BlueCrest hurtles over share issuance target
23/06/2010
UK-based listed hedge fund BlueCrest AllBlue Fund has raised over £348m ($516.6m) for its latest share issuance, more than doubling its original target of at least £150m ($220.8m).
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Articles tagged with listed funds
NB Distressed Debt begins trading on LSE
10/06/2010
Closed-ended investment company NB Distress Debt Investment Fund will begin trading on the Specialist Fund Market (SFM) of the London Stock Exchange today, becoming only the third admission to the SFM this year.
BH Macro ends difficult May with positive performance
08/06/2010
Listed hedge fund BH Macro rescued a disappointing May by posting a positive performance over the final week of the month, while the majority of listed funds reported a negative performance.
Discount pricing threatens confidence in listed funds
01/06/2010
Listed hedge funds are set for another round of continuation votes as the sector continues to trade at a discount to net asset value (Nav).
Listed fund space sees split between haves and have-nots
31/03/2010
The listed fund market has divided itself well and truly between those fund managers that consistently outperform for their shareholders and those that don’t.
To list or not to list?
01/06/2010
Last year, a series of share buybacks and successfully carried continuation votes buoyed a beleaguered listed hedge fund sector. With the majority still trading at a discount in 2010, a number of funds are now facing a new round of voting (see news, p5), as shareholders choose between winding-up or carrying on. In the face of this apparent threat, confidence in the sector still remains high as a new range of investors show interest. And though ‘Newcits’ remain, for many, the regulated fund du jour, according to a recent RBS survey only a quarter of those at listed funds perceived the Ucits product as a potential threat. According to Mark James of RBS Global Banking & Markets, there are still many hedge fund strategies that are better suited to a closed-ended listed fund. “It [the growth of Ucits] certainly doesn’t ring the death knell for the listed sector,” he said.
Co-head of Amundi Alternative Investments is leaving to join a hedge fund
Matt Stefan global co-head of Amundi Alternative Investments is leaving the company to join a start-up hedge fund, according to a source familiar with his plans.
Investor survey reveals improvement in fee terms
The relationship between hedge funds and their investors continues to show signs of improvement with the latest Preqin investor survey reporting that over 60% of respondents believe fund terms had turned in their favour.
Goldman Sachs fined £17.5m by FSA
Goldman Sach’s £17.5m ($27m) fine by the FSA is another indication of the UK financial regulator’s willingness to crack down on firms that “bend the rules”, according to regulatory advisory group Kinetic Partners.
Co-head of Amundi Alternative Investments is leaving to join a hedge fund
Matt Stefan global co-head of Amundi Alternative Investments is leaving the company to join a start-up hedge fund, according to a source familiar with his plans.
Investor survey reveals improvement in fee terms
The relationship between hedge funds and their investors continues to show signs of improvement with the latest Preqin investor survey reporting that over 60% of respondents believe fund terms had turned in their favour.
Goldman Sachs fined £17.5m by FSA
Goldman Sach’s £17.5m ($27m) fine by the FSA is another indication of the UK financial regulator’s willingness to crack down on firms that “bend the rules”, according to regulatory advisory group Kinetic Partners.
22/09/2010
UK: Ucits IV
The next HFMWeek Subscribers' Club breakfast will take place on Wednesday 22 September. Join us and…
30/09/2010
US: Capital introduction
The next US HFMWeek Subscribers' Club breakfast will take place on Thursday 30 September. Join…
26/08/10
European Legal Summit
The exclusive free event consists of two days of in-depth panel discussion and plenty...
