Monthly Archives: March 2012
Henderson, Tantallon shut Asian hedge funds
Reuters – Henderson Group said it has shut its Asia-Pacific Equity Multi-Strategy Fund, and a source said Singapore-based Tantallon Capital is winding down its long-only Asia ex-Japan Bass Rock Fund, signaling tough time for Asia’s hedge fund industry. Asian hedge funds […]
MerchantCantos Interviews Man Group’s Senior Hedge Fund Executives
New York (HedgeCo.net) – Man Group has reported booking $16.7 billion of product sales for the nine months ended 31 Dec 2011. A spike in hedge fund redemptions in September led to modest net inflows in alternatives and an outflow in […]
Tight regulation a barrier to the development of Korean hedge fund market
Risk.net – Prime brokers speaking at Risk/Return Korea this week voiced concerns over the potential for regulations to strangle the country’s nascent hedge fund sector. Despite rapid growth in Korea’s domestic hedge fund market since its inception at the end of […]
Hedge fund ‘fire sale’ threat remains, says UK FSA
Investment Europe – The UK Financial Services Authority said that there is still systemic risk of a hedge fund ‘fire sale’ of assets during periods of stressed markets. The conclusion is contained in its latest report into the sector ‘Assessing […]
Deutsche Bank Hedge Fund Survey Predicts Growth And Increased Institutional Participation
New York (HedgeCo.net) – Deutsche Bank’s tenth annual Alternative Investment Survey, which was conducted in December 2011 by the Bank’s Global Prime Finance business, predicts increased institutional participation in driving growth as hedge funds become an established and formidable part of […]
Fairfax’s Once-Sprawling Racketeering Suit Shrinks as Hedge Funds Drop Out
Bloomberg – Fairfax Financial Holdings Ltd. (FFH), with seven of eight hedge funds it accused of spreading false rumors out of a lawsuit, may see the $24 billion case shrink again with a judge poised to rule whether racketeering counts […]
The 40 Highest-Earning Hedge Fund Managers
Forbes – For most hedge fund managers, 2011 was a year to forget. The average hedge fund fell by 5% even as the U.S. stock market eked out a tiny gain. Big shot investors like billionaire John Paulson were humbled and lost […]
Goldman manager investigated in insider trade case
Reuters – U.S. prosecutors are investigating David Loeb, a managing director of Goldman Sachs Group, as part of an insider-trading probe focusing on the company’s hedge-fund clients, a person familiar with the case said on Wednesday. Loeb works with technology […]
Shari’ah Compliant Hedge Fund Index Drops 1.22%
New York (HedgeCo.net) – Based on the close of trading on March 29 the global Dow Jones Islamic Market Titans 100 Index, which measures the performance of 100 of the leading Shari’ah compliant stocks globally, dropped 1.22% month-to-date, closing at […]
Credit Suisse Launches Emerging Market Fixed Income Indices
New York – Credit Suisse has launched two new Emerging Market (EM) fixed income indices that can help global investors gain enhanced exposure to EM sovereign credit and broad access to local currency debt markets. The two new indices take […]
Feds Question BofA Merrill on Rajaratnam Relationship
Fox – Federal investigators have questioned executives at Bank of America’s Merrill Lynch brokerage unit about the firm’s relationship with Galleon founder Raj Rajaratnam, who is accused of committing securities fraud by earning millions of dollars of illegal profits by trading […]