Monthly Archives: November 2005
Hedge funds’ role seen positive in restructurings
NEW YORK, Nov 14 (Reuters) – U.S. bankruptcy code changes enacted last month make it more difficult for debt-strapped companies to restructure on their own terms, but the rising role of hedge funds may be offsetting those challenges, experts said […]
Hedge-Like Mutual Funds Attract Investors
( www.financial-planning.com ) – November 14, 2005- For investors, the newfangled funds offer guaranteed performance with different strategies that protect investors from market swoons better than traditional mutual funds. They also offer lower fees than pure hedge funds, as well […]
New hedge fund non-profit aims to inform, not promote
NEW YORK, Nov 14 (Reuters) – With more institutional investors looking to hedge funds to boost returns, objective information about the secretive asset class is more in demand, particularly at a time when fraud seems on the upswing, experts say. […]
Hedge funds do U-turn
LONDON, Nov 14 (Reuters) – Hedge funds retreated from currency markets in October because they lost money on short dollar positions, but have since returned and are now betting on higher levels, industry officials said. Hedge funds have lost or […]
Hedge fund K Capital pressures OfficeMax
BOSTON, Nov 14 (Reuters) – Hedge fund K Capital, the largest shareholder in office supplies chain OfficeMax Inc. (OMX.N: Quote, Profile, Research), on Monday told the company that it wants management to put together a detailed turnaround plan to help […]
Hedge Fund Sleuths
BusinessWeek – The recent high-profile blowups of two hedge funds, Bayou Management and Wood River Capital Management, have raised an important question: What can hedge fund investors do to avoid getting burned by unscrupulous managers? The answer: Quite a bit, […]
EU pensions committee eyes hedge fund role
IPE.com 14/Nov/05: EUROPE – The European pensions supervisory committee CEIOPS wantsto serve as a focus for debating issues that impact occupational pension supervision from other sectors, such as hedge funds. “CEIOPS should serve as the lead forum for discussing any […]
Hedge funds outraged at 50 stg FSA breakfast
LONDON, Nov 14 (Reuters) – The trillion dollar hedge fund industry was aghast on Monday at having to fork out 50 pounds ($87.06) a head for a buffet breakfast briefing on how to do their job correctly with Britain’s Financial […]
Hedge fund boot camp prepares US SEC inspectors – Reuters
(Reuters) – Intensive training is under way for federal employees about to match wits with some of the world’s keenest money minds when the U.S. Securities and Exchange Commission starts inspecting hedge funds. In three months, the SEC’s Office of […]
McDonalds-likely to stand firm
McDonald’s management has already rejected the call from Pershing Square Capital Management, which will present its plan to the investment community at the Value Investing Congress in New York on Tuesday. The fund holds a 4.9 percent stake in the […]
Mass-market hedge fund created
Barclays is to launch a hedge fund product for small investors, becoming the biggest British financial services firm to try to sell so-called alternative investments to the British mass market. It has set the minimum investment at £7,000 – a […]
Hedge Fund Services May Bring Wall Street a Record $7.5 Billion of Fees
(Bloomberg) — Hedge funds will pay Wall Street record fees this year for brokerage services, a business dominated by Morgan Stanley, Bear Stearns Cos. and Goldman Sachs Group Inc. The securities industry’s annual revenue from lending shares and cash, clearing […]