Monthly Archives: August 2006
Hedge fund Ospraie adds manager for energy stocks
Reuters – Hedge fund firm Ospraie Management said on Tuesday it added another manager to trade in energy-related stocks at a time when the sector is delivering strong returns. New York-based Ospraie, which manages roughly $4 billion in four funds, […]
UPDATED: Hedge Fund Manager Wins for Charity
HedgeCo.Net (New York) – David Einhorn, founder and CEO of hedge fund Greenlight Capital, raised $659,730 for the Michael J. Fox Foundation for Parkinson’s Research byfinishing 18th in the World Series of Poker’s main event. After jumping to third place […]
S.E.C. Decides It Won’t Appeal on Hedge Funds
WASHINGTON (Reuters) — The Securities and Exchange Commission said on Monday it will not appeal a court decision nullifying a rule requiring advisers of most hedge funds to register with the investor protection agency. The decision comes six weeks after […]
Hedge funds lose a smidgen in July-Barclay Group
Reuters – The average hedge fund ended July nearly where it started, posting a tiny loss during a month marked by more stock market price swings, according to data released on Monday. The Barclay Hedge Fund Index, compiled by the […]
Resolution starts emerging market hedge fund
Reuters – Resolution Asset Management said on Friday it has launched a hedge fund, the first product of its newly-minted emerging markets boutique, Hexam Capital Partners. The portfolio is called the Resolution Hexam Eastern Europe, Middle East and Africa Absolute […]
Hedge funds eye Malaysia as users scramble for palm oil
Reuters Italia – After taking huge bets on industrial commodities, hedge funds are now angling to reap returns on Malaysia’s newly trendy palm oil market. As the world’s appetite for green fuels grows, the volatility in palm oil prices is […]
How to Count to 25% – Congress Amends ERISA
HedgeCo.Net (New York) – The Pension Protection Act of 2006 (H.R. 4), which was passed by the House of Representatives on July 28 and the Senate on August 3 and has been sent to the President for his signature, will […]
Hedge Fund Blocks Telent Offer
HedgeCo.Net (New York) – The US activist hedge fund Polygon threatened to block a takeover of Telent, the rump of former industrial giant Marconi. The battle between Polygon and Fortress highlights the issues with using CFDs in bid situations. CFDs […]
Hedge Fund MotherRock to Close
HedgeCo.Net (New York) – New York-based hedge fund MotherRock is shutting down after having lost $230 million in June and July because of volatility in natural-gas markets and investor redemptions. At its peak in May MotherRock managed about $430 million […]
Hedge funds flee Hong Kong pollution for Singapore
Forbes – Hong Kong’s worsening air pollution is prompting a number of hedge funds to move to Singapore, reflecting a trend that could undermine the territory’s financialsector, the Financial Times reported on its website. Citing senior executives at Morgan Stanley […]
Controversy and debate surrounding hedge funds
Pittsburgh Tribune-Review – A fierce battle is going on both in Washington and on Wall Street over hedge funds. Certain groups are clamoring for more regulation, while others are pressuring to keepthe status quo of little oversight. While the controversy […]
Resolution starts emerging market hedge fund
Resolution Asset Management said on Friday it has launched a hedge fund, the first product of its newly-minted emerging markets boutique, Hexam Capital Partners. The portfolio is called the Resolution Hexam Eastern Europe, Middle East and Africa Absolute Return Fund. […]