127 articles found within the last year.
Displaying results 21 - 40
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Funds of hedge funds lose half their assets
The fund of hedge funds industry has seen ... Record redemptions this year have driven the value ... Funds of hedge funds have underperformed the hedge ... In previous years, funds of hedge funds generally ... Richard Watkins, chief executive of hedge fund placement ... The hedge fund industry is on course for...
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Ex-Gartmore bond star joins hedge fund
The former co-head of fixed income at Gartmore, ... Karl Bergqwist, who exited Gartmore in December last ... Bergqwist confirmed that he had joined Arrowgrass in ... Bergqwist worked at Gartmore, latterly as co-head of ... Arrowgrass is a multi-strategy hedge fund, employing investment...
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More hedge funds opened in Q3 than shut
More hedge funds launched in the third quarter ... In addition, the group's HFRI Fund Weighted Composite ... The data are the latest in a slew ... Yesterday, Hedge Fund Research said the third quarter's ... At this pace, 2009's number of new funds ... "While 16% of all funds have closed in...
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Hedge funds take bullish approach to decade end
Equity hedge fund managers have taken their most ... Long/short equity funds were about 45% net long ... The trend has been strongly towards net long ... Bank of America Merrill Lynch's analysts said hedge ... The analysts, Mary Ann Bartels and Shan Hasnat, ... Hugh Hendry, founder and portfolio manager of UK...
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Hedge fund veterans start new fund
Four founding partners of former Citigroup hedge fund ... The New York-based fund, Meru Capital Group, started ... Meru Capital partners' roots run back to Morgan ... In July 2007, Citigroup paid some $800m to ... Ramakrishnan, 44 years old, left Citigroup in December ... Three other Meru principals - Jonathan Barton, Jeff...
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Hedge funds set for best year in a decade
Hedge funds are poised to register their best ... Figures published by data provider Hedge Fund Research ... There are possible pitfalls ahead, however. Damien Loveday, ... “Managers of great skill account for a small ... The best-performing strategies so far this year include...
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Execution sets sights on Switzerland
One of London’s leading brokers is planning to ... Execution Limited, the broking firm founded eight years ... The move comes as several big funds have ... Large hedge fund managers such as BlueCrest and ... Dipesh Patel, head of European equity sales at ... He said: “We think there will be a...
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RAB Capital sees virtue in its new focus
When times were good, hedge fund RAB Capital ... Then came the credit crunch. By this time ... Philip Richards stepped down as chief executive to ... The firm also convened an investor ballot last ... It was an about-turn on 2005, when RAB’s ... However, last year RAB Capital cut six hedge...
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London fund shows renewed demand for toxic assets
A London-based asset manager, which counts hedge fund ... Over the past four months, Ruffer, a £5.1bn ... Ruffer has used its £170m Illiquid Strategies fund ... In separate transactions in July and October, Ruffer ... In July, it purchased $75m (€50m) of the ... And this month it bought $18.5m of Bond...
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Hermitage lawyer dies in Russian jail
A lawyer for investment fund Hermitage Capital Management, ... She provided no further details, saying a release ... Magnitsky, a 37-year-old partner at Moscow firm Firestone ... At a court hearing on extending his detention ... "They held him for 11 months, asking him...
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Funds take off as investors return
Many aspiring hedge fund managers were wringing their ... Two – Roc Capital Management and Lucidus Capital ... The fundraisings support a growing feeling in the ... There are indications that large start-ups are in ... Steve Matthews, former head of commodities research at...
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Swedish pay plans draw hedge fund fire
Hedge funds reacted angrily today to suggestions from ... The $1.5 trillion (€1 trillion) industry has been ... But Florence Lombard, executive director of hedge fund ... The furore over bank bonuses revolved around "rewarding ... Sweden, the EU's current president, has already proposed...
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BlueCrest seeks new money for rejuvenated fund
Plans by BlueCrest Capital Management to raise new ... The London-based group said in a statement yesterday ... BlueCrest is expected to conduct the sale of ... The group’s chances of a successful fundraising will ... Listed hedge funds were, along with wider industry, ... AllBlue’s shares were trading at a 0.2% premium...
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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...
