Funds Hub
Money managers under the microscope
Morning Line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Fate of Galleon’s founder could put fund out of business- Reuters
China deal close for Avenue Capital - Reuters
Hedge fund lawsuit against Biden’s son thrown out - AP
Former Bear Stearns Hedge fund managers accused of insider trading involvement – CNN Money
Morning Line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
High frequency traders harm conventional players- Reuters
Asian hedge funds recovering from record losses- Reuters
Brazilian hedge funds attract more money than any other investments- Bloomberg
US authorities to bring high profile hedge funds to book - FT
Morning line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Ex Goldman’s Carhart to launch his own firm – Reuters
EU rules may cost hedge funds, private equity over 3 bln euros – Reuters
Hedge fund start-ups approach UBS – Bloomberg
More hedge fund managers strike out on their own- Investment Week
The morgue after Christmas
He said at the Reuters Restructuring Summit in London that by the end of the year banks will issue “in patient”, “out patient” or “morgue” judgements as they go about the business to decide who gets much needed loans and who does not.
Morning line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Porsche ex-CEO in VW share probe, offices raided – Reuters
Case will throw light on funds before Bear Stearns collapsed – Telegraph
Hedge funds face long EU regulation battle – Guardian
Morning line-up
Hedge fund stories from the past 24 hours from Reuters and elsewhere:
Hedge funds soar in ’09, most still in the red – Reuters
Madoff brought to book – Daily Telegraph
Hedge funds enjoy third straight month of inflows – Finalternatives
Greed can backfire on hedge fund seeders: Man – Reuters
Terminator producers sue hedge fund backer - NY Times
Watch hedge fund manager Colin McLean give his market outlook
McLean was speaking today at London leg of the Reuters Hedge Fund and Private Equity Summit.
An unpleasant prospect
There’s no shortage of ill will towards bankers at the moment.
But some executives in the private equity and hedge funds industries feel they are getting beaten with the same stick by politicians and the public, despite feeling relatively blameless in this crisis.
BC Partners managing partner Andrew Newington, speaking at the Reuters Hedge Fund & Private Equity Summit in London today, explained.
$3 trillion of hedge fund talent? “Absolute nonsense!”
The once-booming hedge fund industry has shrunk rapidly over the past 9 months to roughly $1-$1.4 trillion, as investors have pulled out their cash following some pretty lacklustre returns.
However, according to Mark Kary, chief executive of Polar Capital, the industry never really deserved to have grown to the best part of $3 trillion in the first place.
Hope springs eternal – time to plant a hedge?
By Alexander Smith
If redemptions are getting the better of you and you thought your industry was about to disappear, you may be amazed to hear there are still those wanting to start their own hedge funds.
An email from Financial Technologies Forum LLC brings news of a new course in New York next month giving you everything you need to get going.
