Tag Archives: middle-east
MENA Hedge Funds Boost Assets 10-fold to $1.17b
Zawya – Hedge funds focusing exclusively on the Middle East and North Africa have seen a 10-fold increase in assets under management over the past five years, with futher gains of about 17 per cent through the first half of […]
Regional stock markets outperform hedge funds
Business24-7 – Six months after their worst drawdown on record, regional stock markets are outperforming the Middle East and North Africa (Mena)-focused hedge funds, suggesting markets are once again warming up to equity participation. According to Emirates Business research, Mena […]
Guinness-backed hedge firm debuts alternatives fund
Reuters India – Hedge fund firm 47 Degrees North has launched a portfolio that will invest in funds in areas such as electricity, transportation and volatility arbitrage as it seeks fresh ways to sidestep falls in traditional markets. The firm, […]
Only 32% Mena-based SWFs invest in region-focused hedge funds
Zawya.com – Although nearly half of all sovereign wealth funds (SWFs) are based in the Middle East and North Africa region, only 32 per cent of them invest in Mena-focussed hedge funds, new data has revealed. Almost all of the […]
Newedge, Amiri Capital to launch Islamic hedge FoF
Reuters – Amiri Capital, the Islamic asset manager backed by investment firm Olivant, said on Monday it has teamed up with broker Newedge to launch the first Islamic fund of long/short hedge funds marketed in the Middle East. The partnership […]
The Icelandic Volcano Erupts
Middle East Online – Can a Hedge-Fund Island Lose Its Shirt and Gain Its Soul? In December, reports surfaced that Treasury Secretary Henry Paulson pushed his Wall Street bailout package by suggesting that, without it, civil unrest in the United […]
Hedge Funds Challenges in a Changing World
Al-Bawaba – Never before in its short history was the hedge funds community confronted with the challenges nor the pressures it is facing today, following a six-year boom,with Madoff’s scandal coming as the icing on the cake following the US […]
Englander’s Millennium Funds May Lose $1 Billion to Withdrawals
Bloomberg – Millennium Partners LP, the $13.5 billion hedge-fund firm run by Israel Englander, plans to return $1 billion to investors who asked for their cash back by year-end, according to two people familiar with the matter. The redemptions, equal […]
