Monthly Archives: April 2006
Hedge funds bet on further LSE bids
MSN MoneyCentral – Hedge funds have increased their holdings in the London Stock Exchange in the past week at prices that show they anticipate a higher offer from Nasdaq or another buyer before adeal is consummated. DE Shaw, Halcyon Asset […]
Suisse/Tremont Hedge Fund Index Is Up 1.82% in March
HedgeCo.Net – The Credit Suisse/Tremont Hedge Fund Index is up 1.82% in March and 5.46% in the first quarter ending March 2006, according to Oliver Schupp, President of the Credit Suisse/TremontHedge Fund Index. “The equity market strengthened as a four-year […]
You have met the cowboys, now meet hedge fund organisation man
Financial Times – Meet the new face of the London hedge fund: the organisation man. The old face of the London hedge fund operator might be characterized as the cowboy – the founder who built his firm around his gifts […]
Larry’s list of legal hits
New York Post – Hedge fund guru Lawrence Goldfarb – the man behind a $30 million plan to revive Murder Inc. mogul Irv “Gotti” Lorenzo’s record label – has a past nearly as scandal-prone as hisnew hip-hop counterpart. Goldfarb, who […]
Hedge-like mutual funds to be ranked by Morningstar
Waterbury Republican-American – The hedge-fund industry has achieved considerable success selling investments designed to make money no matter how the stock market fares. So far, the relative handful of mutual funds using hedge-fund strategies has not made market inroads, although […]
Connecticut, home to more than a third of Hedge Funds
Waterbury Republican-American – For now, Bruce McGuire and others in the hedge fund industry can rest easy; their detailed financial information will remain confidential and no anti-fraud unit willsniff around their work anytime soon. A bill recently introduced in the […]
Nottinghill launches hedge fund to gain from growth stocks
Business Courier – It’s not exactly on the cutting edge, but Cincinnati is starting to join the trend of hedge funds popping up like weeds. Anderson Township-based Nottinghill Investment Advisers is at least the third local firm to start a […]
Nobel to invest in hedge funds for first time
MSNBC – The organisation that funds the Nobel Prizes has decided to invest in hedge funds for the first time, tapping three firms for its maiden investments. The Nobel Foundation, which has more than $450m in managed capital, has invested […]
When our Pension’s in a Hedge Fund Should we Worry or Not?
American Reporter – Being a natural worry wart I clucked my tongue repeatedly when both the self-sanctified New York Times, and tv stock broadcasts alerted investors and general consumers tothe coming hedge fund train wreck. As with many of the […]
Zenith endorses hedge fund exposure
Money Management – Six out of a possible 20 hedge funds have received a recommended rating from Zenith Investment Partners, in a review it said could help dissipate common misconceptions about the alternative sector. The investment researcher added Credit Suisse […]
Hedge fund sues LifePoint, claims mergers flawed
Reuters – Hedge fund Accipiter Capital Management on Wednesday said it filed suit against hospital chain LifePoint Hospitals Inc. (LPNT.O: Quote, Profile, Research) over the fund’s bid to nominate new board members at LifePoint’s upcoming annual meeting. Accipiter, which owns […]
Man Group Says Hedge-Fund Sale Exceeds Estimates, Sets Record
Bloomberg – Man Group Plc, the world’s largest publicly traded hedge-fund company, said it took in $2.3 billion of client assets, more than the company had expected, in the sale of a new investment. The Man IP 220 fund “is […]