Yearly Archives: 2007
Asian Start-Up Set To Launch With A Record $1 Billion Hedge Fund
According to a report in the Financial Times, the first start-up independent Asian hedge fund is likely to begin with more than US$1bn and is expected to launch in the coming weeks, according to people familiar with the situation. This […]
Union leaders to Develop International Response to Growth of Hedge Funds
Amid the spectacular growth of hedge funds investments, trade union leaders from more than 20 countries are to meet at OECD Headquarters in Paris on the 16 March to discuss the impact of hedgefunds on employees’ job security and pensions.In recent […]
Activist Hedge Fund To Sell Stocks in Gartmore
Activist hedge fund Carrousel Capital had agreed to sell its shares in £386 million ($744.8 million) Gartmore European Investment Trust, refusing the option of a tender offer to close out itsposition at a tight discount. The hedge fund currently owns […]
Judge Orders Hedge Fund Disclosure in Northwest Case
Judge Allan Gropper of the U.S. Bankruptcy Court in New York ordered hedge funds to disclose the details of their holdings in Northwest Airlines. “Any interest that individual committee members may have in keeping this information confidential is overridden.” Gropper’s […]
MFA Comments on SEC’s Proposed Accredited Natural Person and Antifraud Rules
HedgeCo.net – WASHINGTON, D.C., March 12, 2007 — Managed Funds Association (MFA) submitted a comment letter to the Securities and Exchange Commission (SEC) on Friday, March 9,2007 in response to its request for comments regarding its proposed rules on “Accredited […]
Hedge funds seen quaking over U.S. subprime
NEW YORK – European investors including UK hedge funds may drop U.S. subprime mortgage investments given a lack of transparency and mispricing of risk, two business professors said on Thursday. Joseph Mason, a professor at Drexel University’s LeBow School of […]
Hedge funds may target other banks
ZURICH – A campaign led by British hedge funds to force major changes at Dutch bank ABN could, if successful, lead to other European banks being targeted in the same way, say bankers and analysts. But it is still far […]
Solving the Hedge Fund ‘Deadweight’ Fee Problem
Last week both Ford (F) and Delta (DALRQ) got off their deathbeds to hand out goodies to many of their employees. Response was swift as bloggersand columnists asked why a company like Ford that lost $12.7 billion last year was […]
Hedge funds must disclose Northwest Airlines stakes judged rules
New York – A U.S. bankruptcy court judge ordered hedge funds to disclose details of their holdings in Northwest Airlines, a ruling that may quell the enthusiasm of investor groups for banding together and exerting influence over bankrupt companies. The […]
Hedge Fund Analyst Claims Flaws in SEC Rules
HedgeCo.net – Hedge Fund Analyst Justin Meyer submitted public comments on an SEC Rule Proposal that would change the standards for who could invest in a hedge fund, raising the minimum net worth values. Meyer is the Senior research analyst […]
Thales Launches 130/30 Strategy
HedgeCo.net – New York, NY, March 10, 2007 – Thales Fund Management is formally announcing the launch of the Leros Fund — a quantitatively managed 130/30 strategy designed to match or exceed the returns of broad-based US equity indices with […]
Winners Amid Gloom and Doom
When Amaranth Advisors, the $9.5 billion hedge fund, collapsed, Citadel Investments and JPMorgan swooped in for the leftovers. After the Sept. 11 attacks and Hurricane Katrina, reinsurance companies sprouted like weeds to take advantage of soaring premiums. So it is […]