Big Names Added To Lyxor Platform By: Revington Charollete | - Marathon Asset Management and AQR Capital were among several big names to have funds added to Lyxor Asset Managements industry-leading Managed Account Platform (Map) in December.
The news marks a strong end to the year for the Lyxor Map in terms of fund additions, with new products from Brevan Howard, Paulson & Co and Cheyne Capital also debuting in the final few months of 2011, filings on the Irish Stock Exchange (ISE) reveal.
Funds And Games By: Revington Charollete | - A large number of regulatory changes have taken place or have been proposed in the past two years affecting the financial sector. Of the recent regulatory changes, which has had the greatest impact on the funds industry to date?
Jeffrey Bronheim, general counsel, Cheyne Capital: When the Alternative Investment Fund Managers Directive [AIFMD] was published certain provisions could have harmed the hedge fund business in Europe. While the final directive is more appropriate it will sti ... Tags:cheyne capital, hedge funds, cheyne news
Hedge Funds See Opportunity In Beaten-down Commercial Mortgage-backed Securities By: Revington Charollete | - Commercial mortgage-backed securities (CMBS) are making a comeback after dying a death in 2008 when overleverage led to indiscriminate selling. The revival is driven by a new generation of leaner, meaner products and better than expected performance by legacy CMBS.
Those willing and able to exploit the opportunities created by an inefficient market with high barriers to entry and conservative ratings can benefit from attractive risk return metrics.
Hedge Funds Offer Risk-sharing Bridge By: Cheyne Capital | - New financial regulations have created a gulf between those who need capital and those who have it. On one side stand the banks. They are trying to reconcile an increased cost of capital with political pressure to lend more to small businesses and help kick-start the economy.
On the other side are the pension funds, insurance companies and family offices, which are sitting on large pools of long-term capital but face a dwindling universe of investments that deliver a decent yield. Tags:cheyne hedge funds, cheyne capital, cheyne news
This is driven by an expanding investor base to include very large institutional investors whose investment horizon is long, requiring less frequent liquidity but more a robust infrastructure. As a consequence of this broadening investor base, managers have fast realised the importa ... Tags:hedge fund, hedge fund review, hfr, cheyne capital
Hedge Funds And Private-equity Firms Have Big Plans For Europe By: Revington Charollete | - Up for grabs will be distressed corporate loans, property debt and non-core businesses as European banks shrink their balance-sheets to meet stricter capital requirements. Huw Van Steenis of Morgan Stanley estimates that banks will have to downsize their balance-sheets by 1.5 trillion-2.5 trillion ($2 trillion-3.4 trillion) over the next 18 months. Funds have only about $150 billion to spend on distressed debt in Europe, he reckons, which means they should have their pick of assets.
Cheyne European Event Driven Fund: Cheyne Capital Management (uk) By: Cheyne Capital | - Although many people would take one look at Europe and turn away, Simon Davies, head of the event driven division at Cheyne Capital, sees a wealth of opportunities. As one of a team of nine for the European Event-Driven Fund, Davies is surprisingly upbeat about European merger and acquisition (M&A) activity.
"For us, I have always said we have never needed a large-cap M&A boom to be able to make money. Our fund is nimble enough to be able to invest in mid-cap M&A situations and cred ... Tags:hedge funds, cheyne capital, cheyne news
Exclusive: Cheyne Capital Revealed As Omni Backer By: Cheyne Capital | - The confirmation comes after Omnis owner, property entrepreneur Christian Candy, revealed the lender has plans to become a bank in the regulated mortgage market as well as the bridging sector.
The additional funding means Omni now has 200m available for short-term finance as well as "future real estate backed product lines after CPC Group, Christian Candys Guernsey-based property finance fund, raised the amount it will lend Omni to 180m from 50m.
Business Intelligence Case Study: Cheyne Capital By: Rachel Bridge | - Cheyne Capital , a hedge fund management company, has replaced SAS with the Tableau business intelligence, to speed up the development of reports for its traders.
Over the last three years the IT team at Cheyne Capital needed to provide reporting across multiple systems to provide traders with greater business insight. However, due to the nature of its business, producing reports needs to be done quickly and efficiently.
