Yearly Archives: 2010
Libya Backs London Hedge Fund, Report Says
NYT- The Libyan government is pouring hundreds of millions of dollars into a new hedge fund set to open in London this summer, The Independent reported. The investment in FM Capital Partners, which will be based in the city’s Knightsbridge […]
Hedge funds rely less on the rich – survey
Reuters – Hedge funds receive nearly three-quarters of their capital from institutional investors, according to a survey released on Wednesday that shows how these portfolios are no longer reserved for the rich but are investing nest eggs for teachers, firefighters […]
Banks May Have to Unload Hedge Fund, PE Accounts After All
Fox Business – The nation’s big banks will have to spin off tens of billions of dollars in private equity and hedge fund assets as part of the financial overhaul bill now being debated in Congress, FOX Business has learned. […]
Executives sound warning on hedge fund Ucits boom
Reuters – Investors clamouring for Europe-based “hedge fund lite” portfolios in the wake of the credit crisis could still be cut off from their cash in a crisis, hedge fund executives have said. Some commentators say these portfolios, designed to […]
Seed investors return to start-up hedge funds
Reuters – Sovereign wealth funds and pension funds are backing start-up or small hedge funds again, said FRM Capital Advisors, bucking a trend seen since the credit crisis for clients to favour the perceived safety of big funds. Patric de […]
Ex-Fortress’s Ku Said to Return Investors’ Money in Hedge Fund
Bloomberg – A hedge fund set up by Fortress Investment Group LLC’s former Hong Kong has returned most investors’ money 10 months after starting with backing from Man Group Plc, said a person with knowledge of the matter. Minerva Macro […]
SEC’s Review of Use of Derivatives In Hedge Funds To Be Discussed At NY Forum
New York (HedgeCo.net) – Golden Networking’s Derivatives Leaders Forum 2010, “Strategies for Increasing Profits under an Evolving Regulatory Framework” is being held, July 22nd in New York. The forum will feature a discussion on the Securities and Exchange Commission’s investigation […]
US banks face hard slog on Volcker rule fund curb
Reuters – Banks are pressing the U.S. Congress for exemptions to a part of the proposed Volcker rule under Wall Street reform legislation that would curtail their ties to private equity and hedge funds, but the banks’ prospects were dimming […]
Go Fund Yourself, Congress Ought to Tell the SEC
Bloomberg – Few could argue convincingly that the U.S. Securities and Exchange Commission has excelled at its duties. Having failed to detect the largest Ponzi scheme in U.S. history, and with employees viewing Internet porn on the job, the SEC […]
Jupiter resists tough markets to price IPO
Reuters – Fund firm Jupiter raised 220 million pounds to pay off debt in an initial public offering which had been dogged by weak markets but still secured a valuation in line with London-listed rivals. In a deal that will […]
India not a big hedge fund region: Eurekahedge
Economic Times – In an interview with ET Now, Farhan A. Mumtaz, analyst, Eurekahedge, talks about the performance of hedge funds in India and global markets. Excerpts: How are India hedge funds doing now because year to date until April, […]
Hedge funds focus on capital preservation
Reuters – European hedge funds are focusing their energies on not losing clients’ money, rather than delivering huge gains, as they brace themselves for a potentially volatile summer after May’s big losses. Executives at the annual GAIM hedge fund conference […]