40 Keys to Successful Trading from Hedge Fund Managers

Billionaire Nelson Peltz’s Top 5 Dividend Picks

(Seeking Alpha) In 2005,  Nelson Peltz co-founded Trian Fund Management L.P. with Peter W. May and Edward P. Garden. The company currently has some $4 billion in assets under management. Peltz is an activist investor, who serves as a chairman of the board at Wendy’s (WEN) and a director at Legg Mason (LM) and H. J. Heinz Company (HNZ). The fund applies a value-oriented strategy to investments in public equities. According to Forbes, “the hedge fund firm’s flagship long/short equity fund, Trian Partners, returned 7.02% net of fees” in 2011, beating its competition on average. ===> Continue Reading at Seeking Alpha

Ex-Goldman trader in Asia Christopher Mikosh plans credit hedge fund

(Reuters) – Former Goldman Sachs managing director in Hong Kong Christopher Mikosh is preparing to launch a credit hedge fund by the fourth quarter of this year or early 2013, sources said on Thursday, lifting prospects for the $127 billion industry in Asia.

Mikosh, who was a trader within the special situations group of Goldman Sachs in Hong Kong, left the Wall Street bank at the beginning of the year to start his own firm called TOR, said six sources familiar with the plan. ===> Continue Reading at Reuters

Europe Is a Mess But China Is Scarier: Fund Manager

(Yahoo!Finance) There’s certainly a long list of scary things happening in the world right now that are keeping investors on edge and up at night. But for fund manager Scott Mullinix, who co-manages the Nuveen Large Cap Growth Opportunities Fund (FRGWX), China sits at the top of his list.

“The signs that we’re seeing out of China right now are quite negative,” he says in the attached video. While he believes the market understands the regional risks in Europe, the global fallout from just one misstep by China’s relatively new economic planners “would have major ramifications for world GDP.”

While the IMF now says China should be able to pull off a so-called soft landing, it also warns that there are still significant downside risks to the world’s second largest economy. Risks that need only see Chinese growth slip to “4 to 5 percent” from 7.6% currently, Mullinix says, and the impact “would be very bad.” ===> Continue Reading at Yahoo!Finance

China considering rules to allow insurers to boost private equity investment

(Reuters) – China plans to double the amount insurers can invest in private equity and allow them to trade financial derivatives both at home and abroad as part of efforts to broaden their investment scope, according to a set of draft regulations seen by Reuters.

Insurers will be permitted to invest up to 10 percent of their total assets in private equity, compared with 5 percent previously, according to rules drafted by the China Insurance Regulatory Commission (CIRC). That would potentially unleash about $50 billion of fresh capital into unlisted firms. ===> Continue Reading at Reuters

Asia Hedge Funds Focus on Performance as Cash Scarce

(Bloomberg) Ueli Wick, a former Credit Suisse Group AG banker who in June began running his own Singapore hedge fund, says he isn’t bothering to court investors right away. Instead, he wants to focus on performance.

“It’s not that easy to go out with a good story and just raise money like that,” said Wick, 41, who founded Baruna Asset Management Pte with $15 million of his own money and some from family and friends. “People just want to see more proof and tangible numbers because they’ve just been too disappointed with hedge funds and are extremely skeptical. To get big money, I need to deliver first.” ===> Continue Reading at Bloomberg

Reuters: Asia Private Equity Weekly News, July 23, 2012

(Reuters) – News and developments in Asia private equity from Reuters News for the week ending July 20.

JULY 20

U.S. PRIVATE equity fund Carlyle Group has raised about $720 million from the sale of a stake in China’s third-largest insurer, China Pacific Insurance (Group) Co Ltd , a source with direct knowledge of the deal said.

U.S. PRIVATE equity firm TPG Capital is considering partnering with a Hollywood media executive to bid for debt-laden Australian media company Nine Entertainment Co, sources said, in what could be a $3.1 billion buyout.

WARBURG PINCUS, a stakeholder of Titan Petrochemicals Group Ltd, has sued Titan and some of its executives in Hong Kong’s High Court for misrepresentation and breaches of contract.

===> Continue Reading at Reuters

Hedge fund ‘King of Tokyo’ dethroned by insider trading probe

Edward Brogan was Japan’s highest-profile hedge fund manager until he suddenly dropped out of view this month. Dubbed the “King of Tokyo” by traders, the 53-year-old American seemed to have it all: wealth, professional acclaim and status as a patron of contemporary art. In his best year, Brogan had managed over one billion dollars in his flagship Whitney Japan Fund, although much of that has been withdrawn. Now Brogan is at the center of a probe of insider trading. His Tokyo-based firm Japan Advisory has been closed since regulators imposed a fine and revoked its license at the end of June. ===>Continue Reading at NewsOnJapan.com

Asia private equity firms face reputational risks

(The Asset) Asia continues to be among the most active markets globally for private equity. The past year has seen a flurry of successful fund launches from homegrown funds, including Hony Capital and RRJ Capital, through to established managers, such as KKR and the Carlyle Group. The Asia PE industry today also has some of the finance industry’s brightest stars with impeccable credentials.

Yet long-term sustainability of the industry in Asia goes beyond the business of traditional private equity. It’s likely to be influenced by a more sophisticated approach to stakeholder communications, including how fund managers embrace thought leadership, brand positioning and community education. ===> Continue Reading at The Asset

Asia hedge fund teams expand for VAM, GLG

(HedgeWeek) This week VAM Funds, the Luxembourg-based specialist fund manager announced it had expanded its Asian team with the appointment of Paul Bamber as sales manager. Bamber will be responsible for growing VAM’s sales in Hong Kong, China and Japan, which the firm regards as key strategic markets for development in its global distribution plans. The firm reported that business volumes in its funds range had more than doubled over the last 12 months. Bamber will work alongside Linda McLaren who will continue to oversee business development in Singapore, Malaysia, Thailand and Indonesia.

VAM has been operating in Asia for two years and having secured registration from the Monetary Authority of Singapore it is now expecting to receive registration from the Securities and Futures Commission in Hong Kong. Commenting on Bamber’s appointment, Nigel Watson, VAM sales director, said: “With his extensive knowledge of the Asian region, Paul is an important addition to the sales team,” adding that he would help the firm “offer greater levels of support to our business partners”.   ===> Continue Reading at HedgeWeek