Monthly Archives: November 2005

The Times – THE most authoritative academic study into the burgeoning hedge fund industry has advised individual investors to shun them or minimise their exposure. A group of American economists studied the industry, which they say consists of more than […]

Globe Investor – Last month, some of the sharpest investors on the planet got it wrong with the U.S. dollar. Macro hedge funds invest in stock, bond, commodity and currency markets by monitoring large economic trends. They showed their worst […]

(Reuters) – Pequot Capital Management Inc., a $7 billion hedge fund group, on Thursday said it hired three former Citadel Investment Group portfolio managers to build out equity trading andevent-driven strategies. Westport, Connecticut-based Pequot said the three fund managers, Peter […]

(Bloomberg) — Hedge funds that chase macroeconomic trends by investing in the stock, bond, currency and commodity markets posted their worst returns of the year in October as managers bet wrongly that the U.S. dollar would drop in value. The […]

Johannesburg – Peregrine Holdings, the country’s biggest hedge fund manager, and Investment Solutions Holdings plan to jointly create a fund of hedge funds business. The venture, called Caveo Fund Solutions, would manage R250 million, Jonathan Hertz, the managing director of […]

The chief executive of the world’s biggest hedge fund manager yesterday hit back at critics of the industry, claiming investment banks were far more likely to be guilty of sharp practice. His comments came amid increasing concern from regulators that […]

Toronto — David Wilson, the new chairman of the Ontario Securities Commission, said yesterday that he will target hedge funds for greater regulation, calling them a “new frontier” for securitiesregulators. In his first major speech since taking over as OSC […]

(Reuters) – Billionaire investor Carl Icahn said he plans a proxy fight at Time Warner Inc.’s annual meeting next year to replace “some or all” of the directors and to seek the “ouster” of its chiefexecutive, according to a BusinessWeek […]

(Reuters) – Hedge fund investors may find peace of mind in a new service that reviews how managers work and bestows a seal of approval that could prove popular at a time the $1 trillion industrycopes with a string of […]

(Bloomberg) — Man Group Plc, the world’s largest hedge fund company, gained $1 billion of net new investments in the first half and said fees linked to fund returns jumped. The company also raised 125 million pounds ($214 million) in […]

(Reuters) – The trillion dollar hedge fund industry was aghast on Monday at having to fork out 50 pounds ($87.06) a head for a buffet breakfast briefing on how to do their job correctly withBritain’s Financial Services Authority. “It’s outrageous,” […]

CHARLESTON, W.Va. — Massey Energy Co. on Tuesday announced a plan to buy back $500 million worth of its common shares and to conduct a capital restructuring program that will remove another 6.8 million shares from the company’s earnings calculations. […]