Monthly Archives: November 2005

Commodity Futures Interest Rising In Australia

SYDNEY (Dow Jones)–Slow on the uptake, Australian investors are starting to warm to commodities in a sign the likes of metals, crops and energy are becoming a mainstream asset class. Fund managers in the country report an uptick in interest […]

Hedge Funds Work for Yale, but Will They Work for You?

(New York Times) DEEP-POCKETED investors have done famously well by depositing some of their surplus millions in hedge funds. The Yale University endowment, for example, has relied heavily on hedgefunds over the last two decades to earn annual returns of […]

Pension Officers Putting Billions Into Hedge Funds

(New York Times) Faced with growing numbers of retirees, pension plans are pouring billions into hedge funds, the secretive and lightly regulated investment partnerships that once managed money only for wealthy investors. The plans and other large institutions are expected […]

Hedge Funds Buy Copper on Speculation China Needs to Cover Bets

(Bloomberg) Hedge-funds including Winton Capital Management are buying copper on speculation China will purchase the metal to cover wrong-way bets by a government trader. Speculators helped send prices to a record high this month, saying China may need to buy […]

Morgan Stanley offered to buy $5 bln hedge fund-report

PHILADELPHIA, Nov 24 (Reuters) – Morgan Stanley (MWD.N: Quote, Profile, Research) recently offered to buy $5 billion hedge fund FrontPoint Partners, but a deal never materialized because the two parties couldn’t agree on a price, The New York Times reported […]

Shareholders take on role of activists

Major shareholders are increasingly turning into activists, putting pressure on executives in almost every industry to step up their performance at the risk of losing their jobs — or theircompanies. Some of the activism, often by hedge funds, is pushing […]

Basel bank chief urges more hedge fund transparency

(Reuters) – The world’s leading banking regulator called for more transparency in hedge funds, saying banks needed to control just how much potential risk they faced when dealing with thecontroversial industry. Jaime Caruana, Chairman of the Basel Committee on Banking […]

Hedge fund sector helps Cayman’s children

Cayman’s hedge fund community rallied together this month in support of a new Cayman charity formed to eradicate and assist the victims of child abuse. At a benefit dinner held on 3 November at the Grand Old House, a net […]

Could hedge funds hurt the U.S.?

(CNNMoney.com) – Do hedge funds harm or help the economy? That question was raised recently not by concerned regulators or central bankers but by one of the most famously successful hedge fund managers in the world. Speaking at a forum […]

Oil investors facing hedge fund talent crunch

SINGAPORE, Nov 22 (Reuters) – Big-money investors aiming to profit from volatile energy prices are facing an unexpected obstacle: a dearth of experienced managers and traders in the fund industry, a conference heard on Tuesday. The shortage of trusted trading […]

Judge drops charges against ex-CIBC exec ‘

NEW YORK — A state judge dismissed charges Monday that were filed against a Canadian Imperial Bank of Commerce official who had been accused of aiding an improper trading scheme that stole more than$2 million from two mutual funds. State […]

Dollar May Gain After Fed\’s Moskow Signals More Rate Increases

(Bloomberg) — The dollar may rise for a second day against the euro after Federal Reserve Bank of Chicago President Michael Moskow said more interest-rate increases may be needed. The U.S. currency has gained almost 16 percent versus the euro […]