Monthly Archives: April 2006

Nobel to invest in hedge funds for first time

MSNBC – The organisation that funds the Nobel Prizes has decided to invest in hedge funds for the first time, tapping three firms for its maiden investments. The Nobel Foundation, which has more than $450m in managed capital, has invested […]

When our Pension’s in a Hedge Fund Should we Worry or Not?

American Reporter – Being a natural worry wart I clucked my tongue repeatedly when both the self-sanctified New York Times, and tv stock broadcasts alerted investors and general consumers tothe coming hedge fund train wreck. As with many of the […]

Zenith endorses hedge fund exposure

Money Management – Six out of a possible 20 hedge funds have received a recommended rating from Zenith Investment Partners, in a review it said could help dissipate common misconceptions about the alternative sector. The investment researcher added Credit Suisse […]

Hedge fund sues LifePoint, claims mergers flawed

Reuters – Hedge fund Accipiter Capital Management on Wednesday said it filed suit against hospital chain LifePoint Hospitals Inc. (LPNT.O: Quote, Profile, Research) over the fund’s bid to nominate new board members at LifePoint’s upcoming annual meeting. Accipiter, which owns […]

Man Group Says Hedge-Fund Sale Exceeds Estimates, Sets Record

Bloomberg – Man Group Plc, the world’s largest publicly traded hedge-fund company, said it took in $2.3 billion of client assets, more than the company had expected, in the sale of a new investment. The Man IP 220 fund “is […]

Fulcrum Limited Announces Strategic Global Expansion and Growth

Bobsguide – Fulcrum Limited, a leading global fund administrator for the alternative asset management industry, is pleased to announce a strategic expansion that includes the broadening of theexecutive team, the opening of a New York office, and expansion of the […]

David Rocker to retire from hedge fund Rocker Partners

MarketWatch – David Rocker, the managing partner of short-selling hedge fund Rocker Partners LP, has announced plans to retire in the middle of a growing debate on the influence of short sellers inthe stock market. Three years ago, Rocker and […]

Morgan Super Traders Worry Hedge Funds

New York Post – Morgan Stanley has created an all-star team of bond traders to wager its own cash in the market, a move that is raising eyebrows of its crucial hedge-fund clients. Bond executives at Morgan told The Post […]

Hedge Funds: Got Kleenex?

New York – Get your hankies ready: Hedge funds feel they’re the newest victims. A long-simmering issue may soon come to a boil, potentially putting Wall Street’s largest firms on the hook for billions more in liabilities years after the […]

NY hedge fund reduces Algoma holdings

The New York-based hedge fund that pushed Algoma Steel Inc. (TSX: AGA) to make a large cash payment toits shareholders has decreased its holdings in the company from about 19 per cent to five per cent.   Paulson & Co. […]

Hedge funds a threat to buyout firms

SINGAPORE: Buyout firms in Asia say they are facing increased competition from hedge funds seeking to boost returns to attract investors. Assets in Asia managed by hedge funds grew 38 per cent to US$101 billion (US$1 = RM3.67) last year, […]

Hedges and Stings

A glowing description on the Internet of something called Guaranteed Returns Diversified Inc. says that it can accept only 17 more investors in its newest hedge fund. It predicts a return of 22 percent for the first three months and […]