Author Archives: the HedgeCo News Team
UK’s biz tycoons to flee high-taxed Britain
Indopia – Britain’s leading entrepreneurs are considering to leave the country as a mark of protest against UK Chancellor Alistair Darling’s new 50 per cent tax rate, a media report says. " Hugh Osmond, the pubs to insurance entrepreneur, is […]
HudBay stokes interest of Indian mining giant
Globe and Mail – An Indian mining giant has quietly amassed a near 10-per-cent stake in HudBay Minerals Inc., HBM securing a major advantage over potential rival suitors for the Canadian zinc and copper producer that has hired advisers to […]
The last, frantic days of Perot family hedge fund
Dallas Morning News – To bank employees monitoring the hedge fund’s collapse, the e-mailed instructions were emphatic. "No securities, or cash, FOR ANY REASON are allowed to be sent out from JP Morgan." At issue that morning last November were […]
Hedge-Fund Divorcee Dives Into Art, Sex, Brooklyn: Book Review
Bloomberg – If there’s anything tougher than being married to a hedge-fund guy, it’s being divorced from one. That’s the lesson of Jill Kargman’s new novel, “The Ex-Mrs. Hedgefund.” Kargman specializes in the wealthy residents of Manhattan’s Upper East Side. […]
HudBay stokes interest of Indian mining giant
Globe and Mail – An Indian mining giant has quietly amassed a near 10-per-cent stake in HudBay Minerals Inc., securing a major advantage over potential rival suitors for the Canadian zinc and copper producer that has hired advisers to explore […]
French economy minister criticises EU hedge fund plan
Guardian Unlimited – Aspects of a planned European Commission directive to regulate hedge funds do not go far enough and must change to protect investors, French Economy Minister Christine Lagarde said in remarks published on Monday. The commission is […]
Citi Shareholders Show Rage at Annual Meeting
BusinessWeek – The anger was evident at Citigroup’s annual meeting on Apr. 21, where shareholders took turns at the microphone to object to how the bank has been operating. The meeting is usually a well-attended affair lasting many hours as […]
Environmental Defense Fund Commends New Calif. Hedge Against Higher Fuel Prices
West Palm Beach (HedgeCo.net) – The California Air Resources Board has adopted the world’s first Low Carbon Fuel Standard (LCFS), once implemented it can dramatically reduce the environmental impact of transportation, the Environmental Defense Fund says. The Environmental Defense Fund […]
JGB futures fall towards 6-mth low on supply worries
Guardian Unlimited – Japanese government bond futures fell on Monday, edging back towards six-month lows hit earlier this month, with traders citing selling by hedge funds on the back of concerns about rising debt issuance. The Ministry of Finance said […]
Hedge Fund Assets up to $91 Billion in March
West Palm Beach (HedgeCo.net) – Hedge fund assets under administration (AuA) have grown to $91 billion as of 31 March 2009 from $88 billion at 31 December 2008, according to hedge fund tech. and analytics procider GlobeOp Financial Services S.A. […]