Monthly Archives: September 2006
Hedge fund’s blowup doesn’t mean sector ought to be regulated
Baltimore Sun – In the investing world, it can be a short three-step walk from problem to new regulation. First, a problem is uncovered. Next, “victims” or “losers” are identified. Then, regulationsand legal remedies are proposed. So when a hedge […]
SEC confirms its probe of Amaranth hedge fund
Seattle Times – A top Securities and Exchange Commission (SEC) official confirmed that the agency is investigating Amaranth Advisors, which lost billions of dollars this month due to bad bets onnatural-gas prices, and the probe is focused on whether the […]
Japan Hedge Fund Boom
HedgeCo.Net (New York) – The Japanese yen may be falling to a 20 year low according to a Bloomberg report. Japanese investors last month bought more overseas hedge fund bonds than ever before. The yen is approaching its lowest value […]
Hedge Funds Cash In On Good weather
New York (HedgeCo.net) – The intensity of last year’s storms caused hedge funds to bet billions of dollars on reinsurance, the hedge funds that put these billion dollar bets on another Hurricane Katrina not hitting the U.S. coastline now have […]
M2M Management launch shipping hedge fund
HedgeCo.net ( New York ) – M2M Management today announce the launch of the first physical and futures maritime freight fund – ‘Global Maritime Investments Ltd (GMI)’. GMI offers investors the opportunity to secure superior risk adjusted returns in a […]
Hedge funds branch out into timber crops
Business Online – “TOUCH wood†and be lucky. Or as Americans say, “knock on woodâ€Â. Wood, or rather timber, has certainly brought a lot of luck – and wealth – to many investors in the United States. There, timber now […]
Hedge fund managers under Revenue spotlight
Financial Director – Officers from HM Revenue & Customs are paying more visits to Mayfair – the heart of the hedge fund industry – to investigate the tax arrangements of what is considered a lightly regulated industry. Hedge fund managers have […]
Funds brush off Shell’s Russia problems
MOSCOW (Reuters) – Fund managers are keeping their cool in the face of Russian political risk as western oil majors come under pressure and state control of business grows. Concern over Anglo-Dutch oil giant Royal Dutch Shell’s Sakhalin-2 energy deal […]
Sloan: One Hedge Fund’s Wilting Fortunes
MSNBC – We at NEWSWEEK don’t print obituaries before our subject has been officially declared dead. But I’d like to make an exception for Amaranth, the hedge fund that became famous last week for losing $6 billion of its investors’ […]
Manager fought SEC and won
Poughkeepsie Journal – Phil Goldstein, who recently forced the Securities and Exchange Commission to stop trying to register hedge funds, is smart and colorful. Goldstein, 61, just moved his offices from Pleasantville, Suffolk County, to Saddle Brook, N.J. Goldstein and […]
A flurry of regulations won’t fix problems at hedge funds
San Francisco Gate – In the investing world, it can be a short three-step walk from problem to new regulation. First, a problem is uncovered. Next, “victims” or “losers” are identified. Then, regulations and legal remedies are proposed. So when […]
Funds not selling on Thailand coup
HONG KONG (Reuters) – Foreign fund managers said on Wednesday they have not starting dumping Thai assets after the army seized power, and that they may use the coup as an opportunity to enter one ofAsia’s most inexpensive markets. But […]