134 articles found within the last year.
Displaying results 41 - 60
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Cautious Odey stays bullish on banks
London-based hedge fund manger Crispin Odey has followed ... Odey, who has also argued that rising bank ... The firm’s best-performing investments were in technology stocks, ... The gains on banking stocks come a week ... Odey's fund had previously made 28% in April ... However, Odey warned in his report that the...
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Clients turn the tables and change rules of engagement
At the end of last year, when about ... Unfortunately managers did not have to, thanks to ... The manager of one London fund of funds ... Investors increasingly demand ways to exit investments quickly ... Investcorp has used them since 1996. Prominent rivals ... The money in such accounts is inaccessible to...
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Investors return to chase listed hedge fund profits
Investors are once again buying shares in the ... The volume of trading in shares of listed ... Mark James, executive director on the alternative funds ... Their interest stands in stark contrast to last ... In their rush to exit the sector, funds’ ... To narrow the gap, at least four managers...
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Atticus founder puts investors first with fund closures
The founder of activist investor Atticus Capital took ... Tim Barakett made the decision yesterday to close ... Over the longer term, Atticus's performance has been ... Atticus was among a small group of firms ... Barakett will continue as chairman and chief executive ... In a letter to investors yesterday, he wrote:...
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Hedge funds suffer management fee blues
Less than a fifth of all hedge funds ... Only 13% of funds set-up this year have ... This is a large drop on the figure ... The average fixed management fee being charged by ... The research, published by Morgan Stanley on Friday, ... This fact supported a finding last month, made...
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Coffey helps GLG wake up to senior departure
The chairman of hedge fund GLG Partners has ... Announcing the company's second quarter results yesterday, Noam ... It is not known when Donald will leave ... Gottesman said Donald ran "a very small portion ... However, he reflected soberly on the past 18 ... Gottesman said: "We lost a major team and...
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Investors relaxed over high-risk fund's 25% plunge
The chief executive of a successful New Zealand ... 36 South Investment Management, previously based in New ... However, the fund's Regent Fund SPC, which trades ... 36 South’s chief executive, Jerry Haworth, told Financial ... Despite the large June loss, the fund remains...
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London seeder commits up to $60m to credit manager
The seeding arm of Financial Risk Management, a ... FRM Capital Advisors is using money from its ... Although FCA has been relatively active in backing ... In the second half of last year, researchers ... The climate for start-ups did not improve in ... Patric de Gentile Williams, FCA's chief operating officer,...
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Hedge funds face life without 'two and 20'
The 60-year old fee structure used by the ... The industry’s standard “two and 20” fee model ... A 1970 article in Fortune magazine noted: "The ... However, only seven out of 10 hedge funds ... Preqin found that as large investors apply pressure ... Preqin said: "Fees are now being driven down...
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Trustee sues Ruth Madoff for more than $44m
The court appointed official in charge of recovering ... Irving Picard, the court appointed trustee, yesterday sued ... "For decades, Mrs Madoff lived a life of ... "Regardless of whether or not Mrs. Madoff knew ... Picard has now filed about a dozen lawsuits ... Although Mrs Madoff has been the focus of...
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RAB Capital flagship slow to claw back losses
The performance of RAB Capital's Special Situations hedge ... Performance statistics from the listed fund that feeds ... The continued shortfall at the London manager remains ... Richards, who manages to the flagship fund, now ... Between the start and middle of this year,...
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Hedge funds keep gates firmly locked despite record gains
The best first-half performance by hedge funds for ... About $130bn (€91bn), or about 10% of all ... One fund of funds manager unable to retrieve ... Sheldon Macdonald, senior investment analyst at investor Nedgroup ... He said equity hedge funds relaxed curbs earliest ... Managers back on normal business terms within 12...
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France extends short-selling ban
France’s financial services regulator, the Autorité des Marchés ... The AMF announced this morning that it would ... It had introduced the ban in September, about ... The AMF also said this morning that it ... It said it had proposed four, specific rules ... The AMF told CESR that short-sellers should disclose...
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Investors continue to flee improving hedge funds
Investors are still pulling money out of hedge ... Assets managed by hedge funds grew by $100bn ... Positive returns helped to offset the outflows to ... None of the main fund investment strategies took ... Nearly three quarters of all hedge funds were ... Overall, withdrawals were more than outweighed by the...
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Founder departs top-performing Russia hedge fund
Dmitry Kryukov, the co-founder of one of the ... Kazimir Partners, a hedge fund firm with offices ... Kazimir declined to comment on Kryukov’s departure but ... The fund was one of one of the ... The Kazimir Russia fund maintained a top ranking ... In 2005, Kazimir acquired the funds business of...
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US hedge fund enlists owner's rival as broker
FrontPoint Partners, a US hedge fund bought by ... The Greenwich, Connecticut based group, which was founded ... FrontPoint's move is boost for the Swiss bank, ... One investment consultant said: "Hedge funds have become ... A source close to the US bank said ... The source added that Morgan Stanley was prime...
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Hedge fund with £100m salaries drops 90%
UK hedge fund manager Gradient Capital, which is ... The accounts of Gradient Capital Partners, a limited ... After taking into account administrative expenses and interest ... The accounts have just been published at Companies ... The hedge fund managed by the firm made ... The worst of Gradient's 2008 investment losses came...
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Mayor of London to lobby for hedge funds
London Mayor and influential Conservative politician Boris Johnson ... Speaking this morning at an event at the ... The European Commission proposed the directive in April ... Boris Johnson said this morning: "I support strong ... He added: "No other European city's financial services...
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Hedge funds unlikely to rebound before 2014
Hedge fund assets globally may not recover to ... While assets under management are likely to stabilise ... Assets globally stood at $1.4 trillion at the ... Charles Roxburgh, director at McKinsey, said: "Collectively, the ... The forecast by the McKinsey Global Institute, contained...
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The Children’s Investment Fund comes of age
UK hedge fund manager The Children’s Investment Fund ... Its cumulative fee income, from its launch almost ... The lack of publicity is typical of TCI, ... The latest accounts, published last week for the ... TCI’s accounts say its revenue represents fees receivable ... That year was the start of a significant...
