157 articles found within the last year.
Displaying results 81 - 100
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Odey pockets $55m after 55% return
UK hedge fund manager Crispin Odey earned almost ... Odey was the highest paid member of Odey ... Odey personally manages Odey European Inc, or OEI, ... The performance of OEI helped Odey Asset Management ... OEI Mac, a feeder fund for OEI that ... Some funds at Odey have performed badly. Odey...
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Global macro funds hit by oil price reversal
Global macro hedge funds lost more than 5% ... The investable index of global macro hedge funds ... This was preceded by a 0.86% fall the ... David Bailin, president of Bank of America Alternative ... Brent crude’s 46.8% rise in 2008 to $143.51 ... Jeff Majit, head of European investments at Lehman...
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Star hedge fund manager opts for London over Switzerland
Greg Coffey is understood to be staying in ... There had been uncertainty about whether Coffey, who ... Phillipe Jabre, who also left GLG, in 2006, ... Coffey resigned from the $24bn London hedge fund ... Coffey made 68.58% on money he managed at ... News of Coffey staying in London came as...
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FSA plans clampdown despite no evidence of HBOS manipulation
The UK's Financial Services Authority said today it ... On the afternoon of March 19, the FSA ... These rumours focused on a British bank that ... Market commentators speculated that the fall in HBOS's ... The FSA said today that its investigation of ... The regulator said that the rumours were circulated...
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RAB Capital's flagship fund drops 13%
RAB Special Situations, the flagship vehicle of London ... The net asset value of RAB Special Situations ... The value of RAB Special Situations, the $1.5bn ... RAB Special Situations Company is listed on London's ... RAB Special Situations invests largely in shares of ... The FTSE All Share Mining Index of mining-related...
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Unigestion to launch two funds of funds
Swiss asset manager Unigestion is launching two funds ... It has seeded its Distressed Hybrid Fund of ... Jean-François Hirschel, Unigestion’s head of marketing, said: “When ... The firm said repricing of risk, increased credit ... Hirschel added: “The distressed cycle we are expecting...
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As the markets throw knuckle balls hedge-fund stars still hit home runs
Some hedge-fund stars of 2007 are having an ... John Paulson, who directed the hedge fund Paulson ... Philip Falcone, who saw gains of about 120% ... It isn't necessarily surprising that investors who wagered ... Indeed, financial stocks are up slightly this month ... Still, some of the gains are coming in...
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Goldstein and Icahn top list of US activists
Funds run by Phillip Goldstein and Carl Icahn ... Goldstein’s Bulldog Investors and Icahn Associates were each ... An activism campaign can include formal proxy fights, ... One of the year’s most publicised campaigns has ... Of the total campaigns, hedge funds were involved...
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Investors fear higher risk of lending to hedge funds
Hedge funds are increasingly providing finance to their ... Fund managers including Cerberus Capital Management and SAC ... Their peer Fortress Investment Group is also understood ... Matt Simon, research analyst at Tabb Group, said ... He said the main reasons hedge funds were...
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Thames River Capital swims against the tide
Independent hedge fund Thames River Capital has no ... The London asset manager employed Glyn Jones, former ... Warren said: “If we had wished to do ... Shares in fund of hedge funds manager Gottex ... Thames River Capital started with seed money in ... The firm has $13bn (€8.2bn) managed by eight...
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BlueBay shares rebound on asset rise
Shares in BlueBay Asset Management, a UK-listed fixed ... According to BlueBay, it managed assets worth $21bn ... Over the 12 months to the end of ... By contrast, BlueBay's long/short business grew only 13.9% ... Performance fees generated over the full fiscal year ... Commenting on today's trading statement, BlueBay chief executive...
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Rothschild-backed hedge fund plans US and Japanese expansion
Millennium Global Investments has established a presence in ... Mark Astley, Millennium Global's chief executive, said the ... Astley said there was "huge demand" in Japan ... "There has been a huge demand for currency ... Lord Rothschild, via investment vehicle RIT Capital Partners,...
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Rising junk default rates put hedge funds under pressure
Hedge funds that piled into the high-yield bond ... Since 2003, hedge funds and other speculators have ... However, the credit crisis and the risk of ... Martin Fridson, chief executive of specialist investor Fridson ... He said: “This will almost certainly happen, and ... Fridson said hedge funds in this trade used...
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Emerging markets lose lustre as returns turn negative
Emerging markets, the great hope for the investment ... A turnround in returns from hedge funds that ... The 94 emerging markets hedge funds calculated by ... Kenneth Heinz, Hedge Fund Research president, said the ... However, investors’ decision not to invest more recently...
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GLG looks for green gold
Environmental issues are moving into the mainstream, according ... “Our belief is that the environment will be ... Lagrange – the “L” in GLG – happens ... It is down to analysis of corporate and ... Companies are implementing sustainable strategies at different speeds,...
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Hedge funds prove slow to adopt best-practice valuation
The publication of best-practice standards for the hedge ... In January, 14 of the UK’s largest hedge ... These aim to improve governance and disclosure and ... Six months on, however, only one, unnamed, hedge ... Sir Andrew Large, chairman of the working group, ... He said: “I don’t expect managers to simply...
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Emerging markets falter as commodities funds soar
Emerging markets hedge funds lost 6.7% of their ... However, their first-half performance was better than the ... Last year, the index gained 36.5%, beating average ... In the first six months of the year, ... Funds of hedge funds managers said performance of ... Harry Wulfsohn, director at fund of hedge funds...
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Man Group posts $5bn asset rise
Man Group, the world's largest hedge fund manager, ... Jon Aisbitt, Man Group's chairman, attributed this asset ... Speaking at the firm's annual general meeting and ... In the corresponding quarter last year Man Group ... Aisbitt said the latest period's sales comprised $2.2bn...
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Private equity kingpin backs buyout of Fortis hedge funds arm
Belgo-Dutch bank Fortis has sold its $4.3bn (€2.7bn) ... Fortis has sold International Asset Management in a ... According to Morten Spenner, chief executive of IAM, ... Following Fortis' takeover of ABN Amro's asset management ... IAM's entire management team, including its founder Albert...
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Hedge funds predict $1 trillion bank writedowns
Hedge funds are bullish about their own future, ... The Opalesque Roundtable, sponsored by Newedge Prime Brokerage ... Stephen Oxley, a managing director of Pacific Alternative ... "Depending on various estimates, about 70% of the ... The panel was unanimous in its expectation of...
