Yearly Archives: 2010
Bahrain SWF considers first hedge fund investment
HFM – Bahrain’s $14bn sovereign wealth fund (SWF) is considering making its first ever allocation into the hedge fund sector, HFMWeek can exclusively reveal. The Bahrain Mumtalakat Holding Company, which was established in June 2006, has confirmed that it is […]
Man Group Assets Shrink Further
WSJ – Man Group PLC Wednesday said its business is continuing to shrink because of poor performance at its AHL trading program, and estimated full-year pretax profit will be less than half that in the previous year. The hedge-fund operator, […]
Investors flock to M&A hedge funds
Economic Times – Investors are flocking to hedge funds that bet on mergers and acquisitions (M&A) in the hope that a revival in takeover activity will help deliver more of the bumper returns they enjoyed in last year’s rally. Prime […]
Einhorn wants SEC’s full report on Allied Capital
Reuters – Hedge fund manager David Einhorn, who has been locked in a bitter fight with Allied Capital Corp over the company’s business tactics, on Tuesday asked U.S. financial regulators to release the full version of a report that probed […]
Funds fear new UCITS may hamper emerging mkt push
Reuters – Fund industry players are increasingly concerned that the development of hedge fund-style strategies sold to retail investors under EU rules may threaten a bid to push the European brand out to emerging markets. An EU directive known as […]
Schumer Threatens Retaliation in EU Hedge-Fund Dispute
WSJ – A U.S. senator threatened retaliation if European Union proposals curbing access of American fund managers to the European market become law. In a sign that a European effort to increase regulation of hedge funds and other alternative-investment vehicles […]
FSA Raids 16 Homes And Offices On Suspicion Of Hedge Fund Insider Trading
New York (HedgeCo.net) – In their first joint operation, the Financial Services Authority (FSA) and the Serious Organised Crime Agency (SOCA) have this morning searched 16 addresses in London, seizing documents and computers from both residential and business premises. Six […]
Green Brooklyn Building: Hedge Funds for Habitat – NYC
New York (HedgeCo.net) – The initiative by the hedge fund community, Hedge Funds for Habitat-NYC is hosting a volunteer day on April 2nd. For a minimum contribution of $500, members of the alternative investment community are invited to join their […]
Plenum Hedge Fund Gains 19% on Arctic Weather Outlook
Bloomberg – Plenum Power Surge, the hedge fund managed by Plenum Investments AG in Switzerland, returned 19 percent in the first two months of the year after betting on an increase in Scandinavian electricity prices. Prices in the Nordic electricity […]
ABC Quant Introduces a Virtual Hedge Fund Universe Integrating Multiple Data Providers
New York (HedgeCo.net) – ABC Quant, LLC has incorporated a virtual hedge fund universe concept into its flagship product, Quant Suite multi feed edition. The new concept seamlessly integrates instruments from various data providers into a single workspace, called Global […]
Conservatives would oppose EU hedge fund law
Reuters – A Conservative government would oppose a planned European law for hedge funds as it stands, one of the party’s leading MEPs in Brussels overseeing the law has told Reuters. Last week, Prime Minister Gordon Brown intervened to stop […]