Hedge Funds - Asias Headlines

Tue, Mar 17 2015

Ex-Brevan Howard star Rokos hires top Goldman executive for hedge fund start-up

LONDON - Former Brevan Howard star trader Chris Rokos has hired former Goldman Sachs co-head of Asia Pacific macro trading, Stuart Riley, as he gears up for one of Europe's most high-profile 2015 hedge fund launches.

17 Mar 2015

Thu, Mar 12 2015

Exclusive: BlueCrest to open $1 billion equity hedge fund to investors in April

LONDON - BlueCrest, the $14 billion hedge fund firm led by billionaire Michael Platt, is to open its high-performing equity fund to outside investors, marking a new attempt by one of Europe's biggest hedge funds to expand into the asset class

12 Mar 2015

Tue, Feb 24 2015

Activist hedge funds' assets swell six-fold in ten years

LONDON - Assets managed by activist hedge funds have surged six-fold in the last 10 years to $120 billion, according to a study released on Tuesday, showing the rise in popularity of some of the most vocal investors.

24 Feb 2015

Fri, Feb 20 2015

Man Group to buy NewSmith's investment management business

LONDON - The world's biggest listed hedge fund company, Man Group, said on Friday it had agreed to buy the investment management business of NewSmith.

20 Feb 2015

Thu, Jan 29 2015

Hedge fund profits drop 30 percent in 2014, bonus pool shrinks

LONDON - The hedge fund industry's profits fell by 30 percent to $21.9 billion in 2014 from $31.2 billion a year ago as poor returns led to lower performance fees, Citigroup said in a report on Thursday.

29 Jan 2015

Wed, Jan 28 2015

Ex-Dalton fund manager readies March launch for Asia hedge fund

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.

28 Jan 2015

Hedge funds earned $1.5 trillion for investors in last 10 years

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.

28 Jan 2015

Fri, Jan 23 2015

Ex-Goldman, Noble traders' macro hedge fund avoids Swiss franc loss

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.

23 Jan 2015

Fri, Jan 9 2015

Hedge fund star Hohn's TCI up 8 percent in 2014 - source

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.

09 Jan 2015

Thu, Jan 8 2015

Hedge fund Brevan Howard's 11-year winning run ends in 2014

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.

08 Jan 2015

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.