Funds Hub
Money managers under the microscope
Morning line-up: Chile, nightmares and the back of the garage
News and views on the fund industry from Reuters and elsewhere:
Chilean fund regulation shake-up – Reuters
Lawyers become money managers – WSJ
Rooting round the back of the garage to plug pensions – Reuters
Neuberger reunited – Bloomberg
The hedge fund nightmare – Telegraph
Morning line-up: Legg Mason, Goldman and the BT Trustees
News and views on the fund industry from Reuters and elsewhere:
Hard road for Legg Mason’s Fetting – Reuters
Bank teams rush to set up new funds – FT
BT Trustees in court over state guarantee – Reuters
IMA recombines UK income sectors - Hargreaves Lansdown
Goldman: Conflict of interest latest – Bloomberg
Another year of losses for hedge funds?
Are we heading for another down year for hedge funds?
I ask because after a choppy six months or so, during which the FTSE 100 is down 3.6 pct, hedge funds have also lost 1.12 pct.
Some commentators are predicting a rebound in equities and other assets, but others expect further volatility, which could be harmful to funds’ returns.
How much volatility can you take?
It’s been a volatile few months for stock markets and many hedge funds have suffered as a result.
However, few have had such volatile performance as Superfund.
The managed futures fund, whose founder Christian Baha we profiled in May and who pops up in today’s FT in a section extolling the virtues of ‘Vienna as a financial centre’, saw its aggressive share class fall a hefty 28.37 percent in May’s turbulent markets, having lost more than half its value in 2009.
Morning Line-Up: Hedge funds, sterling shorting, rights issue consultation
Hedge funds see ‘trying’ year in 2010-survey – Reuters
Big fall in short selling of sterling since budget- Daily Telegraph
Fund managers throw down the gauntlet to banks on rights issue fees – Times
Money flows to bonds, emerging market stocks in first half - Reuters
Morning line-up: Escaping new tax, European pay curbs and a new fund
News and views on the fund industry from Reuters and elsewhere:
Some NY hedge fund execs may escape new tax – Reuters
Hedge fund fury over EU pay curbs – Independent
Jupiter adds co-managers to Distribution fund - Fund Strategy
Gartmore launches European hedge fund – Fund Strategy



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