Funds Hub
Money managers under the microscope
Morning Line-Up: FrontPoint, Kotak, Paulson
News and views on the asset management industry from Reuters and elsewhere:
FrontPoint raises $1 bln for new fund – FT
Kotak launches India long/short hedge fund – Reuters
Prime Cap doubles China fund, closes to new investors – Reuters
Morning line-up: Paulson, KKR and Horlick
News and views on the fund industry from Reuters and elsewhere:
KKR buys Avantha stake ahead of IPO – Economic Times
Paulson’s flagship fund wipes off year’s losses in September – Reuters
Nicola Horlick launches film script company – Independent
NAPF urges UK companies to ‘mention the pension’ – Reuters
Paulson’s Goldman defense
As stock bets go it is no way the biggest and not particularly dramatic.
But the decision by Paulson & Co. to pick-up some 1 million shares of Goldman Sachs Group in the second-quarter may be some of the most fitting piece of Wall Street poetry to come out of this latest round of 13-F filings.
Of course Paulson’s fund will forever be linked with Goldman because it was the hedge fund at the heart of the Securities and Exchange Commission’s civil fraud case against the Wall Street bank. The SEC, in April, charged Goldman with failing to disclose that Paulson’s hedge fund had a hand in picking securities for a complex mortgage-related deal that the hedge fund was betting against.
Morning line-up: Paulson, Dow plunge, AIFM
News and views on the fund industry from Reuters and elsewhere:
EU crackdown on hedge funds hits third delay - Independent
Paulson eyes housing rebound, limits access to funds - Reuters
Stunned funds get scraps from Dow’s plunge – Reuters
QCM launches Ucits-compliant managed futures fund – HedgeWeek
Salus Alpha funds outperform other financial markets in April – HedgeWeek
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
Morning Line-Up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Former BOE Deputy Governor John Grieve joins GLG - Times
Marshall Wace returns 26 pct with Japan fund- Bloomberg
Rajaratnam investigated a decade ago – WSJ
Co-founder Blochet exits Brevan Howard – Reuters
Morning Line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Citadel’s Griffin rebounds from $8 bln losses - Reuters
Convertible arbitrage rode out poor stock market – Hedge Funds Review
Competition for hedge fund support shakes prime broker ranks - Reuters
Morning line up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Ex-Bear Stearns hedge fund managers acquitted – Reuters
Paulson & Co raises bet on Cadbury – Reuters
Hedge funds set for partial EU victory - The Guardian
Hedge fund directive will cost 1.4 billion euros a year – The Times
Working group calls for onshore hedge funds in UK – Hedge Funds Review
Feds charge hedge fund exec with fraud – New York Post




