Author Archives: the HedgeCo News Team
Quest for next Rooney lures hedge funds to soccer
Hedge funds have invested in wine, whiskey and movies in pursuit of returns that outpace stocks and bonds. Now they’re taking on an even riskier bet – the search for soccer’s next Wayne Rooney. For $470,000, investors will have the […]
Is it really “diworsification�
Some prominent voices have maintained that there is a point in a hedge fund portfolio, where additional diversification turns from an improvement of the risk/return characteristics into a worsening. Francois-Serge Lhabitant recently referred to this process as “diworsificationâ€Â. There is […]
Dave Kelly Entertainment Signs Deal to Exclusively Rep Cinema
BEVERLY HILLS, Calif.–(BUSINESS WIRE)–Dave Kelly Entertainment company has been retained as the exclusive financial advisors to the Cinema Finance Group, a private international fund representing investors from London, Zurich, Monaco and Dubai, and its newly created Entertainment Investment Fund, capped […]
Hedge funds’ use of credit derivatives a concern
SAN FRANCISCO (MarketWatch) — Hedge funds that don’t have much experience in the field may be using credit derivatives “inappropriately,” industry advisory firm Hennessee Group LLC said on Monday. Credit-default swaps, or CDS, are derivatives that provide insurance against a […]
Hedge Funds Without Managers?
Hartford Courant – Imagine hedge funds without brainy managers maneuvering artfully through short-lived market opportunities day in and day out. You might think the flashy hedge-fund arena could never evolve into this. But with about $1.2 trillion in assets, the […]
Morgan Stanley Investment Management Forms Strategic Alliance
NEW YORK–(BUSINESS WIRE)–Morgan Stanley Investment Management (MSIM) announced today that it has formed a strategic alliance with Avenue Capital Group, a leading New York-based investment manager with approximately $12 billion in assets under management. Under the proposed agreement, Morgan Stanley […]
M&A hedge funds set to hold sparkle into 2007
LONDON (Reuters) – Hedge funds that trade on opportunities from corporate takeovers are likely to perform strongly into 2007 as takeover activity surges, industry executives said. Merger and acquisition arbitrage funds are seen as likely to be among the hottest […]
Taking all ego out of investing in hedge funds
Chicago Tribune – Imagine hedge funds without brainy managers maneuvering artfully through short-lived market opportunities day in and day out. You might think the flashy hedge-fund arena could never evolve into this. But with about $1.2 trillion in assets, the […]
Neptune says no longer on acquisition hunt
LONDON (Reuters) – Neptune Investment Management is no longer actively looking to buy other funds as acquisition opportunities become scarcer and its organic growth improves, the fund boutique’s Finance Director Robert Warner said. Neptune, headed by Robin Geffen, bought four […]
K2 Names Citigroup Japan’s James A. Rice Managing Director And Head Of Firm’S International Group
Stamford, CT, and Tokyo, Japan, October 30, 2006 – K2 Advisors, L.L.C. (“K2â€Â), a $5 billion Connecticut-based fund-of-hedge-funds announced today that James (“Jimâ€Â) A. Rice has joined the firm as Managing Director and Head of the International Group. He is […]
GEM Capital Hires Talia Williams
HedgeCo.net ( New York ) –GEM Capital, the manager of the Belvedere Advantaged Muni Fund, the first and largest municipal bond arbitrage fund of funds, hired Talia Williams to manage GEM’s growingoperations and to coordinate the launch of two new […]
RBC acquires Carlin to increase hedge fund clientele
Financial News Online US – RBC Capital Markets will acquire trading-system provider Carlin Financial Group in order to grow the investment bank’s reach with hedge funds. Greg Mills, global head of equity sales and trading for RBC, said the primary […]