Investments through P-Notes rise to $26 billion in August
NEW DELHI: Investments by rich overseas entities through 'Participatory Notes' into Indian markets rose to five-month high of Rs 1,41,710 crore (around USD 26 billion) […]
News
Asia’s biggest fund takes an algorithmic passage to India
Published in Automated Trader Magazine Eastspring Investments is the largest fund manager in Asia with some 2,000 employees. Adam Cox caught up with one of […]
Och-Ziff halts India funding
Och-Ziff, the $30-billion New York-based hedge fund, has frozen secondary market stock investments in India due to soaring compliance costs and muddled tax policies, four […]
Hedge fund turns heat on govt
At a time when the Vodofone tax dispute is seen to have dented India’s image as an investment destination, The Children’s Investment Fund Management (TCI) […]
Indian among 7 charged in insider trading scheme in US
An Indian is among seven persons charged by US authorities of running a “criminal club” which made USD 62 million in illegal profits by trading […]
Citigroup Singapore sues hedge fund manager over gold losses
Citigroup’s Singapore unit is suing Hong Kong-based hedge fund manager Raghavendran Rajaraman, seeking to recoup US$1.03 million (S$1.3 million) in trading losses the bank says […]
Hedge funds raise bullish bets on commodities
Speculators increased wagers on rising commodity prices by the most since August 2010 on signs that sustained economic growth will drive a rebound in raw […]
Will Capital Flows to India Increase in 2012?
This year, Morgan Stanley’s global analyst team, which covers 1,766 companies, reckons that 339 of these companies have plans to invest in India. These investment […]
Dollar shock for Indian hedge funds
2011 has been an annus horribilis for Indian hedge funds. All hedge funds, with one exception, are currently in the red — the Eurekahedge Indian […]
eClerx appoints Artie Schlesinger to manage hedge funds and prime brokerage
eClerx, a leading knowledge and business process outsourcing firm to the global financial services industry, today announced the appointment of Artie Schlesinger as Senior Manager. […]
Reliance Life Gets Central Bank Nod for Stake Sale to Nippon
Reliance Capital Friday said it hoped to conclude shortly a stake sale in its life insurance arm to Japan’s Nippon Life for $680 million following […]
Hedge fund asset migration leaps
About three-quarters of assets under the management of Asia-focused hedge funds are managed by fund managers based in the region, up from about 60 percent […]
Asia hedge funds net $500m in Aug
HONG KONG: Asia-focused hedge funds attracted a net inflow of about $500 million in August, increasing their total inflows for 2011 to $7 billion, as […]
Citigroup’s Sutesh Sharma may quit to begin his own hedge fund
Sutesh Sharma, who heads a team of Citigroup Inc proprietary traders, intends to leave the company and start a hedge fund, two people familiar with […]
UK hedge fund TCI Plans to revisit India
The Children Investment Fund (TCI), a UK based hedge fund, is planning to re-enter India market. TCI had significant investment in leading PSU Banks such […]
Meet the few bright spots in hedge funds industry
While the hedge fund industry has largely been flat this year, a few closely watched managers are standing out — a welcome news for the […]
Kotak appoints Shefali Shah as Senior Executive Director
BANGALORE: Kotak Investment Banking, a subsidiary of Kotak Mahindra Bank Limited, announced the appointment of Ms. Shefali Shah as Senior Executive Director. Shefali will head […]
Companies lure investors with quant-based models
Kalpesh Kinariwala, founder & CEO of CapVeda Capital (India) Advisory, a Mumbai-based firm that advises clients on quantitative investment or investment models based on mathematics […]
Goldman Sachs Launches India Equity Funds
Goldman Sachs Asset Management launched the Goldman Sachs India Equity Fund (GIAAX), following the May 31 launch of the Goldman Sachs Korea Equity Fund (GWIAX). […]
RIL enters into financial services with DE Shaw
After foraying into the telecom space in June 2010, soon after the non-compete agreement with the Reliance Anil Dhirubhai Ambani Group (ADAG) was scrapped, Reliance […]
Singapore to trade Nifty Options
The Singapore Exchange (SGX) will start trading a second Nifty contract in May or June, offering regional hedge funds and investors another option to benefit […]
India, Cayman Islands ink tax information exchange agreement
Deccan Herald “India and Cayman Islands have signed a Tax Information Exchange Agreement,” an official statement said today. This is the fifth Tax Information Exchange […]
Goldman Sachs AMC to buy Benchmark MF for Rs 130.5 crore
Goldman Sachs Asset Management Company said on Wednesday that it would acquire Benchmark Mutual Fund, an ETF-focussed Indian fund house. Benchmark mutual fund manages assets […]
Headstart Launches Global Emerging Markets Fund
With growing investor interest in emerging markets and following on from the success of its Limestone Wider Russia Fund, Headstart Advisers has launched the new […]
Future Ventures in talks with DE Shaw, Citi for pre-IPO deal
Future Ventures, the venture capital arm of retailing major Future Group, is in talks with hedge fund DE Shaw and PE arm of Citi for […]
Hedge funds’ returns fall sharply in Nov
Hedge funds invested in India bore the brunt of the market sell-off last month, dragging down the year-to-date returns of these funds to under 10 […]
Balyasny Asset Management under SEC scanner
The Wall Street Journal reported that Chicago-based hedge fund Balyasny Asset Management L.P., led by Dimitry Balyasny, is also one of the funds “whose activities […]
Size of Indian hedge funds up 30% in FY11: Eurekahedge
Liquidity flow to the Indian hedge fund industry has picked up tremendously, said Farhan Mumtaz of Eurekahedge Group. “Indian funds have received a lot of […]
FII’s Pumping in Huge Money
Since January, India’s equity and bond markets have attracted a record $33.8bn in foreign funds. FIIs (foreign institutional investors) have been net buyers to the […]
UBS bullish on India, China
“Valuations in India are a bit expensive whereas China markets look very attractive. Both India and China will do well in coming years and drive […]
FII Inflow & Rupees
The upward movement of the rupee against the U.S. dollar was sharp in recent weeks as the Indian currency has climbed about 5.6 per cent […]
India focus funds net assets up by 10% in August
India focus funds have attracted capital: Eurekahedge Source: IndiaTimes
FII Inflows cross $18 bn in 2010
Foreign investment highest ever in dollar terms in a single calendar year. Foreign institutional investors (FIIs) have poured about $18 billion (Rs 81,880 crore) in […]
Blackrock’s ISHARES offers new NIFTY ETF
The Exchange Traded Funds (ETF) platform of BlackRock, iShares has launched a new swap-based product platform, which gives exposure to India and Russia. This development […]
Asian hedge funds number grows to 1278
The number of Asian hedge funds reached a record 1,278 as more managers opened firms to tap interest in the world’s fastest-growing economies, according to […]
Sebi clears smart order routing for all investors
Capital market regulator the Securities and Exchange Board of India (Sebi) has approved the launch of smart order routing to every class of investors on […]