|
News
Managers look for
long-term clients
Wealth Bulletin - Jan 11,
2010
http://www.wealth-bulletin.com/wealth-business/asset-managers/content/1056226855/
However, Jacob Schmidt,
chief executive of Schmidt Research Partners, who advises
investors on hedge fund selection, said: “Fees are part of the
equation, ...
Cadbury investors may
have to take whatever Kraft offers
13 November 2009 (MarketWatch)
"It's obviously a good
trade if Kraft raises its bid and the deal goes through at 760 -
800 pence," said Jacob Schmidt, chief executive of investment
...
http://www.marketwatch.com/story/cadbury-investors-may-have-to-take-whatever-kraft-offers-2009-11-13
Schmidt Says K1
Investigation `Embarrassing' for Germany:
Video ...
29 October 2009 (Bloomberg)
-- - Jacob Schmidt, chief executive officer of Schmidt Research
Partners Ltd., talks with Bloomberg's Mark Barton about the
international investigation into German hedge fund K1 Group.
Police and prosecutors yesterday raided the home of the
company's founder, Helmut Kiener, as part of a joint German-U.S.
probe.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a22Pn21Z6ZfY
Mastering Bubbles & Crashes Wed. Oct. 28 2009
On the 80th anniversary of the Wall Street Crash of 1929 (Black
Monday): “Speculation is always bad, and speculation usually
leads to some kind of bubble, and bubbles tend to burst," Jacob
Schmidt, CEO of Schmidt Research Partners, told CNBC Wednesday.
There is a “mini bubble and mini crash” every 5 years, he added,
saying that policy makers and market participants “are getting
better at mastering it.”
Nach Finanzkrise: Hedge-Fonds gehen Gebühren flöten
Financial Times Deutschland -
Oct 14, 2009
Jacob Schmidt, Chef der Londoner Beratungsfirma Schmidt Research
Partners, meint, dass einige Fondsmanager Jahre brauchen würden,
um die Verluste ...
Rating Update
Schmidt Rating publishes
rating update on Gottex MN Plus
Sep 17, 2009
Schmidt Research Partners publishes today its Rating Update on
Gottex MN Plus, one of Gottex fund management’s flagship funds.
It confirmed the AA rating first awarded in 2007. Says Jacob H
Schmidt, CEO and director of ratings: “While MN Plus suffered a
drawdown in 2008 like most other investment products, it
survived the crisis much better than its peers and has performed
well over the last few months. According to our analysis, which
is based on our assessment of firm, fund and performance / risk,
Gottex MN Plus is a solid investment proposition.”
Dach-Hedgefonds in Genf verzeichnen massive Kapitalabflüsse
Boerse-express.com - Sep 8, 2009
“Genf muss sich neu erfinden”,
sagt Jacob Schmidt, Leiter von Schmidt Research Partners Ltd.,
einer Beratungsfirma für Hedgefonds-Anlagen in London. ...
Geneva Funds of Hedge Funds Outflows Outpace Global Redemptions
Bloomberg - Warren Giles - Sep 7, 2009
“Geneva has to reinvent
itself,” said Jacob Schmidt, chief executive officer of Schmidt
Research Partners Ltd., a London-based hedge fund advisory firm.
...
Thurs. Aug. 27
2009 | 09 18
00[02:52]
European stocks
closed slightly
lower Thursday
after a volatile
session with low
volumes. Jacob
Schmidt, CEO of
Schmidt Research
Partners, c...
Geneva Funds of Funds Slump as Banks Struggle to Nullify Madoff
Bloomberg - Warren Giles -
Jul 23, 2009 ... to risk-averse wealthy clients, said Jacob
Schmidt, chief executive officer of Schmidt Research Partners
Ltd., a London-based hedge fund advisory firm. ...
Madoff macht Genfer Dachfonds zu schaffen foonds.com - Jul 23,
2009
... Dachfonds jedoch kaum
die Rettung bringen, befürchtet Jacob Schmidt, Vorstandschef des
Hedegefondsberaters Schmidt Research Partners Ltd. in London.
...
FTD: Hedge-Fonds hoffen auf die Trendwende Finanztreff - Jul 5,
2009
... Zuflüsse in Hedge-Fonds,
aber vor allem in die liquiden Strategien", sagt Jacob Schmidt,
Chef der Londoner Beratungsfirma Schmidt Research Partners. ...
