Author Archives: the HedgeCo News Team

FRANKFURT (Thomson Financial)- Hedge funds are increasing pressure on Hypo Real Estate Holdings AG’s management after the real estate financier’s share price slumped in the past two months, weekly Capital reported in its online edition citing a hedge funds representative. […]

Bloomberg- The Australian hedge fund lobby rejected allegations that its members manipulated stock prices and said it supports greater disclosure when investors sell borrowed shares. The Australian chapter of the Alternative Investment Management Association, which represents more than 60 hedge […]

DUBLIN (Reuters) – Ireland’s National Pensions Reserve Fund plans to withdraw 27 million euros (21 million pounds) of investment from six firms involved in the production of cluster munitions, Irish media reported on Wednesday. The NPRF, charged with securing funds […]

Minneapolis Star Tribune- Hedge fund money streaked out of commodities Wednesday like a red-hot meteor, as large speculators worried about a firming dollar and the tenuous condition of the U.S. economy and financial institutions. Debris from the flameout came from […]

Financial Times- A $3bn London hedge fund lost more than a quarter of its value on Monday as it became the biggest victim of the unwinding of a popular Japanese government bond trade. Endeavour Capital, run by former Salomon Smith […]

Wall Street Journal- The hedge-fund party may be over in Asia. After years in which the number and assets of Asia-focused hedge funds have steadily risen, prime brokers and hedge fund managers say they expect a larger number of managers […]

West Palm Beach (HedgeCo.Net) – 31 investors are believed to be on board in the lawsuit levied at the British government, headed by Northern Rock’s largest shareholder, SRM Global. SRM, along with other shareholders of the bank, are ready to […]

West Palm Beach (HedgeCo.Net) – Ritchie Capital Management has dropped its suit against Coventry First, so that it can re-file a similar suit with new claims against the Fort Washington, Pa. based life insurance company. “Our investors lost hundreds of […]

CNNMoney.com- It seemed too easy. Two months ago, a pair of little-known hedge funds informed the New York Times that they were mounting a campaign to elect four directors to the company’s board. Monday, the nation’s most powerful newspaper publisher capitulated […]

Globe and Mail- TransAlta is one of a growing list of Canadian companies that feature activist shareholders that took positions in a different era, and now face a world of pain as they contemplate heading for the exits. A number of hedge […]

West Palm Beach (HedgeCo.Net)- State Street Global Advisors, worth $2 trillion in assets, has been appointed by Universities Superannuation Scheme to manage a $200 million hedge fund replication mandate. According to studies, 85% of returns by the average fund of hedge […]

AP – Northern Rock PLC will slash one-third of its staff and cut its home loans book by half as it phases out financial support from the government over the next three to four years, the British lender said Tuesday. […]