Hedgie Algebris struggles to make the numbers stack up January 23, 2012 THE hedge fund manager backed by industry star Chris Hohn (pictured) expects a recovery in financial stocks after being hit last year by Eurozone leaders’ failure to tackle the debt crisis. Alex Lasagna, head of business development and investor relations at Algebris, said: “We think after five years of significant under-performance by financials there could [...]
Hedge fund stars toast top January February 6, 2012 STAR traders Crispin Odey and Pierre Lagrange led a recovery for the beleaguered hedge fund industry in January as European bank stocks soared 10 per cent. The Odey European fund, which fell 20 per cent in 2011, is up 14 per cent so far this year after taking a bullish stance on banks and the [...]
Hedge fund stars toast top January February 6, 2012 STAR traders Crispin Odey and Pierre Lagrange led a recovery for the beleaguered hedge fund industry in January as European bank stocks soared 10 per cent. The Odey European fund, which fell 20 per cent in 2011, is up 14 per cent so far this year after taking a bullish stance on banks and the [...]
Hedgie star Harding set for windfall as he beats slump January 2, 2012 THE HEDGE fund run by “black box” pioneer David Harding (pictured, right) has emerged as one of the few major winners after a dire year for the industry. Winton Capital’s futures fund returned 6.3 per cent in 2011, according to provisional figures seen by City A.M. This contrasts with the average hedge fund’s 4.45 per [...]
Hedgie star Harding set for windfall as he beats slump January 2, 2012 THE HEDGE fund run by “black box” pioneer David Harding (pictured, right) has emerged as one of the few major winners after a dire year for the industry. Winton Capital’s futures fund returned 6.3 per cent in 2011, according to provisional figures seen by City A.M. This contrasts with the average hedge fund’s 4.45 per [...]
Rivals Hintze and Odey rise despite gloom November 7, 2011 BIG name managers such as Crispin Odey and Michael Hintze have bucked the autumn gloom in hedge funds by making gains amid hopes Eurozone leaders are finally tackling the debt crisis. Odey Asset Management, one of Europe’s biggest hedge fund firms, saw its European fund, run by founder Crispin Odey, gain 9.1 per cent in October, [...]
Rivals Hintze and Odey rise despite gloom November 7, 2011 BIG name managers such as Crispin Odey and Michael Hintze have bucked the autumn gloom in hedge funds by making gains amid hopes Eurozone leaders are finally tackling the debt crisis. Odey Asset Management, one of Europe’s biggest hedge fund firms, saw its European fund, run by founder Crispin Odey, gain 9.1 per cent in October, [...]
Murdoch set to survive at Sky says Odey November 27, 2011 JAMES Murdoch will be comfortably re-elected as a director of BSkyB at tomorrow’s annual general meeting, says one of the broadcaster’s biggest investors, despite shareholder calls for him to resign in the wake of the phone hacking scandal. Hedge fund boss Crispin Odey, who holds a 2.7 per cent stake in the satellite business, says [...]
SEASICK IN THE CITY AS BROADGATE HOLDS SWAY January 5, 2012 CITY WORKERS in the Broadgate Tower dropped everything on Tuesday to look up the meaning of “deflection”, after strong winds made the building sway so dramatically that staff complained of seasickness. The building may have been designed by award-winning architects Skidmore, Owings and Merrill – but when you are stuck in a 165m tower that [...]
SEASICK IN THE CITY AS BROADGATE HOLDS SWAY January 5, 2012 CITY WORKERS in the Broadgate Tower dropped everything on Tuesday to look up the meaning of “deflection”, after strong winds made the building sway so dramatically that staff complained of seasickness. The building may have been designed by award-winning architects Skidmore, Owings and Merrill – but when you are stuck in a 165m tower that [...]