Monthly Archives: September 2006
Goldman Sachs fund exposed to stricken Amaranth
LONDON (Reuters) – A Goldman Sachs fund listed on the London Stock Exchange invested some five percent in U.S.-based Amaranth Advisors, which has disclosed billions of dollars in natural gas losses,Goldman said in a statement. It said that, based on […]
Market gossip to meet hedge fund high-tech filter: paper
People – Market gossip, from blogs to regulatory filings, is to meet a new automated monitor and filter system on behalf of hedge funds. The system, named Monitor110, is designed to trawl through more than 40 million internet sources as […]
Conn. hedge fund’s losses higher than first projected
Greenwich Time – A Connecticut hedge fund that bet heavily on the natural gas market lost almost $6 billion over the past month as it sold assets at a loss to stay afloat while its bets on natural gas plummeted, […]
Oil Slump and Hedge funds
HedgeCo.Net (New York) – Traders said today that the precious metals market is under pressure because of a sharp drop in oil in the recent past. Prices fell more than 3% this week, taking it almost $17 below a record-high […]
Hedge fund transfers assets to third party
Times Herald-Record – A Connecticut hedge fund trying to survive after admitting to investors that it lost billions of dollars in the flagging natural gas market has transferred its energy portfolioto a third party. Greenwich-based Amaranth Advisors told investors this […]
Hedge Funds Move to Block Refco Plan
MSN MoneyCentral – A group of hedge funds that bet on a big payoff from investments they made in commodities brokerage Refco Inc. moved Wednesday to prevent the bankrupt company from paying off a$642 million loan. The hedge funds, including […]
NY Fed chief warns on hedge funds
MSNBC – Hedge funds may need to be regulated because of the increasing risk they could pose to the financial system, according to the head of the New York Federal Reserve. Stepping into the highly charged debate about hedge fund […]
Hedge funds trawl for gossip with web filter
MSN MoneyCentral – Market gossip is to take on a more high-tech form thanks to a new automated system that will trawl through more than 40m internet sources – from blogs to regulatory filings – onbehalf of hedge funds. Due […]
Harvard Hedge Fund hits 29 billion
HedgeCo.Net (New York) – The Harvard University investment arm, Harvard Management Co., manages the largest education based endowment in the world. Harvard has a long record of success in beating the market, but this years $29.2 billion rate of returns […]
Hedge Fund suspect in Stock Manipulation Investigation
HedgeCo.Net (New York) – Hedge fund Aeneas, and it’s founder Thomas Grossman, are under scrutiny in Malaysia as the Securities Commission is probing allegations of stock manipulation. The $400 million hedge fund firm specializes in long-short emerging markets strategies. The […]
Harcourt Investment Consulting AG announces the launch of Belmont Asset Based Lending Ltd.
HedgeCo.net ( New York ) –Harcourt Investment Consulting AG has launched Belmont Asset Based Lending Ltd, Harcourt’s first fund of funds fully dedicated to asset based lending strategies. Thefund was launched in July 2006 and will allow investors to achieve ultimate […]
Hedge fund manager steers clear of natural gas
Globe and Mail – Not every hedge fund manager is betting the farm on natural gas. New York-based Van Eck Global Absolute Return Advisers Corp. certainly isn’t. The company, which has been offering alternative investments for more than 50 years, […]