Author Archives: the HedgeCo News Team
Hedge fund Laxey violated Swiss law: regulators
NEW YORK, March 10 (Reuters) – Activist British hedge fund Laxey Partners breached Swiss law in acquiring a 22.89 percent stake in Swiss construction company Implenia AG (IMPN.S: Quote, Profile, Research) without properly disclosing it, the Swiss Federal Banking Commission […]
Hedge Fund Ads Turn into Constitutional Issue
(Seeking Alpha) – Phillip Goldstein is at it again. The guy who single-handedly vacated the SEC’s hedge fund regulation rule has now threatened to sue his arch nemesis if it doesn’t lift its ban on hedge fund advertising immediately. According […]
JGBs climb as market tumoil hits hedge funds
Forbes – TOKYO- Japanese government bonds jumped on Monday and the five-year yield hit a 2-1/2-year low on spreading turmoil in global credit markets that has sent investors and hedge funds scrambling to unwind losing positions. JGBs were underpinned by […]
Investors eye property after tough 2007
Reuters UK- Many investors in alternative assets plan to invest more in real estate after poor returns from the sector in 2007, a PricewaterhouseCoopers (PwC) survey showed on Monday. John Forbes, UK real estate leader at PwC, said some investors […]
Brokers Rush to Establish Hedge Funds
Korea Times- With deregulation planned for the capital market, securities firms find that setting up hedge funds is tantamount to expanding overseas for further growth. What better way is there than to “kill two birds with one stone” by setting […]
Brevan Howard and Winton hedge funds surge
Reuters- It’s not all gloom and doom in the hedge fund sector, despite some widely publicized meltdowns among funds that invested in credit securities. For instance, Brevan Howard Asset Management’s flagship fund, which manages nearly $17 billion (8 billion pounds), […]
Carlyle Capital faces liquidation of $16 billion of collateral
International Herald Tribune- Carlyle Group’s mortgage-bond fund said creditors may liquidate as much as $16 billion of securities unless the two sides reach agreement on debt repayments. The fund has asked lenders to refrain from further sales after they liquidated […]
Geneva Firm Launches Multi-Asset Fund of Hedge Funds
FINalternatives- Bedrock Alternative Asset Management this month launched its first fund of hedge funds, with plans for another in the near future. The Geneva-based firm’s Dimension Fund debuted with US$36 million in assets, and Bedrock expects a further US$20 million […]
Hedge Funds Post Worst Month in Five Years
Street.Com- A tumultuous market on Wall Street is battering hedge fund managers harder than they’ve experienced in years. Hedge funds saw their worst month performance in about five years in January, generating a composite loss of 2.46%. It’s the group’s […]
UBS Faces Charges Amidst Record Losses
West Palm Beach (HedgeCo.Net) – Swiss bank UBS is facing yet another lawsuit, this time from Stamford, Connecticut based hedge fund Pursuit Partners. According to the allegations, UBS marketed securities as investment grade, knowing full well that they were […]
Can Hedge Funds Save Delphi? The Clock is Ticking
West Palm Beach (HedgeCo.Net) – Bankrupt auto parts maker Delphi is surrounded by a whirlwind of drama since trying to secure $6.1 billion in exit financing. The former GM subsidiary turned to hedge fund Appaloosa Management, who agreed to extend […]
PCM Green Power Fund launches on 1st April 2008
PCM Capital is pleased to announce the launch of PCM Green Power Fund (“Fund”) on 1st April 2008. The Fund – with its Asian focus – is a pioneering Fund of “Green” Funds that invests in environmental and alternative energy […]