Funds Hub

Reuters Hedge Fund and Private Equity Summit 2010

Next Monday sees the start of our 3-day Reuters Hedge Fund & Private Equity Summit, in London, New York and Hong Kong.

We have a great range of high-profile speakers this year, who will address issues such as the industry’s recovery, the investment outlook in 2010 after a year of rising markets, and impending regulation.

Watch out on the Reuters wire, the website and of course Hedge Hub for all the latest news and opinions.

The morgue after Christmas

Around this Christmastide banks will begin to take a strict approach to companies running out of money, according to Simon Davies, managing director of The Blackstone Group.  

 

 

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.

Shadow of Madoff

It’s hard enough for fund firms to get investors to put money into markets when stocks are so volatile, but it seems they’re also still having to wrestle with the bad publicity from U.S. financier Bernard Madoff’s giant fraud.

Ashraf Mohamed, portfolio manager and head of Islamic funds at investment firm Stanlib in South Africa, told the London leg of the Reuters Islamic Banking and Finance Summit that investors are still nervous of another Madoff.

G-day for hedge funds

After months of rhetoric by political leaders and behind-the-scenes manoeuvring by trade bodies, the hedge fund industry is finally set to learn its regulatory fate today.

Rightly or wrongly, G20 leaders thrashing out a plan to revive the global economy and prevent the excesses of recent years have hedge funds at the centre of their thoughts.