Monthly Archives: September 2010

  • Syndicated

Germany and France join to block hedge fund rules

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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

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Flagship fund’s rally fails to end Man outflows

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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

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DE Shaw cuts 10% of workforce

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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

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EU moves towards adopting ‘passports’ for hedge funds

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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

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Gartmore braced to lose investment trust

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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

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Hedge fund rule talks to go a further round

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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

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Brevan Howard to open in Brazil

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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

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EU hedge fund plans under fire

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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

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RAB Capital warns on profits after review

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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

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Hedge funds hit by yen intervention

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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

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