Tag Archives: new-money
DILLARD’S HEATED AT HEDGIES
New York Post – Three board members at the embattled Dillard’s department-store chain lashed out at a pair of hedge funds that are agitating to oust the retailer’s top management. In a rare public statement, the Dillard’s trio of independent […]
Dillard’s Board Members Reject Hedge Fund Advances
New York (HedgeCo.Net) – Three Dillard’s Inc board members rejected a plea from hedge funds to have the company’s CEO, William Dillard II, booted from the chair. Barington Capital Group LP and Clinton Group Inc. had been calling for the […]
Gottex hedge funds impacted by high redemptions
Hedge Funds Review Magazine – Troubled Swiss-based alternative asset management group Gottex Fund Management Holdings said assets under management (AUM) were down over $2 billion to $13.5 billion at September 30, 2008, compared with $15.6 billion at June 30, 2008. […]
Hedge-Fund Clients Pulled $43 Billion Last Month, TrimTabs Says
Bloomberg – Investors withdrew a record $43 billion from hedge funds in September as they fled distressed-securities and stock funds because of poor performance, TrimTabs Investment Research said today. The estimated outflows were the most since TrimTabs started tracking the […]
California Hedge Fund Manager Charged with “Porfolio Pumping”
New York (HedgeCo.Net) – The Securities and Exchange Commission charged San Francisco-based MedCap Management & Research LLC and its principal Charles Frederick Toney, Jr. with defrauding investors via “portfolio pumping.” “Fund investors relied on MMR and Toney to abide by […]
New York Hedge Fund Fails to Gain Seats on Board
New York (HedgeCo.Net) – New York hedge fund Elliott International’s quest to place two members of its team on the board of New Zealand-based Telecom has officially come to an end when they failed to win the bid at the […]
Medvedev demands action to lure funds into Russian mkt
Forbes – Russia’s government and central bank must act to lure additional funds into its financial market, President Dmitry Medvedev said on Thursday. "The government and central bank should undertake all necessary measures to ensure inflows of additional funds into […]
Investments in Asia hedge funds halved
Reuters Singapore – Investors almost halved the money they put into Asia-focused hedge funds in the second quarter compared to the first three months of the year as a selloff in stocks hurt appetite for risky assets, data showed. Asia-focused […]
Investments in Asia hedge funds halved in Q2
Reuters – Investors almost halved the money they put into Asia-focused hedge funds in the second quarter compared to the first three months of the year as a selloff in stocks hurt appetite for risky assets, data showed. Asia-focused hedge […]