TCI steigt in Rabattschlacht ein
Financial Times Deutschland
- Jun 25, 2009
"Der Wilde Westen ist
passé", sagt Jacob Schmidt, Chef der Londoner Beratungsfirma
Schmidt Research Partners. Er erwartet, dass es vor allem Fonds
wie TCI ...
Schmidt Sees End to `Vicious' Hedge-Fund Redemptions: Video
Bloomberg June 19, 2009
Jacob Schmidt, chief
executive officer of Schmidt Research Partners Ltd ...
Lupoff, Ex-Millennium Manager, to Start Distressed Hedge Fund
Bloomberg - Tom Cahill -
Jun 19, 2009
Some investors are
redeploying capital instead of pulling it away, said Jacob
Schmidt, chief executive officer of Schmidt Research Partners
Ltd., ...
Brevan Howard Said to Spin Off Traders to New Funds
Bloomberg - Jun 10, 2009
... more diversified and
stable,” said Jacob Schmidt, chief executive officer of Schmidt
Research Partners Ltd., a London-based hedge-fund advisory firm.
...
Man Group Assets Under Management Drop in April-May
Bloomberg - May 28, 2009
“This is a pure reflection of what is
happening in the hedge fund industry,” Jacob Schmidt, chief
executive officer of Schmidt Research Partners Ltd., said ...
UBP Seeks Clients’ ‘Trust’ in First New Fund Since Madoff
Bloomberg - May 14, 2009
“It’s never a bad moment to go back to the
drawing board and identify what went wrong,” said Jacob Schmidt,
CEO of Schmidt Research Partners Ltd., a ... - 2009-05-14
Hedge fund industry sceptical about fraud office plans
Wealth Bulletin - May 22, 2009 Jacob Schmidt, founder of
London hedge fund consultants Schmidt Research Partners,
welcomed the SFO's plans to uncover fraud early, but he warned:
"If it is ...
Hedge-Fonds lassen Obama hängen
Financial Times Deutschland
- 14.05.2009 Hedge-Fonds zu kritisieren sei populistisch, sagt
Jacob Schmidt, Chef der gleichnamigen Londoner Beratungsfirma.
"Die Fonds haben nicht mehr viel Lust, ...
How to spot a naive fund manager
CityWire.co.uk - Mar 31,
2009 Jacob Schmidt, director of Schmidt Research Partners, said
one of the keys to filtering out naïve fund managers is finding
those who can prove their ideas ...
Hedge-Fonds Privatanleger im Visier
Börse Online - 24.03.2009
"Wenn die bisherigen Investoren nicht mehr so viel Geld haben,
muss ich mir als Hedge-Fonds etwas überlegen", sagt Jacob
Schmidt, Chef des Londoner ...
Bloomberg - Mar 20, 2009
Weavering to Liquidate Largest Fund Amid Swap Probe
Tues. Mar. 17 2009
UK's Brown Admits Should Have Done More
UK Prime Minister Gordon
Brown took full responsibility for his part in the banking
failures that produced the credit crunch. Jacob Schmidt, CEO of
Schmidt Research Partners considers whether Brown was solely
responsible for the financial crisis in the UK.
Tues. Mar. 17 2009
Lord Myners Faces TSC Over RBS Pension
The debate over former RBS
CEO Sir Fred Goodwin's pension continues as City Minister Lord
Myners testifies before the Treasury Select Committee Tuesday.
Tony Manwaring from Tomorrow's Company and Jacob Schmidt from
Schmidt Research Partners discuss.
06
March 2009
Hedge-Fonds helfen US-Regierung
Financial Times Deutschland
- Feb 24, 2009
"Hedge-Fonds sind nicht die Caritas. Sie wollen
billig kaufen", warnt Jacob Schmidt, Gründer der gleichnamigen
Londoner Beratungsfirma. ...
The charmed life of Arpad Busson
Business
Mirror, Philippines - 13 Jan 2009
... and no added value, then the business
is kaput,” says Jacob Schmidt, founder of Schmidt
Research Partners Ltd., a London-based hedge fund
advisory firm. ...
The magazine rack
Kansas City Star, MO -
12 Jan 2009
Nonetheless, Jacob Schmidt of a London
hedge fund advisory firm tells the magazine, “We are going to
see a lot of consolidation, and a lot of funds are ..
