Monthly Archives: March 2009
Newedge, Amiri Capital to launch Islamic hedge FoF
Reuters – Amiri Capital, the Islamic asset manager backed by investment firm Olivant, said on Monday it has teamed up with broker Newedge to launch the first Islamic fund of long/short hedge funds marketed in the Middle East. The partnership […]
Dummys View of the Global Crisis
Given the string of problems created by hedge funds, derivatives, investment funds, insurance companies, pension funds, mortgage securities and hairy bank loans over these few years, it is becoming increasingly apparent that high flying investment managers and financial whiz kids […]
Middleman company tied to Madoff case
Tacoma News Tribune – Tucked among the hedge funds and the famous names on Bernard Madoff’s client roster is an unlikely group of about 800 people – strangers to one another, yet all listed at the same anonymous Denver address. […]
SEC To Contact Hedge Fund Investors
West Palm Beach (HedgeCo.net) – At the MFA Legal, Compliance and Operations Seminar in New York last week, SEC staff described its examination and enforcement priorities for the foreseeable future with respect to hedge funds and investment advisers. According to […]
Hedge Fund Manager To Take Investors On Central Asia Investment Tour
West Palm Beach (HedgeCo.net) – Ansher Fund Management is planning an on-site tour of emerging investment opportunities in Uzbekistan and Kazakhstan, two representative markets across the Central Asian region. Beginning in Tashkent, the capital of Uzbekistan and then to Almaty, […]
Qatar govt to buy investment shares from banks
Forbes – Qatar launched new measures to support its banking sector on Monday with the government saying it would purchase listed shares within banks’ investment portfolios, according to a statement by the Doha bourse. The news sent shares in Qatari […]
Atlantis Seeks Vote to Shut China Fund, Open New One
Bloomberg – Atlantis Investment Management Ltd., a London-based firm that oversees $1.8 billion, is seeking unitholders’ approval to liquidate the China Fortune Fund from which redemptions have been frozen since October. China Fortune Fund unitholders may choose to exchange their […]
Singapore hedge fund Artradis hires RBS
HedgeCo.net – Artradis Fund Management, Singapore’s largest hedge fund manager, said on Monday it has hired David Dredge from Royal Bank of Scotland as managing director for portfolio management. Dredge was deputy global head of local markets at RBS as […]
CSX says $11M shareholder settlement approved
Forbes – CSX Corp. said a New York Federal Court has approved a settlement in which the railroad operator will be paid $11 million by two activist shareholder hedge funds over alleged securities law violations. CSX said late Friday it […]
A Graphical Look at Hedge Fund Leverage
Seeking Alpha – Britain’s Financial Services Authority (FSA) recently found that hedge fund leverage was nearly extinct (for now). In what is billed by the FT as the “only authoritative data on the opaque industry”, the FSA found that the […]
Hedge Fund Assets Plunged to $1.8 Trillion in 2008
New York (HedgeCo.Net) – Hedge fund assets, which were once estimated to reach almost $3 trillion, finished the year at around $1.8 trillion, according to research conducted by London-based HedgeFund Intelligence. The report contends the fall in assets happened almost […]