Monthly Archives: February 2006

Christian Science Monitor – As a shareholder representative who believes in good pay for bottom-rung workers, Ruth Rosenbaum occasionally reminds corporate executives across the table from her that she has a doctorate in economics. In other words, she knows something […]

Bloomberg  – KT&G Corp. rejected a bid from U.S. investors Carl Icahn and Warren Lichtenstein that valued the tobacco maker at $10 billion, raising the prospect of the nation’s biggest hostile takeover battle. The board decided the offer wasn’t “in […]

Globe and Mail – Gradient Analytics Inc. has built a lucrative business offering independent research to investors, but its reputation is now being hammered by lawsuits that allege it is little more than a rewrite shop for hedge funds. Gradient, […]

The Financial Standard – While global hedge funds continue to outperform global equities, the big news is that they are doing it for only one-third the risk. The latest GreenwichVan Hedge Fund Index report for January 2006 shows that the […]

NDTV.com – The Arcelor management knows time is running as Arcelor CEO Guy Dolle faces his shareholders on Tuesday. The shareholders make up for 86 per cent of Arcelor’s stake and will be a crucial link to decide whether Mittal […]

Reuters.uk – More than 330 new Europe-based hedge funds raised $27.82 billion (15.87 billion pounds) last year compared with 250 in 2004 who raised $22.79 billion, trade publication EuroHedge said onThursday. That represents a 32 percent rise in the number […]

Seattle Times – Delafield Hambrecht, a Seattle investment firm, is working to raise $100 million for a hedge fund focused on biotechnology stocks. Launched earlier this month, the fund will be managed by Quynh Pham, a lauded stock-picker during her […]

Boston Globe – Fidelity Investments, the world’s largest mutual-fund company, will start three funds in Japan focused on paying dividends to lure more individuals away from the safety of bankdeposits, which total about $6.3 trillion. Thomas Balk, who took over […]

Stockhouse Canada – Powerful hedge funds conspired with Wall Street analysts in an illegal plot to drive down shares of Biovail (BVF:NYSE – commentary – research – Cramer’s Take) during 2003 and 2004, the Canadian drug company alleged in a […]

TheStreet.com – Hedge fund managers are always bargain-hunting. An example is the recent interest in Price Communications (PR :NYSE – news – research – Cramer’s Take), aholding company whose sole claim to value is that its stock will become exchangeable […]

TheStreet.com – Citigroup (C:NYSE – news – research – Cramer’s Take) runs a $37.6 billion alternative investment business called Citigroup Alternative Investments. It’sorganized around private equity, managed futures, structured products, real estate and hedge funds. Late last year, Ray Nolte […]

LONDON (Reuters) – Steep falls in the high-yielding New Zealand dollar and the Icelandic crown are early warnings to investors that markets are turning their attention to macro imbalances brewing ineconomies offering higher interest rates. Higher interest rates in countries […]