Tag Archives: qualitative-assessment

Wolver Hill Japan Hedge Fund Resists Slumping Topix

Bloomberg – Wolver Hill Japan Multi-Strategy Fund, run by Deutsche Bank AG’s former prime brokerage sales chief in Tokyo, resisted the worst month for the nation’s stocks in almost 15 years to be little changed in September. The $11 million […]

Gottex, Acorn Funds May Be Victims of Petters Lending

Bloomberg – Hedge-fund managers Gottex Fund Management Holdings Ltd. and Acorn Capital Group LLC are among at least 20 investors the FBI said may have been victimized by a fraudulent lending scheme that could exceed $2 billion. The alleged fraud […]

Citadel Hires Three From Lehman’s Europe Mortgage Bond Trading

Bloomberg.com: UK & Ireland – Citadel Investment Group LLC, the $19 billion hedge-fund firm run by Kenneth Griffin, hired three senior executives from Lehman Brothers Holdings Inc. to boost its fixed-income team. Timothy Bryan Wilkinson, former head of fixed income […]

Trimming fees: Hedge funds make changes

Norwalk Advocate – Some hedge funds are reducing their management and incentive fees to keep investors for longer periods during turbulent times on Wall Street. Typically, hedge fund managers require investors to lock their money into a hedge fund for […]

RMB launches diversified target fund targeting DB and DC schemes

Professional Pensions – RMB Asset Management has launched a diversified target fund in a bid to help schemes manage funding volatility. The asset management firm said the multi-manager RMB Diversified Target Return Fund has exposure to equities, bonds and alternatives […]

Credit Derivatives Market Shrinks 12% as Dealers Reduce Trades

Bloomberg – Credit-default swap dealers reduced the volume of outstanding contracts for the first time amid efforts to reduce risks in a market used to hedge against bond losses and speculate on corporate creditworthiness. The volume of outstanding trades fell […]

SEC Pushes Hedge Fund Oath in Manipulation Probe

Bloomberg – The U.S. Securities and Exchange Commission, seeking to jumpstart a hunt for suspected manipulation of financial stocks, will require hedge fund managers, brokerages and institutional investors to describe under oath their bets on the firms. Investors with “significant” […]

SEC May Require Hedge Funds to Reveal Short Positions

Bloomberg – The U.S. Securities and Exchange Commission may require hedge funds to disclose their short-sale positions and plans to subpoena the funds’ communication records in an effort to stem turmoil in stock markets. Hedge funds and investors managing more […]

WhiteRock Says Markets May Be Rollercoastering but Recruitment is Accelerating

West Palm Beach (HedgeCo.net) – Recruiters at WhiteRock Group are seeing increased opportunity for job-seekers and hiring firms. The meltdown in sub-prime mortgages, and the ensuing credit crunch, has led to uncertainty and turmoil throughout financial markets worldwide, says WhiteRock, […]

RAB Tries to Halt Redemptions as Hedge Fund Drops 48%

Bloomberg – RAB Capital Plc is trying to freeze client redemptions for three years to avoid liquidation of its flagship hedge fund, which lost almost half its value this year. RAB fell as much as 14 percent in London trading […]

MF Global Hires Roseman as Risk Officer

West Palm Beach (HedgeCo.net) – Hedge fund broker MF Global Ltd. has appointed Michael Roseman as its new chief risk officer. “Michael has very broad experience managing risk around the asset classes that this company brokers,” said Kevin R. Davis, […]

Developing markets ideal for hedge funds

Gulf Daily News – Developing markets are fertile ground for hedge funds, if the funds have experienced managers, according to Paulson and Company founder and chief executive officer John Paulson."Underdeveloped markets are less efficient and create more opportunities," Mr Paulson […]