Author Archives: the HedgeCo News Team
SEC to probe Bear Stearns trading data
Reuters- Bear Stearns Cos plans to turn over documents to securities regulators showing that financial giants like Goldman Sachs Group, Citadel Investment Group and Paulson & Co cut their exposure to the securities firm before its collapse, the Wall Street […]
Edeus launches mortgage quality assessment service
Reuters UK- Mortgage market specialist edeus is launching a service that it says will allow investors and bankers to assess the quality of pools of mortgages behind asset-backed securities based on up-to-date information. Edeus says its service differs from traditional […]
UBS’s Commodities Co-Head Quits to Join Hedge Fund
Bloomberg- Hunter Shively, global co-head of UBS AG’s commodities business for the past seven months, is resigning to join a start-up hedge fund that is raising money to trade energy futures. Shively, 38, will stay on for two months to […]
Ex-NFL player’ suit to move ahead despite suicide
CNN Sports Illustrated- A former hedge fund manager’s suicide has no effect on a lawsuit filed by six former NFL players against the league and its players union over $20 million they say they lost in an investment scheme, an […]
TCI buys shares in Mizuho, Kajima in J-Power fight
Reuters- British investor The Children’s Investment Fund (TCI) said it had bought stakes in Mizuho Financial Group, Kajima Corp, and about eight other shareholders in J-Power, in order to raise pressure on the electricity wholesaler. Mizuho, Japan’s second-largest bank, and […]
Funds of hedge funds eye lending opportunities
Reuters- Managers of funds of hedge funds are finding good investment opportunities in strategies that fill the gap left by banks hamstrung by the credit crisis, according to S&P Fund Services. Funds that invest in a basket of hedge funds […]
Hedge Fund Crescendo Partners gives a jolt to Cott shares
New York (HedgeCo.Net) – Soft-drink maker Cott Corp. has gotten a vote of confidence from hedge fund Crescendo Partners, along with a boost in share value. Crescendo has raised its stake to 8.7% in the struggling company, and will meet […]
Arbah Global launches Nanotechnology Fund
Gulf Daily News – A fund designed to tap into the potential for development of molecular and atomic-sized particle technology was launched at the 4th Annual World Islamic Funds and Capital Markets Conference yesterday. Arbah Global, a Bahrain-based investment arm […]
CFS hedge funds terminated
Money Management- Ratings house Standard and Poor’s has withdrawn its ratings from six of Colonial First State’s (CFS’s) fund-of-hedge-fund strategies. The ratings house announced today that the decision had been reached following an internal strategic review by CFS, which had […]