The recent decision by hedge fund luminary George Soros to effectively depart the industry and administer his funds through a family office was no surprise his funds had been closed for 11 years to outside investors, who owned just a fraction of the $25bn total. However, while his exit from the sector was a logical choice, other funds considering how they can remain in the hedge fund game face tougher questions. Succession planning is ... Tags:cheyne hedge funds, cheyne capital, cheyne news
How Do You Fix The Ipo Market? By: Joe D Walker | - In the first seven months of this year, 143 initial public offerings were priced for European issuers, while 50 others, over one-third as many, were either announced and then postponed or launched and then pulled. That's a very high failure rate by historical standards and comparable to the worst days of the financial system crisis that accompanied the collapse of Lehman Brothers in 2008. After the IPO market reopened late in 2009 it wasn't meant to be this way.
Financial News Rising Stars By: Revington Charollete | - Because of their youth, these young men and women have no preconceived notions of how things "should" be done, and are not constrained by a traditional mindset.
Feras Al-Chalabi
Partner, Odey Asset Management
Al-Chalabi joined Odey in 1999 and manages $1.2bn of long-only money. This year he has made returns of 11% for Odey's flagship continental Europe fund, ranking it in the top 10% of peers over one, three and five years. Al-Chalabi has focused on investing in luxury g ... Tags:finance news, rising stars, hedge funds
New Tack For Cheyne Capital Trust Continues Paying Off By: Revington Charollete | - The trust, formerly called Queen's Walk Investment, invests primarily in senior secured residential and commercial debt in Western Europe including the UK, using publicly traded securities and real estate loans to do so.
Its shares jumped 20% in the period, hitting their highest level since mid-2008.
RECI declared a dividend per ordinary share of 0.014 for the period.
The Hedge Funds Review European Performance Awards recognise the top performing funds in various categories and are based on a methodology ranking funds on their returns, Sharpe ratio and other metrics. Chaired by Hedge Funds Review Editor, Margie Lindsay, the judging panel is impartial and unbiased and ... Tags:cheyne, cheyne capital, cheyne capital fund, hedge fund awar
Andrew Cheyne Diet For Fitness And Health Review By: Lillie B. Ryan | - With lots of diet routines and programs emerging these days, it is quite confusing to determine which are saying the truth and which is not. Due to this reason, people dont know what type of program they will incorporate into their lifestyle. Good thing is that, Andrew Cheyne created Diet For Fitness And Health that is proven to help a lot of people in achieving the body they always wanted. This way, you will be able to avoid frustration and too much problems in your diet regimen.
Andrew Cheyne Internet Health And Fitness Review By: James K. Back | - Some may think that weight loss pills or even liposuction is their only hope in order to lose weight. Actually, this concept is wrong. If you will be able to have enough time to surf the net, it is not possible to find Andrew Cheyne and his Internet Health And Fitness program that will help you lose weight the right way. As a result, you will be able to lose weight the right way.
Click Here For Internet Health And Fitness Database Instant Access Now!
Hedge Funds Review Awards 2011 By: Revington Charollete | - Some of the biggest names in Europe's hedge fund industry have been recognised at the Eleventh Hedge Funds Review European Performance Awards in London.
Special guests Paul Ruddock, co-founder and CEO of Lansdowne Partners, and Kathryn Graham, director of BT Pension Scheme Management, were honoured for their outstanding contribution to hedge funds industry.
Eurozone Sovereign Bailouts Likely To Stop At Portugal By: B2B Strategies | - Three of the heavily indebted 'PIGS' countries Greece, Ireland and Portugal have already received or requested bailouts from the European Union and International Monetary Fund, leaving only Spain holding on to solvency without external support.
The sequence of funding failures has triggered fears that Spain could suffer the same fate. Such an eventuality would pose a far greater threat for the Eurozone given that Spain's economy is almost twice the size of those of Greece, Ireland ... Tags:cheyne, cheyne fund, cheyne capital fund, cheyne hedge fund,
Despite the best efforts this month by policymakers to put in place a long-term crisis management framework for Eurozone countries, the immediate task of managing the disparate needs of the strong core and weak periphery is a puzzle with no obvious solutions.
