Author Archives: the HedgeCo News Team
Amanda Invests $7 Million In Finnish Fund
West Palm Beach (HedgeCo.Net)- Hedge Fund Amanda Capital Plc announced today in a press release that they have invested five million euros ($7 million) in a Finnish private equity fund, the MB Equity Fund IV. Equity Fund IV will continue […]
Babylon Admitted To Participate in Iraqi Central Bank T-Bill Auction
West Palm Beach (HedgeCo.Net)- Iraqi hedge fund `The Babylon Fund´ announced that today, as the first foreigners, they were admitted by the Iraqi Central Bank to participate in the primary auction of Iraqi-dinar denominated 6 month and 12 month […]
Telefonica Beats Hedge Funds With Growth-Payout Combo
Bloomberg- Cesar Alierta, head of former Spanish telephone monopoly Telefonica SA, delivered higher returns in the past year than Mohamed El-Erian did managing Harvard University’s endowment. Nowhe’s shifting his strategy to keep the price rising. Alierta may set plans to […]
Bear Stearns CFO says hedged credit hedge funds
Reuters.uk- Bear Stearns Cos Inc (BSC.N: Quote, Profile , Research) has hedged its remaining assets in high-grade structured credit hedgefunds, the investment bank’s chief financial officer said on Thursday. Sam Molinaro also told analysts on a conference call that Bear had […]
Hedge funds help China’s Orwellian capitalism
Morning Call – The American economy may be teetering on the brink of a recession, but there’s an industry our hedge fund gurus believe has an almost limitless future: the Chinese police state. In a stunning report in The New […]
Asia Value Formula Fund Launched By SAM
West Palm Beach (HedgeCo.Net)- Sensible Asset Management today announced the coming launch of the Asia Value Formula Fund. The new hedge fund aims to provide long-term capital growth over an investment horizon of 3 to 5 years, by investing primarily […]
Hedge fund firm bars withdrawals by investors
International Herald Tribune- Absolute Capital Management Holdings, whose co-founder, Florian Homm, abruptly quit Tuesday, on Wednesday stopped investors from withdrawing money from eight hedge funds that managed $2.1 billion. The firm told investors that they should not expect to be […]
Plot thickens in Fairfax battle with hedge funds
Globe and Mail- A group of prominent American hedge funds have failed to get a $6-billion (U.S.) lawsuit against them by Prem Watsa’s Fairfax Financial thrown out of U.S. court. New Jersey Superior Court Judge Deanne Wilson ruled in Fairfax’s […]
Corporate Express hit by hedge fund rumours
DutchNews.nl- Corporate Express, the Almere-based office supplies group formerly known as Buhrmann, is the next Dutch company to be targeted by activist shareholders, news agency Reuters said on Thursday. Reuters said that UK hedge fund Centaurus, with a 5% stake, […]
Even hedge fund billionaires tighten purse strings
International Herald Tribune- On a sun-splashed day this month, Harald Grant, a Sotheby’s real estate agent, showed his top listing to a hedge fund client. The client himself was not touring the jaw-dropping, 11-acre estate, with its two swimming pools, […]
MPC Samsara Hedge Fund Launch
West Palm Beach (HedgeCo.Net)- The MPC Samsara Team announced the launch of a new hedge fund, the MPC Samsara Fund. The hedge fund will be run by Ajay Gambhir and he will follow the same successful strategy as the JPMorgan […]
F&C launches climate change fund
Reuters- F&C Asset Management launched a climate change fund on Monday, the latest in a string of such funds aimed at cashing in on the growth of companies that cut greenhouse gas emissions. Rising emissions of carbon dioxide, produced by […]