157 articles found within the last year.
Displaying results 21 - 40
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Man Group shares hammered despite flagship fund pledge
Man Group, the world's largest hedge fund manager, ... In its interim results, Man reported that its ... Its shares fell sharply almost immediately on the ... However, Peter Clarke, Man Group's chief executive, said ... But while Clarke held out the promise of ... Man's assets under managements fell by 9% in...
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Och-Ziff hit by third quarter withdrawals
Investors in US-based Och-Ziff Capital Management withdrew $720m ... The $718m drained from Och Ziff during the ... The firm, which is the world’s fifth-largest hedge ... Its Master fund's losses were joined by falls ... Daniel Och, chief executive officer of the group,...
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Lehman demise casts doubt of future of RAB fund
RAB Capital, the US hedge fund manager that ... RAB Multi-Strategy Enhanced withdrew its listing on the ... The four-year old fund fell in value by ... The period in question also straddled September 15, ... RAB Multi-Strategy Enhanced invested in RAB Capital's Market ... In September, RAB Capital initiated legal action against...
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GLG Partners wakes up to prospect of life after Coffey
Hedge fund manager GLG Partners is facing up ... The UK hedge fund manager with a US ... He said: “The money went into place on ... The firm warned shareholders in May that investors ... Equity analysts at Credit Suisse estimated, in a ... A revised estimate for the end of September,...
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Caution wins clients for Stenham
Investors in funds of hedge funds now need ... As several of its large rivals suffer redemptions, ... Greater uncertainty attaches to a possible change of ... However, Stenham has dealt with ownership changes in ... According to client services director Jonathan Osrin: “We’ve...
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RAB restructures energy portfolio as sector falls
RAB Capital is restructuring its second hedge fund ... The $4.2bn (€3.3bn) hedge fund manager's energy fund ... The FTSE index of global energy-related companies' shares ... This month to October 23 RAB Energy fell ... RAB Energy also faced concentrated pressure from redemption...
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Hedge fund manager to depart Threadneedle
Darrel O'Dea, who has managed Threadneedle Investments' European ... O'Dea, who ran the company's European Crescendo hedge ... A spokeswoman for the group said O'Dea would ... The European hedge fund returned 6.62% annualised since ... Financial News revealed earlier this month that the...
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Hedge fund pain to hit Julius Baer subsidiary
GAM, one of the five largest fund of ... Equity analysts at Citigroup, who cover GAM's parent, ... Citigroup's forecast of flows chimes with a prediction ... The Citigroup analysts wrote in a research note: ... GAM's flagship diversity fund fell 4.5% in September, ... A spokesman for the Julius Baer group declined...
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Odey among losers on VW share surge
UK-based Odey Asset Management is among the hedge ... This adds one of the UK's longest-standing hedge ... The hedge funds held short positions in Volkswagen's ... Odey European Inc, the hedge fund managed by ... Odey said in a broadcast to investors on ... He went on to say that Porsche has...
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Hedge funds slam gate on investors
At least 10 hedge fund managers have put ... The restrictions, made in recent weeks, cover hedge ... Centaurus Capital and Polygon Investment Partners have put ... Others funds including RAB Capital, Ramius Capital, BlueBay ... Hector Sants, chief executive of UK regulator the...
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Hedge fund fees under fire as performance dives
“Two and twenty” are three words that have ... Clay Lambiotte, head of hedge fund research at ... He said funds of hedge funds, which add ... The fee structure of hedge funds is one ... Dire stock markets help explain why analysis by ... The necessity to meet expenses has been the...
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Asset management experts predict further pain ahead
Leading figures in asset management, including Mercer's Andrew ... Speaking to Financial News, as part of a ... He added: “It would not surprise me at ... Meanwhile, Huw van Steenis, who leads a team ... He said: "We reduce our 2009 estimates by ... Morgan Stanley's analysts said they had increased their...
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Market neutrality shines for hedge funds amid October gloom
Investors that look to profit from global markets ... Equity market neutral hedge funds made 0.3% this ... Market neutral hedge funds are also up for ... The broader hedge fund industry is down 18% ... Hedge funds investing in convertible bonds and also ... Funds investing in distressed securities have lost 3.9%...
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Jabre adds Citigroup to prime broker roster
Swiss hedge fund manager Jabre Capital has appointed ... Jabre Capital said in a statement to the ... The Geneva-based manager is well-regarded in the hedge ... Jabre, the founder of the firm, was reluctant ... Of the appointment of Citigroup, Jabre said: "People ... Citigroup declined to comment, but in its third...
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Swiss hedge fund hit by underperformance
Swiss funds of hedge funds manager Gottex suffered ... The group’s assets under management were $13.5bn at ... The statement said: "Many of Gottex’s products have ... Joachim Gottschalk, the chairman and chief executive officer ... The company also suffered net outflows of $490m...
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UBP extends global reach to combat market upheaval
Union Bancaire Privée’s alternative investments group, headed by ... The family-run bank, which was set up in ... In the seven years since it launched its ... UBP runs offices in 20 countries, having recently ... In May, the alternative asset management business expanded...
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Handful of funds make money as peers feel pain
A handful of hedge funds bucked the trend ... Hedge funds lost 6.55% last month, according to ... The $750m (€558m) fund, which holds positions for ... The model-driven fund of $12bn Jersey manager Altis ... She said trends in commodities markets helped returns ... US-based long/short global equities manager Goshen Investments made...
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'Bad boy' Odey beats benchmark by 9%
The hedge fund run by veteran UK manager ... Odey's fund, which takes long and short positions ... Hedge fund managers, and in particular those who ... Short positions in banks and financials added 2.29 ... Odey said in his note, which his firm ... The fund has a stake in Goldman Sachs,...
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Hedge funds furious at Italian abolition call
Hedge funds have argued that the $1.9 trillion ... Hedge fund industry bodies in the UK and ... Tremonti said this week he would push for ... His vituperative tongue-lashing is a marked volte face ... Florence Lombard, chief executive of the AIMA, and ... UK chancellor Alistair Darling told Financial News last...
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Soros star backs boutique
Nick Roditi, a star fund manager who worked ... One of the pioneers of the UK hedge ... Mervyn Hughes, formerly the chief operating officer at ... Calum Graham and Christian Dangerfield, who managed a ... Spencer House closed the Asia fund along with ... It is understood that Belvedere manages internal assets...
