Author Archives: the HedgeCo News Team
UK hedge fund to take on Securities and Exchange Commission
Times Online – On one level, it appears almost comical – a tale that manages to draw in Harry Potter’s enemy Lord Voldemort, Shakespeare and a series of TV shows. On another, it is a story that involves some of […]
In world of hedge funds, subprime was a bonanza
Minneapolis Star Tribune- The subprime mortgage mess that has caused massive losses for homeowners and banks was a little kinder to hedge fund manager John Paulson. Betting that subprime mortgage securities would sour, Paulson personally earned $3.7 billion last year. […]
Thames River hedge fund manager goes long subprime
Reuters- Thames River fund manager Ken Kinsey-Quick has moved long some battered subprime assets after shorting the sector last year, because he thinks they are cheap, and also hopes to make money out of a fall in commodity prices. Kinsey-Quick, […]
FBI’s Mueller Says Subprime Fraud Probe May Lead to Hedge Funds
Bloomberg- FBI Director Robert Mueller said the agency’s investigations into the subprime loan meltdown may uncover financial crimes committed by hedge funds and private equity firms. Federal Bureau of Investigation agents have opened 19 criminal probes of companies in connection […]
Mobius picks Brazil and China
HONG KONG (Reuters) Brazil, China, Turkey and South Africa are the top picks of high-profile emerging markets fund manager Mark Mobius, who also sees value in developed market firms with heavy emerging market exposure. China and Turkey in particular have […]
UBS Teams Up With Hedge Fund Enso To Create Alternative Fund
WEST PALM BEACH, FL (HedgeCo.net)-UBS AG is teaming with $600 million hedge fund Enso Capital Management LLC, creating UBS Enso Management LLC. The new fund will pursue alternative stock investment strategies, the companies said in a joint statement. UBS clients […]
DITMo Strategy to be announced this month
Peter J. de Marigny will introduce the DITMo Strategy to Fund of Hedge Fund attendees at the Inaugural Event of the Harvard Business School Club of New York hosted by Omni Research on Thursday, 24 April. The event includes two […]
Systematic Absolute Return AG to Conduct a Survey of the Environmental Alternative Investment Universe
Systematic Absolute Return AG is conducting a survey of the environmental alternative investment universe. The growing number of investment opportunities within this space is met by both excitement as well as bewildered scepticism by many professionals not yet tuned in […]
Soros Urges Hedge Fund Regulation
West Palm Beach (HedgeCo.Net) – Billionaire George Soros used his appearance in Brussels to not only promote his new book, "The Paradigm of Financial Markets," but to call upon a much heated topic: hedge fund regulation. The founder of […]
Charming Shoppes Inc. warns shareholders of evil hedge funds
West Palm Beach (HedgeCo.Net) – Charming Shoppes Inc. is urging shareholders to re-elect their board of directors, amidst intense pressure from two outside hedge funds. Crescendo Partners and Myca Partners have been pushing for change in the plus-size clothing manufacturer […]
Global hedge fund assets hit $2.65 trillion
Reuters – Global hedge fund industry assets rose to $2.65 trillion (1.34 trillion pounds) at the start of 2008, data group HedgeFund Intelligence said on Wednesday, but growth slowed in the second half of 2007 as the credit crisis began […]
Offshore hedge funds look for tax benefit
Reuters – Offshore hedge funds, looking to benefit from possibly buying delinquent loans and subsequently selling them at a profit, are seeking tax exemption on such gains, the Wall Street Journal reported on Wednesday. Earlier in April, tax advisers for […]