Monthly Archives: June 2006
Fall of the ‘Portable Alpha’
WASHINGTON – The financial world has been suffering lately from Post-Greenspan Stress Disorder. The new chairman of the Federal Reserve, Ben Bernanke, has been accident-prone, and some investors have gotten the jitters. They might be reassured if they paid more […]
If Hedge Funds Made the Mess, They Can Fix It Too
June 23 (Bloomberg) — After the mighty uproar in the stock and commodities markets lately, the best part of the story may remain to be told. It probably won’t be as dramatic as the lightning-fast bear markets that struck emerging-economy […]
Case for commodities as stocks hedge intact
LONDON (Reuters) – Raw material and stock prices are likely to move together in reaction to short-term shocks, but over the longer term commodities help to hedge investment portfolios, a conference heard on Wednesday. Over the past few weeks commodity […]
Japanese fund manager Murakami indicted
TOKYO (Reuters) – Tokyo prosecutors indicted high-profile fund manager Yoshiaki Murakami on Friday on charges of insider trading in a deal involving scandal-hit Internet firm Livedoor. Murakami, a former trade bureaucrat known for aggressively squeezing value out of the companies […]
Where Private Equity Goes, Hedge Funds May Follow
WHEN KKR Private Equity Investors raised $5 billion in Amsterdam for a publicly traded buyout fund, inspired fee-seeking competitors lined up to follow suit. When the markets started melting soon after the May offering, most of those competitors moved to […]
Hedge fund Pequot in insider trading probe
NEW YORK – U.S. regulators are investigating Pequot Capital Management, a $7 billion hedge fund, for possible insider trading, The New York Times said on Friday, citing government officials briefed on the case. A lawyer who once led the Securities […]
Hedge Funds fuel Millionaire boom
WEST PALM BEACH, FL (HEDGECO.NET) – According to a study released on tuesday by Merrill Lynch & Co. regarding the soaring number of millionaires; experts at the financial services firm concludethat the higher wealth accumulation in 2005 reflected more aggressive […]
Exotic Emerging Bubble
WEST PALM BEACH, FL (HEDGECO.NET) – Emerging market hedge funds who are investing in Exotic stocks, such as Brazil, Russia, India and China, have seen some stormy weather in the past two months. Almost all the emerging markets have since […]
IPO Completed by Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – Goodman & Company, Investment Counsel Ltd. announced that diversiGlobal Dividend Value Fund has completed its initial public offering. The hedge fund issued 3,500,000 units at $10.00 per unit, for gross proceeds of $35 million, […]
Six Boston firms among top 100 hedge funds in US
Boston Globe – Six Boston firms rank among the top 100 hedge funds in the country, according to the annual ranking by Alpha magazine. Wellington Management Co. led the Boston contingent on the list in a three-way tie for the […]
Hedge Funds Bid for Three Companies
CFO.com – In the past week or so, at least three hedge funds have made formal tender offers for three different companies. These three funds, as well as a number of other private investmentpartnerships, have been setting aside assets to […]
Cayman hedge fund industry set for record growth
Reuters – Some 665 hedge funds established a presence in the Cayman Islands in the first five months of 2006, a pace that could put the offshore banking center on track for another record year inregistrations in 2006, Cayman officials […]