Yearly Archives: 2007
Hedge Funds Oppose Northwest Offering
A group of hedge funds that holds Northwest Airlines Corp. stock is asking the bankruptcy court to delay a ruling on the company’s request to conduct a rights offering to raise up to $750 million to fund its bankruptcy exit. […]
Fueled by hedge fund growth, investment jobs triple in Conn.
Hartford, Conn. — Hedge fund growth is fueling a striking increase in the number of investment jobs in Connecticut, state officials report. The number of jobs in Connecticut, long a magnet for the investment industry because of its proximity to […]
Yen exchange rate and hedge funds
India – The yen and hedge funds are at centre stage, but what will happen if China diversifies into holding the yen. In an earlier article, I had referred to the large bets of hedge funds in the “carry […]
Investcorp Launches Early Stage Fund and Wins Hedge Fund Award
HedgeCo.net – Bahrain-based $5 billion hedge fund Investcorp has won the Institutional Hedge Fund Manager award at the inaugural Hedge Funds World Awards in Dubai. The awards are designed torecognise and encourage excellence in the Middle East hedge fund industry. […]
Compatibility of pension funds, hedge funds questioned at hearing
Washington – The possibility of limiting pension fund involvement in hedge funds was raised last week by legislators and hedge fund industry representatives at a hearing on Capitol Hill on howmuch risk hedge funds pose for financial markets. Limitation on […]
The Activist Hedge Fund Strategy
A draft research paper by several U.S. professors shows that activist hedge funds create shareholder value through their interventions, especially for more aggressive forms such as a sale of the company, change in business strategy, or a restructuring (like […]
Investec-Blackfish Hedge Fund Launch
HedgeCo.net – Investec Bank and Blackfish Capital Management launched a long/short natural resources hedge fund on March 1 with a plan to raise $300 million over the next six to 12 months from undervalued stocks in the mining and resources […]
Flexible Cayman paves way for more Islamic business
HedgeCo.net – The new Arabic language facility introduced by the General Registry in Cayman will trigger more valuable business from the Islamic region, according to a leading funds lawyer. Ogier partner Gray Smith, who practices Cayman law from London, said […]
Hedge Fund Closures Erase 35 Billion Dollars from Industry
New York – At least 83 U.S. hedge funds — which had at their collective peak been managing about $35 billion — shut their doors in 2006, according to a survey published in the March issue of Absolute Return. The […]
Dow Jones Changes the Financial News Game by Delivering News Optimized for Algorithmic Trading and Quantitative Analysis
HedgeCo.net – NEW YORK, (March 19, 2007) – Dow Jones & Company (NYSE: DJ) today announced the launch of the Dow Jones Elementized News Feed. This ultra-fast, innovative feed revolutionizes the way news can be utilized by delivering richer, computer-readable […]
Mily Phan joins Harcourt Investment Consulting AG in the role of Director of Business Development for France
HedgeCo.net – Harcourt Investment Consulting AG is pleased to announce an important addition to its Business Development team: Mily Phan will be joining Harcourt in Geneva as Director within thebusiness development team and will be responsible for the French market, […]
Hermes attacks
Edinburgh – Activist hedge funds pressing for corporate change tend to create more noise than value and can make it harder for companies to work out what shareholders are telling them, fund managerHermes said. Mark Anson, chief exective of Hermes, […]