Author Archives: the HedgeCo News Team
Hedge Funds May Be Forced to Sell Bonds, Debt Assets, ECB Says
Bloomberg- Hedge funds may be forced to sell bonds and asset-backed debt amid tighter lending standards and poor returns, the European Central Bank said in its six-monthly Financial Stability Review. Volatile financial markets, investor redemptions and difficulties meeting margin calls […]
FSA puts pressure on top five banks to support Bradford & Bingley
Times Online- The Financial Services Authority took the unprecedented step of pressuring Britain’s five biggest banks into supporting the revised rescue capital-raising at Bradford & Bingley last week, The Times has learnt. HSBC, Royal Bank of Scotland, Barclays, Lloyds TSB […]
TriAlpha launches global fund of property hedge funds
HedgeWeek – TriAlpha, the asset management arm of the Stonehage Group, an international wealth management group, has launched the TriAlpha Global Property Strategy Fund, a fund of property hedge funds. The fund seeks absolute returns by focusing on hedge fund […]
Toscafund ups Aberdeen stake
Reuters) – Activist hedge fund Toscafund has raised its stake in Aberdeen Asset Management by around another 50 million pounds to more than 25 percent, continuing its rapid stake-building of recent months. Toscafund, which is run by Martin Hughes, increased […]
Hedge fund assets jump to $2,900bn
Financial Times – Hedge funds have more than $2,900bn under management, according to a survey of valuers of their assets, sharply up on last year in spite of the credit crunch and a series of high-profile problems in the industry. […]
Hedge fund managers shy away from signing compliance code
The Independent – Hedge funds have given a voluntary code for the industry a collective thumbs-down – not a single firm has signed up to the compliance standards since they were launched in January. Nearly five months ago the Hedge […]
Pakistan fund eyes growth despite violence
LONDON (Reuters) – Political uncertainty, occasional bomb blasts and border militant insurgency do not stop Pakistan being a good investment destination, one of the first funds to target the country says, comparing the economy to a smaller India. The Melchior […]
CESR refrains from imposing controls on hedge funds for now
Thomson Financial- The committee of European securities’ regulators (CESR) will refrain for now from imposing law-like controls on hedge funds after 13 big European funds have presented a voluntary codex of behaviour, president Eddy Wymeersch told Financial Times Deutschland. ‘From […]
Abu Dhabi fund shifts from hedge to index-report
DUBAI (Reuters) – Abu Dhabi Investment Authority (ADIA), the world’s largest sovereign wealth fund, which bought into Citigroup will slash its hedge fund investments and increase holdings in index funds, according to a report. ADIA increasingly favours passive investments such […]
Taiwan: Hedge funds are welcome
BusinessWeek- Lee Shyan-Yuan, one of several commissioners at Taiwan’s Financial Supervisory Commission (FSC), believes attracting hedge funds to the market would be a smart move. He is courting hedge funds to invest in Taiwan and raise money from investors in […]