Monthly Archives: March 2007
Hedge funds seen quaking over U.S. subprime
NEW YORK – European investors including UK hedge funds may drop U.S. subprime mortgage investments given a lack of transparency and mispricing of risk, two business professors said on Thursday. Joseph Mason, a professor at Drexel University’s LeBow School of […]
Hedge funds may target other banks
ZURICH – A campaign led by British hedge funds to force major changes at Dutch bank ABN could, if successful, lead to other European banks being targeted in the same way, say bankers and analysts. But it is still far […]
Solving the Hedge Fund ‘Deadweight’ Fee Problem
Last week both Ford (F) and Delta (DALRQ) got off their deathbeds to hand out goodies to many of their employees. Response was swift as bloggersand columnists asked why a company like Ford that lost $12.7 billion last year was […]
Hedge funds must disclose Northwest Airlines stakes judged rules
New York – A U.S. bankruptcy court judge ordered hedge funds to disclose details of their holdings in Northwest Airlines, a ruling that may quell the enthusiasm of investor groups for banding together and exerting influence over bankrupt companies. The […]
Hedge Fund Analyst Claims Flaws in SEC Rules
HedgeCo.net – Hedge Fund Analyst Justin Meyer submitted public comments on an SEC Rule Proposal that would change the standards for who could invest in a hedge fund, raising the minimum net worth values. Meyer is the Senior research analyst […]
Thales Launches 130/30 Strategy
HedgeCo.net – New York, NY, March 10, 2007 – Thales Fund Management is formally announcing the launch of the Leros Fund — a quantitatively managed 130/30 strategy designed to match or exceed the returns of broad-based US equity indices with […]
Winners Amid Gloom and Doom
When Amaranth Advisors, the $9.5 billion hedge fund, collapsed, Citadel Investments and JPMorgan swooped in for the leftovers. After the Sept. 11 attacks and Hurricane Katrina, reinsurance companies sprouted like weeds to take advantage of soaring premiums. So it is […]
MergerTalk: Hedge funds muscle in on bankruptcies
New York – The contentious Northwest Airlines Corp. (NWACQ.PK) bankruptcy case is a new battleground in a larger war between hedge funds and distressed companies that will only widen, experts say. The No. 5 U.S. airline wants to cancel existing […]
US House panel sets hearings on hedge funds
WASHINGTON, March 8 (Reuters) – A U.S. congressional panel said it will hold a series of hearings on hedge funds and private equity pools beginning on Tuesday. The House of Representatives Financial Services Committee said the hearings will focus on […]
Major Shareholder Hedge Fund Buys Company
ValueAct Capital Management, a group of hedge funds based in San Fransisco, announced yesterday that they have agreed to buy Catalina Marketing Corp at $1.7 billion in cash or $32.10 a share, a 7.5% premium over the company’s closing price […]
New Hedge Fund Platform
SuperDerivatives announced the launch of First Cross-Asset, Turnkey Derivatives Platform for Hedge Funds and Asset Managers. SD-Funds said in a press release that the platform is a breakthrough in hedge-fund technology. It includes all pre-trade and post-trade activities with features […]
Lt Gov Fedele attends World Hedge Fund Forum
GREENWICH  Lt. Gov. Mike Fedele welcomed more than 350 hedge fund managers, investors and investment industry leaders to Connecticut’s first ever World Hedge Fund Forum Tuesday morning at theGreenwich Hyatt Regency. Participants came from as far away as Japan […]