Yearly Archives: 2007

Morningstar- The latest chapter in the sorry saga of the Portus group of companies was written last week. One of the two co-founders of the disgraced hedge-fund marketing machine was led away from aToronto courtroom in handcuffs to begin serving […]

Bloomberg- Hedge funds are shifting Asian investments out of Japan because of lower returns and poor corporate governance in the region’s biggest economy, said Kathy Matsui, Goldman Sachs Group Inc.chief strategist in Tokyo. Japan’s average return on equity will be […]

Times Online- Northern Rock’s two largest shareholders will force the troubled bank to hold an extraordinary general meeting (EGM) next month, in an attempt to halt a fire sale of the company’s assets. RAB Capital and SRM Global, two hedge […]

Chicago Tribune- Despite market volatility, Citadel Investment Group LLC has gained 27 percent year to date in what’s shaping up to be the Chicago-based hedge fund’s second straight showing of double-digit returns. In 2006, Citadel topped 30 percent, helped by […]

MarketWatch- Goldman Sachs is aiming to raise $4 billion to $6 billion for a new hedge fund as the investment bank tries to rebuild its reputation in the hedge fund business, it has told potential investors according to a story […]

Korea Times- A fund of hedge funds, investing in Korean hedge funds, has been launched for the first time here. Hana Daetoo Securities said Thursday that it has launched the “HFG Korea Fund,” which will invest in good performing and […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]