Yearly Archives: 2007

Business Day South Africa- The formation of 33 new hedge funds in the year to end June helped boost total industry assets under management by almost 70% to R25,9bn, excluding money in unit truststhat use leverage. According to the 2007 […]

ZURICH Reuters- Whether a $75 billion fund to rescue the battered mortgage-backed securities market takes off or not, its sponsor U.S. Treasury Secretary Henry Paulson seems to be losing the argumentover its merits, strategists and economists said. The fund, announced […]

Zawya.com- The petrodollar-driven sovereign wealth funds (SWFs) will become major powerbrokers in global financial markets, said Walter Kielholz, chairman of Credit Suisse Group. Speaking at a symposium, The Changing Contours of Global Finance organised by the Institute of International Finance, […]

Baltimore Sun-  Bear Stearns Cos. and a Chinese government-controlled securities firm agreed yesterday to invest $1 billion in each other and combine some operations in Asia, giving the U.S.brokerage an entrance into China’s insular financial sector. The investment is the […]

Money Marketing- The convergence between hedge fund and equity market returns could cause confusion on how such funds should be used to diversify investment portfolios, says the Bank of New York Mellon. A study conducted by the bank and research […]

BusinessWeek- The Nobel prize “for having laid the foundations of mechanism design theory” was split three ways between Hurwicz, an emeritus professor at the University of Minnesota; and two academics from the next generation who built on his work: Eric […]

New York Daily News -Hedge funds may be all the rage with rich folks, but their skyhigh minimum investments leave ordinary investors out in the cold. But a growing number of mutual funds that invest like hedge funds are allowing […]

CNBC – Australian bank Macquarie raised its offer for Techem to 1.43 billion euros ($2 billion), 5.4 percent more than its previous bid and thefourth offer for the German metering company. Techem shares were indicated 18 percent higher in trading […]

Atlanta Business Chronicle -Hedge fund investors have put Delta Air Lines Inc.’s pilots on alert by shorting Delta stock just as CEO Richard Anderson renewed speculation that the airline couldcombine with a rival. Delta pilots, who met recently to get […]

Reuters.uk- The UK Takeover Panel said on Friday Australian hedge fund manager Monterrey Investment Management had failed to disclose dealings in iSOFT  and IBA Health Ltd  as required bytakeover regulations. It said Monterrey acquired 13.2 percent of iSOFT shares between […]

CNN Money – Government-controlled investment funds from China, Saudi Arabia and other countries will face pressure this week from finance ministers of the world’s richest countries concerned abouttheir lack of transparency and potential to gain stakes in companies linked to […]