HFMWeek Snapshot – 18 August
Today: Ospraie loses $1bn; Japanese hedge funds head towards the brink; hedge funds slip 2%; and finally, Threadneedle head joins Gartmore...
Today: Ospraie loses $1bn; Japanese hedge funds head towards the brink; hedge funds slip 2%; and finally, Threadneedle head joins Gartmore...
NEWS ANALYSIS: JPMorgan have asked the competition not to poach Bear Stearns talent. will anyone listen?
TODAY: Boutique bank Perella Weinberg extends a helping hand to smaller hedge fund Xerion Capital Partners, Goldman makes enough money to feed the entire Chinese army and the manager of collapsed hedge fund Portus Asset Management misses his flight to Canada to face criminal charges...despite his best efforts.
Another surprise - the number of hedge funds which have not registered with the SEC
Hedge funds are looking to raise ‘permanent capital’ by listing on the London Stock Exchange (LSE), with almost $1bn in assets generated in two IPOs in the past two weeks.
Fed Chief considers extending the interim programme that entitles investment banks to take advantage of low-cost overnight loans.
Highbridge will attempt to raise $1bn from wealthy investors for a fund focused on buying distressed bank debt.
The Dubai Multi Commodities Centre has invested $150m in three commodity-related hedge funds that will trade in compliance with Islamic religious principles.
NEWSPAPER AND WIRES: FTAlphaville reports more trouble and strife for Absolute Capital Management; Basis Capital investors can finally get their money and Merrill Lynch could fare worst of all the investment banks. But don't worry at least your £5m Mayfair flat is still going up in price.
Gottex, a $15.7bn fund of hedge funds manager, has filed a lawsuit against Stewardship for preventing them from redeeming.
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This month’s HFMWeek Subscriber Club breakfast will take place on Wednesday 22 September. Join us and…
30/09/2010
The next HFMWeek Subscriber Club breakfast will take place on Thursday 30 September. Topic and…
19/07/10
Following the success of the last year’s HFM US Hedge Fund Performance Awards we...