Funds Hub
Money managers under the microscope
Morning line-up
News and views on the hedge fund sector from Reuters and elsewhere:
Ex-Centaurus HK chief starts new fund - Bloomberg
Reprieve for Cohen? – Reuters
Hedgies’ impact on energy trading – Commodities Now
Investors pour in billions – Reuters
Citi taps the UCITS rush – FINAlternatives
Morning line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
EU directive could be softened, says Lib Dem chair - Guardian
US targets offshore approved loans – Reuters
Fears grow for hedge fund on US financials losses - FT
Slumping energy demand over, says fund manager Melis – Bloomberg
Morning line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Fuld says being “dumped on” for Lehman failure – Reuters
MF Global starts Japan brokerage – Bloomberg
Despite UK taxes, funds stay in London – WSJ
US hedge fund locks horns with Chinese tycoons – South China Morning Post
Pushing back against energy speculation limits – Institutional Investor
ML note – hedgies sell equities
Bank of America-Merrill Lynch’s latest “Hedge Fund Monitor” note shows managers are aggressively selling equities and building a record net long position in 2-year Treasuries.
According to the note, hedge funds last week continued to decrease aggressively their net long position in S&P 500 futures and added to net shorts in the Russell 2000.
from Global Investing:
The final frontier market
As a fallout in emerging markets -- once hailed as a safe-haven from the global financial crisis -- gathers pace, asset managers are scrambling for newer markets.
What about North Korea? The Stalinist country boasts large untapped natural resources with deposits of gold, coal, zinc and other minerals. It has virtually no capital markets and its banks are all state-owned -- making it a true safe haven from the global financial crisis.
