Author Archives: the HedgeCo News Team

Business Day South Africa- The formation of 33 new hedge funds in the year to end June helped boost total industry assets under management by almost 70% to R25,9bn, excluding money in unit truststhat use leverage. According to the 2007 […]

Atlanta Business Chronicle -Hedge fund investors have put Delta Air Lines Inc.’s pilots on alert by shorting Delta stock just as CEO Richard Anderson renewed speculation that the airline couldcombine with a rival. Delta pilots, who met recently to get […]

CNBC – Australian bank Macquarie raised its offer for Techem to 1.43 billion euros ($2 billion), 5.4 percent more than its previous bid and thefourth offer for the German metering company. Techem shares were indicated 18 percent higher in trading […]

New York Daily News -Hedge funds may be all the rage with rich folks, but their skyhigh minimum investments leave ordinary investors out in the cold. But a growing number of mutual funds that invest like hedge funds are allowing […]

BusinessWeek- The Nobel prize “for having laid the foundations of mechanism design theory” was split three ways between Hurwicz, an emeritus professor at the University of Minnesota; and two academics from the next generation who built on his work: Eric […]

Financial Times- India has pledged to open the “front door” wider to hedge funds in an apparent bid to bolster foreign investor confidence after a stock market plunge triggered by a proposedcrackdown on investment in the country through offshore derivatives. […]

Times Online – Two US hedge funds are suing Eurotunnel because they are unhappy that the company was restructured under French insolvency law this summer. Elliott Advisors, an arm of New York hedge fund Elliott Associates, and Resurgence Asset Management, […]

CNN Money – Government-controlled investment funds from China, Saudi Arabia and other countries will face pressure this week from finance ministers of the world’s richest countries concerned abouttheir lack of transparency and potential to gain stakes in companies linked to […]

Reuters.uk- The UK Takeover Panel said on Friday Australian hedge fund manager Monterrey Investment Management had failed to disclose dealings in iSOFT  and IBA Health Ltd  as required bytakeover regulations. It said Monterrey acquired 13.2 percent of iSOFT shares between […]

Bloomberg- Last month, at a basement bar in a New York Cajun restaurant, Chris Heasman of Lazard Asset Management and about 20 other hedge-fund executives dressed down in jeans and T-shirts spent the night belting out songs by the Rolling […]