Thu, Jun 27 2013
LONDON - One of London's largest hedge fund firms, Lansdowne Partners, has named Alex Snow, the former head of UK Investment Banking at Investec, as its new chief executive officer.
Tue, Jun 25 2013
LONDON - Veteran credit trader Iftikhar Ali is launching his own hedge fund firm, a source close to the new company told Reuters, as traders look to cash in on turbulent bond markets.
Thu, Jun 20 2013
MONTE CARLO, Monaco - Former chess grandmaster-turned hedge fund manager Patrick Wolff is betting on a stock market crash in China, where he says corruption and bad debts have spiralled to dangerous levels.
Wed, Jun 5 2013
LONDON - Hedge fund firm CQS is planning to launch its first so-called long-short equities fund, a source familiar with the plans said, as it looks to seize on a recovery in investor demand for managers who bet on shares both rising and falling.
LONDON - Man Group's shares fell more than 11 percent on Wednesday after it said its flagship hedge fund AHL had suffered one of its biggest weekly losses, wiping out its profits so far this year.
Wed, May 8 2013
LONDON - Britain's top fraud prosecutor is likely to face serious criticism over its handling of an investigation into the $600 million collapse of one of London's oldest hedge funds, a judge said on Tuesday.
Tue, May 7 2013
LONDON - Cantab Capital Partners is to close a retail investor-friendly version of its flagship hedge fund because of new European guidelines regulating investment in commodities, underlining the growing difficulty firms face in trading metals, grains and oil.
Wed, Mar 20 2013
LONDON - The flagship hedge fund of Fortress Investment Group is betting on a further slide in the Japanese yen, predicting the new central bank governor in Tokyo will step-up the pace of monetary policy easing.
Tue, Mar 19 2013
LONDON - Sterling is set to resume its fall against the dollar, options market prices indicate, with a possible change in the Bank of England's policy remit in this week's budget likely to hasten a drop to four-year lows.
Fri, Feb 8 2013
LONDON - Hedge funds are actively trading in Argentina's choppy markets ahead of its legal showdown with rebel sovereign bondholders later this month.
These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.