Hedge Funds - Americas Headlines

Thu, Aug 28 2014

Major banks' first-half commodity revenue climbs 21 pct


LONDON - Commodities revenue at the top 10 investment banks climbed by about a fifth in the first half of the year as a cold winter boosted business in U.S. power and gas and some investors returned to the sector, a consultancy said.

28 Aug 2014

Thu, Aug 21 2014

Funds could face market curbs after lobbying backfires


LONDON - Fund managers may face tougher scrutiny by global regulators than planned after their intense lobbying against a first proposal backfired, industry sources and G20 officials said.

21 Aug 2014

Fri, Aug 15 2014

Paulson holds onto gold ETF, Soros adds gold miners in quarter


NEW YORK - Hedge fund Paulson & Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, in the second quarter, while Soros Fund Management LLC sharply boosted his investment in gold mining stocks.

15 Aug 2014

Wed, Aug 13 2014

Investors raise hedge fund bets in August

LONDON - Investor interest in hedge funds rose in August as they added more cash than they redeemed, even as performance dipped during July, data showed on Tuesday.

13 Aug 2014

Tue, Jul 29 2014

Investors dump higher oil bets as prices fall

LONDON - Hedge funds and other large speculators cut their bets on higher Brent crude oil and gasoil sharply in the week to July 22, IntercontinentalExchange Inc. said on Monday, following a big fall in prices.

29 Jul 2014

Ex-Citi FX trading head Prasad readies macro hedge fund - sources

LONDON - Former global head of foreign exchange at Citigroup, Anil Prasad, is preparing to launch his own hedge fund in the first quarter of 2015, three sources familiar with the matter said.

29 Jul 2014

Mon, Jul 28 2014

Ireland to give green light for hedge funds to lend

DUBLIN - Ireland, one of the biggest hubs for funds in Europe, will allow hedge funds based in the country to lend to companies under new rules drawn up by the central bank, the bank said.

28 Jul 2014

Wed, Jul 23 2014

Argentine default in balance as government refuses to capitulate

BUENOS AIRES - Argentine President Cristina Fernandez's unflinching poker face in the battle against "holdout" investors suing the country is increasing the odds that her government will default for a second time in 12 years at the end of this month.

23 Jul 2014

Tue, Jul 22 2014

U.S. panel says Barclays, Deutsche Bank helped funds avoid taxes

WASHINGTON - The head of a powerful U.S. Senate panel has accused Deutsche Bank and Barclays of helping hedge funds avoid taxes, calling for tougher action from the authorities.

22 Jul 2014

Mon, Jul 21 2014

Investors swap grains for metals as flows trickle to commodities


LONDON - Investors are slowly being drawn back into commodities, attracted by stronger global economic growth and more volatility within sub-sectors, typified by current investment flows out of grains into industrial metals.

21 Jul 2014

Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.