Author Archives: the HedgeCo News Team
Gartmore trust faces threat from hedge fund
LONDON – The Gartmore European investment trust, run by star manager Roger Guy, has told shareholders it faces a threat from activist hedge fund Carrousel Capital, which it says wants to restructure the fund. The 396 million pound trust said […]
What JetBlue Can Teach Hedge Funds
LAST WEEK’S FIASCO at JetBlue left its customers enraged and its CEO “mortified.” But beyond the outrage of passengers who sat nine hours on the tarmac and went nowhere while their baggage took off for parts unknown, there are lessons […]
Investor Analytics Offers Next Generation Risk Analysis to Hedge Funds
Hedgeco.net-New York, February 20, 2007– Investor Analytics LLC, a leading risk analysis and risk management specialist to the hedge fund industry, today announced significant additions to its suite of risk services that reflect the company’s strong connections to innovative research. […]
Major Hedge Fund Shareholder Proposes Restructuring of Trust
HedgeCo.Net (New York) – Hedge fund Carrousel Capital has submitted proposals for a restructuring or merger of the Gartmore European investment trust, of which Carrousel owns 28.03% and is its largest shareholder. Bruno Sangle-Ferriere, founder of British-based Carrousel, said he […]
Hedge Fund Investcorp to Sell Off Investment Company
HedgeCo.Net (New York) – It was announced today in a press release by Eurazeo that global hedge fund manager Investcorp has finalized a deal to sell APCOA, the leading pan-European manager of parking services, for an enterprise value of €885 […]
Are your funds hedging?
Akron Beacon Journal -When the U.S. dollar is falling sharply against most other currencies — as was the case in 2006 — or rising just as strongly, investors wonder how various mutual funds are positioned. Are the funds fully exposed […]
Investors love new hedge fund stock
Allentown Morning Call –When Goldman Sachs Group Inc. went public in May 1999, some on Wall Street figured it was a signal to bail out of brokerage stocks. If Goldman was letting the public into its business after 130 years […]
US hedge funds? political donations soar
Todays Zaman – US hedge funds have increased their political donations by more than two thirds in the past four years and the figure is set to rise considerably in the run-up to the 2008 presidential election. At a time […]
Hedge Fund Survey Shows Established Names Have More Chance of Success
HedgeCo.Net (New York) – The Absolute Return New Funds Survey for 2006, published in the February issue of Absolute Return magazine, shows that new hedge fund launches in the U.S. slowed for the second year in a row. Last year, […]
Economic Powers to Study Growing Influence of Hedge Funds
ESSEN, Germany, Feb. 10  Finance ministers from the world’s leading economies put the $1.4 trillion hedge fund industry firmly on the international policy agenda on Saturday, saying they would scrutinize the sector closely with an eye toward encouraging more […]
SEC vs. hedge funds – CNNMoney.com
(Fortune) — Are investors mad at the SEC – or are hedge funds mad at the SEC? That’s the question raised by several readers about the SEC’s proposal to increase the amount of money you need to have to invest […]
Hedge Funds Seen Targeting Restaurants
Forbes – Applebee’s International Inc.’s announcement Tuesday that it will consider a sale of the company highlights the growing influence hedge funds are having on the restaurant industry – a trendthat’s expected to continue in 2007. Activist hedge funds have […]