Burning hedges blow smoke on Busson
The
Australian, Australia - 9 Jan 2009
... no performance and no added value,
then the business is kaput," says Jacob Schmidt, founder
of Schmidt Research Partners, a London hedge fund
adviser. ...
17 Dec 2008 (Bloomberg)
Schmidt Sees More Transparency Following Madoff Scheme:
Video
Jacob
Schmidt, chief executive officer of Schmidt
Research Partners
Ltd., talks with Bloomberg's Lori Rothman about the failure of
regulators ...
Hedge Funds Under Pressure After Madoff Scam
CNBC, 16 Dec
2008
Pressure on
regulators is increasing after reports the SEC received multiple
warnings of a possible "Ponzi" scheme ahead of Madoff's
alleged...
Bloomberg
Bloomberg -
15 Dec 2008
Bloomberg Live Interview with Jacob Schmidt
on the outlook for the hedge fund industry in the aftermath of
the Madoff fraud, suspensions, gates and the poor performance of
the industry.
Jabre Cuts Back, Lays Off Nine, as Convertibles Market Declines
Bloomberg -
31 Oct 2008
``Whoever is in convertible bonds is not having
a good time,'' said Jacob Schmidt, founder of Schmidt
Research Partners Ltd., a London-based hedge fund ...
Buyout, Hedge Funds Are Next Dominos: Matthew Lynn
Bloomberg -
21 Oct 2008
... lot of funds are going to close
down,'' says Jacob Schmidt, chief executive officer of
London-based hedge-fund advisory firm Schmidt
Research Partners. ...
London turns against hedge funds in hunt for culprit
ArabianBusiness.com, United
Arab Emirates - 4 Oct 2008
"People are upset at the swift change of
sentiment," said Jacob Schmidt, CEO of London-based
hedge fund adviser Schmidt Research Partners. ...
Citadel, TPG-Axon Stumble Toward Worst Year in Hedge-Fund
Swoon
Bloomberg -
26 Sep 2008
``We're going to see a lot of wake-up calls,''
said Jacob Schmidt, founder of London-based Schmidt
Research Partners Ltd., which advises hedge funds.
...
Market is Range Trading
CNBC Europe, Thurs. Sept. 25 2008 "I think the market is neither
cheap, nor expensive, I think it's range trading. Stay in cash,
is a good solution. Whether you want to be in...
London Turns Against Hedge Funds in Hunt for Culprit
(Update1)
Bloomberg -
25 Sep 2008
... are upset at the swift change of
sentiment,'' said Jacob Schmidt, chief executive officer
of London-based hedge fund adviser Schmidt Research
Partners. ...
Short sellers 'not to blame' for UK bank falls
Financial News, UK -
24 Sep 2008
Jacob Schmidt, chief executive of
independent hedge fund research firm Schmidt
Research Partners, said: "The numbers are extremely low.
...
Ospraie Management s'effondre tandis que Paulson & Co fait
fortune
Le Monde, France -
22 Sep 2008
A Londres, Jacob Schmidt, de la société
d'études Schmidt Research Partners, est tout aussi
sanguin. Certes, reconnaît-il, le patron d'Ospraie est "un homme
...
UPDATE:FOCUS: Shorts Ban Won't Stop Hedge Fund Bets On Falls
CNNMoney.com -
19 Sep 2008
... view on stocks - and the regulator is
always two steps behind," said Jacob Schmidt , chief
executive of investment consultant Schmidt Research
Partners. ...
RAB Faces Rub And Pares Fees
Wall Street Journal -
10 Sep 2008
"Whatever way you look at this, it's bad news,"
said Jacob Schmidt, who follows RAB at Schmidt
Research Partners. The stock might have been buoyed Wednesday
...
Will the credit agencies tackle these questions? Financial
Times May 23 2008
....The problem with CPDO
(constant proportion debt obligation) ratings is not a computer
glitch but a lack of common sense: while the credit risk of
triple A-rated credit (even if geared by up to 20 times) remains
top, one introduces a series of other risks via the structure
(as we have witnessed and learned the hard way in the meantime):
leverage, liquidity, price and correlation risks. Several
questions need to be addressed: .....
Managers’ future looks less bright Financial News, UK - 18
May 2008
Jacob Schmidt, chief executive of independent hedge fund
research firm Schmidt Research Partners, said: “Performance has
been poor. ...
