Monthly Archives: March 2013

Reuters – BlackRock, the world’s largest money manager, hired Andy Stewart, head of one of Credit Suisse’s hedge fund units, to bolster its own alternatives business as it shutters a direct private equity strategy. Stewart will co-head New York-based BlackRock’s […]

FN – The fund stopped making contributions to the foundation during 2012, “mainly because the foundation is large enough,” one of the people said. Hohn set up his firm a decade ago so that it would automatically donate to the […]

CNN – With crisis in Cyprus, gloom in the UK’s Budget and growing fears of a correction in the US Treasury market, you could be forgiven for thinking markets were as turbulent as ever. For some, though, the sun is […]

NYT – Tiny Gibraltar is trying to cash in on Brazil’s rising wealth. Gibraltar, the British self-governed territory south of Spain, is now working to lure hedge funds, private equity and other investors in Brazil and Latin America to expand to its […]

AP – The brother of a jailed one-time billionaire hedge fund boss has been charged with conspiring with his brother to cheat on Wall Street and earn nearly $1.2 million illegally, federal authorities announced Thursday. Rengan Rajaratnam, 42, of Manhattan, […]

Haaretz – The hedge fund business in Israel is small by American standards ? just some $1.6 billion under management ? but its assets have grown five-fold over the last six years and it is becoming a preferred line of […]

Financial Times – With crisis in Cyprus, gloom in the UK’s Budget and growing fears of a correction in the US Treasury market, you could be forgiven for thinking markets were as turbulent as ever. For some, though, the sun is […]

Reuters – Despite the early-year rally in equity markets, some hedge funds seem to have had a disappointing start… yet again. JP Morgan notes that the industry’s benchmark HFRI index was up 2.8% by end-February,  well below the 4.6% for […]

Risk – It is absolutely possible for hedge funds to adhere to socially responsible investing (SRI) principles. Many managers take SRI considerations into account already but without an explicit reference to SRI principles. SRI principles can be flexible and include […]

Reuters – Some hedge funds have begun quietly increasing their bets against Hungarian sovereign bonds in the belief that the yields don’t properly reflect the country’s political and economic outlook. The amount of Hungarian sovereign bonds out on loan – […]