Author Archives: the HedgeCo News Team
Candy companies blame higher prices on hedge funds
Baltimore Sun- The price of Cadbury PLC’s Caramello candy bar is up 10 percent over the past 12 months, raising a sticky question: Are hedge funds to blame? Soaring cocoa prices are driving up the cost of chocolate around the […]
Hedge Funds Cut Oil Bets as Prices Rose, CFTC Probed
Bloomberg- Hedge-fund managers and speculators reduced bets on higher oil prices by 80 percent since July as crude futures rose to records and U.S. regulators started investigating trading, government data show. So-called speculative net long positions fell to 25,867 contracts […]
Hedge Funds Want More Back
A relic from Russia’s debt default a decade ago is threatening the country’s economic resurgence by forcing more than 200 companies to increase the interest they pay to as much as 16 percent. With bond yields rising worldwide as the […]
Fund’s Investors In Revolt
New York Post- Angry investors in an embattled $650 million Greenwich hedge moved last week to take control of the fund from Philip and Alan Milton, the brother investment team that had steered the fund through many years of fat […]
Pensions Picking Dollars, Shorted by Hedge Funds
Bloomberg- Whenever pension funds, mutual funds and insurance companies decide they should own dollar assets that are out of favor with hedge funds, the hedge funds lose. Institutional investors bought more dollars than they’ve sold this year, according to State […]
Conseco rejects hedge fund proposal
Reuters – Conseco Inc on Thursday rejected hedge fund Steel Partners’ request to raise its shareholding in the insurance company to as much as 22 percent, saying the proposal could reduce its "financial flexibility." Conseco told Steel Partners in a […]
Bear Stearns passes into Wall Street history
Financial Times – Jimmy Cayne apologised for the first time to Bear Stearns shareholders and employees on Thursday as the investment bank he helped build into a scrappy powerhouse formally disappeared into Wall Street history as the biggest victim of […]
Russia-focused fund becomes first listing on London’s Specialist Fund Market
HedgeWeek – A hedge fund focusing on Russia and the former Soviet Union, Da Vinci CIS Private Sector Growth Fund, has become the first listing on the Specialist Fund Market, the London Stock Exchange’s new market for alternative investment vehicles. […]
Steel Partners wins landmark Japanese board ouster
Reuters- U.S. hedge fund Steel Partners helped oust the president and most of the board of Japanese wig maker Aderans Holdings on Thursday, the first time management of a Japanese firm has been ejected under pressure from an activist fund. […]
Cranwood Capital Announces Launch of Fixed Income Arbitrage Fund
HedgeCo.Net – Cranwood Capital Management LLC has announced the launch of their new fund, the Cranwood Fixed Income Arbitrage Fund. The fund seeks to generate high, absolute returns by using Treasury futures to arbitrage temporary discrepancies occurring along the U.S. […]
Triple A to seed new S.Korea focused hedge fund
Reuters – Boutique alternative fund firm Triple A Partners said on Friday it was backing a new South Korea-focused hedge fund which it expects to launch on Sept. 1 with around $40 million in assets. Triple A, also known as […]
HedgeCo and LJH Financial Marketing Strategies Unveil New Initiative to Provide Comprehensive Marketing Solutions to the Global Hedge Fund Industry
New York, NY (PRWEB) May 29, 2008 — HedgeCo Networks and LJH Financial Marketing Strategies announced today a partnership to provide comprehensive marketing and investor relations services to the global hedge fund industry and related financial sectors. The new partnership […]