Yearly Archives: 2007
Copycat hedge funds share big boys woes
BOSTON- Hedge funds have risen at an average annual rate of 8.4 percent since 2000, less than half the gains of the 1990s, according to data compiled by Hedge Fund Research in Chicago. Vanguard Group’s flagship mutual fund tracking the […]
US Treasury says hedge funds don’t need regulatory clipping
US hedge funds have enjoyed “tremendous” growth and gained more financial muscle, but the trillion-dollar industry of private capital pools doesn’t need fresh regulation, a senior Treasury official said Tuesday. Treasury under secretary for domestic finance, Robert Steel, said US […]
Private equity and hedge funds slug it out
Private equity firms are blackballing or banning credit hedge funds from participating in the leveraged loans and high yield bonds that back their buyouts and recapitalisations. The move is the latest sign of growing tensions between the two. While blackballing […]
British Rail Pension Fund Plans to Invest One Billion In Hedge Funds
HedgeCo.Net (New York) – Railpen, one of the largest pension funds in Britain with £18 billion ($35.3 billion) in assets under management is planning to move at least £540 million ($1 billion) into hedge funds this year. Chris Hitchen, Railpen […]
DaimlerChrysler Wary Of Possible Hedge Fund Takeover
HedgeCo.Net (New York) – DaimlerChrysler announced this month it was considering all options for Chrysler, including a split, but withoutChrysler, the Daimler group could be more of a takeover target for hedge funds. According to CNN Money, the likelihood of […]
Industry leaders gather for Hedge Funds World Conference in Dubai
HedgeCo.Net (New York) – The 8th annual Hedge Funds World Middle East Conference is being held at the Madinat Jumeirah in Dubai. Sponsored by Man investments, the event will play host to some of the biggest names in the alternative […]
Hedge Funds Grow Like Kudzu – Red Herring
CA-Hedge funds seem to be everywhere latelyâ€â€shifting assets into venture capital, capturing headlines, growing assets. Now a study points to a reason: There are lots more of them. The number of single-manager hedge funds increased to 13,675 at year-end […]
Government rejects new rules for hedge funds
WASHINGTON – The Bush administration and top financial regulators pledged increased vigilance over hedge funds Thursday but stopped short of proposing any new regulations to control thetrillion-dollar industry. Instead, the President’s Working Group composed of administration officials and various market […]
Hedge funds remain attractive regardless of returns – Cayman Net News
According to a number of reports, one of the Cayman Islands’ leading financial products, hedge funds, is not as lucrative as many have supposed, but its popularity remains at an all time high. Noted for the risky and exotic nature […]
Permira says hedge funds are serious rivals on bids
FRANKFURT – European private equity group Permira said at the weekend that the growing influence of hedge funds could spoil acquisitions planned by private equity firms in Germany. “Legal protection for minority shareholders de facto works to the advantage of […]
Hedge fund queries governance at Gartmore trust
LONDON (Reuters) – Carrousel Capital, an activist hedge fund trying to shake up Gartmore European, a trust run by star manager Roger Guy, said it is concerned about “apparent conflicts of interest” on the trust’s board. Carrousel, which owns 28.03 […]
Rail pension scheme shifts £540m into hedge funds
Railpen, the giant pension scheme that looks after the retirement savings of 380,000 railway workers, will move at least £540 million into hedge funds this year. In his first interview as chairman of the National Association of Pension Funds (NAPF), […]