Stewart will co-head New York- based BlackRock's hedge fund and private equity division alongside current leader Matt Botein, who will take on the additional title of chief investment officer for alternatives, the firm said in a memo on Friday.
LONDON, March 21- Client demands to pull money out of hedge funds may rise further from a three-month high in March as investors grow nervous over Cyprus's debt crisis, said hedge fund administrator SS&C GlobeOp.
Economics and politics are informing these hedge funds' thinking on Hungary, central Europe's most indebted nation on the basis of its public debt of around 79 percent of GDP.
Economics and politics are informing these hedge funds' thinking on Hungary, central Europe's most indebted nation on the basis of its public debt of around 79 percent of GDP.
*Cyprus sovereign bond signals default a remote outcome. By Natalie Harrison and John Geddie. Cyprus must raise that cash in order to secure the bailout money.
LONDON, March 20- The flagship hedge fund of Fortress Investment Group is betting on a further slide in the Japanese yen, predicting the new central bank governor in Tokyo will step-up the pace of monetary policy easing.
LONDON, March 20- The flagship hedge fund of Fortress Investment Group is betting on a further slide in the Japanese yen, predicting the new central bank governor in Tokyo will step-up the pace of monetary policy easing.
Global hedge funds missed out on a rally in European and U.S. shares last month, with all investment strategies delivering below-index returns, EDHEC-Risk data shows. Long\ short equity hedge funds, which buy shares they expect to rise and take negative bets on those they expect to fall, returned 0.4 percent last month.
NEW YORK, March 18- Paulson& Co asked a judge to dismiss a lawsuit accusing the firm of conspiring with Goldman Sachs Group Inc to get a bond insurer to guarantee payments on an investment allegedly designed to fail.
LONDON, March 18- Man Group is to cap future cash bonuses for its senior executives, the hedge fund manager said in its 2012 annual report published on Monday.
*Speculation mounting Marc Lasry will be new ambassador to France. NEW YORK, March 18- As speculation mounts that Avenue Capital hedge fund co-founder Marc Lasry will be nominated as the next U.S. ambassador to France, his $12 billion firm has told investors it is naming its first chief investment officer, according to a memo reviewed by Reuters.
*Natgas sees nearly $2 billion in new long money. Natural gas saw close to $2 billion worth of new net long contracts by the so-called money managers during the week to March 12, according to Reuters calculations of the data released by the Commodity Futures Trading Commission.
LONDON, March 15- Top executives at Man Group. will receive no bonuses for 2012, a source close to the London- based hedge fund firm said. Full details of the compensation paid to the hedge fund group's senior executives are due to be released when it publishes its annual report next week.