
The United Kingdom has missed out as a domicile for European long-only funds to the benefit of Luxembourg and Ireland because of a burdensome and over-complex tax system, according to a reportcommissioned by the Investment Management Association. However, say the […]
UPDATE: Ashburton Launches Chindia Fund
HedgeCo.Net (New York) – The Jersey based asset management firm Ashburton has launched a new fund which invests in both China and India, the Chindia Equity Fund plans to provide access to proven expertise in these rapidly-expanding economies. Economic forecasts […]
Investec-Rowland-Blackfish Hedge Fund
HedgeCo.Net (New York) – The Rowland family and Investec have both invested $20m in Blackfish-Investec Resources Special Sitaution Fund and plan to raise a further $250m from other institutions and high net worth families. The fund plans to buy or […]
Gottex test markets fund of hedge funds
CityWire.co.uk – US hedge fund giant Gottex Fund Management is test marketing its flagship fund of hedge funds (FoHF) in the UK. Citywire understands that Gottex hopes to launch its Market Neutral (MN) FoHF in the UK during the first […]
US insider trading bill takes aim at hedge funds
International Herald Tribune – Draft legislation being circulated by Senator Arlen Specter, the chairman of the Senate Judiciary Committee, and written to prevent insider trading, would require hedgefunds that accept pension-fund money to register with federal regulators. The proposal would […]
Hedge Fund Blog Celebrities
HedgeCo.Net (New York) – Tyler Cowen, an economics professor at the George Mason University started a blog three years ago with colleague Alex Tabarrok. The blog, called Marginal Revolution, has had more than 6 million visitors, Cowen has become an […]
India as Asia’s best Performer
HedgeCo.Net (New York) – India’s benchmark BSE index is up nearly 45% this year, making it Asia-Pacific’s best performer. It rose 42 percent in 2005, 13 percent in 2004 and 73 percent in 2003 as investors poured money into stocks […]
London tightens grip as European hedge funds boom
HedgeWeek – Less stellar returns over the past couple of years have done little to brake the enthusiasm of European hedge fund managers and their institutional investors, with both the number of newfund launches and the level of total fund […]
Morgan Stanley hedge fund deals to continue, slowly
Reuters – Morgan Stanley will continue to acquire hedge funds and managers, though at a much slower pace than in recent months, a top investment management executive told Reuters. Three weeks ago, the investment banking giant announced three hedge fund […]
Executive at Stock Unit Said to Leave Hedge Fund
New York Times – The head of global stocks at the Citadel Investment Group, a $12 billion Chicago-based hedge fund, has left the firm, according to a person briefed on the situation. The executive, Anand Parekh, formerly head of the […]
Asia hedge funds seen doubling in size in next 3 years
Forbes – Assets managed by hedge funds in Asia are expected to double in size over the next three years from 130 bln usd currently based on market estimates, BNP Paribasregional head for Southeast Asia and India Jean Pierre Bernard […]