Funds Hub
Money managers under the microscope
Morning line-up: Brevan, BofE, business models
News and views on the hedge fund sector from Reuters and elsewhere:
Hedge funds perform well amid business model changes – HedgeWeek
Brevan Howard staff in London to be offered Geneva move – FT
50 top female hedge fund stars named – City AM
Bank of England panel condemns draft EU hedge fund legislation – Times
Shorting Kazakhmys
Interesting to see increased short interest in Kazakhmys.
This week we highlighted Cazenove hedge fund manager Tim Russell’s caution about the miner’s valuation and the consistency of its earnings.
According to Data Explorers, the short base has been rising steadily over the past three months to 0.9 pct from 0.1 pct.
Morning line-up
News and views on the hedge fund sector from Reuters and elsewhere:
Credit Suisse to beef up Asian prime brokerage - Reuters
Bluecrest moves staff to Geneva - Times
More than 12 hedge funds plan Asia office - BusinessWeek
Morning Line-Up
News and views on the hedge fund industry from Reuters and elsewhere:
Paulson and Centerbridge to invest $400m in Extended Stay - FT.com
Soros to open Hong Kong office – source - Reuters
Ex-Fortress manager prepping new macro firm - MarketWatch
(Another) Paulson payday
A large (and not entirely unexpected) payday for John Paulson’s European arm.
Four members of Paulson Europe LLP shared 50.8 mln stg for the year to March ’09, up from 37.1 mln stg the previous year, company accounts show.
Gold – “the most dangerous asset”
A controversial call from hedge fund veteran Alan Miller.
The ex-New Star CIO, now a partner at Spencer-Churchill Miller Private, warns that the most dangerous asset to buy is gold, which is near a 3-week high of $1,128 an ounce.
“I realise that I will be burned at the stake for being a heretic but the most dangerous asset must be gold,” he writes.
Morning line-up
Enlightening stories on the hedge fund industry from Reuters and elsewhere.
Tudor turned away money from biggest hedge fund – Reuters
Pimco’s Zhu leaving for China foreign-exchange post – WSJ
Fortis Bank NL, Credit Suisse in PFS talks – Reuters
M. Stanley names Japan prime broking head in Asia push – Reuters
Interview – Fabrizio Ladi Bucciolini, Reyl Asset Management – HedgeWeek
Blair Franklin plans global hedge fund – Globe and Mail
Morning line-up
Enlightening stories on the hedge fund industry from Reuters and elsewhere.
Tapes key to Galleon case, Khan’s lawyer says – Reuters
Ex-wife sues SAC’s Cohen, alleges insider trading – Reuters
Investment managers confident about 2010 prospects – Hedge Funds Review
New Haven pension fund invests in hedge fund replication – Global Pensions
Australian hedge funds up 1.54 pct in November – HedgeWeek
Morning line-up
Enlightening stories on the hedge fund industry from Reuters and elsewhere.
New hedge fund launches are smaller and cheaper – FT
Crispin Odey nets 30 mln stg – The Times
Lyxor hedge fund index up 1.1 pct – HedgeWeek
Q3 hedge fund starts exceeded closures – American Banker
Morning line up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Hedge funds call for softening of EU plan for pay caps – Daily Telegraph
SFO probes Dynamic Decisions - Reuters
Fund manager Horseman to step down - Reuters
Insider trading becomes systemic at hedge funds – Bloomberg
Chinese sovereign fund hires Tudor manager - Wall Street Journal
