Monthly Archives: January 2006

MSN MoneyCentral – One of Germany’s biggest “locusts” has praised the speed and efficiency with which the country is handling its economic problems. Bruno Scherrer, European head of Lone Star, the private equity group that has been the biggest buyer […]

KEYE Austin – (AP) The number of North American colleges with endowments topping $1 billion has jumped to 56, a new study says, with nine schools joining the elite club in what was an average year for university investments overall. […]

This is Money – Hedge fund managers of RAB Capital are set for another bumper payday as the quoted group shrugged off several months of poor performance to book profits of more than £25m, up 43% on the previous year. […]

Reuters – Investment bankers in Asia, emboldened by fat bonuses and unprecedented demand for their services, are expected to jump ship at a dizzying pace as the job-hopping season begins in earnest. Merrill Lynch, Citigroup and other banks are due […]

The Daily Yomiuri – Rising interest among investors has resulted in explosive growth of hedge fund investments in Japan, and 2006 will see both continued growth and good investment returns for an industry that is becoming mainstream. While many of […]

Globe and Mail – For months, investigators probing the collapse of hedge fund company Portus Alternative Asset Management Inc. have been searching for a stash of 100 diamondsallegedly bought by company co-founder Boaz Manor. Their search landed in Israel’s highest […]

Forbes – ABN Amro Holding NV said it agreed to acquire International Asset Management (IAM), a London and New York-based fund of hedge funds manager with around 2.6 bln usd of assets under management. The transaction is subject to the […]

Philadelphia Inquirer – A Boston hedge fund participated in an illegal scheme to drive down the share price of American Business Financial Services Inc., according to the bankruptcy trustee who is liquidating the former Philadelphia mortgage lender. Boston Partners Asset […]

Liberty Group Ltd., South Africa’s third-biggest insurer, is pressing ahead with plans to sell an Australian unit and a hedge fund business and hopes to complete the deals quickly, Liberty Chief Executive Myles Ruck said. Liberty may receive A$150 million […]

Reuters – Mellon Financial Corp. (MEL.N: Quote, Profile, Research) on Wednesday defended itsrecord and rejected calls from one its largest investors to split its investment management and processing businesses to help boost the company’s share price. In a firmly worded […]

Chicago Sun-Times – Insurgent shareholder William Ackman presented a new proposal to restructure McDonald’s Corp. on Wednesday — and the company rebuffed him a second time. Ackman said Oak Brook-based McDonald’s should put its company-owned restaurants into a separate corporation, […]