Monthly Archives: October 2010

  • Syndicated

Man Group to shed 10% of workforce

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FTSE-listed hedge fund manager is to cut 10 per cent of its workforce shortly after it bought up rival London hedge fund GLG Partners Continue reading

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BlueCrest to liquidate Ucits fund

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The BlueTrend fund was the single largest in more than $100bn worth of Ucits hedge funds that have been launched in the past 18 months Continue reading

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JPMorgan inks $6bn Brazil hedge fund deal

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JPMorgan Chase has sealed a deal to acquire a $6bn hedge fund run by Brazil’s former central bank chief in a move that will deepen the US financial group’s exposure to fast-growing developing markets Continue reading

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Brussels agrees hedge fund rules

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Regime will impose capital and disclosure requirements on fund managers on a pan-EU basis, but they will be allowed to market across the bloc rather than having to seek approval from individual countries Continue reading

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Star analyst’s new fund raises $700m

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The amount raised by Patrick Degorce makes Thélème Partners the biggest equity hedge fund launch since the financial crisis began, already returning over 10% since its launch in February Continue reading

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Global macro funds jump back after slow summer

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Hedge funds are clawing their way back from a difficult summer, with many reporting significant returns in recent weeks Continue reading

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Hedge funds enjoy biggest asset boost in 3 years

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Surge in money run by the industry comes in spite of a rocky year for most managers, during which only a handful have been able to post consistent returns Continue reading

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EU agrees tougher rules for hedge funds

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Europe is set for a tough new regulatory regime for hedge funds and private equity companies after European Union ministers reached a long-awaited agreement on rules to cover the sector Continue reading

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JC Penney adopts ‘poison pill’ shareholder plan

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The US department store chain, adopted a “poison pill” shareholders rights plan, following the acquisition of more than 25 per cent of its shares by Pershing Square, the activist hedge fund, and Vornado, the real estate investment company Continue reading

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Hedge funds await EU talks on new regulations

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Anxiety is mounting among hedge funds as European Union finance ministers prepare to debate new rules for the sector in Luxembourg Continue reading

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