Wed, Jan 28 2015
LONDON - Former Dalton Investments portfolio manager Tony Hsu is preparing to launch his own hedge fund in March to bet on shares of entrepreneur-led Asian firms and against state-run companies, according to a source and the fund's marketing material.
LONDON - Hedge funds earned $1.5 trillion for their investors over the last ten years and more pension funds are increasing the amount of money they allocate to them, trade body Alternative Investment Management Association (AIMA) said on Wednesday.
Fri, Jan 23 2015
LONDON - Guard Capital, a macro hedge fund firm launched by two former top traders at Goldman Sachs and Noble Group, has gained 2.5 percent so far in January, sources said, steering clear of the pain some of its peers suffered after the Swiss franc soared.
Fri, Jan 9 2015
LONDON - The Children's Investment Fund, run by star hedge fund manager Chris Hohn, gained about 8 percent last year, a source familiar with the performance said.
Thu, Jan 8 2015
LONDON - Brevan Howard recorded the first annual loss in its flagship $24 billion macro hedge fund last year, an investor letter showed, ending an 11-year winning run that made it one of the biggest players in the $3 trillion industry.
Wed, Jan 7 2015
LONDON - Brevan Howard, one of Europe's largest hedge fund firms, saw its main $24 billion macro fund lose 0.82 pct in 2014, an investor letter showed, its first ever annual loss since launch in 2003.
Mon, Dec 15 2014
LONDON - Investors are optimistic about private equity, but reconsidering their allocations to hedge funds, a survey showed on Monday.
Thu, Dec 11 2014
LONDON - The number of hedge fund launches fell to 240 in the three months to the end of September, the lowest level since the third quarter of last year, industry tracker HFR said on Thursday.
Wed, Nov 19 2014
LONDON - Computers stole a march on their human trading rivals this year and should continue to do so in 2015 as a much-heralded return to sustained volatility is unlikely to happen, an executive of Man Group, the world's biggest listed hedge fund, said.
Mon, Oct 13 2014
LONDON - One of the most high profile divorces in British legal history took a fresh twist on Friday after top hedge fund boss Chris Hohn accused his wife of unspecified criminal and fiduciary wrongdoing in the handling of a charity they founded.
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.