Monthly Archives: April 2006
Hedge funds buy Schering shares, hoping to capitalise on Bayer deal
FRANKFURT (AFX) – Hedge funds are buying into Schering AG, on the basis that a German law might allow them to get a higher price for their Schering stakes than the 86 eur per share offered by Bayer AG, the […]
Commodity Price Boom to Continue
Black Enterprise – EXPERTS are predicting that an unprecedented commodity price boom that has seen metal, energy and some agricultural prices – including orange juice and refined sugar – hit recordhighs, is set to continue. Copper yesterday rose to a […]
Dearth of talent may hit global macro hedge funds
Reuters.uk – Investors are raising their exposure to global macro hedge funds because of their potential to make money in volatile markets, but a dearth of talent in the sector means that returnscould disappoint. Global macro hedge funds take directional […]
New hedge fund sees more M&A potential in Europe
Reuters Italia – Platinum Capital Management has launched a hedge fund to focus on European, mainly French, stocks which could benefit from takeover and demerger activity, its managing director saidon Tuesday. The launch comes at a time when corporate activity […]
Portus ignored warning
National Post – The two men behind the Portus group of funds were advised in early 2004 to stop accepting money from investors, long before the money manager’s collapse left 26,000 investors fearingthat $800-million of their funds might be gone. […]
Hedge Fund Report: Private Equity
Street.Com – Private equity firms continue to stage landings on the hedge fund beachhead. Following the lead of Texas Pacific and more recently Kohlberg Kravis Roberts, theBlackstone Group announced the creation of a new hedge fund that will focus on […]
Hedge fund gains hit 2 1/2-year high in first quarter
MarketWatch – Hedge funds had their best quarter in two and a half years during the first three months of 2006, as emerging-market and technology strategies gained more than 10%, Hedge Fund Researchsaid Monday. The HFR Fund Weighted Composite Index […]
Indexchange with new licenses for Asia Pacific Select Dividend
HedgeCo.Net – Indexchange, the German investment company that specializes in exchange-traded funds, has signed a licensing agreement with Dow Jones Indexes, STOXX Ltd. and SAM Group to issuefinancial products on the Dow Jones Asia/Pacific Select Dividend 30 Index, the Dow […]
March 2006 Performance Review of the DOW Jones Hedge Fund Strategy Benchmarks
A monthly report from Dow Jones Indexes on the performance of the Dow Jones Hedge Fund Strategy Benchmarks HedgeCo.Net – All six hedge fund strategies covered by Dow Jones Hedge Fund Indexes ended the first quarter of 2006 posting net-of-fees […]
Arcelor woos the hedge funds
Around 30 per cent of Arcelor, the Luxembourg-based steel company defending itself against a hostile $24.4bn (£14bn) cash and shares bid from Mittal Steel, is now owned by hedge funds, it emerged last week. The revelation means that hedge funds, […]
Big Funds Take a Flier
Since big mutual fund firms like Fidelity and Vanguard own pretty much everything, it’s not surprising that they’re major investors in the notoriously unrewarding airline industry. However, there are also a few less likely names on the lists of the […]
An entertaining tale of hedge funds
Like many once-abstract concepts rapidly becoming reality, “globalism” may move too fast for most people to get a good grasp of how it’s progressing and why. But the folks at the McKinsey Quarterly have done a good job of lending […]