Yearly Archives: 2010
Hedge Funds Raise Natural Gas Wagers to a Four-Month High: Energy Markets
Bloomberg – Hedge funds increased bullish bets on natural gas to the highest level in four months on speculation that lower-than-normal temperatures will bolster heating demand and trigger withdrawals from record stockpiles. The funds and other large speculators increased so-called […]
New wave of hedge fund start-ups find life is tough
Reuters – The hedge fund industry’s proverbial ‘two traders and a terminal in Mayfair’ are back. But starting your own hedge fund is likely to prove a much less lucrative venture for the foreseeable future, thanks to hard bargaining by investors. […]
Mubadala Agrees to Invest $100 Million With Verno Fund
Bloomberg – Mubadala Development Co. will make a $100 million investment with Russian hedge fund Verno Capital, the first by the investment arm of the Abu Dhabi government in Russia. The country’s “recent economic performance and the future potential for […]
Hedge Fund Mergers & Acquisitions: StormHarbour Alternative Investments
New York (HedgeCo.net) – New York independent advisory firm, StormHarbour Partners LP, has acquired London-based hedge fund Fortrinn Partners LLP, a FSA regulated investment manager that specialises in volatility trading strategies. The acquisition, through which Fortrinn Partners LLP will be renamed StormHarbour […]
Hedge fund billionaire helps bring back grand old days of art patronage
Guardian – Faced with uncertain earnings, unscrupulous dealers and an unregulated industry that leaves them powerless to fight back, most contemporary British artists find it difficult to make a living, let alone hit the big time. However, a revolutionary London-based […]
Insider Probe Infecting Mutual Funds May Extend Three Years of Withdrawals
Bloomberg – Mutual funds’ ties to so-called expert networks that have been probed as part of an insider trading investigation may undermine efforts by the industry to stem three years of client withdrawals from stock funds. Janus Capital Group Inc. […]
Trustee’s firm subpoenaed in ‘soft dollar’ investigations
The Brown Daily Herald – All eyes on Wall Street have turned to Steven Cohen P’08, who serves on the Corporation, the University’s highest governing body, as a member of the board of trustees. The New York Times reported Nov. 22 that, […]
Asia-focused hedge funds seen starting to attract inflows
Reuters – Hedge funds investing in developing Asia have begun to attract money from investors after a poor first half of 2010 when many were hurt by outflows despite strong interest in emerging markets, industry players said. Global investors have […]
Ignis to launch £2.4 billion advisory arm
CityWire – Ignis has consolidated its fund of hedge funds, fund of real estate, fund of private equity and multi-manager capabilities into a single business unit. The Ignis Advisers branch will be spearheaded by Michiel Timmerman, who will have the dual role […]
Hedge fund manager Mark Hart bets on China as the next ‘enormous credit bubble’ to burst
The Telegraph – Mr Hart, who runs Corriente Advisors from Fort Worth Texas, has told potential investors in a presentation that China is in the “late stages of an enormous credit bubble”. When this bursts, the financier said he expects […]
Concern as Ucits hedge funds boom
Fund Strategy – Assets under management in Ucits hedge funds have doubled to $70 billion (£59 billion) since February, according to Hedge Fund Research. The number of funds has tripled to 600. Through Ucits funds, hedge fund managers can tap […]