Author Archives: the HedgeCo News Team
Exchange Club raises $75000 for Goodfellow Fund
Fort Worth Star Telegram – That sure looked like the Alaska governor moose hunting in downtown Fort Worth on Wednesday. And she found an already-well-stuffed target: business and political leaders generously donating money for Christmas gifts for 1,500 children, thanks […]
Hedge fund pushes Yahoo to sell search unit
San Francisco Chronicle – A major investor called on Yahoo Inc. to sell its search business to Microsoft Corp. on Wednesday, adding to the pressure on the Sunnyvale Web portal to restart talks with its rival. Meanwhile, Yahoo agreed to […]
Africa Roundtable Hedge Fund Update
West Palm Beach (HedgeCo.net) – The Opalesque South Africa Roundtable was held November 10th 2008 in their Cape Town Office. There, the participants also discussed the particularities of investing in Africa (ex-South Africa). South Africa’s equity and fixed income markets displayed […]
Hedge-Fund Collectors Browse Colorful Currencies at Lugano Show
Bloomberg – Switzerland’s asset managers and private bankers haven’t drawn much mirth from investing this year, making the timing of the “Art of Money” show in Lugano ironic. The exhibition by New York-based artist Jenna Lash features a dozen brightly […]
Are Managed Forex Accounts Suitable for Short-term Hedge Fund Investors?
West Palm Beach (HedgeCo.net) – In an interview with Geneva based Forex trader and currency specialist Robert Paulson, he said; "Trading the Forex market is for serious investors seeking alternative investment opportunities." Clients pulling out of hedge funds due to the […]
Even strong hedge funds may go under
Reuters – Even some strong hedge fund managers may not survive the ongoing credit crisis due to a lack of funding or credit, the president of hedge fund John W. Henry & Co. said on Tuesday. "There are going to be some […]
8th Circuit Rejects Hedge Fund’s Debt Collection Practice
Law.com – The 8th U.S. Circuit Court of Appeals has become the first circuit in the country to rebuff efforts by a hedge fund to call in a debt based on an alleged technical violation of bond terms in a […]
Neuberger Berman to buy Lehman Holdings
West Palm Beach (HedgeCo.net) – Due to their recent share decrease, Lehman Brothers Holdings Inc. has agreed to sell majority interest to asset manager Neuberger Berman. The transaction will create a new, independent investment management company to be called Neuberger […]
Hedge funds request Dillard’s corporate records
Forbes – A group of Dillard’s Inc. investors is asking the family that controls most shares in the department store chain for corporate records containing information on family and business relationships and perks given to directors or executives of the department store […]
Ronaldo Hermoso Appointed Director of Hedge Funds at OakRun
West Palm Beach (HedgeCo.net) – Hedge fund manager OakRun Capital announced the appointment of Rolando Hermoso as director of funds. Their newly launched Short Term High Yield Fund also delivered November annualized yield of 9.58%. Hermoso has over 27 years in […]
Surviving with a defensive game
Globe and Mail – Hedge fund manager Eric Sprott heaps praise on his "defensive team" for helping him survive this bear market. While some of his peers have cratered amid this year’s stock market crash, his short positions have kept […]
Investor starting long-short fund
Seattle Times – Bill Fleckenstein, a well-known Seattle investor who bets exclusively on falling stocks, is shutting his 12-year-old fund and starting a new one that will buy equities, too. Fleckenstein said he doesn’t think the worse is over in […]