Renminbi Denominated Hedge Funds

If setting up a hedge fund were easy, more people would do it: bar inheritance or winning the lottery, there are few swifter paths to immense riches. Sadly for aspiring plutocrats, it is getting ever harder to launch a fund. Swaggering financiers once joked that launching with less than $1 billion of outside money to invest was hardly worth their time. Debuts that splashy are now notable only for their scarcity. A new fund typically opens with $50m-100m in assets under management.

Investors are always eager to hear what top hedge fund managers have to say about the current market environment. Some will get their chance on Thursday, April 18, when Introduction Capital hosts the 3rd Canadian Alternative Investment Forum at the St. Andrew’s Club in Toronto.

At first glance, the explosion of credit in China last month is good news for the world’s second-largest economy, which has been struggling to recover from the impact of the European debt crisis and a downturn in the U.S.   New loans and other forms of financing jumped to 2.54 trillion yuan in January, more than double the previous year’s 955.9 billion yuan, and well ahead of December’s 1.63 trillion yuan, government data released this month shows.  

The recent rash of insider trading cases may be a shock to some on Wall Street, but not to one long-time market player: Bernie Madoff.

By Jeff Gonion:Hedge Funds- the investment vehicle of the high net worth investor and uber-rich alike, with investments decisions determined by Wall Street wizards and super-computers. No wonder why the rich keep getting richer. Ahhh, the fantasy of being the "smart money".

Peter Wallison of the American Enterprise Institute accuses the Consumer Financial Protection Agency of being a liberal plot to restrict good financial products to sophisticated elites. Mike at Rortybomb does a point-by-point takedown complete with actual data, so I can stick to the high level (not to be confused with the high road).

As if there's not already enough reasons not to invest in the United States, Bernard Madoff's Ponzi scheme provides a powerful disincentive. Many of the victims of what Madoff himself estimated to be a $50 billion scam were prominent foreign institutions and investors, and they are angry.

Ganaxi Small Cap Movers submits:Blackrock Inc. (BLK), with $3.648 trillion assets under management as of March 31, is the world’s largest and most prominent asset manager.