Author Archives: the HedgeCo News Team
Hedge Fund To Separate Brokerage Arm to New York
HedgeCo.net – Top ten hedge fund firm Man Group said on Friday it is considering splitting off its brokerage arm into a new £2 billion ($3.9 billion) company. The de-merger would separate its U.S. brokerage unit and list it in […]
Mining fund to buy shares and sell metal
London – A new resources hedge fund aims to pick undervalued explorers and small-scale miners rather than piggyback on rising metal prices, its managers said. An unusual feature of the Blackfish-Investec Resources Special Situations fund is that it will offset […]
Predicting the next big hedge fund IPO
On the night before Fortress Investment Group became the first hedge fund to trade on the New York Stock Exchange, Wesley Edens and the other four principals celebrated in a manner that befits the firm’s intentionally low-key profile. They gathered […]
French Candidate Disapproves of Hedge Fund Strategies
HedgeCo.net – French Interior Minister and presidential candidate Nicolas Sarkozy criticized hedge funds as an example of undesirable speculation, saying he didn’t approve of companies….”that buy up a company, sell it off in pieces, sack 25% of the staff in […]
Global Hedge Funds now Over Two Trillion in Assets
HedgeCo.net – Assets in global hedge funds have now reached more than $2 trillion according to new research compiled by HedgeFund Intelligence, publisher of the newsletters and databases of EuroHedge, AsiaHedge, South AfricaHedge and InvestHedge, as well as the U.S.-based […]
NFL Hedge Fund Case To Proceed as Planned
HedgeCo.net – A federal judge in Atlanta ruled that the NFL players who entrusted their funds to Kirk Sean Wright, CEO of hedge fund International Management Associates of Atlanta, may move forward with their case over lost investments. The FBI […]
Electronic Reporting for Cayman Islands Regulated Funds now Underway
GEORGE TOWN, Grand Cayman – The mechanism for the electronic submission of annual returns for funds licensed, registered and administered in the Cayman Islands is now in place. With it, electronic reporting for all funds regulated under Cayman’s Mutual Funds […]
Can’t beat activist hedge funds
NEW ORLEANS – The age of the activist hedge fund is here, and companies would do well to accept it. Such were the sentiments of mergers and acquisition lawyers and some investment bankers from top Wall Street institutions who spoke […]
Fewer hedge funds closed in 2006 than in 2005-HFR
BOSTON – Fewer hedge funds went out of business in 2006 than the year before, according to new data that also show that fewer people launched these loosely regulated but hugely popular investment portfolios last year. In 2006 1,518 hedge […]
Study Shows Hedge Funds are not Understood by Investors
HedgeCo.net – According to a new Spectrem Perspective report released today, “Alternative Investments: Are They a Priority for Affluent Portfolios?”, just 18% of affluent investors, defined ashaving more than $500,000 in investable assets, say they understand hedge funds. Structured products […]
More hedge funds disclose NWA holdings
A second group of investors disclosed their holdings in Northwest Airlines Corp. on Wednesday, saying they own $949.3 million in claims against the bankrupt carrier. Several hedge funds have been buying shares and — especially — claims in Northwest. The […]
India To Open Door To Hedge Funds
MUMBAI – India plans to selectively allow hedge funds to invest in the markets, a regulatory body said Wednesday. Hedge funds are known to be already investing in India. “They should come here and invest directly. Let them come from […]