Yearly Archives: 2007
Hedge Funds for All
Hedge funds, whose velvet ropes traditionally excluded the small retail investor, are coming to Main Street. Goldman Sachs, Merrill Lynch, and J.P. Morgan have rolled out tools to replicate, or clone, hedge fund-style performance without the standard fees, which […]
Hedge fund firm Odey eyes pension assets
London – Odey Asset Management, the hedge fund firm set up by high-profile manager Crispin Odey, plans to launch a range of new funds and hopes to capitalise on growing demand from pension schemes, its chief executive told Reuters. David […]
Hedge funds hit the spot in Japan
Investing in hedge funds by wealthy Japanese more than doubled in the year to last March, according to an authoritative survey from Japan’s financial watchdog, reports the FT. The report, issued this week by the Financial Services Agency, also showed […]
Citigroup In Talks Over $600m Hedge Fund Buy Out
HedgeCo.net – Citigroup has been in talks with year-old hedge fund Old Lane, with a plan to spend $600m on the acquisition of the hedge fund. At an estimated 45% gross margin on $150 million inrevenue, the hedge fund could […]
Carlyle Group to Launch Hedge Fund Business
HedgeCo.net – Private equity firm Carlyle Group is launching a $1 billion hedge fund called Carlyle Multi Strategy Partners, the fund is said to have a wide-ranginginvestment strategy. Last year, the $56 billion firm hired 2 new managers to head […]
The Running of the Hedgehogs
New York Magazine – Not so long ago, the talk about hedge funds was all about their moneyâ€â€some guy you’d never heard of buying an $80 million piece of art or a $25 millionteardown in Greenwich, Connecticut, or paying himself […]
CBB Sets Up Hedge Fund Regulations
HedgeCo.net – The Central Bank of Bahrain (CBB) is finalizing new regulations that they hope will open up the development of a regional industry of hedge funds, derivatives and other alternative investment instruments. Requirements for the registration of such higher […]
Rivals to Bid in Hedge Fund Driven Dutch Bank Sale
HedgeCo.net – The Royal Bank of Scotland Group and Spanish bank Grupo Santander Central Hispano of Madrid are combining their efforts to counter bid Barclays in the hedge fund driven sale of Dutch bank ABN. ABN Amro Holding was in […]
British Hedge Funds Back Up TCI In Dutch Bank Attack
HedgeCo.net – ABN Amro Holding NV said last week it was in preliminary discussions with Barclays about creating a company worth more than $160 billion, this comes after pressure from activist hedgefund TCI asking to split up of the Dutch […]
Watchdog fears hedge funds behind takeover talk
Stockhouse Canada – The Financial Services Authority has launched a probe into suspicious share price movements involving leading British companies rumoured to be takeover targets. Officials fear that hedge funds or other investors may be spreading rumours purely to extract […]
Hedge Fund Investors of Tommorow Compete
HedgeCo.net – Over 2,000 post-secondary students acted as hedge fund managers for the InvestYoung National University Stock Market Competition which ran from October 16, 2006 to March 9, 2007.Approximately 20,000 trades were executed on over 2,800 symbols across all major […]
Alea Group Agrees to Hedge Fund Takeover
HedgeCo.net – Alternative asset manager Fortress Investment Group has announced plans to buy up re-insurance company Alea Group Holdings for £162 million. ($319.6 million) “The independent directors are pleased to recommend the acquisition, which results from the strategy that management […]