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Hedge fund gains 22% in November following dollar bet

Hedge Fund

Dymon Asia Capital (Singapore)’s currency hedge fund gained an estimated 22% in the first 25 days of November as bets on weaker Asian currencies paid off, with some investors making triple that gain by putting money into a highly leveraged version.

Brevan Howard said to beat peers so far this year

Hedge Fund

Billionaire hedge fund manager Alan Howard, who predicted there will be “exceptional opportunities” to make money this year, in February beat peers who were whipsawed by volatile markets, according to two people with knowledge of the matter.

RBS exec said told client about Libor support in 2007

RBS building

A Royal Bank of Scotland executive told a hedge fund client as early as August 2007 that banks were setting Libor rates to support their own trading, according to evidence from a U.K. lawsuit alleging that RBS’s misconduct has yet to be fully exposed.

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Hedge Fund

Hedge fund gains 22% in November following dollar bet

Dymon Asia Capital (Singapore)’s currency hedge fund gained an estimated 22% in the first 25 days of November as bets on weaker Asian currencies paid off, with some investors making triple that gain by putting money into a highly leveraged version.

Hedge Fund

Brevan Howard said to beat peers so far this year

Billionaire hedge fund manager Alan Howard, who predicted there will be “exceptional opportunities” to make money this year, in February beat peers who were whipsawed by volatile markets, according to two people with knowledge of the matter.