Tag Archives: asset-management
Man team backs Bayswater hedge fund relaunch
The Guardian – Bayswater Asset Management, a computer-driven hedge fund shut down last year after big losses during the credit crisis, has relaunched after revamping its risk management controls, its new backers said on Wednesday. San Francisco-based Bayswater had initially […]
M&G’s Dobell blasts ‘selfish’ hedge funds
Times Online – One of the most senior fund managers at Prudential has attacked hedge funds as selfish and devious and blasted derivatives as “the scourge of the modern age”. Tom Dobell, who manages the £3 billion Recovery Fund for […]
Hedge fund manager Hendry warns of market correction
Reuters – The current rebound in stock markets is a bear rally and could turn by September, according to hedge fund manager Hugh Hendry, who has recently cut exposure to agricultural stocks. Hendry, who is partner and chief investment officer […]
Chicago Hedge Fund Manager Indicted
New York Times – The managing director of a collapsed Chicago hedge fund, Lake Shore Asset Management, was indicted by a federal grand jury. Prosecutors say the director, Philip J. Baker, operated a $300 million fraud. The 27-count indictment was […]
Ex-Insight managers launch multi-asset firm
MONACO (Reuters) – Former Insight Investment fund managers Patrick Armstrong and Ana Cukic-Armstrong have launched a new fund management business that will invest in a broad range of assets and seek to beat inflation. The firm, Armstrong Investment Managers, will […]
HK’s SAIL Advisors to manage three ING fund of hedge funds
SAIL Advisors, a Hong Kong-based fund of hedge funds operator, said on Monday it will take over the management of three ING (ING.AS) funds in a move that will see a senior ING executive join the Hong Kong firm. Under […]
Bramdean names Petersfield AM as bidder
Reuters – UK asset manager Bramdean Alternatives named Petersfield Asset Management Limited on Tuesday, as the bidder to rival the proposal by property tycoon Vincent Tchenguiz’s investment vehicle, Elsina, to oust its current board. Bramdean said in a statement that […]
EU laws seen driving hedge funds from UK
Reuters UK – Some hedge funds will leave the UK if draft new European law is not changed, said one manager present at a meeting this week with the Treasury, in which the industry expressed grave doubts about the rules. […]
