Yearly Archives: 2010
UK and France poised for EU hedge fund deal
Reuters – France is ready to drop objections to a key part of a law to tighten rules on hedge funds in exchange for concessions from London, a senior diplomat said, moving to end a row that threatened to harm […]
Merchant Hedge Fund Founders Coleman, King Buy Singapore Rubber Trader
Bloomberg – Michael Coleman, who co-manages the $1.3 billion Merchant Commodity Fund, and his partner Doug King have bought a stake in a Singapore-based rubber trader, which had sales of about $1 billion last year. The two former Cargill Inc. traders control […]
Bonuses for hedge fund IT staff jump
City AM – Hedge fund IT staff have seen their bonuses double in the last year, according to new research. ReThink Recruitment says software developers with experience in algorithmic trading platforms – a form of automated high volume trading – […]
Alaska Air CEO, hedge fund probed by SEC: report
Market Watch – Chief Executive William Ayers and hedge fund Donald Smith & Co. are being investigated by the Securities and Exchange Commission for insider trading, Bloomberg News reported Thursday, citing two people close to the matter. The SEC is […]
Ex-Morgan Stanley Manager Sinha to Shut Hedge Fund, Citing `Tough’ Market
Bloomberg – Amoeba Capital Partners Pte, run by the former head of Asian investments at Morgan Stanley’s asset- management unit, is returning money to investors in its stock hedge fund, citing “tough” industry conditions. The Singapore-based firm plans to give […]
Clive Capital Hedge Fund Advances 6.6% in September on Cotton, Corn, Gold
Bloomberg – Clive Capital LLP’s $4 billion commodity hedge fund returned 6.6 percent in September, the best monthly return since May 2009, according to a report to investors obtained by Bloomberg. Clive Fund Ltd. increased 1.7 percent in the first […]
Hedge Fund Research index hits high watermark
Hedge Fund Review Magazine – The HFRI Fund Weighted Composite hedge fund index gained 3.37% in September, bringing cumulative performance above the previous high water mark level set in October 2007. Gains across the board were the strongest in over […]
AsiaHedge: Asian Hedge Funds Remain Mostly Static
A recent asset survey by AsiaHedge reveals that industry assets for Asian hedge funds remained mostly static in the first half of 2010 at $137.75 billion, a marginal 3.9% increase over the $132.48 billion recorded at end 2009. “The numbers […]
Hedge Fund Launch: Merchant Global Resources UCITS Fund
New York (HedgeCo.net) – UCITS umbrella providers to the global hedge fund industry, Merchant Capital launched their third fund, the Merchant Global Resources UCITS Fund. “We are delighted to be launching the Merchant Global Resources Fund.” George Cadbury, co-founder of […]
Asness Encounters `Grim Reaper’ Before Quant Fund Rebounds From 50% Loss
Bloomberg – Clifford Asness, who runs AQR Capital Management LLC, one of the world’s biggest hedge funds, says fellow fund managers gouge their clients by charging exorbitant fees for just tracking the markets. He also takes a dim view of […]
Theoria to Double Assets as Multistrategy Hedge Fund Gains 43%
Bloomberg – Theoria Capital Management Pte, a Singapore-based hedge fund that trades Japanese equities, futures and options, plans to double assets in its multistrategy fund after it returned 43 percent in its first year. The firm is seeking to grow […]
Vivace Hedge Fund Aims to Triple Japan Pension Assets to $600 Million
Bloomberg – Vivace Capital Management Co., a Japanese hedge fund, aims to triple assets managed for the nation’s pension funds to 50 billion yen ($600 million) in two years as they seek higher returns. Vivace expects to start managing 1 […]
