This is subject to certain conditions, including that Category-III alternative investment funds (AIFs) or hedge funds should not invest more than 10 percent of the investible funds in one underlying commodity.
Avendus Absolute Return -- the new equity long/short (hedge fund) AIF venture of Avendus Capital -- is awaiting capital market regulator Sebi's approval and is targeting to raise Rs 500 crore.
Tax pass-through for hedge funds or Category III alternate investment funds (AIFs) being considered; government examining recommendations of Narayana Murthy panel on AIFs
Mutual funds are a solid investment vehicle but like all good things in life, they come at a cost.
The Hayman Capital Management founder and managing partner told CNBC's "Power Lunch" on Friday that Chinese banks have grown too large compared to the country's GDP.
The strategy is a sign of Teva's commitment to its USD 40 billion bid for Mylan, as the latter presses on with its own USD 34 billion hostile bid for over-the-counter drug company Perrigo Company Plc.
In February, the data shows a slight improvement with hedge funds taking in $7.2 billion in new money, marking the strongest inflows in the past six months. But the rebound was eclipsed by January's $11.2 billion in outflows, the researchers said.
A host of positive and negative shocks â€” bold new leaders, potential wars, drops in currencies and commodity prices â€” have led to huge disparities in investment returns.
EPFR data shows India has seen outflows of around USD 192 million last week, which is a little different from the Sebi data. According to Rishav Dev of Quant Capital, this difference is because EPFR does not cover hedge fund data and prop desk data.
Portfolio managers at large hedge funds should also be grinning right now, given that average salaries have reached USD 2.2 million, the 2014 Glocap Hedge Fund Compensation report, released Thursday found.
Hedge fund manager David Tawil said that, after living through the collapse of Lehman Brothers, many on Wall Street are now well-versed in telling a real financial crisis from one that is more of the smoke and mirrors variety and much more easily fixed.
Hedge fund billionaire Carl Icahn told Reuters on Tuesday that he believes Apple has the ability to do a USD 150 billion buyback now by borrowing funds at 3 percent.
Japanese company Sony Corporation rejected a proposal from Daniel Loeb to spin off a part of the electronics company's entertainment business.
A federal appeals court on Monday upheld the insider conviction of Galleon Group hedge fund founder Raj Rajaratnam. The 2nd US Circuit Court of Appeals in New York rejected Rajaratnam's arguments that wiretap evidence in his case should have been suppressed, and that jury instructions on the use of inside information were inadequate.
Hong Kong-based Richland Capital Management Ltd is shutting down its hedge fund operation, Chief Investment Officer Alex Au told Reuters on Tuesday, a major blow to an industry struggling to raise assets and turn a profit for investors in Asia.
Hedge fund billionaire John Paulson's best-known fund is down 2.4 percent in April, largely due to the sharp selloff in gold, a source familiar with the numbers said on Thursday.
Hedge fund and derivative investors are taking on more risk as aggressive monetary easing and an improving economy boost demand for higher-yielding securities, a Federal Reserve survey showed on Thursday.
A younger brother of Raj Rajaratnam was charged with insider trading on Thursday, nearly two years after the founder of the Galleon Group hedge fund was convicted of that crime.
Gold tumbled nearly 3 percent on Wednesday to its lowest since July after minutes of the Federal Reserve's meeting last month showed it may have to slow or stop buying assets before a pick-up in the job market.
Hedge-fund star manager David Einhorn was arguably Apple Inc's biggest cheerleader on Wall Street with a stake worth about USD 600 million and an oft-cited prediction that the company's market value would hit USD 1 trillion some day.
Modern investment methods have roots going back hundreds, sometimes thousands, of years.
The blows keep coming for hedge fund manager John Paulson, with Citi Private Bank deciding it will withdraw USD 410 million from his Paulson & Co hedge fund, according to people familiar with the decision.
UK-based hedge fund TCI, which has alleged violation of international treaties related to its investments in Coal India, today said it was "no closer" to resolving the issues with the Indian government and could end up in arbitration.
SEBI's board has approved the alternate investment fund regulations that regulate the venture capital, private equity and hedge fund industry. CNBC-TV18's Payaswini Upadhyay says the new regulations seem to have taken into account several suggestions that the industry had made.
Some of the best-known hedge fund managers have offered lots of excuses for underperforming the major stock market indexes last year, with many large funds posting double-digit losses.