hedge funds

RAB Capital has agreed terms over a proposed management buyout as the troubled hedge fund looks to delist from the AIM stock exchange.

Former Gartmore manager Guillaume Rambourg has hired Goldman Sachs' Karim Moussalem to work with him on his new hedge fund venture, according to Financial News.

Former GLG hedge fund manager Jason Mackay has joined digital agency Shout Digital.

Paulson fund loses $500m on Sino stake Veteran hedge fund investor John Paulson has lost $500m through selling his entire holding in Sino Forest, a Chinese forestry company fighting fraud allegations, the FT reports.

Alistair Lumsden, the London hedge fund manager who foresaw the US sub-prime mortgage crash that led to the credit crunch, has warned the US housing crisis begun in 2007 is far from over.

US hedge fund billionaire Raj Rajaratnam has been found guilty of making tens of millions of dollars from insider trading, the BBC reports.

Clive Capital, the world's largest commodity hedge fund, lost $400m following a collapse in the oil price last week, the FT reports.

Matrix Asset Management is unveiling a New Europe UCITS fund in the second quarter for hedge fund manager David Thornton.

Hedge fund guru George Soros has argued the European Financial Stability Facility (EFSF) must take control of Europe's banking system if it is to solve the sovereign debt crisis without causing another banking collapse.

Sabre Fund Management is to launch a Ucits III absolute return fund of equity funds, designed to deliver a target return of 10%-15% per annum.