Should You 'Sell in
May' in Europe? CNBC, NJ - 5 May 2008
... long as investors
remember "these are bear market rallies," Jacob Schmidt, of
hedge fund advisory company Schmidt Research Partners, told CNBC
Europe.
Former UBS Chief Lobbies for Big Change
April 4, 2008 | Source: CNBC.com
A breakup of Swiss bank
UBS would not be possible at the moment but it should be
thoroughly restructured to bring it back on course, Luqman
Arnold, chairman of investment company Olivant and former
president of UBS, told CNBC Europe.
http://www.cnbc.com/id/15840232?video=702187992&play=1
Understanding Hedge Funds - Hong Kong
07 -
08 April 2008
Performance Measurement of Hedge Funds - New York
02 -
03 April 2008
Credit Derivatives and Hedge Funds - New York
31
March 2008 - 01 April 2008
Managing Hedge Fund Risk
18 and 19 March
2008
This 2-day course addressing a topic that gains importance with
every passing year: how to measure and manage hedge fund risk.
Credit crisis claims more victims
10 March 2008
Financial News Online US: Jacob Schmidt, chief executive of UK
investment consultant Schmidt Research Partners, said: “The
question is, how much pain can people take? ...
Hedge Fund Strategies
26 and 27 Feb
2008
This course examines in detail the principal hedge fund and
proprietary trading strategies that drive the need for
securities financing, combining an academic approach with real
life illustrations from hedge fund managers themselves.
January 2, 2008: CNN
CNN: 2 Jan 2008 6:20 - 6:30 GMT / 7:20-7:30 CET
2008 Outlook
and Strategy
December 2007:
Season's
Greetings, Happy Holidays and a Successful 2008 from Schmidt
Research Partners
December 20, 2007:
Singapore to Help Out Merrill?
CNN: 21 Dec
2007 6:20 - 6:30 GMT / 7:20-7:30 CET
December 4, 2007: CNBC
Europe
Jacob H Schmidt
on CNBC Europe's Investor Clinic 11:15 - 11:45 GMT / 12:15-12:45
CET
November 7, 2007:
Financial News
Fund assessors get ready for growth
Financial
News Online US, UK - 7 Nov 2007 Jacob Schmidt, the founder of
the service, left amicably last year to set up Schmidt Research
Partners. Schmidt Research Partners gave its first rating, for
fund of hedge funds manager ...
http://www.financialnews-us.com/
October 31, 2007:
New Ratings for Signet Funds by Schmidt Rating
New Ratings for Signet funds GFI, GFI 2, GFIS &
Emerging Opportunities by
Schmidt Rating on
www.schmidt-rating.com
October 31, 2007:
Private Equity & Hedge Funds Middle East
Highly Rated: Susi Schmidt on hedge fund rating
http://www.cpifinancial.net/cpifn/inside_restricted.aspx?cid=1229&cat=PEVCME&in=19
October 16, 2007: Dow
Jones Newswire / WSJ
DJ Brevan Howard Hedge Fund Gets Moody''s 1st European Rating
Other
ratings providers including Morningstar and new entrant
Schmidt Rating are also rushing to put their stamp on hedge
funds as institutional investors ...
http://66.102.9.104/search?q=cache:PNtef6b9g3cJ:www.intesatrade.it/intesa/News/DettaglioNotizieOggi%26idNot%3D842122+schmidt-rating&hl=en&ct=clnk&cd=5
October 11, 2007:
THE WALL STREET JOURNAL
Hedge Funds From Europe Take a Crack at
Self-Policing
By ALISTAIR MACDONALD and DEBORAH SOLOMON October
11, 2007; Page C1
http://online.wsj.com/article/SB119204409633754946.html?mod=googlenews_wsj
Attempting to head off calls for greater
regulation, a group of Europe's largest hedge-fund managers
yesterday proposed ways to make the secretive industry more
transparent.
....
Over time, the code will be viewed as part of a larger effort by
the industry "saying to the wider world, hedge funds are serious
asset-management businesses, not cowboys," said Jacob Schmidt,
chief executive of hedge-fund research firm Schmidt Research
Partners.
