Monthly Archives: November 2006
Insight’s Armstrong sees upside in India
LONDON (Reuters) – Indian stocks look expensive relative to stocks in developed markets but still offer further upside, Patrick Armstrong, a fund manager at Insight Investment (HBOS.L: Quote, Profile, Research) who has recently increased his exposure there, told Reuters. India’s […]
Hedge Funds Lose $500 Million Asia & Paper Pulp Case
Nov. 6 (Bloomberg) — Indonesia’s Supreme Court has upheld a lower court’s decision to invalidate $500 million of bonds sold by a unit of Asia Pulp & Paper, Southeast Asia’s biggest defaulter, in a potential setback to sellers of corporate […]
Hedge funds without inflated costs ? and egos
Imagine hedge funds without brainy managers maneuvering artfully through short-lived market opportunities day in and day out. You might think the flashy hedge-fund arena could never evolve into this. But with about $1.2 trillion in assets, the industry is maturing. […]
Investing: Hedge fund managers start to feel some heat
LONDON: You promised investors 15 percent, 20 percent, 25 percent returns. You took their money, subtracted your 2 percent fee, cranked up the spreadsheet and took your chances on the global roulette wheels. And now, Mr. or Ms. Hedge Fund […]
Morgan Stanley: A Big Bet on Hedge Funds
Business Week – Buying FrontPoint is just one step in a push to modernize its entire business, says the company’s head of alternative investments. Amid the rapid growth of hedge fundsâ€â€assets under management have increased 21% this year, to $1.3 […]
LRG CAPITAL NAMES NEW DIRECTOR OF SALES AND MARKETING
Larkspur, CA, November 3, 2006 – LRG Capital Group LLC, a global merchant bank that invests in and provides advisory services to small and mid-cap public companies, today announced that Bryce Suttonhas joined the firm as Director of Sales and […]
Hedge Fund Valuation:Ten Things You Cannot Afford to Ignore
In the aftermath of more than a few blowout hedge fund losses, regulators, investment fiduciaries, and compliance officers are paying close attention to hedge fund valuation practices. As recently asJune 2006, U.S. SEC Commissioner Roel C. Campos described the urgent […]
Venture Capital: Powerful trio puts hedge fund together
Three movers and shakers from Seattle’s business community are coming together to form a new hedge fund called L1. The partners in the fund, which is in the early stages of formation, are Zillow.com Chief Executive Rich Barton, Second Avenue […]
Hedge funds a potential source of risk: Reddy
NEW DELHI, NOVEMBER 3: Reserve Bank of India (RBI) Governor Y V Reddy today expressed concern over the functioning of hedge funds globally and said that it could be a source ofpotential threat to financial markets. “Lack of transparency in […]
New gig has Chelsea hedging into big money
Former and perhaps, future First Daughter Chelsea Clinton is getting a new job – and probably a big raise. Clinton is taking a post at the Avenue Capital Group, a hedge fund run by supporters of her mother, according to […]
Henderson backs Cartesian UK Opportunities
LONDON (Reuters) – The fund of funds team at Henderson told Reuters it has invested in the Cartesian UK Opportunities fund, a portfolio run by a Resolution Asset Management-backed boutique fund firm. Cartesian Capital Partners was set up last year […]
M-Flex Amends Complaint Against Stark Hedge Funds
ANAHEIM, Calif., Nov. 1 /PRNewswire-FirstCall/ — Multi-Fineline Electronix, Inc. MFLX, a leading global provider of high-quality, technologically advanced flexible printed circuit and value-added component assembly solutions to the electronics industry, announced today that it has filed an amended complaint in […]