Banks' HF Revenue Rising but Competition Fierce Chidem Kurdas, New York Bureau Chief 05/09/2008 12:05:30 PM ET NEW YORK (HedgeWorld.com)—Providing services to hedge funds remains lucrative for banks amid declining revenue in other financial businesses, but the hedge ... Dancing on Overturned Garbage Trucks Kristin M. Fox, Director, News & Research 05/07/2008 6:17:44 PM ET Unless you were living in a parallel universe, it was impossible to miss the market melt-down last August. August has always been a sacred and quiet ... Proxy Briefs HedgeWorld Staff 05/07/2008 1:14:03 PM ET Micrel on Its ‘Carefully Crafted Plan' SAN JOSE, Calif. (HedgeWorld.com)—Micrel Inc., a manufacturer of semiconductors, sent a letter to its shareholders ... Standard Pacific Readies Africa Debt Fund Emma Trincal, Senior Financial Correspondent 05/07/2008 11:53:05 AM ET LONDON (HedgeWorld.com)— Standard Asset Management, the alternative investment management division of the Standard Bank Group, South Africa's largest bank, ... Africa, Mid-East Hedge Fund Raises $125 Mln Bill McIntosh, Senior Financial Correspondent 05/07/2008 8:54:32 AM ET LONDON (HedgeWorld.com)—The prospects of Africa, the world’s least developed continent, and its oil-rich neighbor, the Middle East, are the target of a ... Energy Powers S&P GSCI Surge in April Jacob Bunge, Financial Correspondent 05/06/2008 3:55:43 PM ET NEW YORK (HedgeWorld.com)—April brought robust gains in prices across energy commodities, while slides in agriculture and metals prices continued and livestock ... Demand/Supply Fundamentals Support Oil Prices Michael S. Fischer, Senior Financial Correspondent 05/06/2008 3:54:27 PM ET LONDON (HedgeWorld.com)—Continued strong demand growth in emerging market economies, coupled with serious supply constraints within and outside the Organization ... Investors Sitting on $75 Billion Bill McIntosh, Senior Financial Correspondent 05/06/2008 3:23:36 PM ET LONDON (HedgeWorld.com)—An annual survey of the alternative investment sector by Deutsche Bank estimates that the cash reserves of hedge fund investors ... March Mixed for CTAs Jacob Bunge, Financial Correspondent 05/05/2008 3:48:25 PM ET NEW YORK (HedgeWorld.com)—A month of sizable swings in futures markets left commodity trading advisers tracked by the CASAM CISDM indexes down slightly ... Emergent Launches Africa Land Fund Bill McIntosh, Senior Financial Correspondent 05/01/2008 3:13:46 PM ET LONDON (HedgeWorld.com)—Emergent Asset Management Ltd. expects to raise more than 1 billion euro for its newly launched African Land Fund, which will invest ... Technology Briefs HedgeWorld Staff 04/30/2008 3:08:56 PM ET GL Trade Launches Trading Solution PARIS (HedgeWorld.com)—GL Trade will launch MarketMap Plus, the newest solution in its market data product suite, ... LIBOR Volatility May Signal Reign End Emma Trincal, Senior Financial Correspondent 04/29/2008 6:47:34 PM ET NEW YORK (HedgeWorld.com)—The Federal Reserve Board will decide on Wednesday [April 30] whether to pursue its policy of monetary easing or pause, causing ... CDS Dealers Push for Central Clearinghouse Emma Trincal, Senior Financial Correspondent 04/25/2008 3:27:14 PM ET NEW YORK (HedgeWorld.com)—In the credit derivatives sector, the lines are rapidly blurring between the exchanges and over-the-counter trading. The industry ... Man Simplifies Structure As Morrison Retires Bill McIntosh, Senior Financial Correspondent 04/25/2008 2:39:06 PM ET LONDON (HedgeWorld.com)—The retirement this coming summer of John Morrison, the Australian chief executive of Man Investments, signals a simplifying of ... Allocations a Valuable Commodity for CTAs Jacob Bunge, Financial Correspondent 04/25/2008 1:03:14 PM ET CHICAGO (HedgeWorld.com)—Assets, assets everywhere, but not a dollar for startup CTAs. This could be the mantra for upstart commodity trading advisers ... People Briefs HedgeWorld Staff 04/24/2008 5:05:39 PM ET Citadel Adds Industry Vets CHICAGO (HedgeWorld.com)—Citadel Investment Group LLC hired Nick Taylor as senior managing director and head of principal ... India's Proposed Commodity Transaction Tax Draws Critics Michael S. Fischer, Senior Financial Correspondent 04/24/2008 3:25:59 PM ET WASHINGTON (HedgeWorld.com)—The Futures Industry Association this week joined local critics of a contentious proposal by India's finance ministry to implement ... Managed Futures Investing Moves from Sidelines to Spotlight Jacob Bunge, Financial Correspondent 04/23/2008 3:54:15 PM ET CHICAGO (HedgeWorld.com)—Managed futures investing has come a long way in the past couple of decades. R.J. O’Brien Fund Management’s Annette Cazenave ... AIG's Raab Examines Price Rise in Agricultural Commodities Michael S. Fischer, Senior Financial Correspondent 04/22/2008 3:53:30 PM ET LONDON (HedgeWorld.com)—Tight inventories, rather than index investors or speculators, are primarily responsible for the run-up in agricultural commodities ... Portable Alpha in Difficult Markets Chidem Kurdas, New York Bureau Chief 04/22/2008 1:00:37 PM ET NEW YORK (HedgeWorld.com)—Institutional investors are increasingly interested in the idea of