Funds Hub
Money managers under the microscope
Morning line-up: D.E. Shaw, greed, regulation
News and views on the fund industry from Reuters and elsewhere:
France blocks EU hedge fund rules – diplomats – Reuters
Hedge fund D.E. Shaw makes staff cuts – source – Reuters
Hedge funds are not Gekko-like evils but they are greedy – Sydney Morning Herald
Endesa sells gas assets to Goldman funds – WSJ
North American funds buy Australian gold stocks – Sydney Morning Herald
UK retail fund assets highest on record in August – IMA – Reuters
Morning line-up: Asian solar, bonds and correlations
News and views on the fund industry from Reuters and elsewhere:
Lands of the rising sun – Reuters
Bonds. Bubble? – Telegraph
Chasing the dream – Reuters
Don’t take it personally.. – Belfast Telegraph
New bid to solve hedge fund rules row – Reuters
Correlation swaps.. – FT Alphaville
from Emily Chasan:
Fortress CEO: The black box is dead
Famously secretive hedge funds may have to stop being so secretive if they are to continue attracting all that money from their wealthy clients.
Chief executive of Fortress Investment Group, the $41.7 billion hedge fund and private equity group, said investors are demanding a lot more transparency these days.
Cheyne Capital on leverage…
European lawmakers are watering down their proposals for an across-the-board cap on hedge fund leverage, says Cheyne Capital Chief Investment Officer Chris Goekjian.
Morning line-up: Trust funds, luck and etiquette
News and views on the fund industry from Reuters and elsewhere:
Rallying cry for Child Trust Funds – AP
Korean SWF looks for partnerships – Reuters
Stay Lucky – HFMWeek
Poor hedgies – Reuters
Morning line-up: FSA, risk and wise owls
News and views on the fund industry from Reuters and elsewhere:
So who’s regulating the people who regulate the regulators’ pay – FT
Hedgies tiptoe away – Reuters
Foot off the gas – Bloomberg
SA hedge funds get in on the act – Business Day
Altman is a hoot – Reuters
A mixed picture
Results from fund firms GAM and Jupiter this morning provide some interesting insights into the different drivers of the hedge fund industry.
GAM, which saw profits tumble last year as clients pulled out of its hedge funds, recorded net inflows into these portfolios for the first time in two years, showing that, despite market volatility and investor caution, there is money out there looking for a home and that a firm can still reverse its fortunes in this climate.
Morning Line-Up: Tories, TPG, GAM
News and views on the fund industry from Reuters and elsewhere:
Hedge fund boss gave Tories £500,000 during election – Guardian
GAM H1 profit rises as hedge funds recover – Reuters
Indian father, son face lawsuit in U.S. over hedge funds – Economic Times
TPG launches second yuan fund in China’s Chongqing – Reuters
Moody Aldrich and Wilshire launch hedge fund seeding platform – HedgeWeek
Way Group launches Absolute Return Portfolio fund – HedgeWeek
Morning Line-Up: Dana, TPG, Ucits
News and views on the fund industry from Reuters and elsewhere:
Hedge funds to win big as Koreans close in on Dana – Reuters
Ucits pioneer warns of glut – Financial Times
