Tag Archives: investment-arm
CAAM says Brazil best Latin American bet
Reuters- Investors betting on Latin America should be overweight Brazil, the region’s top economy, at the expense of exposure to Argentina, Mexico and Chile, a Credit Agricole Asset Management (CAAM) executive said on Monday. They should also be overweight the […]
Japan relaxes tax rules to draw more foreign funds
TOKYO, June 27 (Reuters) – Japan has relaxed its tax code so foreign asset managers and hedge funds can avoid dual taxation, as part of Tokyo’s push to revive itself as a global finance centre. In a two-step process that […]
Hedge fund arrests send chill through industry
Reuters – Pictures of hedge fund managers in handcuffs being led away to face fraud charges on Thursday have sent a chilling message to the $2 trillion (1 trillion pound) industry. The warning was clear: mind what you say in […]
Hedge funds learn to profit from higher volatility
Reuters- Hedge fund returns look set to pick up this year after a poor start, as managers learn the painful lessons of recent months and feel well positioned to profit from opportunities arising in credit and equity markets. Having cut […]
Investment banking’s pain is hedge funds’ gain
Reuters- The hedge fund industry is set to attract bankers and traders from an exodus of high-flyers leaving troubled investment banks in search of bigger bonuses and better job security. Bankers joining hedge funds is not a new phenomenon, but […]
Dutch fund jazzes up portfolio with music assets
AMSTERDAM (Reuters)- The world’s third-largest state pension fund, ABP, is looking to diversify its portfolio by stepping up its investments in media rights, adding to a portfolio that already includes Justin Timberlake and Beyonce. ABP’s fund manager, APG, may invest […]
Hedge star Paulson says credit crisis not over
Reuters- The credit crisis is not over, and losses in the financial sector are set to be around $1.3 trillion, according to star hedge fund manager John Paulson, who says he remains short credit. In its twice-yearly report in April, […]
Korean broker Woori to launch Singapore hedge fund
Reuters- South Korean broker Woori Investment & Securities said on Tuesday it will start a $100 million Asia-focused hedge fund in Singapore as part of plans to expand its business in Southeast Asia. Woori plans to boost revenue contribution from […]
Goldman close to $7 billion SIV restructure
Reuters- Goldman Sachs is about to bail out a $7 billion (3.6 billion pound) structured investment vehicle formerly run by Cheyne Capital, a source familiar with the matter said, boosting hopes that markets for troubled mortgage assets are easing. "I […]
CQS hires Barclays executive to head Hong Kong trading
Reuters India- CQS has hired former Barclays Capital managing director David Kilgore as its head of trading in Hong Kong, part of a broader push by the $9.6 billion (4.9 billion pound) UK hedge fund manager to expand its presence […]