That was the consensus, at least, of panellists trying to assess the cost of the E ... Tags:cheyne capital
Conflicting Interests At Heart Of Eurozone Crisis By: Revington Charollete | - Despite the best efforts this month by policymakers to put in place a long-term crisis management framework for Eurozone countries, the immediate task of managing the disparate needs of the strong core and weak periphery is a puzzle with no obvious solutions.
That was the consensus, at least, of panellists trying to assess the cost of the Eurozone crisis at the latest Credit Institute event, held in London on March 24. The discussion was moderated by Duncan Sankey, portfolio directo ... Tags:cheyne capital, cheyne, cheyne hedge fund
The Hedge Fund Association Expands Globally, Appoints Directors For Latin America By: Charlotte Rivington | - The Hedge Fund Association (the HFA) has come a long way in the 16 years since its founding when global hedge fund assets were only approaching the $250 billion mark. Today, the non-profit alternative investment industry association announced that, with its expansion into Latin America, it has become a truly global organization. Victor Hugo Rodriguez, CEO of LatAm Alternatives, was appointed by the HFAs board to serve as the Director of the Latin American Regional Chapter. Marcia Rothschild, ... Tags:cheyne hedge funds, cheyne capital, cheyne news
Cheyne Capital President: Risky Real Estate In Safe Countries Beats Emerging Markets By: Revington Charollete | - Real estate investors should look at riskier assets in stable countries to improve returns as prime properties yield less and emerging markets lose stability, according to Stuart Fiertz, co-founder of Cheyne Capital Management (UK) LLP.
"It is becoming more important to switch attention away from trophy assets in central business districts, where yields are falling," Fiertz said today at the Bloomberg Link Hedge Funds conference in London, United Kingdom.
Sales of existing commercial ... Tags:cheyne capital, cheyne, cheyne hedge fund, bloomberg
Cheyne Capital Shift In Focus Of Real Estate Debt Fund Reci Reaps Rewards By: Revington Charollete | - A shift to concentrate on real estate debt including mortgages backed by residential and commercial property by listed hedge fund Cheyne Capital's Real Estate Credit Investments (RECI) has paid off.
The fund posted a 7% rise in value and a 48% jump in profits in the last quarter of 2010.
Over the period RECI's shares rose 25% to a 29-month high of 1.24 ($1.72) driven largely by retail investors who have also been the primary drivers of a daily turnover of 100 ... Tags:cheyne capital, cheyne, cheyne hedge fund, reci, real estate
Hedge Funds Not Only Survived The Gfc, But Prospered By: Charlotte Rivington | - According to research house Rainmaker Information, Australians had $30 billion invested in hedge funds at the end of 2010, up from $20bn in mid-2007. The sector was hit by the GFC, with investment falling from $27bn to $22bn at one stage, but has roared back (see chart page 7). "It's one of the few segments of the Australian funds management industry where the amount invested is currently higher than it is ever been," Rainmaker head of research Alex Dunnin says.
U.s. Investors Stake Positions For Rebuilding Japan By: Charlotte Rivington | - The devastating human and economic toll from Japan's earthquake and tsunami has jolted world markets, but top U.S. hedge fund and money managers see a bittersweet buying opportunity in companies ranging from American auto companies to small- and mid-cap Japanese stocks.
Japanese stocks on Monday posted their biggest daily decline since October 2008 as traders considered economic losses in the world's third largest economy. The Nikkei index closed off 6.2 percent and the broader TOPI ... Tags:cheyne hedge funds, cheyne capital, cheyne news
Hedge Funds Saw Weaker Returns In 2010 By: Revington Charollete | - Hedge funds poorer performance was largely due to the fact that they cannot make as many bets with borrowed money, analysts said.
Hedge funds on average returned just 4.52% in 2010, the figures from Hedge Fund Research's HFRX index show, some way below the FTSE 100's 10.5% jump or the Standard & Poor's 500 Index's 12.7% rise.
The hedge fund industry's lackluster performance in 2010 could spur more investors to question whether it is worth paying higher management fees for the funds, ... Tags:hedge funds, investment, cheyne capital, lng capital
Cheyne Hires Ex-morgan Stanley Banker By: Revington Charollete | - What was Japanese bank Nomuras loss is Cheyne Capitals gain as a former Morgan Stanley banker joins the London hedge fund.
