LONDON - London-based Mako Global Investors is backing former Marble Bar Asset Management portfolio manager Christian Thum to launch a European equities-focused hedge fund in the fourth quarter, sources familiar with the matter said.
MUNICH - Shares in sportswear maker Adidas jumped on Wednesday on a report that a group of hedge funds is seeking to buy a stake to pressure management to make sweeping changes, although one of the funds dismissed this.
LONDON - Hedge fund investors added more cash than they redeemed from the asset class in September, following performance gains during August, new data showed on Thursday.
LONDON - As Scottish opinion polls run neck and neck, investors are scrambling to hedge their trading bets on UK equities to protect against market mayhem if Scotland votes next week to break away from the United Kingdom.
LONDON - With returns on government bonds at rock-bottom prices, sovereign wealth funds are muscling into stock markets and other higher-yielding assets like real estate at a rate that private investors warn could destabilise the world economy.
LONDON - The cost of hedging against near-term currency swings from a possible "Yes" vote at Scotland's independence referendum jumped on Monday, with the options market showing its greatest bias for sterling weakness against the dollar in more than two years.
LONDON - Investors are expected to pump $49 billion into funds that mimic hedge fund strategies over the next year, to make so-called "liquid alternatives" the fastest growing part of the asset management industry, a survey said.
LONDON - British investment managers slashed their equity holdings in August and bumped up their bets on bonds as heightened global tensions prompted a move away from risky assets, a poll showed.
LONDON - Commodities revenue at the top 10 investment banks climbed by about a fifth in the first half of the year as a cold winter boosted business in U.S. power and gas and some investors returned to the sector, a consultancy said.
LONDON - Benchmark 10-year German government borrowing costs have never been lower, and while the prospect of them dwindling to zero and even below is highly unlikely, it is no longer inconceivable.
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