Monthly Archives: April 2006
Fulcrum Limited Announces Strategic Global Expansion and Growth
Bobsguide – Fulcrum Limited, a leading global fund administrator for the alternative asset management industry, is pleased to announce a strategic expansion that includes the broadening of theexecutive team, the opening of a New York office, and expansion of the […]
David Rocker to retire from hedge fund Rocker Partners
MarketWatch – David Rocker, the managing partner of short-selling hedge fund Rocker Partners LP, has announced plans to retire in the middle of a growing debate on the influence of short sellers inthe stock market. Three years ago, Rocker and […]
Morgan Super Traders Worry Hedge Funds
New York Post – Morgan Stanley has created an all-star team of bond traders to wager its own cash in the market, a move that is raising eyebrows of its crucial hedge-fund clients. Bond executives at Morgan told The Post […]
Hedge Funds: Got Kleenex?
New York – Get your hankies ready: Hedge funds feel they’re the newest victims. A long-simmering issue may soon come to a boil, potentially putting Wall Street’s largest firms on the hook for billions more in liabilities years after the […]
NY hedge fund reduces Algoma holdings
The New York-based hedge fund that pushed Algoma Steel Inc. (TSX: AGA) to make a large cash payment toits shareholders has decreased its holdings in the company from about 19 per cent to five per cent. Paulson & Co. […]
Hedge funds a threat to buyout firms
SINGAPORE: Buyout firms in Asia say they are facing increased competition from hedge funds seeking to boost returns to attract investors. Assets in Asia managed by hedge funds grew 38 per cent to US$101 billion (US$1 = RM3.67) last year, […]
Hedges and Stings
A glowing description on the Internet of something called Guaranteed Returns Diversified Inc. says that it can accept only 17 more investors in its newest hedge fund. It predicts a return of 22 percent for the first three months and […]
Hedge funds buy Schering shares, hoping to capitalise on Bayer deal
FRANKFURT (AFX) – Hedge funds are buying into Schering AG, on the basis that a German law might allow them to get a higher price for their Schering stakes than the 86 eur per share offered by Bayer AG, the […]
Commodity Price Boom to Continue
Black Enterprise – EXPERTS are predicting that an unprecedented commodity price boom that has seen metal, energy and some agricultural prices – including orange juice and refined sugar – hit recordhighs, is set to continue. Copper yesterday rose to a […]
Dearth of talent may hit global macro hedge funds
Reuters.uk – Investors are raising their exposure to global macro hedge funds because of their potential to make money in volatile markets, but a dearth of talent in the sector means that returnscould disappoint. Global macro hedge funds take directional […]
New hedge fund sees more M&A potential in Europe
Reuters Italia – Platinum Capital Management has launched a hedge fund to focus on European, mainly French, stocks which could benefit from takeover and demerger activity, its managing director saidon Tuesday. The launch comes at a time when corporate activity […]
Portus ignored warning
National Post – The two men behind the Portus group of funds were advised in early 2004 to stop accepting money from investors, long before the money manager’s collapse left 26,000 investors fearingthat $800-million of their funds might be gone. […]