Sep 26, 2007:
New Ratings for Gottex Funds by Schmidt Rating
New Ratings for Gottex funds MN Plus, Portable Alpha & Tiger by
Schmidt Rating on
www.schmidt-rating.com
Sep 21, 2007:
Schmidt Rating launches public hedge fund rating
Schmidt Research Partners Ltd, the global advisory and research
firm, announced today the launch of Schmidt Rating. Schmidt
Rating will provide public fund and hedge fund ratings – based
on qualitative, quantitative and structural analysis.
The new rating follows Schmidt’s Three Pillar Approach, a
holistic analysis developed over the last two years, which
assesses each pillar (representing qualitative, quantitative and
performance aspects) separately and awards an A if appropriate.
The final rating of a fund is the sum of all three parts (A to
AAA Rating). This allows funds, investors and other interested
parties to understand why a fund has a high or low rating and
where the fund’s strengths and weaknesses are. In addition the
forward looking analysis focuses on the current status as well
as leading indicators, such as alpha potential of a strategy,
market info - forecasts of spreads, margins or ratios and the
firm’s potential and risks.
Sep 19, 2007:
GAM hopes for
change after August blows
William
Hutchings
www.financialnews-us.com
20 Sep 2007
The
disappointing hedge fund results of last month may trigger a
much needed change in the industry, according to David Smith,
chief investment director of GAM, the fourth-largest fund of
hedge funds manager in the world.
...
Jacob Schmidt, chief executive of Schmidt Research Partners, an
investment advisory and research firm, said: “GAM is very
transparent. In the hedge fund industry, that is a different way
of doing business – a 21st century way.”
http://www.financialnews-us.com/?page=ushome&contentid=2448755194
July 5, 2007:
Estimates vary, but assuming any CDO
issued since early 2005 is suspect (FT, June 29, 2007) ..Perhaps
you could need independent expert advice at this difficult point
in time?
July 4, 2007:
Jacob
H Schmidt on Private Equity and the KKR IPO (CNN, World Business
Today with Charles Hodson, 7:30 pm BST, 8:30 pm CET)
Jacob
H Schmidt on the KKR IPO (CNBC Europe World Wide Exchange 10:50
BST / 11:50 CET)
June 28, 2007:
Ivy believes staff pruning will put it back on
top - William Hutchings - Financial News
The asset manager was last year hit by
Amaranth Advisors’ $6.5bn loss but used the collapse to review
its team
http://www.financialnews-us.com/?page=ushome&contentid=2348106262#2448140125
June 25, 2007:
Blackstone's IPO U.S.
private equity giant Blackstone saw shares rise over 13% on
Friday, as it raised $4.1 billion on its debut in New York.
Jacob Schmidt, CEO of Schmidt Research Partners, has analysis
with CNBC's Stephen Sedgwick.
http://www.cnbc.com/id/15840232?video=395341561
June 22, 2007:
Jabre Outwits London
Censurers With Geneva's Hot New Hedge Fund
By Stephanie Baker-Said and Elisa Martinuzzi,
June 22 (Bloomberg)
http://bloomberg.com/apps/news?pid=20601109&sid=a.cK5w3GUwK4&refer=home
June 22, 2007:
Schmidt on Change.ch
5 Fragen an den
international anerkannten Finanzexperten Wir sind im 5. Jahr
der globalen Aktienhausse und es ist absehbar, dass die Rally
langsam an Kraft verliert. Als Firma sind wir grundsätzlich
konstruktiv bezüglich Aktieninvestments, aber..
http://change.ch/pages/AKTUELLES/Interviews/?a=site;id=953
June 7, 2007:
Hedge-Fonds zürnen Banken
Financial Times
Deutschland - 7. Juni 2007
Die Problematik trifft grundsätzlich auf den
Kreditderivatemarkt zu", sagte Jacob Schmidt, Chef der
gleichnamigen Londoner Hedge-Fonds-Beratungsfirma, ...
http://www.ftd.de/unternehmen/finanzdienstleister/:Hedge%20Fonds%20Banken/210308.html
June 4, 2007:
Hedge fund activism works
– for now
Hedge fund activism
generates big returns for shareholders – but these returns are
falling as more funds chase fewer attractive targets, according
to the most comprehensive academic study yet produced. In
Europe, high returns are possible given the relative rarity of
direct hedge fund intervention. Jacob Schmidt, an investment
consultant specialising in hedge funds, said: “Shareholder
activism is on the way up and more and more managers are looking
at it as a way to improve returns. Many shareholders are
unwilling to appear as agitating and are glad to see others
doing it.....
http://www.financialnews-us.com/?page=ushome&contentid=2447942763
May 22, 2007:
Jacob Schmidt guest
host on CNBC's Investor Clinic.
http://www.cnbc.com/id/15840232?video=336948899
May 18, 2007:
Jacob Schmidt on hedge fund
regulation. Jacob H Schmidt on CNBC Europe Video on demand /
watch free of charge today 18 May 2007
http://www.cnbc.com/id/15840232?video=317580932
May 18, 2007:
Jacob Schmidt on Bloomberg
UK on the the proposed voluntary code of conduct for hedge funds.
