Author Archives: the HedgeCo News Team
A Hedge-Fund Mystery
CFO.com- Last August was a bad month for the hedge-fund industry. According to fund tracker Barclay Hedge Ltd., about 75 percent of the 2,600 or so hedge funds that reported results for the month showed a loss, of about 1.4 […]
SEC Publishes Text of Rand Report on Investment Adviser
Washington, D.C., Jan. 3, 2008 – The Securities and Exchange Commission has received and posted on its Web site the text of the RAND Corporation’s final report on practices in the investment adviser and broker-dealer industries. The Commission has been […]
Bear Stearns hedge funds saga continues
Cayman Net News- The multi-billion dollar collapse of two Cayman Islands hedge funds managed by investment giant Bear Stearns is set to continue to make headlines into the New Year. As 2007 drew to a close, news was released that […]
Mark Mobius says hedge funds to target Pakistan
Times Online- One of the world’s most respected emerging market investors has pledged to keep his funds in Pakistan despite the turmoil unfolding in the country following last week’s assassination of former prime minister Benazir Bhutto. Mark Mobius, who runs […]
PHH ends proposed merger with GE
Reuters- Mortgage and vehicle fleet company PHH Corp (PHH.N) said on Tuesday it terminated its nearly $2 billion sale to General Electric Co (GE.N) and Blackstone, after the private equity firm failed to obtain required financing for the deal. GE […]
Hedge fund RAB nudges up Northern Rock stake
Reuters- RAB Capital, a top investor in Northern Rock, has bought shares in the bank for the second time in two days, raising its stake to 7.5 percent ahead of a January shareholder meeting, a filingshowed on Friday. RAB and […]
South African Hedge Fund Index Returns 15.56%
West Palm Beach (HedgeCo.Net)- The South African Times reported that their hedge Fund Index returned 15.56% over one year to November, while the month-on-month growth rate dipped by 1.67%. Director of Clade Investment Management Gavin Goldblatt said, “The volatility […]
Hedge Fund Makes Long-Term Investment in Santa Fe Holdings
HedgeCo.Net- Santa Fe Holding Company, the parent company of Santa Fe Cattle Co., announced today that two hedge funds with assets totaling more than $4 billion dollars under management have purchased $2 million dollars of restricted stock from the company. […]
Magnum launches China fund of funds
Hedge Funds Review Magazine- Magnum has launched the Magnum China Fund, a fund of funds that seeks to make substantial gains by investing in several of the top-performing funds that have interest in the Greater China region. Many of these […]
Hedge funds, private equity and philanthropy
Daily Telegraph- The sensation of having had too much of a good thing must be pretty universal by now, as we stagger into the final binge of an extended Christmas and New Year break. In my own case,the good thing […]
Investors file claim against Ritchie
Chicago Tribune- Investors have filed an involuntary Chapter 11 bankruptcy petition against a hedge fund run by Ritchie Capital Management, the latest in a long string of troubles for the suburban investment company now hit with accusations of mismanagemen. In […]