20 Jan 2009
GLG Partners absorbs Pendragon Capital event-driven team
Alternative asset manager GLG Partners has announced that Kaveh Sheibani and Julian Harvey Wood, two of the founding partners of…
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Northern Lights takes minority stake in equity asset manager Seizert Capital
Northern Lights Ventures has acquired an equity stake in Michigan-based investment management firm Seizert Capital Partners. While the…
Comment: Paulson sounds the charge for distressed investment
The astute observer might have noticed a clue last week about the direction of hedge funds in the coming months, with the announcement that…
Toronto's Diversified Global Asset Management hires Todd Groome
Todd Groome, the former IMF official who became the non-executive chairman of the Alternative Investment Management Association at the…
SVM plans absolute return fund to address market and economic uncertainty
SVM Asset Management, the Edinburgh based independent fund management group, believes that the 2009 stock market environment could continue…
19 Jan 2009
Standard & Poor's launches valuation scenario services
Financial market information provider Standard & Poor's has announced the launch of valuation scenario services for structured asset…
UBS Investment Bank to acquire commodity index business of AIG Financial Products
The equities business of UBS Investment Bank has announced a binding agreement to purchase the commodity index business of AIG Financial…
CIBC World Markets appoints Darcy Browne to financial solutions group
Darcy Browne has joined the fixed income, currencies and distribution team at CIBC World Markets as managing director for foreign exchange…
Scotia Capital Canadian hedge fund index outperforms Toronto market
The Scotia Capital Canadian Hedge Fund Performance Index finished December up 1.81 per cent on an asset-weighted basis but down 0.25 per…
Aima appoints director of communications
Hedge fund industry body the Alternative Investment Management Association has appointed Christen Thomson as director of…
Punter Southall and Fortune Asset Management create hedge fund services partnership
Punter Southall Group and Fortune Asset Management have established a partnership in the provision of hedge fund advisory services.Punter…
President's Working Group committees finalise best practices for hedge funds
The two private-sector committees established by the President's Working Group on Financial Markets in the US have released their final…
Partners Group reports assets under management stable at CHF24.4bn at year-end
Swiss-based alternative asset manager Partners Group has announced that the funds raised for 2008 amount to CHF6.2bn, thereby exceeding the…
Sun Hung Kai targets financial sector with Paulson-managed recovery fund
Hong Kong-based Sun Hung Kai Financial is seeking to identify investment opportunities within distressed global financial companies with…
Comment: Indian hedge funds take on Bollywood moguls
Two activist hedge funds have locked horns with the top management at Bollywood group The Indian Film Company over alleged low returns.Two…
