Monthly Archives: August 2006

Independent – Anyone can be a hedge fund manager. Can’t they? These days, the City’s richest professionals seem to spend all their time punting on bid situations. If they get it right, it can prove to be hugely profitable. The […]

Irish Examiner – Newcastle could be the latest Premiership club to be targeted for a takeover after a Jersey-based investment company confirmed their interest today. The Belgravia Group announced to the Stock Exchange early this morning that they are considering […]

Lexington Herald-Leader – A city-based investment firm is launching what is likely the first hedge fund headquartered here. But don’t think that Ambit Funding’s small town location dictates modestgoals. “We expect to be able to compete with some of the […]

VNUNet.com – The rapid development of new investment strategies devised by hedge funds has attracted the interest of tax authorities. The focus on taxation is because of the complex arrangements employed by the industry. Robert Mellor, a partner at PricewaterhouseCoopers, […]

Reuters – The growing duties of pension fund trustees make them wary of hedge funds, but they are likely to funnel much more cash into them as an increasingly acceptable tool for diversifying assets,a senior HSBC executive said. At present, […]

Nobel-prize winning economist Robert Merton closed his latest hedge fund, IFL Continuum Fund, after three months because it failed to raise enough money. The fund hadcollected $30 million since the beginning of March to invest in credit securities. IFL Continuum […]

Corvallis Gazette-Times – The Oregon Investment Council is weighing whether to make an unprecedented investment of public pension money into risky hedge funds. Some labor unions have objected to hedge fund investments, saying such funds charge outlandish management fees, and […]

ThatsRacin.com – For a small country, the Netherlands is home to a disproportionately large number of big-name, international companies — and the nation now seems to be drawing the attention of arange of global activist investors seeking boardroom influence, break-ups […]

Former hedge-fund manager Jonathan Daws was sentenced to three years probation and a $50,000 fine Wednesday for his part in a stock scheme to depress the price of penny stocks. Daws managed Dallas-based hedge fund Gryphon Partners LP until late […]

easier.com – Standard & Poor’s Fund Services has issued a warning to investors in funds-of-hedge-funds based on its latest research on the sector. “Investors may need to think carefully about market conditions despite hedge funds’ general aim for absolute returns […]

Cincinnati Enquirer – A Greenwich, Conn.-based hedge fund today agreed to take over the assets and liabilities of Smart Papers LLC, which employs more than 400 here. The purchase agreement, which still must be approved by the U.S. Bankruptcy Court […]

EETimes.com – Loeb Partners Corp., a New York-based hedge fund, has submitted a letter to fabless chip and intellectual property (IP) vendor Mosaid Technologies Inc.’s board of directors, proposingthat the company be sold. In the letter, which can be viewed […]