Tag Archives: reputation
Talk of Harbinger stake in African Minerals
Telegraph.co.uk – The chatter was that Harbinger, a powerful US hedge fund run by Philip Falcone, has built a small stake in African Minerals and has been talking to London brokers in recent days about picking up more stock. Harbinger […]
Hedge fund returns up
Stuff – Hedge funds are living up to their high-flying reputation again with strong returns in the last three months, but many investors burned by last year’s losses are clamoring for reforms before committing new money. Final June quarter data […]
Hedge fund returns are up, redemptions down
Reuters India – Hedge funds are living up to their high-flying reputation again with strong returns in the last three months, but many investors burned by last year’s losses are clamoring for reforms before committing new money. Final June quarter […]
SEC Charges Hennessee On Bayou Hedge Fund Miss
Post Chronicle – U.S. securities regulators charged a prominent hedge fund industry executive on Wednesday with failing to properly review collapsed hedge fund Bayou Group before recommending that their clients invest. Hennessee Group and its principal Charles Gradante, who runs […]
Pensions seen fuelling hedge fund industry growth
Reuters – Pension funds will likely funnel more money into hedge funds and become a powerful engine of growth for the industry in the coming months, a hedge fund industry veteran said on Wednesday. "We are finding that corporate pension […]
Activist hedge fund moves on Abitibi
Globe and Mail – A U.S. hedge fund with a reputation as an activist investor has become the biggest shareholder in AbitibiBowater Inc., putting added pressure on management at the struggling paper giant to find a speedy solution to its […]
Famed for piety, Jacob Merkin put faith and funds in Bernie Madoff
New York Daily News – Jacob Ezra Merkin was once revered as a wizard of Wall Street, an angel of charity and a lion of Judaic studies. Now he has earned infamy as a destroyer of wealth, a menace to philanthropy, a […]
Hedge Funds Will Be Ruined by Withdrawal Limits:
Bloomberg – Looking for a new definition of a hedge fund? How about an organization that takes 20 percent of the profits on your money in the good times, then refuses to let you have it back when the weather […]
