Tag Archives: reuters
Fund manager Henderson warns on profit, shares tank
Reuters – Anglo-Australian fund manager Henderson Group said first half pretax profit could fall up to 50 percent after revenue was hit by falling markets, hitting its shares on Thursday. First-half pretax profit fall to 25-28 million pounds ($41-$46 million), […]
Highbridge multi-strategy fund rises 20 percent
Reuters UK – Highbridge Capital Management, one of the world’s biggest hedge fund firms, saw its flagship fund rise 20.5 percent in the first half of the year, according to an investor letter, as performance in the industry rebounds. Highbridge’s […]
Highbridge multi-strategy fund rises 20 percent
Reuters UK – Highbridge Capital Management, one of the world’s biggest hedge fund firms, saw its flagship fund rise 20.5 percent in the first half of the year, according to an investor letter, as performance in the industry rebounds. Highbridge’s […]
Cerberus to change terms of hedge fund: source
Reuters – Private equity firm Cerberus is to place investors seeking withdrawals from one of its hedge funds into a special purpose vehicle which would make cash distributions over time, a source familiar with the contents of a recent investor […]
Man Group sees net inflow from private investors
Reuters UK – Man Group, the world’s biggest listed hedge fund firm, reported a rise in sales to private investors and said it expects to return to overall net client inflows in its second half, boosting its shares. In a […]
U.S. regulator to identify hedge fund bets in commods
Reuters – The regulator of U.S. commodity markets said on Tuesday his agency’s weekly Commitments of Traders report will be revamped to include hedge fund positions for better transparency. "Enhancing the quality of information in these weekly reports will better […]
Michael Jackson’s death could benefit Dutch fund
Reuters Amsterdam – For Dutch pension fund ABP, Michael Jackson’s death could be good for business. The passing of the man called "King of Pop" last week has created a run on his music, which is partly owned by Dutch […]
FSA to triple some fines
Reuters UK – Britain’s Financial Services Authority (FSA) plans to triple some of the fines it imposes on financial sector wrongdoers as part of a crackdown on offences such as mis-selling and insider dealing. The bigger fines are designed to […]
Nomura plans prime broking to take on rivals
Reuters India – Nomura Holdings plans to launch a global prime brokerage business by September as the financial crisis creates room for new players to offer lucrative services to hedge funds, a senior executive said on Monday. The move shows […]
Hedge fund firm TCI’s profits surge – Reuters
Reuters – Activist hedge fund firm TCI, which launched an attack on ABN AMRO in 2007 that helped trigger the Dutch bank’s sale, has seen profits surge 73 percent but warned this year will be tougher. The Children’s Investment Fund […]
KBC says stops BlueCrest fund leverage facility
Reuters – Belgian bank KBC said it had terminated a $219 million leverage facility it provided to BlueCrest Specialty Asset Finance, a fund run by UK hedge funds manager BlueCrest Capital Management. It was not immediately clear how much of […]
