Monthly Archives: January 2006

Japanese M&A hits 6-year high with mega-deals ahead

Reuters – Deal-making in Japan quickened to a pace not seen in six years in 2005, and bankers expect more multi-billion dollar mergers early in 2006 as firms seek to boost sales through acquisitions in a blossoming economic climate. The […]

Funds and investors paint bullish picture for gold & precious metals

Hedge funds and investors firmly established themselves as precious metal bulls yesterday with all four metal posting solid gains on the first full day’s trade of 2006. The dollar in contrast went in the opposite direction; largely due to speculation […]

Family firms join hunt for the rich

Beneath a pine-fringed park in Gig Harbor, Washington, on the banks of Puget Sound, George Russell is hunting for the very rich. Russell, 73, runs Threshold Group, an investment boutique catering to some of the most exclusive and sought after […]

A Fund for All Seasons

AIM Global Equity Fund’s Derek Izuel searches the world for stocks that “outperform in all kinds of markets” Derek Izuel, portfolio manager of the $409 million AIM Global Equity Fund/A (GTNDX ), says he is always looking for ways to […]

Hedge Funds Get Clipped Slim gains and scandals turn off investors

Think hedge funds mint money? Consider this: The Standard & Poor’s hedge fund index posted gains of just over 2.4 percent in 2005–after meager gains of 3.6 percent in 2004–or about half the performance of the S&P 500. That track […]

Hedge Fund Feasts on Famine

David and Eugene Grin built a major business for themselves selling last-ditch loans to troubled companies. But with returns slipping, some wonder if their Laurus Family of Funds can continue fattening itself at the bottom of Wall Street’s food chain. […]

Hedge funds hit after returns go below 7pc

Telegraph.co.uk – The glamour and allure of hedge funds has faded, according to figures, which show the amount of money invested in them halved over the past year as returns fell below 7pc. Oliver Schupp, the head of investment bank […]

The murky tale of a failed fund

Globe and Mail – John Xanthoudakis wants to restore his shattered reputation. The founder of troubled Norshield Financial Group has stepped back into the media glare in an effort to dispel the perception of improper dealings at his controversial hedge […]

People to watch in 2006

William Fatt, 54, is worth watching to see if the hotelier can placate a U.S. corporate raider intent on flipping his company, Fairmont Hotels & Resorts Inc., at a time when raiders and hedge funds have an unprecedented number of […]

Hedge-fund manager charged with insider trading

BOSTON –An attorney for a hedge-fund manager said Thursday his client plans to plead guilty in an agreement with prosecutors who charged him with insider trading in connection with an alleged tip about a bank acquisition. The attorney, Mark Pearlstein, […]

Now there’s hedge fund-type trading for the rest of us

Most people view hedge funds as risky investment vehicles. Richard A. Schilffarth sees them as the best way to drive performance for the next several years. Not just for the rich and famous anymore, hedged portfolios are now available to […]

Suit Tests SEC Rule on Hedge Funds

NEW YORK — Phillip Goldstein is an unlikely torchbearer for the swashbuckling hedge-fund industry. He was a New York civil engineer for 25 years before launching his fund from his basement in Brooklyn, and he drives a Toyota Camry. “Before […]