Yearly Archives: 2010
EU’s Barnier Says Hedge-Fund Compromise Is Possible
BusinessWeek – Michel Barnier, the European Union’s financial services commissioner, said that a final agreement between the U.S. and EU on rules to regulate hedge funds is “possible soon.” “The debate on hedge funds and private equity is in the […]
EU-based hedge fund-style products pull in $200 billion
Reuters – Investors have poured almost $200 billion into “hedge fund lite” and alternative funds based in Europe, data showed on Tuesday, as clients scarred by the credit crisis seek transparent ways to access hedge fund returns. Figures from research […]
Selig and Hedge Fund Face Off Over Rangers
NYT – The Major League Baseball Commissioner Bud Selig and a group of creditors led by hedge fund Monarch Alternative Capital are reportedly playing a game of hardball over the hamstrung sale of the Texas Rangers. According to the Sports […]
European debt crisis ‘manageable,’ says Paulson
MarketWatch – The sovereign debt crisis in Europe is “manageable” and doesn’t pose a risk to broader markets, said John Paulson, head of hedge fund giant Paulson & Co., on Monday. Paulson also urged people to buy houses in the […]
EU lawmakers to vote on hedge funds, supervision
Reuters – European Union lawmakers are due to vote on Monday to control hedge funds and centralise market supervision as part of wider efforts to learn from the financial crisis and better protect investors. The European Parliament’s economic affairs committee […]
Fortis agrees sale of hedge fund unit to Credit Suisse
Hedge Funds Review Magazine – Credit Suisse is to buy Fortis Bank Nederland’s hedge fund administration unit Prime Fund Solutions (PFS) after months of negotiation. News that the two banks were in talks broke in December 2009. Fortis has now […]
Hedge Funds Increase Long Bets on Gasoline to Four-Year High
Bloomberg – Hedge fund managers and other large speculators increased their bullish bets on gasoline to record highs in the week ended May 4, according to the U.S. Commodity Futures Trading Commission. Long positions in gasoline futures and options outnumbered […]
AIMA Concerned over Dual Registration for non US Hedge Fund Managers
New York (HedgeCo.net) – The Alternative Investment Management Association (AIMA) – the global hedge fund industry association – has expressed concern about the issue of dual registration for non-U.S. investment advisers (hedge fund managers) in legislation currently being debated on […]
Euro Rises Sharply On EU Stability Package
WSJ – The euro rose sharply against the yen and dollar in Asia Monday as a series of remarks from the European Central Bank strengthened views that the authorities have created necessary safe-net measures and prompted non-Japanese hedge funds to […]
Fund-Rules Debate Rages as E.U. Nears Decision
NYT – The debate over European Union legislation that would introduce stricter regulation of the private equity and hedge fund industries intensified in Britain as the European Parliament stood poised to approve the directives. While the expected approval by European lawmakers […]
Luxembourg weathers financial crisis and aims to attract more hedge funds
Investment International – Luxembourg’s financial services sector has weathered the global downturn as innovation has helped this tiny European country to stay ahead, according to a new report. It is now home to 12,115 funds and 360 custodian companies with […]
Hedge Funds, The Final Fronteir: Space Insurance
New York (HedgeCo.net) – For any hedge fund managers with an eye to the sky, specialist risk adviser, Aon’s International Space Brokers, is launching the Investment Protection Insurance, a policy designed to cover the loss of an investment in a […]