John Redwood (pictured), Chairman of Evercore Pan Asset’s Investment Committee, on the effect of the Euro crisis on world markets… These are savage markets. As we feared, the markets continue to worry about the Euro crisis. More are concluding that
London-based credit specialist Cairn Capital Limited is launching a Subordinated Financials Fund. The Fund is expected to launch on 3 October and has around EUR45 million (GBP39 million) of committed seed capital. Seed capital is coming from two of
Morten Spenner (pictured), CEO of International Asset Management (IAM) the GBP2.8bn Fund of Hedge Funds, challenges the recent loss of faith in hedge funds and argues that they are now back doing exactly what investors expect of them… Recently, hedge
The Dow Jones Credit Suisse Hedge Fund Index posted negative performance in August, finishing down 2.30%, with three out of ten strategies posting positive performance for the month. Conversely, the Dow Jones Industrial Average Total Return and Dow Jones
The Alternative Investment Management Association (AIMA), the global hedge fund association, has responded to a consultation by the European Securities and Markets Authority (ESMA) on how the Alternative Investment Fund Managers Directive (AIFMD) should be implemented. ESMA, which is responsible
Certain funds and accounts managed by Oaktree Capital Management have made a proposal to acquire all outstanding shares of JAKKS Pacific, Inc’s common stock for USD20.00 per share in cash, representing a total equity value of approximately USD670 million on
Gottex Fund Management’s flagship market neutral strategies posted positive performance year to date, outperforming all major fund of hedge funds indices and helping to return the company to profit, according to the firm’s interim results. Total fee-earning assets increased to
Some 75% of investors are looking for greater liquidity in their hedge fund investments following the financial crisis, according to the latest Preqin study. Funds with lock-up periods are now considered less favourable amongst investors as they seek the flexibility
A federal court in Charlotte, NC, has entered an emergency order freezing assets held by defendants Toby D Hunter of Waxhaw, NC, and his companies, Prestige Capital Advisors, LLC (Prestige) and D2W Capital Management, LLC (D2W) of Charlotte, NC. The
PineBridge Investments, the global multi-asset class investment manager, has launched a Euro-hedged share class for its PineBridge Merger Arbitrage Fund. The fund, which is managed by PineBridge Managing Director, Lan Cai, offers transparent, absolute returns with simple, explainable alpha sources
