Hedge-trimming
Investors do not lack for suspicions that some funds’ handsome profits were due to more than skill. But that does not indict hedge funds in general: it is a useful and legitimate industry
Hedge funds
Resources
Flaws in hedge fund rules detailed
Proposed pan-European regulation of hedge funds and private equity is being introduced on the back of a ‘vague, sweeping and inadequate’ analysis of the problem, according to a report prepared for European lawmakers
Flurry of hedge fund start-ups buoys industry
Launches growing in size and number
Tyrus fund raises more than $800m
Sign of a resurgence of confidence in the sector
K1 fund’s probe centres on fraud allegations
Founder allegedly used circular investments
K1 founder arrested as inquiry expands to US
German national and Nebraska adviser arrested
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Comment
Government’s response like that of a rowdy drinker in a bar brawl
Hedge funds should be supervised and regulated, as they already are in much of Europe. But it is unfair of the French and German governments to penalise these foreign ‘locusts’ for domestic failures
Insight: Hedge funds face mountain
Somewhere along the way, hedge funds lost sight of their original purpose, writes David Smith, investment director at GAM’s fund of funds
Level the global playing field for the horrid hedgies
The original spirit behind the European Union’s directive on alternative investment fund managers suggests Sebastian Faulks’ latest novel will sell a bundle in French and German translation
Hedge funds to quit UK
Some big managers are talking about forgoing European money entirely rather than play along with a draft Brussels directive
Leverage creeps back on to the radar
There are signs that the carnage in the credit world is beginning to produce benefits for nimble survivors such as CQS, writes Gillian Tett
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