Monthly Archives: April 2006
The Stocks That Hedge Funds Buy
Motley Fool – Believe it or not, there are companies that the big-money firms on Wall Street don’t know about, don’t have thousands of pages of research or extensive cash flow models for, and don’thave an idea whether to buy […]
Hedge fund urges Massey holders to back its slate
Reuters – Hedge fund Third Point LLC on Tuesday urged Massey Energy Co. (MEE.N: Quote, Profile, Research) stockholders to approve twoof its candidates for the coal mining company’s board, saying they would provide “a new voice and a fresh perspective,” […]
Iceland’s Bond Costs May Increase as Hedge Funds Flee
Bloomberg – Iceland may pay the highest yield in six years when it sells as much as 1.5 billion kronur ($19.8 million) of government bonds this week as the central bank raises interest rates and hedge funds roil the nation’s […]
Omens look good for hedge fund returns this year
Reuters.uk – Hedge funds delivered strong returns in the first quarter of this year and with market volatility expected to rise and clear trends evident in currencies and bonds the omens for 2006 aregood. So far this year hedge funds […]
Reliant, hedge fund agree to board plan
Houston Chronicle – Reliant Energy said Tuesday it reached an agreement with hedge fund Seneca Capital Advisors, which had threatened to start a proxy battle to gain three board seats at the Houston-based power company. Reliant said Seneca had agreed […]
Switzerland’s financial super-regulator takes shape
MSN MoneyCentral – After almost a decade in the making, Switzerland’s new financial super-regulator is starting to take shape. Eugen Haltiner, a former senior UBS banker, is not yet officially its head. And the precise structure of Finma, the agency […]
Hedge funds in view as Fed ponders systemic risk
Reuters – The explosive growth and mounting integration of hedge funds into the world financial system has increased risks in the industry and needs scrutiny, central bank policy-makers and industryexperts warned. Gathered at a two-day conference hosted by the Federal […]
Hedge fund seeks to block key Delphi restructuring plans
Fort Worth Star Telegram – A hedge fund run by billionaire investor David Tepper launched a new bid Monday to slow Delphi Corp.’s restructuring plans, asking a judge to bar the company fromjettisoning its labor union agreements and its money-losing […]
A Capital Crowd
BusinessWeek – A kind of high-end investment club, Tiger 21 gives its multimillionaire members a chance to share deals, financial advice, and a few life lessons. Thomas Gallagher shifted uneasily in his seat. He waited for each of the 10 […]
Cerberus To KKR: Eat Our Dust
BusinessWeek – It was an epic showdown between legendary buyout king Henry R. Kravis and New Age hedge fund manager Stephen A. Feinberg — and Feinberg won. On Apr. 3, General Motors Corp. (GM ) announced that it would get […]
CalPERS, CalSTRS launch database
East Bay Business Times – The nation’s two largest public pension funds plan to build a “first-of-its-kind” database of emerging managers and financial service providers. The effort by the California Public Employees’ Retirement System and the California State Teachers’ Retirement […]
The Hedge Fund Report: Trading to a Major Quarter
Street.Com – Hedge fund returns generally outran the broader market last month, and many strategies had similarly strong results for the first quarter as well. “Hedge funds continue to outperform the S&P 500 index, with technology, Asia-Pacific and Europe leading […]