13 May 2008
Blackstone Altius Advisors to offer Asia-focused event-driven strategy
The Blackstone Group has announced that Aaron Nieman will head Blackstone Altius Advisors, a new event-driven strategy focusing on…
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Hedgeweek Comment: Alternative investment firms are new M&A targets
It isn't every day that a Japanese manufacturing conglomerate, even one with a history in banking, takes a stake in the international asset…
Hedge funds recoup losses with 2 per cent gain, says Hennessee
Hedge funds recovered much of the ground from their losses the previous month with a 2 per cent average gain in April, according to…
Alternative managers account for increasing share of asset management M&A
Sales of alternative investment firms account for a record 40 per cent of deals in the global investment management business so far in…
12 May 2008
Mitsubishi takes minority stake in Aladdin Capital and injects seed capital
Mitsubishi Corporation has invested USD39m to acquire a 19.5 per cent stake in Aladdin Capital Holdings, an alternative investment manager…
Emergent and Tim Yetman partner for global macro fund launch
London-based Emergent Asset Management, an alternative investment firm specialising in macro and emerging markets, is launching a…
Prime brokers' revenue to exceed USD11bn this year, predicts Tabb study
Prime brokers will generate more than USD11bn in revenues from hedge funds this year, a 15 per cent increase over 2006, according to the…
BNY Mellon acquires fund of hedge funds administrator Lamp Technologies
Bank of New York Mellon has acquired the fund of hedge funds administrative services business of Lamp Technologies, a Dallas-based…
Hedgeweek Comment: Hedge fund takes on UK government
It was anticipated, if not necessarily expected.It was anticipated, if not necessarily expected. Hedge funds have been known to come down…
11 May 2008
Magnum Global Investments sponsors Crestridge Capital long/short offshore fund
Magnum Global Investments is sponsoring a new offshore hedge fund whose strategy in its US limited partnership yielded net returns of 37.4…
Factor-based models can help investors distinguish lucky and talented managers, says study
A non-linear, factor-based model could have reduced the proportion of hedge fund 'time bombs' - managers who have simply been lucky rather…
09 May 2008
Barclay Hedge Fund Index gains 2.28 per cent in April to claw back first-quarter losses
Hedge funds gained on average 2.28 per cent in April, according to the Barclay Hedge Fund Index compiled by Fairfield, Iowa-based…
Emerging market hedge funds see assets decline in first quarter
Hedge funds offering exposure to emerging markets saw their assets under management fall by nearly 5 per cent in the volatile first quarter…
Uncertainty for GLG Partners as emerging markets strategy plunges
GLG Partners, the London-based hedge fund manager that obtained a New York Stock Exchange listing last year through a reverse takeover, has…
Hedgeweek Commentary: Behind the hedge fund news
The tricky conditions in major equity and fixed-income markets are giving a helping hand to a trend already underway, toward investment in…
