Monthly Archives: April 2008
Iceland threatens ‘bear trap’ intervention against hedge funds
CNN Money- Iceland is prepared to order direct intervention in the currency and stock markets in an attempt to punish international hedge funds that it claims are attacking its financial system, said Prime Minister Geir Haarde. ‘We would like to […]
The hedge fund opportunity
Jamaica Observer- The four international offshore leaders are the Cayman Islands, the British Virgin Islands, the Bahamas and Bermuda, which all come under the Caribbean offshore jurisdiction. Of these four, the Cayman Islands overshadows its competition by a wide margin […]
Paulson’s Plan Puts Hedge Funds Under Watch
FOX Business- Hedge funds, often described as ‘secretive’, with their pools of cash invested in everything from soybeans to mortgages — may soon find themselves under the watchful eye of the Securities and Exchange Commission. Currently, the Commodities and Futures […]
Private Eye Launches Hedge Fund
Hedge Fund Review – Satirical magazine Private Eye has launched the Curse of Lord Gnome Fund. The fund launches with £200m, targeting annualised returns of 20% with volatility between 8% and 10%. The fund will follow four key strategies: aggressive […]
Paulson proposes tighter regulation, increased power of SEC
West Palm Beach (HedgeCo.Net) – On Monday, the Bush Administration outlined what could be the biggest restructuring of financial regulation since the Great Depression. The 218 page “Blueprint for Regulatory Reform” presented by Treasury Secretary Henry Paulson comes amidst the […]
Pardus $2 Billion Hedge Fund Freezes Redemptions
West Palm Beach (HedgeCo.Net) – Pardus Capital Management has halted redemptions from their activist hedge fund, locking up over $2 billion of investors capital. Hoping to reduce any anxiety associated with selling the shares prematurely, the move was made in […]
Macquarie Capital buys hedge fund Craton Capital
Reuters – Australia’s Macquarie Capital has acquired European-based boutique commodities hedge fund Craton Capital, sources close to the deal said. No details about the price Macquarie paid were forthcoming, but a source at the bank said: "The four members of […]
Proxy Fight Looms for Media General, Hedge Fund
Dailypress.com – RICHMOND – Seats on Media General Inc.’s board of directors might not be as easy to obtain for a dissident shareholder group that had recent success gaining access at the New York Times Co. Harbinger Capital Partners is […]
Daido Life expands hedge stake
Tokyo – Daido Life Insurance, a unit of Japan’s only publicly traded life insurer, will increase investment in hedge funds and private equity by as much as Â¥50 billion, or $420 million, in the fiscal year that started April 1. […]
Hedge funds gain popularity as investors reap returns
Years ago, the New York Times famously referred to financial instruments used by hedge funds as “exotic and risky.” Today, hedge funds have truly emerged as a legitimate and increasingly stableinvestment vehicle. The hedge fund industry has exploded in size […]
Opening doors to closed hedge funds
Call it the Groucho Marx problem: Investors trying to put money into hedge funds frequently find that the managers they want do not want their cash. Just as Groucho complained that he would not join any club that would accept […]
Sal. Oppenheim To Launch Spin-Off Hedge Fund
HedgeCo.net – Sal. Oppenheim Jr. & Cie, one of Europe’s largest private banks is moving towards alternative investments and hedge funds. Oppenheim said it wants to spin off a hedge fund from itsproprietary trading book. The bank will seed the […]