Monthly Archives: February 2007
Gartmore trust faces threat from hedge fund
LONDON – The Gartmore European investment trust, run by star manager Roger Guy, has told shareholders it faces a threat from activist hedge fund Carrousel Capital, which it says wants to restructure the fund. The 396 million pound trust said […]
A Good Word for Hedge Fund Activism
WHEN hedge funds buy shares of a company and start agitating for changes in the way it is being managed, they may seem to be gunning for a quick killing at the expense of longer-term shareholders. But, in fact, the […]
Hedge funds, private equity ‘good for market’
Charlie McCreevy, the European Union internal market commissioner, on Monday rode to the defence of hedge funds and private equity groups, dismissing recent attacks on the sectors and insisting therewas no reason to tighten the rules governing their activities. “Hedge […]
Funds: Finding a gold mine in resources
LONDON: Warren Irwin is sticking with mining companies, even though his hedge fund, the best performer among its peers in 2006, is down 3.7 percent this year. Gold mine investments brought Rosseau Limited Partnership a 122 percent return last year, […]
US hedge funds? political donations soar
Todays Zaman – US hedge funds have increased their political donations by more than two thirds in the past four years and the figure is set to rise considerably in the run-up to the 2008 presidential election. At a time […]
Investors love new hedge fund stock
Allentown Morning Call –When Goldman Sachs Group Inc. went public in May 1999, some on Wall Street figured it was a signal to bail out of brokerage stocks. If Goldman was letting the public into its business after 130 years […]
Are your funds hedging?
Akron Beacon Journal -When the U.S. dollar is falling sharply against most other currencies — as was the case in 2006 — or rising just as strongly, investors wonder how various mutual funds are positioned. Are the funds fully exposed […]
Hedge Fund Investcorp to Sell Off Investment Company
HedgeCo.Net (New York) – It was announced today in a press release by Eurazeo that global hedge fund manager Investcorp has finalized a deal to sell APCOA, the leading pan-European manager of parking services, for an enterprise value of €885 […]
Major Hedge Fund Shareholder Proposes Restructuring of Trust
HedgeCo.Net (New York) – Hedge fund Carrousel Capital has submitted proposals for a restructuring or merger of the Gartmore European investment trust, of which Carrousel owns 28.03% and is its largest shareholder. Bruno Sangle-Ferriere, founder of British-based Carrousel, said he […]
SEC vs. hedge funds – CNNMoney.com
(Fortune) — Are investors mad at the SEC – or are hedge funds mad at the SEC? That’s the question raised by several readers about the SEC’s proposal to increase the amount of money you need to have to invest […]
Economic Powers to Study Growing Influence of Hedge Funds
ESSEN, Germany, Feb. 10  Finance ministers from the world’s leading economies put the $1.4 trillion hedge fund industry firmly on the international policy agenda on Saturday, saying they would scrutinize the sector closely with an eye toward encouraging more […]
Hedge Fund Survey Shows Established Names Have More Chance of Success
HedgeCo.Net (New York) – The Absolute Return New Funds Survey for 2006, published in the February issue of Absolute Return magazine, shows that new hedge fund launches in the U.S. slowed for the second year in a row. Last year, […]