Monthly Archives: January 2008
Brazilian Hedge Fund Manager AFX Aquired by $20 Trillion NY Mellon Corporation
West Palm Beach (HedgeCo.Net)- Hedge fund manager ARX Capital Management has been aquired by The Bank of New York Mellon Corporation. The Brazilian hedge fund manager is headquartered in Rio de Janeiro, Brazil, and specialises in multi-strategy, long/short and long only […]
World stock markets plunge
Spero News- On Monday, fears of a US recession spilled over into Asian markets sending stocks tumbling. Indexes were hammered across the board in what turned out to be the worst day of trading since 2001. In India, the Bombay […]
Hedge fund group sharpens up voluntary standards
Reuters- A group of leading hedge fund executives published sharper standards on governance and disclosure on Tuesday in a bid to defang critics of the industry’s opacity. The Hedge Fund Working Group (HRWG), comprising 14 leading hedge fund managers mainly […]
Laven Partners to launch fund of hedge funds
Reuters- Investment management consultancy Laven Partners plans to launch a "best ideas" fund that will invest with a range of boutique hedge fund managers, it said Reuters on Monday. The portfolio, which is likely to be called the Laven Funds […]
Emerging Markets Fund Of Hedge Funds Launched By Matrix
West Palm Beach (HedgeCo.Net)- Matrix announced the launch a new fund of hedge funds (FOHF), the Matrix Emerging Markets Index Fund. The FOHF is designed to allow participation in the upside of emerging markets, whilst reducing downside risk. The initial offering opens on the 28th […]
Hedge funds make dash for the land as investors dig for hidden value
Times Online- Pergam Finance, a Paris-based hedge fund with $1 billion (£511 million) in assets, is about to double the size of Campos Orientales, a fund that buys farms in Argentina and Uruguay, with a $60 million to $80 million […]
Protean Unveils Hedge Fund Fraud Insurance For Investors
CNNMoney.com- Amid a spate of allegations of fraud at hedge funds, a London-based firm has launched fraud insurance for investors. Protean Investment Risks, a newly-formed company, from Monday is offering its Protean insurance product to wealthy individuals and institutions to protect […]
Northern Rock bidders have two weeks left
Telegraph.co.uk- The Treasury has this morning invited new bidders to come forward for Northern Rock after unveiling its long-awaited plan on how to resuscitate the stricken bank. The move could make the competition among private bidders for Northern Rock – […]
Centaurus Capital Wants Atos Origin to Be Sold, Les Echos Says
Bloomberg- Atos Origin SA should be sold to a large company, Bernard Oppetit, president of Centaurus Capital Ltd., said in an interview published in Les Echos today. Atos Origin is lacking strategy and could be taken over by Centaurus and […]
Mutual Fund to Replicate Hedge Fund in Japan
West Palm Baech- (HedgeCo.Net) BNP Paribas Securities announced plans to launch a mutual fund in Japan which will go after similar investment returns to those generated by hedge funds. The mutual fund will target regional banks and other institutional investors […]
Fairfield Greenwich Group Launches New Business Unit Dedicated to Third-Party Managers
HedgeCo.net -January 17, 2008. Fairfield Greenwich Group ("FGG"), a leading global alternative asset management firm with approximately $16 billion in assets under management, today announced the formation of a new business unit dedicated to the marketing and distribution of external […]
Vesuvius Hedge Fund Launch
West Palm Beach (HedgeCo.Net) Magma Fund Advisors, Ltd announced the launch of their first hedge fund, the Cayman domiciled Vesuvius Investment Fund, which opened its doors in January, 2008. The new hedge fund was formed for a select group of […]