Tag Archives: ftse

Jupiter Asset’s Bonham Carter gives up fund

Reuters – Edward Bonham Carter, chief executive of Jupiter Asset Management, is to stop running his Undervalued Assets fund after threatening last year to hand over the role if performance did not improve. New hire Patrick Harrington, who joined Jupiter […]

Fund managers put up billions to back cash calls

Times Online – Some of Britain’s most powerful fund managers are setting aside billions of pounds to fund cash calls from sound companies hamstrung by a lack of bank lending. Investment bankers say that they have been inundated with calls from […]

Hedge Fund Manager SVM Launches Long/Short Fund

West Palm Beach (HedgeCo.net) – Privately-owned investment management company, SVM Asset Management, is seeking approval from the Financial Services Authority for the launch of the long/short SVM UK Absolute Alpha Fund, which has a similar investment approach to their SVM […]

OS alternative funds receive local support

Money Management – HSBC will soon provide local services to its global hedge fund and private equity clients as they chase “the superannuation dollar”. HSBC plans to increase its footprint in the Australian market with the introduction of local alternative […]

Lehman May Put a Prized Unit on the Block

The Ledger – Lehman Brothers, the troubled investment bank, is considering the sale of all or part of its prized money management division to private equity firms to raise billions of dollars of capital and ease the pressure caused by […]

Hedge funds gain favour

 Money Management- Despite tightening credit conditions, hedge funds are continuing to gain favour, with the latest Credit Suisse/Tremont Hedge Fund Index up 2 per cent in May. The president of Credit Suisse Index Company, Oliver Schupp, said the index had […]

Super funds eye hedge funds

Money Management- A survey of some of Australia’s biggest superannuation funds has found that they intend to increase their average allocations to hedge funds from 2.5 to 3.5 per cent over the next two to five years, according to a […]

CFS hedge funds terminated

Money Management- Ratings house Standard and Poor’s has withdrawn its ratings from six of Colonial First State’s (CFS’s) fund-of-hedge-fund strategies. The ratings house announced today that the decision had been reached following an internal strategic review by CFS, which had […]