Monthly Archives: September 2010
Germany has joined forces with France in an effort to block new European Union hedge fund regulations, which could allow funds and managers outside the 27-bloc to obtain pan-EU marketing rights or a ‘passport’ Continue reading
The hedge fund manager expects half-yearly pre-tax profits to fall more than 55 per cent as net client outflows persist for the eighth successive quarter Continue reading
One of the world’s biggest and most successful hedge fund managers is to cut up to 10 per cent of its workforce Continue reading
A ‘large majority’ of European Union countries are in favour of creating pan-EU marketing rights or ‘passports’ for hedge funds and managers based outside the 27-country bloc, Belgian’s finance minister said Continue reading
The loss of the £51m Gartmore Growth Opportunities trust deals a further blow to the group as the fallout from the departure of leading fund manager Gervais Williams continues Continue reading
Hopes that negotiations would finally resolve the stand-off over proposals for regulating funds in the EU have faded, with France showing little sign of making concessions Continue reading
Hedge fund manager is to open a new office in Brazil that will be run by Mario Mesquita, the former deputy governor of the Brazilian central bank Continue reading
Proposals to regulate hedge funds and private equity funds in Europe could be a “catastrophe” for the venture capital sector, industry figures warn Continue reading
The hedge fund warns that it will miss profit expectations this year and announces that a one-off charge of £5.5m will be taken as a result of a restructuring initiated this week Continue reading
Japan’s surprise intervention in currency markets has caught some of the world’s largest hedge funds by surprise as computer models proved vulnerable to unexpected events Continue reading