157 articles found within the last year.
Displaying results 61 - 80
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RAB Capital proposes three-year lock on investors in flagship fund
London hedge fund manager RAB Capital is proposing ... Investors in the Cayman Islands-domiciled RAB Special Situations ... The two feeder funds represent more than 90% ... Closing the two feeder funds and returning cash ... A spokesman for RAB said that if investors ... The board of RAB Special Situations Company, whose...
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Hedge funds' capital idea: fee cuts
In another sign of the changing power dynamics ... Camulos Capital in a letter last week asked ... Meanwhile, Ore Hill Partners, a New York money ... With returns lower this year at many hedge ... Lowering fees can make it hard for funds ... Camulos investors have asked to pull almost $350m...
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P-Solve Alternative merges with Swiss fund of hedge funds group
London fund of hedge funds manager P-Solve Alternative ... The transaction is only the ninth merger between ... Kirsten English, chief executive officer of the merged ... Grenfell PAI is seeking sales staff to help ... English said Grenfell PAI aimed to increase its ... As a result of the merger, assets in...
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Gartmore's Guy to open new hedge fund
Veteran UK hedge fund managers Roger Guy and ... Gartmore said it just waiting for regulatory approval ... A spokesman for the firm said it was ... The new fund will be managed using a ... The new fund will satisfy the requirements of ... The spokesman said it was the first in...
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Winton Capital pushes its futures frontiers
Winton Capital Management is heading east in its ... The UK firm is growing business at more ... David Harding, Winton’s founder and managing director, said: ... “This would be a logical extension of the ... Harding said the Chinese authorities were poised to ... He is also interested in futures attached to...
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Energy and commodities prices continue to cause pain
Another month, another set of disappointing performance numbers. ... The fact that in August only one hedge ... Chris Manser, global head of the $5.5bn (€3.8bn) ... Manser said that, based on researching the fundamentals ... Funds investing in distressed securities fell 0.4% in...
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Hedge funds get a new cop
Memo to London's hedge fund managers: There is ... The UK's financial regulator has hired Australian Andrew ... The appointment comes as the UK regulator is ... Crain, 39 years old, hasn't worked at a ... In an interview, Crain described his approach as ... -- from Letter from the City, send comments...
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RAB Capital chief executive steps down
Philip Richards has stepped down as chief executive ... Richards co-founded RAB Capital in 1999 with executive ... RAB said Richards will be replaced as chief ... Richards, who will remain an executive director of ... Charles Kirwan-Taylor, head of sales, has also been ... A source close to the firm said: "This...
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GAM appoints ex-partner from Marshall Wace
Mark Hawtin, a former partner at London hedge ... Hawtin will start at GAM, part of Swiss ... Hawtin was previously a partner at Marshall Wace ... Before working at Marshall Wace, Hawtin was at ... GAM saw assets in its single manager hedge ... Marshall Wace also saw a decline in assets...
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Watson Wyatt criticises high fee structure
Leading pension consulting firm Watson Wyatt has criticised ... Damien Loveday, senior investment consultant for manager research ... One investor said he had seen one London ... Paul Meader, director at UK fund of hedge ... He said he would “take a pretty dim ... John Godden, founder of UK fund consultants IGS...
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Packer family office fund faces calls for wind-up
Minority investors in the Australian-listed Ellerston GEMS hedge ... Fund manager Ellerston Capital Management, which manages the ... However, its board has rejected the liquidation call, ... Glenn Poswell, chief executive officer of the fund's ... The liquidation call follows a 10.8% fall in...
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Old funds fuel fee earnings at Thames River
Thames River Capital, the London-based asset manager, increased ... The firm took £129.7m (€88.2m) in fees across ... Thames River's previous reporting period ran from January ... Among its hedge funds, fee intake was buoyed ... Compounding is the process whereby the change in...
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Market-listed funds continue to attract the attention of investors
Hedge funds and funds of funds have raised ... Mark James, executive director at UK bank Royal ... The money has mainly been invested by institutions, ... Managers such as Financial Risk Management and Marshall ... He said: “There is not much incentive for ... The fact that shares in closed-end funds can...
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Brevan Howard tops hedge fund table
Europe’s 10 largest hedge fund managers have taken ... UK global macro fixed-income manager Brevan Howard Asset ... All but one of Europe’s largest 10 hedge ... Nicola Meaden, chief executive of investment consultancy Dumas ... Brevan Howard dethroned AHL, the computer-driven investment system...
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Oil prices drag energy hedge funds down in July
Sharp reversals in the price of oil in ... Peter Laurelli, vice-president of US-based data provider HedgeFund.net, ... In the seven months to July 31, hedge ... The barrel price of Brent crude to July ... Brent crude was trading at $111.10 a barrel ... Funds investing in some emerging markets economies that...
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Europe’s top managers see their assets balloon
Investors have sought the shelter of large firms ... All but one of Europe’s largest 10 hedge ... Europe’s 10 largest firms manage between them about ... Concentration of assets in the largest managers in ... In Europe, London’s Brevan Howard Asset Management, a ... The flotation of a fund in the first...
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Goldman Sachs-backed hedge fund doubles revenue
A hedge fund firm, which investment bank Goldman ... Capula Investment Management generated £38.2m (€47.8m) in income ... After deducting expenses, the London fixed income hedge ... This figure was a 172% increase on the ... Goldman Sachs bought a 19.9% stake in Capula...
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Former LTCM scientist launches fund
A quantum physicist formerly of Long-Term Capital Management, ... David Ko, who co-authored 10 academic papers on ... Ko and Cain worked together in the UK ... The repercussions of the default are regarded as ... Cain, who worked at hedge funds Shumway Capital ... “I created this at JWM and it made...
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Trader lands $300m to stay put at Fortress
Eager to keep one of its key employees, ... Levinson, who also is the chief investment officer ... Fortress has struggled mightily in its 18 months ... Levinson's windfall - which was alluded to in ... But public firms also answer to shareholders, who ... In a research note Thursday, Citigroup analyst Prashant...
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Coffey leaves GLG with mixed performance
One star trader does not a hedge fund ... Documents shown to Financial News by investors show ... Coffey’s GLG Emerging Equity fund was up 13.4% ... However, the fourth and largest fund Coffey oversees ... Noam Gottesman, GLG’s chief executive, last week revealed ... Gottesman said: “The first half of 2008 went...
