Monthly Archives: May 2006
Algoma boss lauds hedge funds
Hamilton Spectator – Canada’s struggling steel industry is recovering, thanks to the relentless demands of hedge fund managers for profits and return on their investment. Algoma president Denis Turcotte told a conference here yesterday that funds like Tricap Management Ltd. […]
Investing: Don’t hedge your bets after all
FORTUNE Magazine – When it comes to investing, diversification is the closest thing to a free lunch. Simply by spreading money around unrelated investments – municipal bonds that zig when Wal-Mart and Microsoft shares zag – investors can reduce risk […]
Hedge Funds for Everyone
Motley Fool – Do you have a net worth of $1 million? Own a hedge fund? If the answer to one of those questions is “yes,” then chances are that you know John Mauldin — president of Millennium Wave Advisors, […]
Ex Morgan Stanley Exec Announces FCM Absolute Return Fund
WEST PALM BEACH, FL (HEDGECO.NET) – The former Morgan Stanley head of corporate finance in Singapore is moving his hedge fund, FCM Absolute Return Fund, into active externalmarketing with plans to raise $400 million. The hedge fund will target private […]
Investing in Hedge Funds on Campus
WEST PALM BEACH, FL (HEDGECO.NET) – Harvard and Yale reported larger than usual returns on their multi billion dollar endowments this year. As of June 30, 2005, Harvard and Yale had 12% and 25% oftheir respective endowments set aside for […]
Hedge Funds rule Conference
Cayman Net News – As the $1.1 trillion hedge fund industry continues to move into mainstream investing, regulators will focus more of its efforts on protecting the consumer according to the Elizabeth Jacobs, Deputy Director of International Affairs at the […]
Absolute returns pave way for hedge funds?
Absolute return funds may look like the route to safety-first investment by retirement funds; in fact, they could be the springboard for a retirement industry plunge into hedge funds. The tip comes from Dylan Evans, Director of Institutional Investing at […]
Funds of Funds reach record level
FT Adviser – Figures produced by the IMA (Investment Management Association) revealed in the first three months of this year that the industry achieved total investment funds under management of £382bn and net retail sales of funds of funds of […]
Euronext Makes Final Bid To Fend Off Hedge Funds
Wall Street Journal – Euronext NV management will today launch a last-ditch attempt to persuade shareholders to support it against hedge funds that want it to consider merging only with Frankfurt’sDeutsche Boerse AG, a person close to the company said. […]
SEC seeks information in Overstock complaints
Salt Lake Tribune – Overstock.com Inc., which has accused a research company and hedge fund of conspiring to drive down its stock, received a subpoena from the United States for information about its claims and accounting policies. The Securities and […]
Hedge funds less risky for banks than private equity
Reuters – Lending to hedge funds is not as risky as exposure to leveraged buyouts by private equity funds, which like corporate borrowing a few years ago poses a bigger risk to investment banks, ABNAmro told Reuters. Growing expectations of […]
PAAMCo Court Appointed Receiver Sues Man Financial in Hedge Fund Case
WEST PALM BEACH, FL (HEDGECO.NET) – Man Financial Inc., the U.S. arm of the investment firm Man Group Plc, is accused of violating the Commodity Exchange Act and the Racketeer Influenced and Corrupt Organizations Act, or RICO, by letting the […]