138 articles found within the last year.
Displaying results 1 - 20
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Swedes rewrite directive to remove hedge fund leverage cap
The Swedish Government, holder of the European Union's ... A copy of the Swedes' proposed redrafting, submitted ... Instead, it would empower competent authorities - which ... The Swede's proposal has deleted the passage in ... A source in the hedge fund industry close ... Poul Nyrup Rasmussen, president of the Party of...
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GLG third-quarter loss narrows on fewer charges
Hedge-fund manager GLG Partners' third-quarter loss narrowed on ... The hedge-fund industry has improved its standing this ... GLG posted a loss of $114.6m (€77.1m), or ... Excluding acquisition-related compensation expenses and other costs, the ... Revenue slid 53% to $48.2m....
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Alternative investors lose locust image
Hedge funds based in Germany look set to ... It is still early days for the new ... Frank Dornseifer, head of legal and policy issues ... Despite their negativity, the Social Democrats jointly sponsored ... Hedge fund certificates – a structured investment wrapper ... The value of alternative investment strategies is underlined...
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Investors face tough decisions over instant access to assets
Last year was almost certainly a watershed for ... The changes mainly relate to transparency and liquidity, ... Managed accounts are well established and popular because ... Some of the largest pension funds have set ... Tony Broccardo, chief investment officer of the pension...
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Citadel opens its 'gates' on better results
Citadel Investment Group told investors it would fully ... The Chicago firm also confirmed that a banker ... The developments showcase the challenges facing the firm ... Chief executive Kenneth Griffin built Citadel's reputation delivering ... "Unquestionably, some of our core strengths became liabilities...
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Citadel revokes 10-month ban on redemptions amid improved results
Investors in Citadel Investment Group can now take ... In a letter to clients on Thursday, chief...
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Barclays braces for loss on exposure to German fund of funds
Many banks, including Barclays, are said to be ... European authorities and the FBI in the US...
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Galleon paid millions to Wall Street prime brokerages for ‘colour’
Galleon, the embattled hedge fund at the centre ... Galleon, whose leading prime brokerages were Morgan Stanley...
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Tudor offers investors easy access fund
Tudor Investment Corp, a US hedge fund running ... Today, asset manager Lyxor Asset Management announced the ... Tudor this year improved redemption terms for Tensor ... Tudor could not be reached by the time ... Separately, Ivy Asset Management this morning reiterated to...
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Galleon nears completing liquidation exercise
The unwinding of the portfolios at Galleon Group's ... It is understood that Raj Rajaratnam's firm has...
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The way high-water marks work
A “high-water mark” is defined as the highest ... Suppose an investor puts £1m (€1.1m) into the ... Suppose then that, as soon as the fourth ... The idea is to ensure that the manager ... In fact, the manager will not be allowed...
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Legg Mason appoints billionaire activist investor as director
Legg Mason on Monday named Nelson Peltz a ... In return for the director’s post, Peltz has...
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How prominent funds have tackled the recovery from the crunch
Henderson’s $80m (€53m) equities hedge fund made 114.3% ... Perry Capital’s $6.2bn activist fund is 3% above ... RAB Capital’s $501m flagship fund made 8.6% this ... Michael Hintze, manager of the CQS fund, which...
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Hedge funds poised to recoup crisis losses
The hedge fund industry is on the brink ... By the middle of last week the average ... At the current rate, the industry will be ... Christopher Miller, chief executive of hedge fund rating ... Rickard Lundquist, a portfolio strategist at SEB Private ... Not all strategies or funds are near their...
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Activist hedge fund sparks public spat
A heated argument between Passport Capital, a $2bn ... Passport Capital called for an extraordinary general meeting ... The hedge fund, which owns 14% of the ... In its letter to shareholders, Passport said the ... From the beginning of the year to close ... Jones, who is one of the three directors...
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Credit rally boosts BlueBay fees
BlueBay Asset Management, the specialist bond investor hit ... The London-listed company's assets grew by 28% from ... Daniel Garrod, financials analyst at Citibank, said almost ... He said the $1bn fund hit new highs ... Clients invested $3.8bn of new money with the ... The rise in BlueBay's assets so far this...
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Comment: Bank robbers! Fraudsters! Liars?
Things are looking grim for the hedge fund ... Managers' desire to tap the retail market is ... But the public is sceptical about hedge funds. ... 1 - "One in five hedge fund managers ... Today's headline in the Financial Times refers to ... The finding may not be as bad as...
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UBP hires heavyweight to lead business integration
Swiss private bank Union Bancaire Privée has hired ... Wohanka, who left Fortis Investments as chief executive ... Wohanka will take charge of UBP's the combined ... A spokesman for UBP said: "We reorganised because ... Wohanka will personally lead the alternative investment unit,...
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Hedge fund returns reach 21% this year
Hedge fund managers have generated record returns ... US data provider Hennessee Group said its hedge ... It also beat the return on bonds, with ... Lee Hennessee, managing principal of Hennessee Group, said: ... Charles Gradante, co-founder of Hennessee, said: “Hedge fund...
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Gottex allows investors to claw back fees
A Swiss fund of hedge funds manager is ... Investors in the flagship fund of Gottex Fund ... Max Gottschalk, head of European business for the ... He said: “You need the manager to be ... Hermes BPK Partners is also introducing a vesting ... Matteo Perruccio, Hermes’ chief executive, said targeting long-term...
