Monthly Archives: March 2007
The Activist Hedge Fund Strategy
A draft research paper by several U.S. professors shows that activist hedge funds create shareholder value through their interventions, especially for more aggressive forms such as a sale of the company, change in business strategy, or a restructuring (like […]
Investec-Blackfish Hedge Fund Launch
HedgeCo.net – Investec Bank and Blackfish Capital Management launched a long/short natural resources hedge fund on March 1 with a plan to raise $300 million over the next six to 12 months from undervalued stocks in the mining and resources […]
Flexible Cayman paves way for more Islamic business
HedgeCo.net – The new Arabic language facility introduced by the General Registry in Cayman will trigger more valuable business from the Islamic region, according to a leading funds lawyer. Ogier partner Gray Smith, who practices Cayman law from London, said […]
Hedge Fund Closures Erase 35 Billion Dollars from Industry
New York – At least 83 U.S. hedge funds — which had at their collective peak been managing about $35 billion — shut their doors in 2006, according to a survey published in the March issue of Absolute Return. The […]
Dow Jones Changes the Financial News Game by Delivering News Optimized for Algorithmic Trading and Quantitative Analysis
HedgeCo.net – NEW YORK, (March 19, 2007) – Dow Jones & Company (NYSE: DJ) today announced the launch of the Dow Jones Elementized News Feed. This ultra-fast, innovative feed revolutionizes the way news can be utilized by delivering richer, computer-readable […]
Mily Phan joins Harcourt Investment Consulting AG in the role of Director of Business Development for France
HedgeCo.net – Harcourt Investment Consulting AG is pleased to announce an important addition to its Business Development team: Mily Phan will be joining Harcourt in Geneva as Director within thebusiness development team and will be responsible for the French market, […]
Hermes attacks
Edinburgh – Activist hedge funds pressing for corporate change tend to create more noise than value and can make it harder for companies to work out what shareholders are telling them, fund managerHermes said. Mark Anson, chief exective of Hermes, […]
Powerful hedge funds present a dilemma for Congress regulators
Washington – This much they could agree on: Hedge funds are big, growing and increasingly influential in global financial markets. But at a hearing of the House Financial Services Committee last week, lawmakers appeared uncertain about how even to […]
Direct Entry for Hedge Funds
The lure of the much-feared participatory notes, through which hedge funds now invest in the Indian stock markets, may soon wane. The Securities and Exchange Board of India (Sebi), the capital markets regulator, has for the first time directly […]
Chapman Hedge Fund Files Against eSpeed Inc.
Activist hedge fund Chapman Capital, filed a 13-D filing with the Securities and Exchange Commission in a bid to put electronic trading network eSpeed Inc. on the market. Robert Chapman said his hedge fund, which is eSpeed’s biggest shareholder with […]
F&C Launches Event Driven Hedge Fund Investor
HedgeCo.net – F&C Asset Management PLC is planning on launching its first private equity fund of funds product for institutional investors. The new fund will invest in event-driven hedge funds, which bet on M&A, share buy-backs and other corporate events. […]
HSBC Multi-Adviser Arbitrage Fund – “Fund of the Year”
HedgeCo.net – HSBC Alternative Investments Limited is pleased to announce that its longest running fund of hedge funds, HSBC Multi-Adviser Arbitrage Fund, won the prestigious Fund of the Year – Arbitrage category at the fifth annual InvestHedge Awards in New […]