separating market exposure from investments that target above-market ... Carlyle Group Raises $450 Million CLO Emma Trincal, Senior Financial Correspondent 04/21/2008 3:59:29 PM ET WASHINGTON (HedgeWorld.com)—Washington-based private equity giant The Carlyle Group announced on Monday [April 21] that it closed a $450 million collateralized ... Proxy Briefs HedgeWorld Staff 04/18/2008 3:25:53 PM ET Yale Prof. Seeks to Practice Theory BOCA RATON, Fla. (HedgeWorld.com)—SCSF Equities, a private equity firm based in Boca Raton, Fla., wants to replace ... Turn Crisis Communications Into an Opportunity Jane N. Abitanta, Perceval Associates Inc. 04/17/2008 4:48:38 PM ET Jim sat at his desk, anxiously watching his Bloomberg terminal while simultaneously listening to an earnings call and sucking down another double tall ... Higher Commodity Prices Benefit Developing Countries: Paulson Michael S. Fischer, Senior Financial Correspondent 04/17/2008 3:51:15 PM ET WASHINGTON (HedgeWorld.com)—U.S. Treasury Secretary Henry Paulson, addressing the spring meeting of the World Bank earlier this week, said developing countries ... People—Comings and Goings—March 2008 HedgeWorld Staff 04/17/2008 3:28:29 PM ET CHICAGO (HedgeWorld.com)—As in all industries, people in the investment industry change jobs, get promoted, or strike out on their own. HedgeWorld marks ... Fund Launches—At the Starting Gate—March 2008 HedgeWorld Staff 04/17/2008 3:16:21 PM ET CHICAGO (HedgeWorld.com)—As hedge funds and funds of funds open and close, HedgeWorld reports the flow of offerings in stories on our site. We have distilled ... Surging Commodities Biggest Economic Threat: Poll Reuters 04/17/2008 3:05:07 PM ET NEW YORK—Escalating commodity prices are viewed as the biggest threat to the American and European economies, a poll released on Wednesday [April 17] showed. ... People Briefs HedgeWorld Staff 04/17/2008 2:41:56 PM ET Citadel Poaches Talent in Asia CHICAGO (HedgeWorld.com)—David Noh is joining Citadel Investment Group LLC as senior managing director and head of Asian ... ISDA Appoints Board Members, Confronts Realities Christopher Faille, Senior Financial Correspondent 04/17/2008 1:16:55 PM ET VIENNA (HedgeWorld.com)—The International Swaps and Derivatives Association, holding its 23rd annual general meeting in the former capital of the Austrian ... Commodities Specialist Focuses on Fundamentals Michael S. Fischer, Senior Financial Correspondent 04/16/2008 3:50:36 PM ET LONDON (HedgeWorld.com)—Per Tingberg said he believes the agricultural sector has entered a new structural environment similar to what occurred in the ... Losses Soak CS/Tremont Index in March Jacob Bunge, Financial Correspondent 04/16/2008 12:53:17 PM ET NEW YORK (HedgeWorld.com)—The Credit Suisse/Tremont Hedge Fund Index declined 2.11% in March, capping a quarter that will go down as one of the toughest ... Central Banks Could Intervene to Reverse Dollar Slide: Mechelany Martin de Sa'Pinto, Senior Financial Correspondent 04/15/2008 3:49:47 PM ET GENEVA (HedgeWorld.com)—Macro manager Jacques Mechelany has been forthright with investors in Japan- and China-focused funds advised by his firm, Heritage ... BarclayHedge Finds CTAs Off in March Jacob Bunge, Financial Correspondent 04/15/2008 3:41:45 PM ET FAIRFIELD, Iowa (HedgeWorld.com)—Commodity trading advisers tracked by the Barclay CTA Index were down 0.3% in March, despite the fact that 57% of CTAs ... Commercial Banks Gain Edge in Prime Brokerage Chidem Kurdas, New York Bureau Chief 04/15/2008 3:37:06 PM ET NEW YORK (HedgeWorld.com)—The near-collapse of investment bank Bear Stearns highlighted a risk to hedge funds. Problems originating elsewhere threatened ... Funds of Hedge Funds seen Struggling in 2008 Reuters 04/15/2008 3:30:34 PM ET LONDON (Reuters)—Funds of hedge funds are likely to limp through much of 2008 as managers shun high octane bets in the face of the ongoing global credit ... Volatility: A Blessing and a Curse for HFs Emma Trincal, Senior Financial Correspondent 04/15/2008 2:49:33 PM ET NEW YORK (HedgeWorld.com)—The spike in market volatility since the credit crisis hit the United States last summer is bad news for many hedge funds caught ... Instinet, Nomura Team Up on Algo Suite Chris Clair, Managing Editor 04/14/2008 6:17:23 PM ET NEW YORK (HedgeWorld.com)—Since acquiring Instinet Inc. in early 2007, Nomura Holdings Inc. has kept its distance, mostly so as not to compromise Instinet's ... Technology Briefs HedgeWorld Staff 04/14/2008 1:48:58 PM ET Tullett Prebon Signs Data Deal SHANGHAI, China (HedgeWorld.com)—Financial market data provider Tullett Prebon Information Ltd. signed a multi-year agreement ... Pension Funds Welcome Hedge Fund Standards: Survey Reuters 04/14/2008 1:08:21 PM ET LONDON (Reuters)—More than half of pension funds will require that the hedge funds in which they invest comply within three years with best practice standards ... People Briefs HedgeWorld Staff 04/10/2008 11:41:14 AM ET CME Hires Brazilian Liaison CHICAGO (HedgeWorld.com)—Ricardo Sant'Anna signed on with CME Group as director of business development for Latin America, ...