Yearly Archives: 2010
Lipper Snaps UK-Henderson New Star leads bond funds in Jan
Reuters – A UK-focused fund managed by Henderson’s investment funds team was the top performer among bonds in January, data from Thomson Reuters fund research firm Lipper showed on Monday. The New Star Sterling fund LP60008662, managed by Stephen Thariyan […]
What CIC Disclosures Say About Its Strategy
WSJ – It’s a rare event when the world gets a peak into the stock portfolio of a $300 billion Chinese sovereign wealth fund. Thanks to a regulatory filing that China Investment Corp. made with U.S. securities regulators, investors are […]
Hedge Fund D.E. Shaw Forms Distressed-Assets Team
New York – (HedgeCo.net): According to a story published in today’s Financial Times, hedge fund firm DE Shaw is positioning itself to purchase portfolios of distressed and illiquid assets. The firm, which counts about $28 billion in assets under management, launched […]
Nautical Capital Management LLC Launches Commodity-Based Funds
New York – (HedgeCo.net): Nautical Capital Management LLC, an asset management company specializing in the development and management of diversified commodity portfolios, announced today the launch of its commodity-based absolute return strategies. The firm offers investors both systematic and discretionary absolute […]
Pension funds eye fee cuts but hedgies balk-study
Reuters – Pension funds expect to negotiate lower fees with fund managers this year after securing cuts in 2009 in the aftermath of the financial crisis, although they face a battle with reluctant hedge funds, new studies said. A survey […]
CITIC Capital raises 2nd China buyout fund, $925 mln
Reuters . CITIC Capital, the flagship investment arm of CITIC Group, China’s No.1 financial conglomerate, said on Monday that it had completed raising $925 million for its second China buyout fund. The closing size was bigger than the firm’s original […]
Volcker Hedge Curbs Won’t Break Banks
WSJ – The “Volcker Wish List” — not a rule, of course, but a high bar of ambition set to be lowered by legislators — includes ending investment banks’ sponsorship and investment in hedge funds. After an initial panic, this […]
Spain Seeks Tougher Rules for Non-EU Hedge Funds
WSJ – Hedge funds and private-equity funds based outside the European Union should be subject to strict rules if they do business in the 27-nation bloc, according to legislation drafted by the Spanish government. Spain, which currently holds the EU’s […]
FT buys hedge fund macro intelligence firm MGA
Reuters – Pearson’s Financial Times has bought Medley Global Advisors, a provider of macroeconomic intelligence to hedge funds and banks, as it shifts emphasis from advertising-funded publications to subscription services. UK-based Pearson, whose main business is educational publishing, said last […]
BofA Trend Report: Hedge Funds Continue to De-Risk
Seeking Alpha – Bank of America Merrill Lynch is out with the newest iteration of its hedge fund monitor report. The bank highlights that hedge funds suffered heavy losses last week and ended January on a weak note. As such, […]
Former Hedge Fund Founder Opens Six New Citibank Branches in Hong Kong
New York – (HedgeCo.net) – The founder of hedge fund Old Lane Management, Vikram Pandit, who is currently Chief Executive Officer of Citigroup, officiated the opening of six full-service retail branches in Hong Kong, including one brand new branch located […]