Monthly Archives: August 2007

Seeking Alpha – In a follow-up to Monday’s posting about the impact of hedge fund activism, here are two recent studies that seem to support the OECD’s claim that activist hedge funds are good for corporate governance. Both of them […]

ABC Online – An influential global economist has warned the widening financial crisis could plunge the world into recession, as an Australian company becomes the latest victim of the market turmoil. The Sydney-based hedge fund Basis Yield Alpha, run by […]

Earthtimes – German Chancellor Angela Merkel called for greater transparency in the workings of hedge funds and rating agencies, while speaking to Japanese business people in Tokyo on Thursday. Staking out the German government’s oft-repeated position, Merkel said the risks […]

Reuters – The Asia-Pacific’s hedge fund industry, long seen as less sophisticated than its U.S. and European peers, is about to find out its focus on equities rather than complicated debt instrumentsmay be its saving grace. Even though a fund […]

Forbes – Paris-based fund of hedge funds Stratus Fund Limited is postponing redemptions and halving its management fees due to losses incurred from the meltdown of Sentinel Management Group, a U.S.firm that manages short-term cash for commodity traders, such as […]

Bloomberg- Top private-equity and hedge fund managers made more in 10 minutes than average-paid U.S. workers earned all of last year, according to a new study from two research groups. The 20 highest-paid fund managers made an average of $657.5 […]

LONDON (Reuters) – John Browne is making a return to the industry where he was a long-time leader, joining a private equity firm focused on energy investments four months after a scandal forced himto resign early as CEO of BP. […]

Reuters- For hedge funds the last weeks of summer have been anything but lazy or dull as market turbulence left many of the industry’s most prominent funds nursing losses this month, investors and analysts said. As the end of August […]

CNBC- Investors poured $41.1 billion into hedge funds in the 2007 second quarter, which combined with performance gains, swelled industry assets to an estimated $1.67 trillion by the end ofJune, fund tracker Lipper TASS said on Tuesday. The gains, which marked […]

International Herald Tribune- Courts in the Netherlands and France refused Monday to grant injunctions blocking the €30 billion (US$41 billion) merger between steel giants Mittal Steel Co. NV andArcelor SA. Legal actions launched in Rotterdam by three hedge funds and […]