Monthly Archives: January 2006
Hedge funds bet on Alitalia, despite strike
Reuters.uk – Despite wildcat strikes and talk of bankruptcy hanging over Alitalia, two investors have bought big stakes in the carrier, and hedge fund sources say it is part of a trend to buyairlines seen as cheap in a bull […]
Liquidity Fire Trap?
Safe Haven – Following a near melt-up in share prices at the beginning of this month, markets have suddenly become unstuck. Rattled in part by disappointing results from the likes of Intel, GeneralElectric and Citigroup, as well as jitters over […]
N.J. turns to Hedge Funds for pensions
Philadelphia Inquirer – New Jersey’s state-employee pension fund for the first time will put money into hedge funds, the state’s top investment official said. The fund also plans to hire advisers to try to double or triple its investment in […]
Hedge Fund Flows Fall by $824 Million in 4Q 2005
Returns average 2.13 percent for the quarter and 9.35 percent for the year; Emerging Markets up 20.9 percent for 2005; Event-Driven and Equity Hedge see strong flows HedgeCo.Net – CHICAGO – January 25, 2006 – Hedge funds experienced the first […]
Buyout vet Lee says hedge funds boost private equity
Reuters – The increasing presence of hedge funds onto private equity turf works in favor of buyout funds, Thomas Lee, the billionaire, founder and namesake of private equity firm Thomas H. LeePartners, said on Wednesday. “I think you will see […]
Hedge fund drops campaign against McDonald’s
Reuters – Pershing Square Capital Management on Wednesday said it dropped its activist campaign against McDonald’s Corp. (MCD.N: Quote, Profile, Research) and threw its support behind the growth plan the fast-food chain outlined on Tuesday. McDonald’s stock fell after Pershing’s […]
Novartis calls for probe of hedge funds
MSNBC – The head of Novartis, Daniel Vasella, has called for regulators to look into hedge funds and the media after growing concerns about their roles during recent speculation over his company’s takeover plans. Dr Vasella, chairman and chief executive […]
Barclays Passes GLG, Vega to Europe’s Top Hedge Fund Ranking
Bloomberg – Barclays Global Investors, the fund management unit of Barclays Plc, overtook rivals GLG Partners LP and Vega Asset Management as the largest European manager of hedge funds, according toInstitutional Investor’s Alpha magazine. BGI had $13 billion of assets […]
Letter avoids Hedge fund concern
Charlotte Observer – When hedge fund Mangan & McColl Partners sent its regular update to investors this month, the firm left out a significant event: One of the partners had been sanctioned byregulators. Instead, the Jan. 19 letter stuck to […]
Hedge Funds Expect More Defaults
MSNBC – Hedge funds and other investors in North American distressed debt are hoping to benefit from a rise in corporate default rates but think the increase in 2007 will be more dramatic than in 2006, according to a new […]
Buying a Dollar of Assets for 60 Cents
Business Week Online – To manage a global mutual fund with an opportunistic bent, it can’t hurt to have an international upbringing and experience at a hedge fund. That’s the case with Anne Gudefin, lead portfolio manager of the $8.3 […]
Talking Hedge Fund Registration With Nir Yarden
TheStreet.com – With a Feb. 1 deadline looming, hedge funds are getting ready to register as advisers under a new Securities and Exchange Commission rule. Most funds are complaining about the new burden of legal and operational obligations, but unless […]