Yearly Archives: 2007
Hedge Funds: Good Activists?
Conde Nast Portfolio- Hedge funds, even at their peak of popularity, were regarded with considerable suspicion. They have taken a shellacking in the last few months as subprime tainted funds have folded or reported poor results, and “quant” strategies have […]
Cheyne selling SIV assets
LONDON (Reuters)- Cheyne Finance, a structured investment vehicle (SIV) managed by hedge fund Cheyne Capital Management, said on Wednesday it was seeking to restructure after the value of its investments fell enough to force it to start selling assets. Standard […]
Cayman Island Hedge Fund Bankruptcy Decision on Hold
West Palm Beach (HedgeCo.Net)- Judge Burton Lifland of the southern New York court recently announced his decision regarding the bankruptcies of two Bear Stearns Cayman Island hedge funds,Lifland said that he is keeping the funds’ assets out of creditors’ reach […]
Asia hedge funds’ simplicity may be saving grace
SINGAPORE/HONG KONG (Reuters)- The Asia-Pacific’s hedge fund industry, long seen as less sophisticated than its U.S. and European peers, is about to find out its focus on equities rather than complicated debt instruments may be its saving grace. Even though […]
BNP funds keep heads off block
Financial Standard- Two of BNP Paribas’ re-opened fixed income funds have been spared the guillotine and emerged with minor scratches after the company announced official valuations yesterday. BNP’s funds defied expectations by returning smaller than expected losses, with the Euribor […]
Recession fears as more hedge funds crumble
ABC Online- An influential global economist has warned the widening financial crisis could plunge the world into recession, as an Australian company becomes the latest victim of the market turmoil. The Sydney-based hedge fund Basis Yield Alpha, run by entrepreneurs […]
Activist Hedge Funds’ Secret Sauce
Seeking Alpha – In a follow-up to Monday’s posting about the impact of hedge fund activism, here are two recent studies that seem to support the OECD’s claim that activist hedge funds are good for corporate governance. Both of them […]
Recession fears as more hedge funds crumble
ABC Online – An influential global economist has warned the widening financial crisis could plunge the world into recession, as an Australian company becomes the latest victim of the market turmoil. The Sydney-based hedge fund Basis Yield Alpha, run by […]
Merkel urges greater transparency for hedge funds, rating agencies
Earthtimes – German Chancellor Angela Merkel called for greater transparency in the workings of hedge funds and rating agencies, while speaking to Japanese business people in Tokyo on Thursday. Staking out the German government’s oft-repeated position, Merkel said the risks […]
Asia hedge funds simplicity may be saving grace
Reuters – The Asia-Pacific’s hedge fund industry, long seen as less sophisticated than its U.S. and European peers, is about to find out its focus on equities rather than complicated debt instrumentsmay be its saving grace. Even though a fund […]
French Hedge Fund Postpones Redemptions
Forbes – Paris-based fund of hedge funds Stratus Fund Limited is postponing redemptions and halving its management fees due to losses incurred from the meltdown of Sentinel Management Group, a U.S.firm that manages short-term cash for commodity traders, such as […]
Top Fund Managers Made 22300 Times Average Wage, Study Says
Bloomberg- Top private-equity and hedge fund managers made more in 10 minutes than average-paid U.S. workers earned all of last year, according to a new study from two research groups. The 20 highest-paid fund managers made an average of $657.5 […]