Yearly Archives: 2008
Hedge funds eye massive expansion in Middle East
GulfNews- The top echelons of the global hedge funds industry discussing the outlook at the ninth annual Hedge Funds World Middle East Conference in Dubai yesterday said that despite the challenges faced by industry due to the credit crunch it […]
JP Morgan raises cash for Blue River muni fund
Reuters- A Blue River municipal bond fund whose heavy selling battered the market last week on Monday got new cash, according to JPMorgan, which said it had persuaded new and existing investors to invest. Blue River was was one of […]
European Family Offices Look to Hedge Funds
Black Enterprise- Europe’s wealthiest families are planning to shift their investments further away from traditional assets into alternatives such as hedge funds and commodities, according to a new report. The survey of European single family offices conducted by wealth management […]
Brevan Howard Plans Launch Of New Listed Hedge Fund
CNN Money- Brevan Howard Asset Management LLP said Wednesday it is considering the launch of a new hedge fund, BH Global Limited, which will be listed on the London Stock Exchange. BH Global "will provide investors with exposure to a […]
U.S. fund accused of fraud linked to subprime
WASHINGTON (Reuters) – A Salt Lake City hedge fund adviser and its principals were charged with using much riskier trading strategies than described to investors, resulting in the near-total loss of assets in two funds, the U.S. Securities and Exchange […]
Top hedge funds trimmed Microsoft holdings in 4th Quarter
NEW YORK (Thomson Financial) – A study of the top 25 holdings of the largest hedge funds showed investors pared their holdings of Microsoft Corp. by about 30% during the fourth quarter, according to Thomson Financial Proprietary Research. Funds also […]
Christian Hedge Fund Founder Arrested For Fraud
West Palm Beach (HedgeCo.Net)- Hedge fund founder, Steve K. Wilson, was arrested last week on charges related to fraudulent hedge funds operating under the names; Christians in Crisis Investment Fund, Shake the Nations and Opus Capital Holdings. He is being […]
Hedge Fund Aramid Launches Into TV and Digital Entertainment
West Palm Beach (HedgeCo.Net)- Hedge fund Aramid Entertainment is looking to raise $200 million to fund their diversification into television and other digital financing projects. Simon Fawcett, chief executive of Aramid Capital Partners, said, "We have proved our ability to […]
Castlestone to debut agricultural commodities fund
LONDON (Reuters)- U.S.-based investment firm Castlestone Management said on Monday it planned to launch an agriculture fund later this month to take advantage of booming demand for agricultural commodities. The Aliquot Agriculture Fund will be launched on March 31 and […]
Hedge fund manager in £3.5m IT deal with Savvis
Silicon.com- Augustus Asset Managers is outsourcing its core infrastructure in a £3.5m four-year deal with Savvis. The financial services company specialises in hedge funds and manages over $9bn in assets. Under the terms of the deal, Savvis will provide Augustus […]
A kinder, gentler hedge-fund activism
Globe and Mail- Brian Gibson does not believe in the unspoken Bay Street commandment that Thou Shalt Not Accuse Thy Fellow Capitalists of Greed. He never has and, having long ago reached the age when a man’s opinions harden, probably […]
Citigroup, Wachovia face hedge fund lawsuits
Reuters- Citigroup Inc (C.N) and Wachovia Corp (WB.N) are facing separate lawsuits filed in a U.S. Federal court in New York by a small fund, the Wall Street Journal reported on Tuesday. The suit claims that the banks each improperly […]