Monthly Archives: February 2006

Investors Business Daily -EFG International said on Monday that it agreed to buy hedge-fund firm Capital Management Advisors as the Swiss private bank responds to increased client demand foralternative investments. The price of the deal wasn’t disclosed, but EFG said […]

Investors Business Daily – Are hedge funds now investments for the masses? Not so fast. Long reserved for the ultra-rich and the institutional investor, these private and risky investments have grown explosively in the past few years, in part because […]

A revolution is expected, but can hedge funds take over the world? Gemma Westacott reports: Hedge funds are encroaching on what has traditionally been the hunting ground of private equity funds. Merrill Lynch chairman for Europe, the Middle East and Asia […]

Arizona Republic – If you had a chance to look under the hood of your pension fund, you just might find a hedge fund or two inside. Public pension funds, like other investors, have been struggling to boost returns amid […]

The Sunday Times – PENDRAGON’s £506m bid for rival car dealer Reg Vardy could be frustrated by a number of hedge funds and proprietary trading desks that have built a big stake in the group,writes Richard Fletcher. Despite having triumphed […]

Reuters – Swiss private bank EFG International (EFGN.S: Quote, Profile, Research) has acquired 100 percent ofthe share capital of hedge fund manager Capital Management Advisors from its founders, the bank said on Monday. No price was given for the deal […]

Reuters – Commodity prices tumbled across Asia on Monday, extending last week’s sell-off in copper, gold and other markets by once big-spending hedge funds in North America and Europe. Gold, zinc and copper — all big gainers in recent months […]

St. Louis Business Journal – Pirate Capital is making waves at CKE Restaurants Inc., parent company of St. Louis-based Hardee’s. The Norwalk, Conn.-based hedge fund spent about $58.7 million since early December acquiring a 7 percent stake in CKE, making […]

MILAN (AFX) – Banca Popolare Italiana has reduced its exposure to hedge funds and derivatives, investments that last year caused concern about the groups financial solidity, the daily Il Sole 24 Ore said without giving a source. Under the management […]

  Cape Town – 10 February 2006. Six of South Africa’s top performing hedge funds were recognised for their achievements at the second annual Old Mutual Symmetry Hedge Fund Awards in Cape Townlast night. The winners were picked from 21 […]

January was a very good month for hedge funds. Lifted by a strong stock market, hedge fund performance was up 3.65% for the month, according to Hedge Fund Research. That beat the 2.55% returned by the S&P 500 over the […]

BOSTON, Feb 9 (Reuters) – One thing is for sure: investors’ taste for hedge funds soured some late last year. But determining just how much money they pulled out is far from easy, especially considering that two of the $1.1 […]