Assets - L/S Japan equity fund Sparx on the rebound with asset raising campaign... [more]From AsianInvestor.net: Sparx Asset Management's Japan long/short equity fund may be on the rebound after having lost money in 2006 and 2007. Three-year performance figures have improved and the firm is back on the road seeking to raise new assets. The long/short strategy and related separate accou
Ucits hedge funds attract hedge funds keen to tap institutional investors... [more]From Hedgefundsreview.com: Launches of absolute return funds managed by traditional asset-management houses or by hedge funds have surged over the last 18 months although the industry remains at the early stages of development.
The growth is attributed in part to hedge funds entering the Ucits I
3G Capital in advanced talks to buy Burger King... [more]From CNBC.com: Burger King is in advanced talks to sell itself to a little known private investment firm called 3G Capital, people involved in the negotiations told DealBook. A deal could be reached as soon the coming days, these people said, though they cautioned it was possible that the talks cou
Outlook - Barton Biggs recommends stocks, says economy will avoid recession... [more]From Bloomberg.com: Barton Biggs said investors should avoid the mistake he made in July, when the hedge-fund manager slashed his equity holdings in half before redoubling them.
"This is not a time where you want to be underinvested," Biggs said on Bloomberg Television yesterday. "The odds of a
Comment - Managed accounts: an efficient way to build hedge fund portfolios?... [more]From IPE.com: There has been a buzz around managed accounts for some time - but the problems with liquidity mismatches and outright fraud that bubbled up in 2008, and investors like CalPERS setting out plans to use them wherever they can, seem to have made the case even more airtight.
"The f
Other Voices - Should indemnity provisions extend to auditors?... [more]This article was authored by Alric Lindsay, a Cayman-based independent director, who prior to his experience working as an investment funds attorney for two global law firms, was a senior compliance analyst with the Cayman Islands Monetary Author
EU seeks new rules on abusive short-selling... [more]Opalesque Industry Update - European Union lawmakers are drafting new rules to empower regulators to stop abusive short-selling. At the same time, the draft legislation also aims to ban naked selling of credit default swaps and sovereign debt for three months or more.
EU's financial chief Mich
Australia's political uncertainty is not deterring hedge funds... [more]From AsianIvnestor.net: The political deadlock in Australia appears to be doing little to deter international investors who are more focused on the country's continued economic outperformance and solid property market. Australia yesterday reported economic growth of 1.2% in the second quarter, the
Emerging Markets - Smaller emerging markets are rising trading powers... [more]Recent research by UBS economist Jon Anderson illustrates how trade is being reshaped in the developing world. It will probably not surprise you to learn that between 1998 and 2008 six developing nations recorded an increase in exports (as measured by manufacturing & GDP) of more than 25 percent.
... And Finally - A man and a million dollar painting walk into a bar...... [more]From Bloomberg.com: A guy walks into a bar with a $1.4 million Corot. Stop us if you've heard this one. Jean-Baptiste-Camille Corot's 1857-58 "Portrait of a Girl" is missing, according to a lawsuit filed in New York State Supreme Court. And the last man with possession can't recall where it is afte