Yearly Archives: 2010
EU Close to Hedge-Fund Deal
WSJ – European Union lawmakers are nearing an agreement on hedge-fund legislation that would significantly restrict the ability of funds based in some offshore tax havens to raise money from EU investors, the lawmaker in charge of the legislation at […]
AIG May Benefit From Rebound in Private Equity, Hedge Funds
Business Week – American International Group Inc., the insurer that posted a $1 billion writedown from hedge funds and private equity investments in the first quarter of last year, may have benefited from a rebound in the holdings. Rivals including […]
Recently Launched Hedge Fund Outranks Competition
New York (HedgeCo.net) – UK and US based, MVP Asset Management LLC’s recently launched hedge fund, the MVP Premium, reports returns of 46% since inception (38 months), placing it amongst the top 1% across all three share classes (EUR, GBP, […]
New regulations could attract big hedge funds to Singapore, it is claimed
Investment Intervational – New rules for hedge funds in Singapore will support smaller managers in an increasingly popular hub for alternative investment vehicles, it is claimed. The hedge fund trade association has welcomed proposed new rules that recognise the needs […]
Public Pension Plans to Top Corporate Plans In US Hedge Fund Allocation
New York (HedgeCo.net) – Agecroft Partners predicts that United States public pension funds will increase their allocation to hedge funds at faster rate than corporate pension plans due to sweeping new corporate pension legislation that is just beginning to take […]
E.U. Nears ‘Black List’ Legislation for Hedge Funds
NYT – A lawmaker at the European Parliament indicated Tuesday that the E.U. is close to an accord on new hedge-fund legislation that would curb the ability of some offshore funds to raise money from E.U. investors, The Wall Street Journal […]
Fortress is newest global hedge fund to head for Asia
Opalesque – Asia is indeed attracting a lot of attention from investors, and hedge funds are said to be making a beeline into the region. The latest global hedge fund to join in is Fortress Investment Group, a New York-headquartered […]
Another Top Official Departs From Citadel
WSJ – The head of the securities division at Citadel Investment Group has left the hedge-fund firm, marking another sign that founder Kenneth Griffin still has work ahead to stabilize senior management ranks. Mr. Griffin said in an internal memo […]
Wyser-Pratte Says Euro May Reach Dollar Parity as Spain Looms
BusinessWeek – U.S. investor Guy Wyser-Pratte said the euro could drop to parity with the dollar and the Greek debt crisis will probably spread to Spain. “The key in Europe is not Greece or Portugal but Spain,” Wyser-Pratte, an activist […]
Goldman Hedge Fund Under Fire
New York (HedgeCo.net) – Antitrust lawfirm, Wolf Popper LLP., filed a class action lawsuit against Goldman Sachs Group and certain of its senior officers on behalf of investors who purchased Goldman securities between August 5, 2009 and April 16, 2010. […]
US hedge fund Fortress eyes Asia comeback
Reuters – Fortress Investment, one of the world’s largest publicly traded alternative asset managers, plans to rebuild its Asian operations and is in the process of setting up an office in Singapore, sources said. Hedge funds have been making a […]