Tag Archives: current-trends
Malaysia eyes Islamic hedge funds
Reuters – Malaysia is working on a plan to allow the creation of Islamic hedge funds. "It is now in the developmental stage,” Goh Ching Yin, an executive director at the Securities Commission, was quoted as saying by Business Times […]
BH Macro swings to NAV discount
Reuters – Shares in BH Macro, a listed feeder fund to the Brevan Howard global macro fund, Europe’s biggest hedge fund with assets of $20 billion, have sunk to a 13 percent discount to net asset value as a wave […]
RAB Capital Hedge Fund Chief to Step Down
New York (HedgeCo.Net) – Philip Richards, head of hedge fund RAB Capital, is stepping down and will be replaced with Finance Director Stephen Couttie, according to a statement made by the company yesterday. Richards ran the $1.4 billion Special Situations […]
Mitsubishi Asset Brains Plans to Start a Fund of Hedge Funds
Bloomberg- Mitsubishi Asset Brains Co., an investment advisory firm of the Mitsubishi financial group, plans to start a fund of hedge funds as it seeks to invest in managers that can make money in falling markets. The company aims to […]
The $33m man is back – but now he’s working for free
Blayney Chronicle- Chris Cuffe cannot escape his tag as the $33 million man. But six years after the former head of Colonial First State left the funds manager with a notorious golden handshake, he is back in the business – […]
Leopard Capital Competes to Invest in Cambodia Acleda Bank
Bloomberg – Leopard Capital, which is setting up a $100 million private-equity fund to invest in Cambodia, said it’s competing to buy a stake in Acleda Bank Plc, the largest Cambodian bank. “It’s the best-run bank, it’s clean and it […]
TRS Official May Leave For Fund Of Hedge Funds
FINalternatives- An Illinois pension fund official caught up in the trial of a prominent supporter of Sen. Barack Obama (D-Ill.) may be joining a new hedge fund. Jon Bauman, executive director of the $38.7 billion Teachers’ Retirement System of Illinois, […]