Author Archives: the HedgeCo News Team
NFL Seeks Dismissal of Hedge Fund Suit
Forbes – The NFL and its union say a lawsuit filed by six current and former players seeking to recoup $20 million they lost in an alleged fraud scheme should be dismissed, arguing in part that league players are solely […]
Warnaco should consider sale, hedge fund says
MarketWatch – The Warnaco Group should consider selling itself as a way to deliver value to shareholders after a slump in the sportswear company’s stock this year, activist hedge fund firm Barington Group said on Monday. Barington reported a 5.6% […]
Hedge funds have a role in protecting savings
Business Day – RETIREMENT funds should include hedge funds in their investment plans to ensure they construct optimal portfolios to protect SA’s limited savings. Warren Brown, Head of Fixed Interest and Financial Modelling at Old Mutual’s SYmmETYRY Multi- manager said: […]
Hedge funds are caught out by equity markets
The Sunday Times – HEDGE fund managers who fail to hedge were blamed yesterday for a prolonged bad patch for the industry that has now stretched into its fifth month. Hedge funds have increasingly been placing directional bets on rising […]
Pirate Capital to Soft-Close at $2 BN
HedgeCo.Net (New York) – Pirate Capital LLC, the activist hedge fund manager, is planning to soft-close its funds once the firm’s assets under management reach $2bn, thefirm had an AUM of $1.7bn, as of July 31, 2006, and it is […]
Hedge fund Manager Challenges Volvo
HedgeCo.Net (New York) – Swedish activist hedge fund, Castlerigg, has been causing a stir while trying to drum up interest among Swedish investors for a bid for truck maker Volvo. Thomas Sandell, US based Swedish financier and founder of Sandell […]
Ambit has big plans for fund
Lexington Herald-Leader – A city-based investment firm is launching what is likely the first hedge fund headquartered here. But don’t think that Ambit Funding’s small town location dictates modestgoals. “We expect to be able to compete with some of the […]
Newcastle target for possible takeover –
Irish Examiner – Newcastle could be the latest Premiership club to be targeted for a takeover after a Jersey-based investment company confirmed their interest today. The Belgravia Group announced to the Stock Exchange early this morning that they are considering […]
If you want to act like a hedge fund manager, get into GET
Independent – Anyone can be a hedge fund manager. Can’t they? These days, the City’s richest professionals seem to spend all their time punting on bid situations. If they get it right, it can prove to be hugely profitable. The […]
Man goes after retail with new hedge fund-like fund
FinanceAsia – Man Investments introduces a futures and options fund containing a guarantee feature, aiming at Hong Kong’s retail base. The name Man AHL Guaranteed Futures will shortly be appearing in Hong Kong bank branches in an alternative products launch. […]
SEC has authority now to investigate hedge funds –
Providence Journal – A decade ago, derivatives trading was the hot new thing, and people began to worry about the harm it might cause to investors and the health of the financial system. It wasn’tlong before someone proposed regulating the […]
Hedge funds have not done what it says on the tin
Financial Times – Hedge funds are frequently promoted as offering positive returns regardless of conditions in the markets. But the recent performance of funds of hedge funds, which offer the additional security of investing across a range of underlying funds, […]