Funds Hub
Money managers under the microscope
Morning Line-Up: CIC adding staff, Connaught woes for Parvus
News and views on the asset management industry from Reuters and elsewhere:
China’s sovereign wealth fund in new hiring round – Reuters
Lawyers for Rajaratnam urge judge to scrap wire taps - Reuters
Ex-FDIC head blasts US financial reforms - Fund Strategy
SEC to address “empty voting” - Institutional Investor
Parvus nursing £70 mln loss on Connaught - Daily Telegraph
Morning Line-Up: Ikos divorce, Madoff clawback considered
News and views on the asset management industry from Reuters and elsewhere:
Mexico pension funds eye $600 million private equity stakes - Reuters
Divorce tearing apart Ikos fund - New York Post
Knight Capital Group to buy Astor Asset Management - Hedge Funds Review
Madoff trustee could sue 1,000 investors - Reuters
TR European Growth ditches discount control mechanism - Fund Strategy
Morning Line-Up: Investor influence declines, takeovers revive
News and views on the fund industry from Reuters and elsewhere:
Fund firms fret over investor activism, finds IMA survey - Reuters
Martin Currie launches new funds as part of strategic review - Fund Strategy
Merger arbitrage funds eye takeover revival - Financial Times
Pay for hedge fund IT staff surges - City AM
Habib emerges at SkyBridge
Fund of hedge funds manager Cem Habib, whose departure we revealed this week, has popped up at boutique investment bank SkyBridge Group (not SkyBridge Capital) where he will be head of international operations.
Habib’s role at the group, which has advised on a number of Kazakhstani oil and gas deals, will be to co-ordinate the firm’s activities outside Kazakhstan — a country well-known for large resources sector (and not just as the homeland of fictional TV interviewer Borat).
Morning line-up: Small is beautiful and an equitable Kipper
News and views on the fund industry from Reuters and elsewhere:
Small caps coming up on the outside – Reuters
Fishy returns? – FT
Kipper Williams on Equitable Life – Guardian
BofA exits to PE – Bloomberg
Smaller, nimbler trumps size in China – Reuters
Morning line-up: Kazakhstan, BlackRock and Paulson
News and views on the fund industry from Reuters and elsewhere:
The new Curzon street: Kazakhstan – Reuters
BlackRock faces the margin squeeze – Reuters
NY pension fund mulls hedgie plunge – Bloomberg
Aberdeen’s LatAm income fund – Trustnet
Morning Line-up: City recruitment, UK banks’ funding crunch, Cem Habib
News and views on the fund industry from Reuters and elsewhere:
City recruitment to go on despite slow-down fears - FT
British Banks’ funding gap – Daily Telegraph
Cem Habib leaves Cheyne Capital – Reuters
Celeb connection in hedge fund move
It’s hardly a revelation to say the world of hedge fund managers and celebrities often overlap, but there’s a couple of interesting celebrity connections with our exclusive today that fund of hedge funds manager Cem Habib has left Cheyne Capital to work in investment banking.
Tamara Beckwith (left) works on Stanbury's website
Habib is married to entrepreneur and former personal style consultant Caroline Stanbury. Reportedly once a girlfriend of Prince Andrew, she recently gave an interview (complete with slideshow) to The London Magazine about the couple’s opulent Kensington home.
Morning line-up: Duck!, pink and Fink
News and views on the fund industry from Reuters and elsewhere:
Heads down for a full house – Reuters
Autonomy, BlueCrest in the pink – FT
Fink, BlackRock in spotlight – Reuters
Wu raises $100m for China hedge fund – Bloomberg
Fresh ire over Newcits – Hedge Fund Journal
Morning line-up: Divorce, debt, gold and schism
News and views on the fund industry from Reuters and elsewhere:
Hedgie divorce judge: Stop! You’ll never be poor – Telegraph
Debt infrastructure fund set for market debut – Reuters
Schism in the UK corporate governance debate – FT
Jeff Clark on the ‘crowded’ gold trade – Zero Hedge
Trendy – WSJ
