Monthly Archives: January 2006
CMA Works with JPMorgan to Structure and Issue a Leveraged Certificate
HedgeCo.Net – Capital Management Advisors (CMA) has recently worked with JPMorgan to structure a three times leveraged certificate with a notional of EUR 15,000,000 linked to the Caravela Fund and the original CMA Multi-Hedge fund of funds. The certificate was […]
UBS fined $49.5 million for market-timing for hedge fund clients
San Diego Union Tribune – UBS Financial Services Inc. was fined $49.5 million Thursday by the New York Stock Exchange and state regulators in New Jersey for improperly trading mutual funds on behalf of hedge funds and other clients. According […]
US expert predicts big future for hedge funds
BEIJING, Jan. 14 — China will see a more favourable environment including more openness, liquidity and interest from the investing public – for the development of hedge funds over the next three years, predicts a US expert. Hedge funds are […]
Glazer’s hedge fund backers mirror pitch problems of Man Utd
Backers of the Glazer family’s controversial £690m takeover of Manchester United are having as much trouble off the field at the club is having on it. In the seven months since the Glazers assumed control, Man Utd has lost its […]
Burger King owners relish a highly profitable float
THE three private-equity firms behind the Burger King fast-food chain expect a whopper of a payout as they prepare for a potential $2.5 billion (£1.3 billion) flotation. Texas Pacific Group, Bain Capital and Goldman Sachs Capital Partners, the buyout shops […]
New Fed chief has two tough acts to follow
St. Paul Pioneer Press – Imagine that you wake up one morning with the power to rattle or rally financial markets across the globe, determine the strength or weakness of the U.S. dollar and encourageor discourage the purchases of cars […]
New AIMA Appointments
The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment industry association, announces the appointment of a Director of its Hong Kong branch and a Research Consultant in London. Tim Kay has been appointed as a […]
Asset manager gets strong boost from hedge-fund performance fees
SAN FRANCISCO (MarketWatch) — Two years after agreeing to pay massive penalties for its role in the mutual-fund industry’s improper trading scandal, Alliance Capital Management Holding L.P.’s fortunes are looking brighter. The New York-based asset manager (AC61.66, +0.19, +0.3%) is […]
Man Group Gains $700 Mln of Hedge Fund Investments
Bloomberg – Man Group Plc, the world’s biggest hedge fund company, said the amount of money added by customers in the fiscal third quarter more than tripled after it opened a new fund. Investors added a net $700 million in […]
Hedge fund manager seeks fallen growth stocks
NYdailynews.com – Going against the crowd can be rough on investors, but Manny Weintraub believes that underneath those bumps are some real gems. Weintraub heads Integre Advisors, a New York-based long-only hedge fund that invests about $140 million for high-net-worth […]
Hedge funds caught out by dollar slide versus yen –
Reuters – Hedge funds were caught off-guard by the dollar’s recent lurch lower versus the yen and much like last year may struggle with the currency pair in 2006, industry analysts said. That, however, mainly applies to global macro funds, […]
Hedge Fund Says Court Denies Bally Motion
MSN Money – A hedge fund that is agitating for leadership change at Bally Total Fitness Holding Corp. said Thursday that a Delaware court has denied a motion by the health club operator to speed upthe legal process that would […]