Renewed fears as Lloyds shares crash
nebusiness.co.uk – LLOYDS Banking Group became the latest casualty of the bank sector sell-off yesterday as its shares plunged as much as 47%. Royal Bank of Scotland steadied a little after Monday’s...
View ArticleEx-Citadel Manager Returns 18% With Atom Japan Fund
Bloomberg – Atsuko Tsuchiya, the Japanese hedge- fund adviser who left Merrill Lynch & Co. to found her own firm, led Atom Japan Equity Fund to an 18 percent return in 2008, beating rivals who...
View ArticleDEALTALK-Not all bad news in hedge funds
Reuters – A handful of hedge funds has resisted the global crisis ravaging their rivals, reaping bumper returns in 2008 in a sign some niche players will always beat the market no matter how dire the...
View ArticleSSgA Launches Intermediate-Term Bond ETF
Seekingalpha.com – As more investment pros warn of a bubble in Treasuries, State Street Global Advisors is launching an intermediate-term bond exchange-traded fund focused on investment-grade...
View ArticlePenjing Asset Says It May Not Get Performance Fees Until 2010
Bloomberg – Penjing Asset Management, a Hong Kong-based hedge fund of funds manager overseeing about $520 million, said it may not get any performance fees until next year, and declining income will...
View ArticleHedge-Fund Firms Pressed to Consolidate After Losses Erode Fees
Bloomberg – Mohammed Syed has spent the past seven years scouting out the best hedge-fund investments for clients of his Axiom Fund Manager Ltd. Now, he’s seeking to expand the $100 million he oversees...
View ArticleHedge fund makes £13m short-selling Aviva
Independent – Lansdowne Partners, the hedge fund, has made almost £13m from a short position in Aviva – and stands to make more if the beleaguered insurer announces a rights issue. The London-based...
View ArticleHedge funds eye shift of EU power
Hedge funds and private equity firms are hoping a resurgent right wing in European politics will give them stronger support when they call for changes to proposed legislation they see threatening their...
View ArticleHedge-Fund Startups Sprout as Roc Gathers $1 Billion
June 16 (Bloomberg) — Arvind Raghunathan , former head of Deutsche Bank AG’s global arbitrage business, will open his new hedge-fund firm next month with more than $1 billion, a sign that investors are...
View ArticleWinton to Start Japan Fund, Hire H.K. Staff in Asian Expansion
Winton Capital Management Ltd., the U.K. hedge fund with $12 billion in assets, will start a new fund in Japan and hire staff in Hong Kong as it expands when rivals such as Citadel Investment Group LLC...
View ArticleThames River plans two credit funds, US foray
Reuters UK – Thames River Capital is hoping to launch two investment grade credit strategies later this year and is looking at how best to target the U.S. institutional market, chief executive Charlie...
View Article
