Monthly Archives: May 2006
Hellman & Friedman May Acquire Gartmore, People Say
Bloomberg – Hellman & Friedman LLC, a buyout firm with a specialty in financial services, may buy London-based Gartmore Investment Management Plc, which oversees $78 billion, two people withdirect knowledge of the situation said. Hellman & Friedman, based in San […]
Stocks Are So 20 th Century
Slate – The newly public New York Stock Exchange just unveiled a $10 billion offer for Paris-based Euronext, which owns securities exchanges in France, Holland, Belgium, Portugal, and England. Meanwhile, Nasdaq last week announced it had amassed a 25 percent […]
Pension Funds to Invest in European Hedge Fund Growth
WEST PALM BEACH, FL (HEDGECO.NET) – Mercer Investment Consulting surveyed more than 570 European pension funds with $364bn under management. It found that some 13% of continental European and Irishpension funds invest in hedge funds, almost double the number in […]
Emerging Market Hedge Funds Pick Exotic Stocks
WEST PALM BEACH, FL (HEDGECO.NET) – Emerging market hedge funds who are investing in Exotic stocks, have started looking at the banks in the former Soviet republic of Georgia, companies in Kenya, oil refineries in the central Russian republic, and […]
Hedge fund manager looks for cash flows in Greater China
While there are plenty of investment opportunities in Greater China, one Hong Kong hedge fund manager says that finding under-researched, undervalued opportunities can offer good long-term upside. “You know these opportunities when you see them. Last year we were in […]
Hedge Fund, Alternative Asset Managers to Start Charity in Asia
Bloomberg – Hedge fund managers in Asia are showing their soft side by setting up a charity, the first of its kind in the region. Returns Invested in Children and Education, or RICE, will also raise money for minors in […]
Commodity Selloff Prompts Consensus for Bulls, Bears
Bloomberg – Mayur Ajmani bought copper last month only to see $11,000 of his investment vanish in an hour when the metal had its biggest decline May 15 since 2004. “The loss was about the same as my entire salary […]
Endowed With Risk
Washington Post – How does someone put $425 million of a university’s hard-earned endowment into hedge funds, corporate buyout partnerships and real estate? Very slowly and carefully. That’s how Lawrence Kochard is approaching his job two years after Georgetown University […]
Hedge funds are enjoying it all right now
Belleville News-Democrat – Hedge-fund managers sit in the investment world’s sweet spot, though it may be getting late in the game. Successful hedge-fund managers can earn untold riches employing investment strategies that range from buying common shares and influencing public […]
Market falls refresh hedge fund allure
Reuters.uk – The recent sharp drop in equities markets is a timely reminder of the benefits of alternative investments like hedge funds, a senior Credit Suisse bank executive told Reuters in aninterview on Thursday. The hedge fund sector had lost […]
Liffe trade hits record following equity falls
Financial Times – Unusually high levels of derivatives-related trading by banks and hedge funds appear to be contributing to the sharp sell-off and volatility in some of the world’s equity markets. The volume of trading in FTSE 100 futures contracts […]
Currency platforms fight for growing FX business
Reuters – Scrambling for business, trying to attract hedge funds and changing ownership — currency trading platforms are having a busy year. Signs of increasing volume in the global foreign exchange markets — $1.9 trillion a day at the last […]