Tag Archives: assets
Gartman Starts First Hedge Fund Betting on Stocks, Commodities
Bloomberg – Dennis Gartman, an economist and the editor of the Gartman Letter, said he is creating his first hedge fund to speculate on assets including global equities and commodities. The River Crescent Fund, created Aug. 17, seeks to raise […]
UBS names Sclater to head Singapore prime broking
Reuters – UBS has named Alastair Sclater to the new post of head of its Singapore prime brokerage, as the Swiss bank aims to build that business in Asia’s second-biggest centre for hedge funds. Singapore, which competes with rival Asian […]
Railways pension invests 65 million pounds in hedge fund
Reuters – The UK Railways Pension Schemes, one of the UK’s largest plans, has invested 65 million pounds in London-based asset manager Goodhart Partners’ global long-short equity fund of hedge funds. Railpen Investments, the fund manager of the industry-wide scheme […]
Hedge fund survivors are bouncing back
Evening Standard – A prominent hedge fund manager has claimed that gold investment is proving popular in the US over fears about inflation. Moonraker, a London-based independent firm, has managed over $330 million worth of assets at BDO Stoy Hayward […]
Gold investment fever grips US hedge funds
Commodity Online – A prominent hedge fund manager has claimed that gold investment is proving popular in the US over fears about inflation. Moonraker, a London-based independent firm, has managed over $330 million worth of assets at BDO Stoy Hayward […]
Brazil Hedge Funds Post Biggest Monthly Inflow in July for ’09
Bloomberg – Brazilian hedge funds lured about 8.2 billion reais ($4.52 billion) in July, the biggest monthly inflow this year, as a rebounding economy and record low interest rates increased demand for stocks and other higher- yielding assets. The investment […]
Massachusetts Cuts Hedge Funds After Pension Loss
Bloomberg – Massachusetts will cut investments in hedge funds after its public pension plan lost a record 24 percent on all assets in the fiscal year ended June 30. The state pension plan’s board of trustees voted today to lower […]
Talk of Fortress expansion spree overblown
Reuters – Rumours of an acquisition spree by Fortress Investment Group are greatly exaggerated and may disappoint investors who jumped into the stock during the past week. The private equity and hedge fund giant last week named director and former […]
Hedge Fund Fees Firm With Rebound as LBO Fees Bow to Pensions
Bloomberg – Larry Powell, deputy investment chief for the $16 billion Utah Retirement Systems, was convinced in January that hedge funds finally would buckle under the pressure of record losses in 2008 and lower their fees. He figured it was […]
Ex-BDO Seidman’s Mark Bloom Pleads Guilty in Hedge Fund Fraud
Bloomberg – Hedge fund manager Mark Bloom pleaded guilty to U.S. charges that he stole at least $20 million from clients and lied to them, and that he helped sell illegal tax shelters while working earlier at BDO Seidman LLP. […]
Gold investment fever grips US hedge funds
A prominent hedge fund manager has claimed that gold investment is proving popular in the US over fears about inflation. Moonraker, a London-based independent firm, has managed over $330 million worth of assets at BDO Stoy Hayward Investment Management since […]