Cheyne Capital Management has appointed John Hyman as a partner. Hyman has more than 23 years of experience in the equities industry and joins from Morgan Stanley where he worked for 17 years as co-head of global capital markets, co-head of global equity capital markets and oversaw all of Morgan Stanleys equity transactions in EMEA and Asia from 2005 t ... Tags:cheyne capital, cheyne fund, cheyne, hedge fund
Cheyne Fund - Ways That Portfolio Managers Can Invest In Volatility By: Charlotte Rivington | - Cheyne Capital Management (UK) LLP (Cheyne Capital) is pleased to announce that the Cheyne European Event Driven Fund has successfully exceeded its first round AUM target of $100 mill by August 1st, raising the majority of the capital from new and existing investors in just two months.
The fund has delivered 11 months of consecutive positive performance since launch in October 2009 including during the difficult months of May and June and credits its performance to its Europ ... Tags:cheyne hedge funds, cheyne capital, cheyne news
Cheyne Hedge Fund's Portfolio Manager On Investing In Volatility By: Revington Charollete | - Market volatility looks as though it is here to stay, but there are ways that portfolio managers can invest in it and use it to their advantage
During the darkest days of the Great Depression, President Franklin D Roosevelt used his inaugural address to calm a nation in the grip of financial crisis. He identified the heart of the problem facing both the nation and the markets alike: "The only thing we have to fear is fear itself."
Fear played a large part in the stock market collapse ... Tags:cheyne hedge fund, cheyne, capital, hedge, fund
Cheyne Capital Healing Credit Markets Offer Reservoir Of Opportunity By: Revington Charollete | - The post-2008 period has witnessed a sharp economic downturn give way to an environment of anaemic growth propped up by record low interest rates. Difficulties in financial markets linger against a backdrop of tight credit conditions and periodic shocks affecting sovereign borrowers, particularly in Europe. Hedge fund performance rebounded and then stalled during the second and third quarters.
Successfully navigating the post-2008 minefield offers challenges to the investment managers at ... Tags:cheyne capital fund, cheyne, capital, fund
Cheyne Capital Fundraising Points To Bright Future For Event-driven Strategies By: Revington Charollete | - Event-driven funds have proved popular with investors and now account for about one quarter of hedge fund assets. They took in $5.8bn of net new assets in the first half of this year, second only to relative-value funds, which enjoyed $9.9bn net inflows, said data provider Hedge Fund Research.
Investors said this growth is likely to continue as the outlook for the event-driven strategy's two main prongs - investment around M&A and investing long and short in distressed company debt remains ... Tags:cheyne capital fund, cheyne, capital, fund
Cheyne Capital European Event Driven Fund Raises Over $100 Million By: Cheyne Capital | - Cheyne Capital Management (UK) LLP ("Cheyne Capital") is pleased to announce that the Cheyne European Event Driven Fund has successfully exceeded its first round AUM target of $100 mill by August 1st, raising the majority of the capital from new and existing investors in just two months.
The fund has delivered 11 months of consecutive positive performance since launch in October 2009 including during the difficult months of May and June and credits its performance to its European lo ... Tags:Hedge Funds, Cheyne Capital, Cheyne Capital Management
Cheyne Capital Hedge Fund Overhauls Queen's Walk Debt Fund By: Laurence Fletcher | - Cheyne Capital is overhauling its Queen's Walk Investment fund, hit hard by the U.S. subprime crisis, by cutting its payouts and raising cash to spend on less risky assets to widen its appeal.
Cheyne Capitals Hedge fund, which will change its name to Real Estate Credit Investments, plans to raise nearly 25 million euros ($32 million) through a share placing and open offer, it said on Tuesday.
It will use the cash to buy less risky parts of residential and commercial propert ... Tags:Cheyne Capital, Cheyne Capital Hedge Fund
Cheyne Capital E Tosca Fund Presentes No Lançamento De Cinco Newcits By: Cheyne Capital | - As empresas que anunciam planos Newcits so a Toscafund, a Trycon GCM em Frankfurt, a Cheyne Capital e a Castlestone Management, enquanto a Merchant Capital e a plataforma espanhola Tressis tambm se aliaram num fundo de investimento de curto e longo prazo.
