Funds Hub
Money managers under the microscope
Morning Line-Up: Lehman rumours, CalPERS names naming, Scandinavia
News and views on the asset management industry from Reuters and elsewhere:
Hedge fund Och-Ziff accused of Lehman rumours in court papers – WSJ
CalPERS should name 100 largest Californian politicians’ pays – Reuters
Private equity investments in Scandinavia on track to pre-2007 levels- Bloomberg
Morning Line-Up: HarbourVest, macro funds and Californ-i-a
News and views on the fund industry from Reuters and elsewhere:
HarbourVest to list European loans fund – FT
California pension funds face huge shortfall - Reuters
Macro funds miss out on crisis – FT
Och-Ziff funds gained in March – WSJ
The ISA season starts now – Telegraph
Morning line-up: Galleon, Och-Ziff, prop trading
News and views on the hedge fund sector from Reuters and elsewhere:
Rajaratnam wins ruling, wiretap turnover on hold – Reuters
Och-Ziff pulls in $650 mln in six weeks - FT
U.S. Sen Warner uneasy on proprietary trading ban – Reuters
China hedge fund launched – Hedge Funds Review
‘Black box’ groups join hedge fund standards scheme – Reuters
U.S. hedge funds move towards united front – Hedge Week
Morning Line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Hedge funds face investor war on fees – Reuters
Och-Ziff third quarter income falls – Reuters
Mark Kary to resign from Polar Capital - FT Adviser
Hedge fund adviser to lead SEC policing body – WSJ
Asian hedge fund asset on the rise – Bloomberg
Morning Line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Barclays faces 130 mln stg loss from K1 ‘fraud’ - Times
Galleon fears raised in 2001 – FT
Citadel opens its ‘gates’ - WSJ
Och-Ziff buyer of TPG’s Debenham stake - Reuters
Morning line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Paulson’s AngloGold stake looks like inflation hedge – Reuters
Betting on a CF takeover – Reuters
London Mayor codemns EU hedge fund plans – BBC
Och-Ziff, Bain Capital to resume perf fees in 2010 – Bloomberg
Soros hedge fund buys into Marengo – The Age
Madoff shadow looms over UBP
While much of the hedge fund industry starts to draw breath and consider better times ahead, those firms tainted by the Bernard Madoff ponzi scheme continue to suffer.
UBP — which had exposure of about 1 billion Swiss francs to Madoff’s firm — on Wednesday said hedge fund assets had slumped by 20 billion Swiss francs in the first half and are now more than half the level achieved at the peak in June 2008. To be fair, the private bank isn’t giving up easily and has hired in new managers to liven up its offering.
