Monthly Archives: January 2006
Frat VP Plans to Start a Hedge Fund
CU Columbia Spectator – While other juniors are frantic to hear back about summer internships at big investment firms, Lightcap is relaxed. He’s already got his. Lightcap, class treasurer and vice president of Pi Kappa Alpha, has worked in the […]
SEC to put Hedge Funds under the Spotlight
MSN MoneyCentral – Hedge fund managers whose businesses are deemed high risk by the chief US financial regulator will be inspected every three years, the official who will lead the examinations hasrevealed. Gene Gohlke, associate director in the regulator’s compliance […]
Watchdogs reject hedge fund indices in EU funds
Reuters Italia – EU financial market watchdogs have rejected industry requests to allow pan-European Union funds to invest in hedge fund indices, which are often seen as riskier than traditionalassets like stocks and bonds. The Committee of European Securities Regulators […]
MergerTalk: Hostile buyers, thank your lucky hedge funds
Reuters – Hostile and unsolicited takeover activity has run rampant lately, and buyers who are getting in on the action may want to draft thank-you notes to their favorite hedge funds for helping tostir the waters. Last year was the […]
Hedge Fund Strategies Seek Wider Clientele
For some time now, the distinction between hedge funds and some mutual funds has been waning. Two new offerings should help that process along. Janus (JNS:NYSE – commentary – research – Cramer’s Take), the Denver money manager with $148 billion […]
Picasso Lures Hedge-Fund-Type Investors to Art Market
Bloomberg – In September 2004, Philip Hoffman did something unusual: He bought a painting he actually likes. It was a work by Ed Ruscha, a pop art icon whose paintings hang in the National Gallery in Washington. Hoffman says he […]
Hedge funds bet on Alitalia, despite strike
Reuters.uk – Despite wildcat strikes and talk of bankruptcy hanging over Alitalia, two investors have bought big stakes in the carrier, and hedge fund sources say it is part of a trend to buyairlines seen as cheap in a bull […]
Liquidity Fire Trap?
Safe Haven – Following a near melt-up in share prices at the beginning of this month, markets have suddenly become unstuck. Rattled in part by disappointing results from the likes of Intel, GeneralElectric and Citigroup, as well as jitters over […]
N.J. turns to Hedge Funds for pensions
Philadelphia Inquirer – New Jersey’s state-employee pension fund for the first time will put money into hedge funds, the state’s top investment official said. The fund also plans to hire advisers to try to double or triple its investment in […]
Hedge Fund Flows Fall by $824 Million in 4Q 2005
Returns average 2.13 percent for the quarter and 9.35 percent for the year; Emerging Markets up 20.9 percent for 2005; Event-Driven and Equity Hedge see strong flows HedgeCo.Net – CHICAGO – January 25, 2006 – Hedge funds experienced the first […]
Buyout vet Lee says hedge funds boost private equity
Reuters – The increasing presence of hedge funds onto private equity turf works in favor of buyout funds, Thomas Lee, the billionaire, founder and namesake of private equity firm Thomas H. LeePartners, said on Wednesday. “I think you will see […]
Hedge fund drops campaign against McDonald’s
Reuters – Pershing Square Capital Management on Wednesday said it dropped its activist campaign against McDonald’s Corp. (MCD.N: Quote, Profile, Research) and threw its support behind the growth plan the fast-food chain outlined on Tuesday. McDonald’s stock fell after Pershing’s […]