159 articles found within the last year.
Displaying results 101 - 120
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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...
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SGAM takes an alternative view
Alain Clot, chief executive of Société Générale Asset ... Hedge funds and other alternatives are central to ... Last month, the division came under new leadership. ... He said: “Last year was a horrible year ... One investment consultant said he liked Société Générale’s...
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Hedge fund TCI lifts revenue 40%
UK activist hedge fund manager The Children's Investment ... TCI increased its revenue from £241.8m for the ... The increase is consistent with a rise in ... TCI has not disclosed details of its assets ... However, estimates of its assets under management have ... During the period between September 2006 and August...
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Gavyn Davies’ fund to expand in Europe
Prisma Capital Partners, a fund of hedge funds ... Prisma, which was launched in the US four ... The two co-founders with Davies, managing partner Girish ... Prisma gained clients in Switzerland, Germany and Scandinavia ... Prisma is relocating one fund manager to London ... “Expanding in London will give us better access...
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Investor allocations to hedge funds jump 28%
Institutional investors allocated $195bn (€124bn) to hedge funds ... About 23% of US institutions said they planned ... High net-worth individuals and family offices contribute the ... Fund of hedge funds are the largest contributor ... One example of the downside of direct investment...
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Goldman's flagship hedge fund stages a comeback
Goldman Sachs’ flagship hedge fund Global Alpha had ... Additionally, Goldman's Global Equities Opportunities fund, which required ... A spokeswoman for Goldman Sachs confirmed the performance ... Speaking at the Global Alternative Investment Management ... Litterman echoed comments made by David Viniar, chief...
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Multi-family office suffers Peloton setback
A fixed-income fund of hedge funds managed on ... A report published by the family’s Iveagh Private ... The four other largest positions were managed by ... The Iveagh fund was originally part of the ... Since launch in July 2003, the fixed-income fund ... Iveagh Private Investment House, which also manages third-party...
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Hedge funds endure a quarter to forget
The first quarter of this year is likely ... Deutsche Bank surveyed investors with a combined $4.5 ... The quarterly average last year was $49bn and ... The low figure, coming in a period where ... Many fund of hedge fund managers report continued ... The one lesson that investors and funds of...
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GLG hires consumer head amid departures
UK hedge fund manager GLG Partners, several of ... GLG said Fabrice Bay would join from DWS/Deutsche ... Bay was a managing director at DWS in ... A total of 10 investment or other senior ... Financial News reported at the end of April ... Dubicq was an activist hedge fund manager for...
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Ermitage hires Mercer partner
Ermitage Group, a $2.8bn (€1.8bn) UK fund ... John Rushen will work in London reporting directly ... He has joined directly from the UK arm ... Cadby said: "John brings tremendous knowledge, relationships with ... Rushen said he believed Ermitage could develop from...
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US presidential election may spur hedge fund regulations
James Chanos, the head of hedge fund manager ... Chanos, who spoke at the Securities Industry and ... Chanos cited a contemporary reference in Sean Wilentz, ... Chanos, who is also the head of industry ... “We’re about to have a shift in the ... Last year, the US House of Representatives approved...
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Hedge funds plan to move prime brokers
Hedge funds are looking to drop their prime ... A survey conducted by online hedge fund magazine ... “There is an element of flight to quality ... While service was a key driver of funds ... Capital introduction, where prime brokers put hedge fund ... “If you get a prime broker that understands...
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ECB study raises leverage fears
A study of hedge funds by the European ... Investors and consultants agreed with the ECB’s financial ... The ECB said: “Increased margin requirements and margin ... The review said changes in leverage seemed to ... The largest reduction in leverage between October 2006...
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Bear Stearns hedge fund managers may face indictments
Federal prosecutors, capping a yearlong investigation, are preparing ... The US Attorney's office in Brooklyn is slated ... The former Bear Stearns managers, Ralph Cioffi and ... At issue is whether the managers intentionally misled ... A spokesman for the US Attorney for New...
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Swiss hedge fund names new chief in management rejig
Absolute Capital Management has appointed its third chief ... The company, which is quoted on London's junior ... He replaces Treacher, who took over from Sean ... The company had to go through extensive legal ... Treacher told Financial News this month that he ... He said this month's appointment of Daniel Bieri...
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Citigroup to close hedge fund in blow to chief executive
Citigroup is closing a hedge fund co-founded by ... Old Lane Partners has been dogged by mediocre ... Pandit personally reaped at least $165m when Citigroup ... But as the fund struggled, Citigroup was forced ... Citigroup officials considered a plan to replenish Old ... The memo was premature. Citigroup later decided against...
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ECB praises hedge fund 'hurt money'
Large hedge funds' risk controls are better than ... The ECB, in its six-monthly financial stability report ... The practice of a hedge fund manager investing ... Robert Mirsky, a partner in the financial services ... The ECB warned the practice only partially offset ... Hedge funds had been forced last summer to...
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Hedge fund assets grow 20% to hit $2.9 trillion mark
Hedge fund assets have grown to more than ... However, the rate of growth of fresh inflows ... Citco Fund Services retained its ranking as the...
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Hedge funds reject voluntary code
Hedge funds have collectively rejected the voluntary code ... A spokesman for the HFWG confirmed last week ... At the publication of the 28 principles more ... In April, a survey of pension funds carried...
