Monthly Archives: January 2006
Hedge-like funds to be ranked
Pioneer Press – The hedge-fund industry has achieved considerable success selling investments designed to make money no matter how the stock market fares. So far, the relative handful of mutual funds using hedge-fund strategies has not made market inroads, although […]
Euronext under pressure to drop LSE bid
Finextra – Pan-European exchange Euronext is under pressure from one of its largest shareholders to drop its takeover bid for the London Stock Exchange and kick-start merger talks with Deutsche Börseinstead. US hedge fund Atticus Capital – which says it […]
Dollar Rises Little Against Yen in Asia
MSN MoneyCentral – TOKYO (AP) – The U.S. dollar rose against the yen and euro in Asian trading Tuesday as players took a wait-and-see approach before U.S. economic data due out this week that mayshow mild inflation. The dollar was […]
Some mutual are joining the activist bandwagon
International Herald Tribune – In the last year, hedge funds and deep-pocketed individual investors have been cajoling management at many large companies to buy back shares, increase dividends or take other steps to bolster shareholder value. The billionaire Kirk Kerkorian, […]
PARKER GLOBAL LAUNCHES INVESTABLE FOREX INDEX
HedgeCo.net – STAMFORD, CT, January 16, 2007 * Parker Global Strategies (PGS), who have tracked FX managers since January 1986 in their widely published Parker FX Index, today announced the launch oftheir first investable foreign exchange index — PGS FX […]
AIMA responds to Consultation on Investment Manager Exemption
The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment industry association has responded to the proposed revision of Statement of Practice (SP1/01), which includes changes to the UK’s Investment Manager Exemption (IME) The IME plays […]
CMA Works with JPMorgan to Structure and Issue a Leveraged Certificate
HedgeCo.Net – Capital Management Advisors (CMA) has recently worked with JPMorgan to structure a three times leveraged certificate with a notional of EUR 15,000,000 linked to the Caravela Fund and the original CMA Multi-Hedge fund of funds. The certificate was […]
UBS fined $49.5 million for market-timing for hedge fund clients
San Diego Union Tribune – UBS Financial Services Inc. was fined $49.5 million Thursday by the New York Stock Exchange and state regulators in New Jersey for improperly trading mutual funds on behalf of hedge funds and other clients. According […]
US expert predicts big future for hedge funds
BEIJING, Jan. 14 — China will see a more favourable environment including more openness, liquidity and interest from the investing public – for the development of hedge funds over the next three years, predicts a US expert. Hedge funds are […]
Glazer’s hedge fund backers mirror pitch problems of Man Utd
Backers of the Glazer family’s controversial £690m takeover of Manchester United are having as much trouble off the field at the club is having on it. In the seven months since the Glazers assumed control, Man Utd has lost its […]
Burger King owners relish a highly profitable float
THE three private-equity firms behind the Burger King fast-food chain expect a whopper of a payout as they prepare for a potential $2.5 billion (£1.3 billion) flotation. Texas Pacific Group, Bain Capital and Goldman Sachs Capital Partners, the buyout shops […]
New Fed chief has two tough acts to follow
St. Paul Pioneer Press – Imagine that you wake up one morning with the power to rattle or rally financial markets across the globe, determine the strength or weakness of the U.S. dollar and encourageor discourage the purchases of cars […]