Dozens Of New Hedge Funds Win FSA OK

Nov 17 2010 | 3:35pm ET

In another sign that the hedge fund industry is all but fully recovered from the financial crisis, the U.K. Financial Services Authority authorized more new hedge funds in the third quarter than it had in two years.

The regulator said 28 new hedge funds registered between July and September. All told, 65 new hedge funds have registered in the first three quarters of this year, more than the 60 that registered all of last year.

FSA registration takes an average of six months, meaning most of the new firms have been planned since at least earlier this year. A surge of applications came in the first quarter.

Sixteen of the 28 new registrants were founded by veterans of some of Europe's larger hedge funds, including Brevan Howard Asset Management, Cheyne Capital Management, CQS Management and Odey Asset Management, Financial News reports.


In Depth

High Time For A Cannabis Hedge Fund?

Sep 30 2014 | 7:07am ET

Launching a hedge fund is always a gamble, but Leslie Bocskor's decision to launch...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Appraisal Ratio Key To Evaluating Hedge Funds And Other New Investments

Sep 29 2014 | 3:07pm ET

As a former finance professor Peter Hecht experiences heartburn every time he hears...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

September 2014 Cover

High frequency market making

High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.