News

The Australian parliament on Monday again delayed a vote on Prime Minister Kevin Rudd’s carbon trade plan, putting the future of his climate change policy in doubt and sparking talk of a snap election.

Chinese Premier Wen Jiabao will bring something with him when he attends the climate summit in Copenhagen next month – his country’s first firm target to cut greenhouse gas emissions.

Paolo PellegriniPaolo Pellegrini can’t begin soliciting money from his former investors at Paulson & Co. until January. And when he does, he’ll have quite a story to tell.

Pellegrini’s new hedge fund, PSQR Management, is up 175.5% since it began trading in April 2008, according to the firm’s first quarterly report. The fund is up 80.84% this year following a 0.31% drop in September, and rose 52.36% in 2008.

Ari Kiev, who in recent years built a reputation as a psychiatrist and trading coach to the hedge fund community, has died.

Occam Asset Management is preparing an Asia UCITS III-compliant hedge fund.

Hedge fund advisory firm the Hennessee Group believes the equity markets are likely to continue their momentum and lead to additional gains for investors during the month of December. 

Neuberger Berman Group is ramping up its hedge fund investments in Asia, and may seed new managers in the region for the first time.

JPMorgan Chase has launched a series of alternative beta indices, with plans for a fund based on them for next year.

Now that it’s gone public and acquired an investment bank in one fell swoop, Cowen Group—the former Ramius Capital—is looking to grow.

By Alternative Latin Investor -- The combination of pro-renewable energy legislation, economic stability and industrial demand are fuelling a vibrant wind power sector in Chile.  

The Latin American nation has limited indigenous energy resources, with the exception of hydropower. As a result, the country must import the bulk of its energy needs.