Monthly Archives: January 2008
HFR Hedge Fund Index Rebounds in April After Decline in March
Bloomberg – Hedge fund returns rebounded in April after starting the year with the worst performance in nearly two decades, according to early results from Hedge Fund Research Inc. Overall hedge fund returns increased 1.5 percent for the month ended […]
SEC Publishes Text of Rand Report on Investment Adviser
Washington, D.C., Jan. 3, 2008 – The Securities and Exchange Commission has received and posted on its Web site the text of the RAND Corporation’s final report on practices in the investment adviser and broker-dealer industries. The Commission has been […]
Hedge fund raises stake to block nationalisation
Guardian Unlimited- Pressure mounted yesterday on the government to nationalise Northern Rock after an activist investor in the stricken bank revealed it had increased its shareholding for a third time in three days, positioning itself to block deals that favour […]
Hedge fund boosts stake in troubled jeweler Zale
Tulsa World- Breeden Capital Management LLC has boosted its stake in Zale Corp., the largest U.S. jewelry chain by number of stores, to 13 percent, as the retailer strugglesto regain market share. Former Securities and Exchange Commission Chairman Richard Breeden […]
Dow Jones Top Hedge Fund Trades of 2007
Dow Jones Hedge Fund Trades announced in a a press release today the annual list of the best and boldest hedge fund moves. Among the top hedge fund trades were two deals by Atticus Management, which resulted in a collective […]
Hedge fund code
Financial News Online US- Plans for a hedge fund code of conduct need to be beefed up to protect institutional investors piling cash into the industry, Albourne Partners, one of the biggest UK specialist advisers, warned on Wednesday. Albourne said […]
Blackstone and Citadel looking at stakes in Australia
HedgeCo.Net- The Australian Financial Review reported that US hedge funds Blackstone and Citadel have both flown teams into Australia to discuss buying a stake in troubled shopping centre owner Centro Properties Group. Australian institutions including AMP, Colonial First State and […]
A Hedge-Fund Mystery
CFO.com- Last August was a bad month for the hedge-fund industry. According to fund tracker Barclay Hedge Ltd., about 75 percent of the 2,600 or so hedge funds that reported results for the month showed a loss, of about 1.4 […]
Ritchie Capital defends hedge fund, warns investors legal action could ‘damage value’
Chicago Tribune- A week after some investors tried forcing it into bankruptcy, Lisle-based Ritchie Capital defended management of its multi-strategy hedge fund and warned other investors that the group’s legal action could “cause further damage to the value of your […]
South African Hedge Fund Index Returns 15.56%
West Palm Beach (HedgeCo.Net)- The South African Times reported that their hedge Fund Index returned 15.56% over one year to November, while the month-on-month growth rate dipped by 1.67%. Director of Clade Investment Management Gavin Goldblatt said, “The volatility […]
Hedge fund RAB nudges up Northern Rock stake
Reuters- RAB Capital, a top investor in Northern Rock, has bought shares in the bank for the second time in two days, raising its stake to 7.5 percent ahead of a January shareholder meeting, a filingshowed on Friday. RAB and […]