March 28, 2007:
Bad month for markets makes
funds look good Financial News Online US, UK Jacob Schmidt said
February’s performance was not good enough: “Being up 1% or 2%
in a market ...
http://www.financialnews-us.com/?page=ushome&contentid=2447457004
March 6, 2007:
Bloomberg: Brevan Howard May Miss
EU1 Billion Goal for Fund IPO
By Elisa Martinuzzi and Andrei
Postelnicu
March 6 (Bloomberg) -- Brevan
Howard Asset Management LLP may fall short of the 1 billion
euros ($1.3 billion) of new money it's seeking in the initial
public offering of a hedge fund, said two people with knowledge
of the transaction.....
http://www.bloomberg.com/apps/news?pid=20601087&sid=aY9OzLRx7ATQ&refer=home
March 6, 2007:
Market Correction,
Volatility and Opportunities for Hedge Funds
CNBC Interview of Jacob H
Schmidt with Louisa Bojasen
February 21, 2007
ABN Should Be Broken Up, UK's TCI Fund Urges Board (Update3)
Bloomberg -
Feb 21, 2007
``TCI's actions show that there are no more
taboos regarding shareholder rights and activism,'' said
Jacob Schmidt, founder of London-based hedge fund
...
February 9, 2007
Fortress IPO
to List on NYSE The first hedge fund and private equity company
to go public in the U.S. will make its market debut today.
Fortress Investment Group, has priced its IPO at the top of the
range amid strong demand. Jacob Schmidt, Director, Schmidt
Research Partners, speaks to CNBC's Geoff Cutmore about what
this means for the hedge fund industry.
http://www.cnbc.com/id/15840232?video=178649247
Jacob H
Schmidt on Bloomberg discussing the G7 Meeting in Essen and
Hedge Fund Regulation.
www.bloomberg.com
February 9, 2007
«George Soros war einfach nur clever»
Interview in German language.
February 3, 2007
February 3, 2007
Why hedge funds can be a cut above
Times Online, UK -
Feb 2, 2007
Jacob
Schmidt, whose Schmidt Research Partners researches
and rates hedge funds, says this means that even people with
relatively large sums of money to ...
February 2, 2007
Vintage hedge funds may have lost their sparkle
By William Hutchings,
Financial News Online 02 Feb 2007
Firms have fought against fee reductions Spending £2,500
(€3,800) on a bottle of 1982 Château Petrus or a case of 1978
Taittinger is likely to impress your dinner guests but may not
please your bank manager or your palate, at least not as much as
you might hope. A bottle of one of these once-fabulous vintages
may, as some have discovered, be past its prime.
The same may
be said of some of the world’s most expensive hedge funds. Of a
sample of funds that investors identified to Financial News as
charging higher than standard management or performance fees,
net returns for last year ranged from 1% to 34%.
Jacob
Schmidt, founder of investment consultant Schmidt Research
Partners, warned against judging managers on 11 or 12 months’
performance but said: “Not all managers who charge high fees are
good managers; some were in the past, others never were but
convinced investors they were superior. Some are top notch, such
as SAC Capital and Renaissance Technologies.”
January 10,
2007
Hedge Funds to Tap the Public
Two More Firms Plan Listing on
Exchange; 'Permanent Capital'
By ALISTAIR MACDONALD, Wall Street
Journal Europe
January 10, 2007; Page C2
Two large
hedge-fund firms, Brevan Howard Asset Management LLP and Polygon
Investment Partners LLP, plan to raise money by listing funds on
public markets, people familiar with the matter said. They would
be the latest examples of these once-secretive firms' opening to
a wider shareholder base -- including average investors -- a
trend that is expected to accelerate this year.
It has had an
average yearly return of 10.4% since it launched in 2003,
according to Schmidt Research Partners Ltd.
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