Toscafund prepara-se para lanar uma verso UCITS da sua estratgia de hedge funds de 110 milhes de dlares com limites pequenos e mdios, respondendo procura por parte de clientes privados.
Esta ter o mesmo n ... Tags:cheyne capital, cheyne capital hedge fund, cheyne news
A Life Between Newspapers At One Of The Oldest Newsagents By: Joe D Walker | - When some businesses died they take good memories with them. The history of Jos 'Paco', and his wife Maria, is the story of a newsagency. "It took us all the effort of the world," told these merchants of the printed word. Since 1960, its tiny window was only down for a handful of days; it was half a century of relentless work that will write soon its final point. Paco and Mari will retire, and with their departure, the kiosk will close.
Toscafund, Frankfurt-baserade Trycon Gcm, Cheyne Capital Och Castlestone Management Hör Till De Som By: Cheyne Capital | - Die Liste der Hedgefonds-Spezialisten, die UCITS-III-konforme Newcits-Fonds auflegen, wird wieder lnger, fnf weitere sind bereits angekndigt.
Diese Woche haben Toscafund, der in Frankfurt ansssige Trycon GCM, Cheyne Capital und Castlestone Management ihre Newcits-Plne verffentlicht, whrend Merchant Capital und die spanische Plattform Tressis bei neuen Long-/Short-Fonds zusammenarbeiten wollen.
Laut Reuters plant Toscafund die Auflage einer UCITS-Version seiner 110 Milli ... Tags:cheyne capital, cheyne capital management, cheyne capital news
Tosca Och Cheyne Med I Fem Newcits Lanseringar By: Cheyne Capital | - Listan ver hedgefondfretag som lanserar UCITS III-kompatibla Newcits fonder fortstter att vxa och nu meddelas det om fem nya.
Toscafund, Frankfurt-baserade Trycon GCM, Cheyne Capital och Castlestone Management hr till de som den hr veckan offentliggjort sina Newcits-planer, medan ocks Merchant Capital och spanska Tressis har slagit sig ihop fr en ny lng/kort fond.
Cheyne Fund Boosts Allocation Of Low-ranked U.k. Mbs By: M Communications | - Cheyne Capital Management (U.K.) LLP, a hedge fund firm which oversees $5.5 billion, is boosting the allocation of lower-rated British mortgage debt in one of its funds.
Cheyne "sees value" in lower-ranked U.K. mortgage-backed securities for its Queen's Walk Investment Ltd. fund, partner Shamez Alibhai said, without saying how the firm came to that conclusion.
Cheyne Capital's General Counsel Jeff Bronheim On Picking An External Lawyer By: Joe D Walker | - When choosing an external lawyer a management company needs to take into account a number of factors such as cost, experience and responsiveness. It also needs to decide which of these has the most weight.
Law firms might be needed in other jurisdictions depending on where the fund is planning to trade or market itself. In the main centres on and offshore, hedge fund managers and general counsel say there are really only a handful of established practices with the depth of experience requi ... Tags:cheyne hedge fund, cheyne capital, cheyne news
Cheyne Capital Newsletter - Outlook For 2010 By: M Communications | - Most major equity indices were up over 20% in 2009 and over 65% from the March 2009 lows. To put this rally in context, despite a solid 2009, equities will exit the noughties with their worst 10-year performance history on record (eg MSCI World Index is down -17% since 1999). Equities are more reasonably valued today on several key metrics, for example, the forward P/E ratio is 50% lower than it was 10 years ago, the dividend yield is 2x higher, and the risk-free rate of return is 40% lower. Pri ... Tags:cheyne, cheyne capital, hedge funs, finance
Cheyne Capital Newsletter - Highlights For 2009 By: Outside | - In April, we were pleased to announce the appointment of Chris Goekjian as Chief Investment Officer ("CIO"). As CIO, Chris has taken overall responsibility for the risk management of all Cheyne-managed funds and investment products, the oversight of portfolio management teams, and the development of new investment products. Prior to joining Cheyne, Chris was Founder and CIO of Altedge Capital (UK) Ltd, and previously spent 10 years at Credit Suisse, where he was head of the Global Fixed Income D ... Tags:cheyne, cheyne capital, hedge funs, finance
Cheyne Cio Says Plans Ucits M&a Fund By: UkBiz | - The UK-based credit specialist said merger arbitrage is coming back after tapering off during the credit crisis, pointing to the recent merger of U.S. food company Kraft (KFT.N) with UK confectioner Cadbury (CBRY.L) as evidence.
