LONDON - BlueBay, one of Europe's biggest asset managers, will shut a $1.4 billion hedge fund in an unexpected move as fund manager Neil Phillips is leaving.
LONDON - Hedge fund Kynikos Associates founder James Chanos said the art market is frothy and he is currently shorting Sotheby's, a global auctioneer of art and jewellery.
LONDON - Computers stole a march on their human trading rivals this year and should continue to do so in 2015 as a much-heralded return to sustained volatility is unlikely to happen, an executive of Man Group, the world's biggest listed hedge fund, said.
NEW YORK - Pension funds across America are not expected to follow in the footsteps of the California Public Employees Retirement System, which sent shock waves through the industry with its decision to abandon hedge funds, a prominent investor said on Tuesday.
NEW YORK - Energy exploration and production stocks are poised to tumble in 2015, especially if the price of oil continues to fall, hedge fund manager Michael Corcelli said on Monday.
LONDON - Europe-focused hedge fund Oceanwood Capital Management is closing its fund to new investors after its assets under management hit $2 billion recently, a source with direct knowledge of the matter said.
NEW YORK - Hedge fund Omega Advisors expects to see the U.S. stock market's bull run continue into next year, fueled by steady economic growth and a corporate takeover boom.
LONDON - Hedge fund CQS is betting on U.S. high-yield corporate bonds following the return of widening credit spreads and volatility in the second half of the year, the firm's founder Michael Hintze, one of Europe's most influential investors, said on Monday.
LONDON - British hedge fund ISAM, founded by ex-Man Group chief executive Stanley Fink, said on Monday it had launched a new currency brokerage service for institutional clients, named IS Prime.
LONDON - Hedge funds specialising in bets on mergers and acquisitions are starting to see investors withdraw funds, prompting them to take a more cautious approach after being caught out by more than 500 corporate deals globally failing this year.
WINNIPEG Manitoba - Canpotex Ltd, the offshore sales agency for North America's three biggest potash producers, has agreed on multi-year sales agreements with two Indian fertilizer companies, the government of the Canadian province of Saskatchewan said on Thursday.
NEW DELHI - Finance Minister Arun Jaitley said on Friday it would be hard to hit tax revenue targets in this fiscal year, with weak credit demand underscoring his concern about the state of the economy.