Tag Archives: staffers


Hedge fund bosses tip global macro, market neutral

Reuters UK – Global macro and market neutral strategies look set to be top performers over the next 12-18 months, but it is still too early for a pick-up in distressed debt investing, top hedge fund executives said on Tuesday. […]

Drake to shut down two remaining hedge funds

New York (HedgeCo.Net) – Drake Management will shut down its two remaining hedge funds one month after winding down the $2.5 billion Global Opportunities Fund.  The $1.4 billion Absolute Return Fund and the $160 million Low Volatility Fund will follow […]

Man Group year profit surges 60%

Reuters- Man Group, the world’s biggest listed hedge fund company, posted a 60 percent rise in annual profit on Thursday, riding turbulent financial markets to show strong growth in funds under management which fuelled record management fees. Chief Executive Peter […]

HSBC funds arms to rebrand

Reuters- More merger and acquisition activity among fund firms is likely as the industry faces up to a tough 2008, said Mark McCombe, head of HSBC’s asset management arm, which is to rebrand next month. McCombe, chief executive of what […]