Monthly Archives: November 2005
More Treasuries investors turn bearish in week
Reuters – An increased number of investors were bearish on Treasuries in the latest week, with expectations of further U.S. interest rate hikes, according to a poll released on Tuesday. Investors who said they were short on Treasuries rose to […]
20% of UK schemes invest in hedge funds
IPE.com – UK – Around one in five large UK pension funds have some exposure to hedge funds, the National Association of Pension Funds says. The NAPF’s annual survey – which asked about hedge funds for the first time due […]
DE Shaw, Bridgewater Top List of World’s Biggest Hedge Funds
Bloomberg – During the past decade, hedge fund managers have emerged as masters of a secretive, $1.08 trillion universe. They rode the 1990s bull market, shorted stocks as the Nasdaq collapsed and made — and sometimes lost — vast fortunes. […]
Private investors crowded out as hedge funds grow
Reuters – The world’s super-rich will soon become marginal financiers in the hedge fund industry as the business they invented is increasingly dominated by large institutional investors, fundmanagers say. Billionaires and other individuals rich enough to spend most of their […]
Hedge fund industry appears to be cooling off – Salt Lake Tribune
During the past decade, hedge fund managers have emerged as masters of a secretive, $1.08 trillion universe. They rode the ’90s bull market, shorted stocks as the Nasdaq collapsed and made – and sometimes lost – vast fortunes. Now, the […]
SEC Investigates Bankruptcy Committees in the U.S. Over Hedge-Fund Fraud
(Bloomberg) — The U.S. Securities and Exchange Commission is investigating the growing role of hedge funds in bankruptcy proceedings on concern money managers are overstating their bond holdings to get access to inside information. SEC officials are trying to determine […]
European Fund Management Lobby Urges Simpler Hedge Fund Laws
BRUSSELS -(Dow Jones)- The European Fund and Asset Management Association Monday called for harmonization of rules governing European Union hedge funds and funds of hedge funds, warning that failure to regulate the market is stifling Europe’s economic growth. In a […]
Hedge funds demand Versatel board changes
LONDON, Nov 28 (Reuters) – Hedge funds representing 15.5 percent of shares in Dutch telecoms firm Versatel demanded changes to its supervisory board on Monday, continuing their resistance to a takeover by Sweden’s Tele2 AB (TEL2b.ST: Quote, Profile, Research). Tele2 […]
Banks’ revenues from hedge funds to slip-research
LONDON, Nov 28 (Reuters) – Investment bank revenues from servicing hedge funds are expected to slip after strong growth this year partly because of greater competition, Morgan Stanley said in aresearch note. Morgan Stanley estimates prime brokerage divisions of investment […]
ECB says hedge funds may pose some risks to EU banks
FRANKFURT (AFX) – The expansion of the hedge fund industry may pose some risks to EU banks, even if their direct exposure to hedge funds is fairly limited, the European Central Bank said in a report. EU banks’ direct exposure […]
Hedge fund activist turns up heat
(Chicago Tribune) – NEW YORK — There is little doubt that the increasingly opulent hedge fund community–if there is one–is proud of William Ackman’s charge on McDonald’s Corp. That an aggressive hedge fund manager like Ackman, general partner of New […]
Rogue investors on Big Mac attack
(Toronto Star) McDonald’s Corp., world’s largest fast-food chain, has been turning cartwheels to please investors. But to little avail. It’s one of many blue-chip firms in the United States and Canada coping with a speculative assault that in some ways […]