Author Archives: the HedgeCo News Team
HSBC’s Vega Fund to buy Sing Lun
West Palm Beach (HedgeCo.Net) – Vega Co. Ltd has offered to buy Singapore based apparel manufacturer Sing Lun Holdings Ltd for $87 million. Vega Co, which is a wholly-owned subsidiary of The HSBC Private Equity Fund 6, is seeking to […]
BlackRock Offers $500 Million IPO
West Palm Beach (HedgeCo.Net) – BlackRock Inc. has just launched a $500 million fund of funds IPO to be traded on the London Stock Exchange. The fund, Absolute Return Strategies, Ltd will aim to generate 6 percent over the 3-month […]
Miami Firm Offers Maiden Real Estate Hedge Funds
FINalternatives- Buoyed by tumult in the mortgage market, a Miami-based real estate company is making the leap into the hedge fund space with the debut of two offshore funds. ARE Asset Management has launched the ARE Fixed-Income Fund and the […]
Hedge funds raise profile in US grain business
Reuters- CHICAGO (Reuters) – The presence of hedge funds in the U.S. agricultural sector expanded on Thursday with the sale of ConAgra Foods Inc’s grain business to Ospraie, as speculators increasingly tie their futures trades to physical markets. Trade sources said […]
Hedge funds: the return of risk
Financial Times- Talk about a high-risk hedge fund and most people assume it is a tautology. This year’s sudden collapses of the $2bn flagship fund of London’s Peloton Partners and the $1bn New York-based Focus Capital, as well as a […]
Hedge Fund Manager Mukai Picks Analysts, Not Stocks for Japan
Bloomberg- Tadashi Mukai outperformed all his hedge fund rivals in Japan last year by researching analysts, rather than companies. Mukai’s $21 million UMJ Neutro Fund climbed 11 percent, the biggest return among 13 market-neutral funds, those that don’t take directional […]
Hedge fund builds stakes in housebuilders
Guardian- Cheap mortgages may be getting more and more difficult to come by but housebuilding shares shook off worries about falling demand for new homes yesterday. Instead, investors preferred to concentrate on the possibility of takeovers in the sector. One […]
Hedge Fund Man Group Exceeds Expectations
West Palm Beach (HedgeCo.Net)- Hedge fund manager Man Group plc announced that they are "extremely well placed to see continued strong growth." In a statment regarding its close period for the year, Man said, "This is a very strong set […]
Augustus Relaunches Quant Fund
West Palm Beach (HedgeCo.Net) – Augustus Asset Managers of Britain have relaunched their quantitative currency hedge fund after some remodeling of it’s computer-driven strategy. The Systematic Fund, which was originally launched on July 1 of last year, abruptly closed in […]
Hedge Funds vs. Charities
Desicritics.org- Let us compare them with a charity, ok? A charity generally spends about 13-14% on management and administration fees. In other words, out of £100 that it gets in contributions and grants, on an average, it manages to spend […]
Founder of fallen hedge fund John Meriwether back in trouble
Times Online- John Meriwether, the man behind one of the world’s largest hedge fund collapses in the late Nineties, is struggling to keep investors from bailing out on his latest venture. Mr Meriwether is best known as a founder of […]
Indian Market For Data Growing, With Hedge Fund Company In The Lead
West Palm Beach (HedgeCo.Net)- New York Top 5 hedge fund Och-Ziff’s firm Ctrl S. Data Centers, said it is planning to invest $250 million to open four data centres in the country in next 2-3 years. "We are planning to […]