4.8.2008 - Nau Cap Launches $310M Global Macro Hedge Fund
Newly-formed U.K. hedge fund Nau Capital has launched its first offering with €200 million (US$310 million) from Banco Espirito Santo.

4.8.2008 - Deutsche calls the top of the commodity cycle
Deutsche Bank has called the top of the commodity cycle. The uber-bulls of the oil, food and metals boom have advised clients to take profits before the downturn engulfing most of the global economy works its inevitable effects.

4.8.2008 - MSCI Barra launches Global Currency Indices
MSCI Barra has launched the MSCI Global Currency Indices, which may be licensed for use for portfolio management and benchmarking purposes, and to serve as the basis of structured products and other index-linked investment vehicles such as exchange-traded funds.

4.8.2008 - Hedge funds gloomy on crude oil, CFTC data show
For the first time in 17 months, hedge funds in July made more bets on oil prices falling than rising, according to the latest government data.

6.8.2008 - Is Speculation By Long-Only Index Funds Harmful To Commodity Markets?
This article is unexpurgated testimony before the U.S. House of Representatives Committee on Agriculture.

7.8.2008 - Archer Financial Forms Managed Futures Division
Archer Financial Services, a wholly-owned subsidiary of ADM Investor Services, has formed of Balarie Capital Management to help steer investors’ portfolios into managed futures.

7.8.2008 - MF Global's net slides 80%, but stock up on earnings beat
MF Global, the troubled broker of exchange-traded futures and options, on Thursday said its fiscal first-quarter earnings fell 80% from a year earlier.

7.8.2008 - Q&A: Managed Futures Or Global Macro?
Managed futures funds have been gaining steam among institutional investors in recent years, albeit at a slower pace than hedge funds.

7.8.2008 - Harvard Endowment Aces a Brutal Year
Score another win for the Crimson. With endowments and pension funds struggling in a down market, Harvard University's endowment notched a strong gain for the fiscal year ending in June, up 7% to 9%, according to people familiar with the returns.

8.8.2008 - Hedge funds suffer a painful month in July
The spike in volatility in July caught many funds by surprise as two of their favorite bets - that commodities would rise and financial companies fall - went the wrong way.

11.8.2008 - Conquest Shutters Agricultural Fund
Conquest Capital Group is reportedly shutting down its $76 million Conquest KCM Agricultural Commodities Plus Fund after its sole investor bailed.

11.8.2008 - CFTC's new task force targets 'forex fraudsters'
The Commodity Futures Trading Commission sets up a task force to investigate and file charges related to fraud found in the off-exchange retail foreign-exchange markets.

11.8.2008 - Meriwether Vets Found Global Macro Shop
A pair of John Meriwether protégés are going into business for themselves. David Ko, the quantum physicist-turned-hedge fund trader, and Stephen Cain have set up Kurtosis Capital Partners in London. The firm aims to raise between $100 million and $250 million for the launch of a global macro volatility hedge fund, The Wall Street Journal reports.

12.8.2008 - John W. Henry, Altis, Man Funds Slide in July Commodities Rout
John W. Henry & Co., the investment firm run by the Boston Red Sox baseball team's owner, is among hedge funds that suffered their worst drops in almost 18 months in July as oil and other commodities retreated from records.

13.8.2008 - Pickens Commodity Fund Falls 35% On Oil Declines
T. Boone Pickens has been all over television lately plugging his alternative energy plans, while the legendary oilman’s commodity hedge fund has been battered in the energy markets.

13.8.2008 - Winners, Losers In Volatile Commodities Market
The declining commodities markets took hedge funds on another roller coaster ride in July.

13.8.2008 - Fusion Launches Global Macro Hedge Fund
New York-based Fusion Investments has launched the Gryphon Investment Fund, a global macro strategy, to look for opportunities in equities, currencies and fixed-income markets.

14.8.2008 - CME Reassures Nymex Members on Tax Liability
CME made a new push to address Nymex members' fears they will face a painful tax hit if CME completes its planned $8 billion acquisition of the New York energy exchange's parent.

14.8.2008 - Phoenix Firm Launches Carbon-Trading Hedge Fund
Phoenix, Ariz.-based Gressel Advisors is jumping into the cleantech fray with the launch of its Universal Carbon Fund. However, pastures are not so green for the four-month old, $5.6 million hedge fund. The vehicle has dropped 30.55% through July.

18.8.2008 - CME snags a big prize as NYMEX deal approved
CME Group Inc's stranglehold on the U.S. futures market grew tighter on Monday with the approval of its $7.7 billion purchase of energy and metals trading market NYMEX Holdings Inc.

18.8.2008 - Brevan Howard Now Biggest Hedge Fund Manager In Europe
The biggest hedge funds in Europe are getting bigger, according to a new analysis.

19.8.2008 - Ex-hedge fund manager ordered to pay $300 million
A former hedge fund manager was ordered to pay nearly $300 million for having cheated clients by sending out fake account statements, the Commodity Futures Trading Commission ...

19.8.2008 - Commodities Helping Hedge Funds
The commodities markets are providing opportunities for hedge fund managers, says Renee Haugerud, principal of Galtere Limited.

19.8.2008 - CME Completes NYMEX Purchase
CME Group has completed its $7.7 billion purchase of NYMEX, and the group's CEO, Craig Donohue, and chairan, Terry Duff, discuss the deal.

19.8.2008 - Meteor offers 130% participation in eight commodities
Meteor has launched its seventh Galaxy Protected Commodities product offering 130% participation with ...

19.8.2008 - Winton managed futures fund returns 23.5pc
Trading in futures while banking successfully on the trends of the market downturn, the Winton Global Alpha Fund has rewarded investors with a hefty 23.5 per cent in returns ...

21.8.2008 - India's first currency futures
NSE currency futures will start trading August 29. The announcement was welcomed by market players because the contract will make it easier for them to interact in the ...

21.8.2008 - SkyBridge Seeds Global Macro Shop
Hedge fund seeder SkyBridge Capital has made its first investment from its second fund.

26.8.2008 - Nordic Commodity, ECM Post Top Power Hedge-Fund Gains
Energy Capital Management and Nordic Commodity Funds AB's hedge funds are outperforming the competition in European energy markets, where power prices fell as much as 17 percent last month from a record.

28.8.2008 - CFTC inspector starts probe into oil report: paper
The Inspector General for the U.S. commodity-futures regulator has officially begun an investigation into an inter-agency report on commodity markets, the Wall Street Journal said citing a person close to the matter.