Yearly Archives: 2010
Emerging markets assets up by $25 billion
Hedge Funds Review – Assets invested in emerging markets hedge funds increased by $25 billion during 2009 thanks to performance based gains of $34.3 billion, according to Hedge Fund Research. The data provider also said its HRFI Emerging Markets Index […]
Firestone Flees Moscow ‘Mafia’ Police as Browder Affair Widens
Bloomberg – Jamison Firestone, who spent 18 years helping U.S. companies navigate Russia’s legal system, said he fled the country because he’s the next target of “mafia” law-enforcement officials he says were responsible for the death of his colleague Sergei […]
Investor ire to drive fund of hedge fund shake-up
Reuters – Firms that make money selecting hedge funds will have to conduct more checks on managers running the assets and show they know what they are buying in order to appease clients disgruntled by the Madoff fraud and poor […]
Man Group pares gains as BlackRock bid talk fades
Reuters – Man Group shares pared gains but were still Wednesday’s top FTSE 100 riser after a source close to BlackRock said the U.S. fund firm had no interest in buying the hedge fund firm. Shares in Man, the world’s largest listed […]
Hedge fund famous for betting against housing bets big on SunTrust
Atlanta Business News – John Paulson, the New York hedge-fund manager who made billions betting against the overheated housing market, is now betting big on Atlanta-based SunTrust. According to a company filing this week, Paulson’s hedge fund increased its stake […]
Spain tightens proposed hedge fund rules
Reuters – European Union president Spain tightened proposed rules to regulate hedge funds and private equity groups, prompting accusations of protectionism from within the industry but potentially speeding up moves towards a deal. Spain recommended non-EU funds should only be […]
Simon Properties Acquiring Hedge Fund Favorite General Growth Properties
Business Insider – Bankrupt General Growth Properties (GGWPQ) has been one of the most controversial companies in recent months, as various hedge funders have gone to public battle over the troubled mall property. Investors like Bill Ackman and Whitney Tilson […]
Investor ire to drive fund of hedge fund shake-up
Reuters – Firms that make money selecting hedge funds will have to conduct more checks on managers running the assets and show they know what they are buying in order to appease clients disgruntled by the Madoff fraud and poor […]
Gulf Arab Region to Boost Hedge Fund Assets, Investcorp Says
Bloomberg – Persian Gulf Arab institutions are likely to boost hedge fund investments this year as they seek to diversify assets and stabilize returns, according to Investcorp Bank BSC of Bahrain, which manages $12 billion. The Gulf usually follow trends […]
Hedge Fund Index Holds Steady in January, Up 0.17%
New York (HedgeCo.net) – Final performance for the Credit Suisse/Tremont Hedge Fund Index is confirmed up 0.17% in January, according to Oliver Schupp, President of Credit Suisse Index Co., Inc. “The Credit Suisse/Tremont Hedge Fund Index finished January in slightly […]