Monthly Archives: February 2013
Hedge fund steps up Wausau Paper takeover attempt
Gannett – A Manhattan-based hedge fund this week continued its push to take over Wausau Paper with three new nominations for the paper company’s board of directors. Starboard Value LLC, which owns nearly 15 percent of outstanding Wausau Paper stock, […]
German Banks Will Consider Hedge Fund Exit, Fitch Says
Bloomberg – German banks may exit proprietary trading and hedge-fund businesses rather than set up separate units under a government plan to strengthen the finance industry, according to Fitch Ratings Ltd. The banks could opt to stop “restricted activities rather […]
Hedge-fund long positions in S&P 500 on rise
MarketWatch – Hedge-fund long positions in the S&P 500 Index rose in the past week, once again crowding long positions for speculators, according to a Bank of America Merrill Lynch note Monday. Large speculators bought $11.5 billion in S&P 500 futures […]
Inflection Strategic Opportunities Fund Posts 18.42% Net Return For 2012, Outperforms Benchmark Indices
Inflection Management Inc. today announced that the Inflection Strategic Opportunities Fund (“Inflection” or the “Fund”) delivered a net return of 1.58% in December 2012 and 18.42% for 2012, outperforming the Fund’s benchmark indices for both periods. “December capped a very […]
Hedge Funds’ Fourth Bullish Week Boosts Copper Bets
Business Week – Hedge funds increased bullish commodity bets for the fourth straight week and became the most bullish on copper since December on signs of faster growth in the U.S. and China. Speculators boosted net-long positions across 18 U.S. […]
HF Investors and Managers Differ On Impact of New Regulations
All About Alpha – Hedge fund managers are a good deal more apprehensive about the consequences of newly imposed regulations in the U.S. and Europe than are their investors, according to a survey newly released by Preqin and discussed in […]
Bank Regulation May Hit Deutsche Bank Harder Than Expected
WSJ.com – Germany’s plans for tighter financial market regulations is likely to hit Deutsche Bank DBK.XE -0.75% harder than once expected. That’s because the legislation, which will require big banks to separate retail and investment activities, will be especially stringent […]
Ex-Hedge Fund Boss Lost Claim Versus RBS on Ponzi Account
Bloomberg – A former hedge-fund manager who invested about 20 million pounds ($31.4 million) in a Ponzi scheme lost a claim against Royal Bank of Scotland Group Plc’s NatWest unit, which operated accounts used in the fraud. Jeremy Stone, a […]
Hedge, Private Equity Managers Must Wait on Bonuses: ESMA
Bloomberg – Senior hedge-fund and private-equity managers may face long waits for bonus payouts in a push by the European Union to impose bank-style pay rules on the industry. Bonuses for risk-taking employees should be withheld for a period of […]
Notz Stucki Expects to Beat Hedge-Fund Investments Gains
Notz Stucki & Cie, a Swiss money manager trying to stem shrinking assets, expects to beat last year’s gain in its hedge-fund investments even as it reduces allocations to alternative funds. Investments in hedge funds including Stephen Mandel’s Lone Pine […]
Apple to ‘evaluate’ hedge fund’s cash demand
CNET – In a response to a legal threat from a prominent shareholder, Apple says it’s still evaluating its cash pile options. After a complaint from a notable Apple investor that the company needs to share more of its cash […]