Funds Hub

Money managers under the microscope

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:

RTR1SGF8Small 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

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. RTXEGIK

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:

RTR1SGF8Heads 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

Weathering the storm


Interesting to see two fund firms still winning new business, in spite of recent market turbulence.

Both Polar Capital and BlueBay reported roughly $300 mln of net inflows in the last quarter, showing that despite a sharp sell-off in markets, there is still demand out there.