Monthly Archives: August 2006
Commodity investors “should look to hedge funds”
Reuters – Investors in commodities should look to actively managed hedge funds rather than passive indexes to get exposure to the asset class, UBS Wealth Management said on Wednesday. Actively managed funds can time buying and selling of securities to […]
Mosaid rejects hedge fund demand that the company be sold promptly
Canada.com – Memory-chip maker Mosaid Technologies Inc. (TSX:MSD) has rejected a dissenting U.S. shareholder’s demand that it immediately put itself on the auction block and warned Wednesday it’s ready for a fight if that’s what Loeb Partners Corp. wants. In […]
Cayman financial sector receives high praise
Cayman Net News – The leading finance industry publication The Banker has given a ringing endorsement to the Cayman Islands as an international financial centre, and outlined an upbeat assessment of the jurisdiction’s outlook across a range of sectors. A […]
Pegasus warns investors not to transfer warrants
Biloxi Sun Herald – Fremont-based Pegasus Wireless Corp. (PGWC), a wireless solutions provider, issued today a notice to shareholders who are eligible to receive a previously announced propertydividend that the warrants are not transferable. Earlier this month, Pegasus announced a […]
Risk ratings developed for hedge funds
MSNBC – Several of the world’s largest ratings agencies are developing wide-ranging credit and risk ratings on hedge funds and their managers, pushing the $1,200bn hedge fund business further intothe investment mainstream. Hedge funds have been attracting investment from conservative […]
Horizon Enjoys Solid Growth In 15th Anniversary Year
CHICAGO, August 22, 2006 – Horizon Cash Management LLC, a leading cash manager for alternative investment funds, today announced that with the addition of new clients, there has been an increase in assets of $600 million so far in 2006, […]
Billionaire hedge-fund chief expects to shake things up
Reading Eagle – When Nelson Peltz puts his money at risk in a company, he expects to shake things up. That was the case in his junk-bond fueled takeover of National Can Co. in 1985, his celebrated turnaround of soft-drink […]
Gateway in spotlight as hedge fund shows interest –
In just two days’ time, a hedge fund has managed to do for Gateway Inc. what its own earnings reports, pledges of growth in new markets and new CEO haven’t been able to do for months: get investors to once […]
Dutch Ahold won’t meet hedge fund shareholders
Reuters – Ahold (AHLN.AS: Quote, Profile, Research)(AHO.N: Quote, Profile, Research) is ignoring requests for meetings with hedge funds Paulson & Co. Inc. andCentaurus Capital, which want to reshuffle the ailing Dutch retailer, a person familiar with the talks said. The […]
Some Hedge Funds to Stay Registered
MSN MoneyCentral – WASHINGTON (AP) – A failed regulatory push by the Securities and Exchange Commission may leave a lasting impression on the hedge-fund industry, according to a Greenwich Associatessurvey to be released Wednesday. Hedge funds, which are investment pools […]
Failed hedge fund haunts celebrities
Pittsburgh Post-Gazette – In the annals of hedge-fund collapses, Sylvester Stallone is among lucky investors who walked away unscathed — or so it seemed. In 1997, the actor invested $2.5 million in a private investment partnership called Lipper Convertibles. Four […]
Former Hedge Fund Manager creates financial Cartoon Website
HedgeCo.Net (New York) – “Imagine Jon Stewart, Bill Maher and Shrek, rolled into a cohesive and scalable platform, providing valuable market insight with snarky humour and cunning wit.†This is how Todd Harrison, former president of Cramer Berkowitz, a $400 […]