LONDON, April 17 (Reuters) – The old picture of the hedge
fund start-up as two traders and a terminal at a posh London
address looks ever more dated as the risky financial environment
makes jobs at bigger firms a safer bet.

A tough year for hedge funds and new bank regulations mean
there is no shortage of traders looking to move on – just the
sort who might once have started small funds.

LONDON (Reuters) – Fund firm Polar Capital saw its total assets rise above $5 billion (3 billion pounds) after another quarter of client inflows, as a number of investment managers benefit from a rebound in financial markets and investor sentiment this year.

The London-based firm, which has been winning clients to its mutual funds while seeing outflows from its hedge funds, posted net client inflows of more than $200 million over the three months to end-March.

LONDON (Reuters) – Well-known London M&A hedge fund firm Tyrus Capital has moved the bulk of its operations to Monaco, one of the first managers to relocate to the principality in response to looming European Union regulation and UK tax rates.

The firm, which runs approximately $2.7 billion (1.7 billion pounds) and which was founded by Tony Chedraoui in 2009, shifted most of its staff around the start of April, a source familiar with the matter told Reuters.

LONDON, April 12 (Reuters) – Man Group has hired a
co-head of foreign exchange for its $21 billion flagship fund
AHL, as the London-based hedge fund manager tries to revive
performance at its key computer-driven unit.

Ravi Chari, who has worked for 12 years in systematic
trading at hedge funds, joins Man from computer trading firm
IKOS, where he headed its futures and foreign exchange funds,
Man said in a statement on Thursday.

LONDON (Reuters) – Well-known London M&A hedge fund firm Tyrus Capital has moved the bulk of its operations to Monaco, one of the first managers to relocate to the principality in response to looming European Union regulation and UK tax rates.

The firm, which runs approximately $2.7 billion and which was founded by Tony Chedraoui in 2009, shifted most of its staff around the start of April, a source familiar with the matter told Reuters.

LONDON, April 11 (Reuters) – Well-known London M&A hedge
fund firm Tyrus Capital has moved the bulk of its operations to
Monaco, one of the first managers to relocate to the
principality in response to looming European Union regulation
and UK tax rates.

The firm, which runs approximately $2.7 billion and which
was founded by Tony Chedraoui in 2009, shifted most of its staff
around the start of April, a source familiar with the matter
told Reuters.

LONDON, April 10 (Reuters) – Pay TV group BSkyB has
received the backing of Crispin Odey, one of its top
shareholders and one of Europe’s most influential hedge fund
managers, in the wake of last week’s high-profile resignation of
James Murdoch as chairman.

Odey, whose London-based firm manages $6 billion in assets
and who has been a long-term holder of BSkyB shares, said he is
still positive on BSkyB, despite the loss of the “massively
important” Murdoch.

LONDON, April 5 (Reuters) – Odey Asset Management, the
London-based hedge fund firm famous for its bets on the banking
sector during the financial crisis, has parted company with its
senior banks analyst, Ben Lambert.

Lambert, who joined the $6 billion asset manager headed by
Crispin Odey in 2007, resigned as a director this week,
according to a regulatory filing.

LONDON (Reuters) – Some of Europe’s biggest computer-driven hedge funds have failed to profit from the stock market’s rebound in 2012, once again frustrating investors in a sector that has sucked in tens of billions of dollars in assets in the wake of the credit crisis.

The so-called managed futures or CTA (commodity trading advisors) sector – dominated by names such as $29 billion Winton Capital, $21 billion AHL and $13.6 billion BlueTrend – uses highly complex algorithms to try and latch onto and profit from market trends, either up or down.

LONDON, April 4 (Reuters) – Some of Europe’s biggest
computer-driven hedge funds have failed to profit from the stock
market’s rebound in 2012, once again frustrating investors in a
sector that has sucked in tens of billions of dollars in assets
in the wake of the credit crisis.

The so-called managed futures or CTA (commodity trading
advisors) sector – dominated by names such as $29 billion Winton
Capital, $21 billion AHL and $13.6 billion BlueTrend – uses
highly complex algorithms to try and latch onto and profit from
market trends, either up or down.