Author Archives: the HedgeCo News Team
Private equity firms forced to rescue own companies
Reuters – Private equity firms are being forced to put more money into their struggling companies as the credit crunch has left banks and investors less willing to refinance ailing firms, industry insiders say. Banks, hedge funds and distressed debt […]
New Tiberius fund to target price discrepancy
Reuters- Tiberius has launched a new commodity fund to reap returns from price discrepancies created by volatile commodity markets next year, the Swiss-based firm told Reuters on Monday. The fund manager thinks the time is ripe right for a new […]
Hedge funds eye up Philips
DutchNews.nl- The American hedge funds Jana Partners and the D.E. Shaw Group have joined forces to keep an eye on the financial results and capital surplus of Dutch electronics giant Philips, reports the Financieele Dagblad on Monday. The investors claim […]
Ultrawealthy group to increase hedge fund investments
InvestmentNews- Despite the market’s current volatility, the love affair between ultrawealthy investors and hedge funds is still torrid, according to a new survey by the Institute for Private Investors, a New York-based association for very wealthy families and their advisers. […]
Hedge funds seek talks with Philips on performance
Reuters- U.S. hedge funds Jana Partners LLC and D.E. Shaw Group said they plan to talk to Philips Electronics on its performance and capital structure, lifting its shares to a month high. The two hedge funds own 1.6 percent of […]
JPMorgan favours precious metals in 2008
Reuters- Precious metals could rally in 2008 as the U.S. dollar falls and supply flattens, JPMorgan said on Friday, ranking the sector the strongest among all commodities for next year. JPMorgan said its favorite precious metals continued to be gold […]
6 indicted, 10 sued by SEC in FBI hedge fund sting
Salt Lake Tribune- U.S. investigators, after posing as management of a phony hedge fund dubbed ”Fillmore Capital,” indicted six insiders and promoters of publicly traded companies for allegedly paying kickbacks to ensure stock purchases. The hedge-fund manager was actually an […]
Hedge Fund Association Forms Northeastern Chapter
New York – December 10, 2007 – The Hedge Fund Association (HFA), an international not for profit organization founded in 1996 to advance the interests of hedge fund managers, service providers and investors, today announced the launch of the Northeastern […]
US economy presents hedge funds openings
Zawya.com – DUBAI — Man Investments said yesterday that uncertainty over the US economy was likely to create substantial trading opportunities for hedge funds in 2008 but possible market disruptions couldaffect some strategies. In its annual review […]
Found: young alpha males of Japanese hedge funds
Asian Investor – Whilst reports of their impending extinction are over-blown, it has been a year of famine for Japanese hedge funds. Finding indigenous Japanese hedge fund managers in the wild is incredibly taxing. In their natural habitat, they are […]
Carbon traders bet on Bali climate talks
Reuters UK- Traders are already betting on a new global climate deal to succeed the Kyoto Protocol, as talks in Bali on Friday inched towards a two-year negotiating agenda for an expanded globalclimate pact. Financiers are buying rights to emit […]
IFSB Speaks Out
HedgeCo. Net- According to professor Rifaat Ahmed Abdel Karim, Secretary General of the Islamic Financial Services Board (IFSB), “Islamic finance, despite its unique characteristics, is diverse in its application and has universal appeal as a viable alternative means of financing”. Professor […]