Author Archives: the HedgeCo News Team
A Lurid Aftermath to a Hedge Fund Manager’s Fast Life
Tuscaloosa News- A life of private jets and black-tie balls ended with Seth Tobias, a wealthy investment manager and a familiar presence on CNBC, floating face down in the swimming pool of his mansion here. It was just after midnight […]
Outlook for hedge fund growth in Asia is bright
Straits Times – Asia will remain a hot spot for hedge funds – private investment funds which seek big returns through higher risk strategies – in the next few years. And Singapore will continue to be a great place for […]
Hedge Funds ‘Moving to Switzerland’
London Stock Exchange- UK-based hedge fund founders are setting their sights on Switzerland ahead of the implementation of a new tax regime on offshore trusts, it has been suggested. Investment management consultancy Kinetic Partners told the Financial Times that many […]
Hedge Fund Operator Acquired For $1.32 Billion
West Palm Beach (HedgeCo.Net)- In a deal worth up to $1.32 billion, London hedge fund operator Marble Bar Asset Management LLP has been bought by Swiss private banking group EFG International. EFG said it will initially pay $517 million in […]
Hedge funds betting big on US presidential race
AFP- Wealthy hedge fund managers closely guard their investment strategies, but mounting political donations reveal how some “hedgies” are betting in the crowded US presidential race. Hedge funds’ campaign donations have skyrocketed in recent years as trading profits have ballooned […]
Hedge Funds Inflate December Returns
Seeking Alpha- Hedge funds tend to report better than average returns in December. This isn’t the greatest surprise, since they can earn massive incentive fees (typically 20% of gross profits) based on their year-end performance. As discussed in their paper […]
Loan Bets Pay Off at Hedge Fund
Washington Post- The subprime crisis that has caused so much trauma for hedge funds and investment banks has brought only good news for John Paulson. He is the manager of more than $7 billion in hedge fund money keyed to […]
Dexion Fund Of Hedge Funds Raise $274.4 Million
West Palm Beach (HedgeCo.Net)- Dexion Absolute Limited has now become one of the world’s largest exchange-traded funds of hedge funds (FOHF) with net assets of GBP 512 million ($1,056.5 million). The London Stock Exchange-listed FOHF completed the multi-currency share issue […]
Hedge funds call time on m&b’s pubs
Telegraph.co.uk- When the directors of pub group Mitchells & Butlers glance down their company share register they could be forgiven for not immediately recognising the names of all their owners. While Man Financial and Cantor Fitzgerald, hedge funds with huge […]
Delman SA launches 100/30 fund managed by Mirabaud & Co
Delman SA, a Geneva based company specialising in the creation and the delegation of managed funds launches the “DM Swiss Equity Asymmetric Fundâ€Â. The fund, managed under Swiss law and classified ‘Fonds Traditionnel’ by the Swiss ‘Commission Fédérale des Banques’ […]
Painful Times at Two Hedge Fund Bigs
New York Post- A pair of hedge funds that are getting battered by the choppy markets of the past few months are serving as a stark reminder that the pain inflicted on the once white-hot hedge-fundsector isn’t only confined to […]
Interior design for hedge funds
FinanceAsia- At the forefront of the nouvelle vague, Hong Kong’s design and build specialists are filling the aesthetic gap when designing work-pads for hedgies. ‘Renting office space’ is high on the to-do list when setting up a hedge fund. However, […]