"We are definitely raising money there and we're looking at a UCITs format," Cheyne chief investment officer Chris Goekjian said at the Reuters Private Equity and Hedge Funds Summit in London.
Cheyne Capital Appoints New Head Of International Sales And Distribution By: M Communications | - London based Hedge Fund Cheyne Capital, one of the largest alternative asset managers in Europe today announces the appointment of Max Nardulli as Head of International Sales and Distribution. In this newly created position, Nardulli will be responsible for the marketing of Cheynes diverse and expanding range of products globally including Cheynes new real estate debt, European event driven and equity macro offerings, excluding the United Kingdom.
Cheyne Capital Appoints Chris Goekjian As Chief Investment Officer By: Tug Search | - London, 14 April 2009 Cheyne Capital Management (UK) LLP is pleased to announce the appointment of Chris Goekjian as partner and Chief Investment Officer ("CIO") reporting to Jonathan Lourie, Chief Executive. As CIO, Mr. Goekjian will have overall responsibility for risk management of all Cheyne funds and investment products, oversight of portfolio management teams and development of new investment products.
Cheyne Capital Appoints Two Partners For Macro Equities Team By: Dopplr | - Cheyne launched its first fund in 2000 and today manages net assets of approximately $6 billion across a diversified suite of products. Cheyne currentlyemploys approximately 170 people with its primary offices in London, New York, and Bermuda.
Cheyne Capital Management has appointed two new partners: Paul Ruddleston and Paul Keohane, who were previously managing directors at Morgan Stanley. Paul Ruddleston and Paul Keohane join from Morgan Stanley where they worked for a combined 26 ... Tags:cheyne, capital
Hedge Funds. What Are They? By: Tug Search | - Hedge funds have been around since the fifties but only grew in popularity in the 1960s. With big names like George Soros and Michael Steinhardt, fund management gained a high profile within the investment community and beyond. During this time, what didn't gain quite the exposure was what a hedge fund actually did.
Hedge funds are very similar to mutual funds except for fewer regulations and therefore can invest in a broad range of investments including shares, debt, commodities ... Tags:edge Funds, Barclays Global Investors, Cheyne Capital, GLG P
Regulating Hedge Funds By: Tug Search | - Hedge funds are very similar to mutual funds except for fewer regulations and therefore can invest in a broad range of investments including shares, debt, commodities and so forth. Hedge funds have the freedom to seek to offset potential losses in the principal markets invested in by hedging their investments using a variety of methods, hence the name hedge funds.
Cheyne Capital Announces Two New Appointments By: Tug Search | - Stephen Best joined Cheyne Capital in January 2009 as Partner and Senior Credit Analyst with 16 years' experience. Steve is responsible for the financial and telecoms sectors in Cheyne's Corporate Credit Team which has been headed by David Peacock and John Weiss since early 2002. Before joining Cheyne Capital, Steve was a Director at UBS Principal Finance, where he served on the Credit Committee with responsibility for credit selection and ongoing portfolio monitoring of a major managed CDO p ... Tags:cheyne, cheyne capital, cheyne capital management
Cheyne Capital Has Chosen Teamseer Software To Manage Administrative Overheads By: Tug Search | - London - Tuesday, 8th July 2008. In common with many businesses, Cheyne Capital had no formal means of managing team absence, resulting in individual teams creating wall planners or spreadsheets of their own. Tracking and approval of holidays was carried out informally via email, with no reliable way for managers to avoid holiday clashes between individuals, check holiday entitlement or monitor the number of days spent on activities such as client networking.
Set up in 2000 as a convertible and credit specialist by former Morgan Stanley men Jonathan Lourie and Stuart Fiertz, who have worked together for some 17 years, the firm has built a reputation as an innovative and opportunistic multiple-strategy asset manager - with a history of reacting to periods of market upheaval by ... Tags:Cheyne, Cheyne capital, Capital
