Author Archives: the HedgeCo News Team

ThatsRacin.com – For a small country, the Netherlands is home to a disproportionately large number of big-name, international companies — and the nation now seems to be drawing the attention of arange of global activist investors seeking boardroom influence, break-ups […]

Corvallis Gazette-Times – The Oregon Investment Council is weighing whether to make an unprecedented investment of public pension money into risky hedge funds. Some labor unions have objected to hedge fund investments, saying such funds charge outlandish management fees, and […]

Nobel-prize winning economist Robert Merton closed his latest hedge fund, IFL Continuum Fund, after three months because it failed to raise enough money. The fund hadcollected $30 million since the beginning of March to invest in credit securities. IFL Continuum […]

Reuters – The growing duties of pension fund trustees make them wary of hedge funds, but they are likely to funnel much more cash into them as an increasingly acceptable tool for diversifying assets,a senior HSBC executive said. At present, […]

VNUNet.com – The rapid development of new investment strategies devised by hedge funds has attracted the interest of tax authorities. The focus on taxation is because of the complex arrangements employed by the industry. Robert Mellor, a partner at PricewaterhouseCoopers, […]

Fort Lauderdale Sun-Sentinel – Shares of Boca Raton-based Nabi Biopharmaceuticals rose nearly 5 percent Wednesday after hedge fund Third Point LLC urged the biotech firm to allow Bank of America Corp. to explore a possible sale of all or part […]

People – Despite the recent fluctuations in the exchange rate of the Renminbi (RMB), China’s currency, international hedge funds are unable to flood the country and profit from the future appreciation of the RMB. Mei Xinyu, a senior researcher with […]

EETimes.com – Loeb Partners Corp., a New York-based hedge fund, has submitted a letter to fabless chip and intellectual property (IP) vendor Mosaid Technologies Inc.’s board of directors, proposingthat the company be sold. In the letter, which can be viewed […]

Cincinnati Enquirer – A Greenwich, Conn.-based hedge fund today agreed to take over the assets and liabilities of Smart Papers LLC, which employs more than 400 here. The purchase agreement, which still must be approved by the U.S. Bankruptcy Court […]

easier.com – Standard & Poor’s Fund Services has issued a warning to investors in funds-of-hedge-funds based on its latest research on the sector. “Investors may need to think carefully about market conditions despite hedge funds’ general aim for absolute returns […]

Former hedge-fund manager Jonathan Daws was sentenced to three years probation and a $50,000 fine Wednesday for his part in a stock scheme to depress the price of penny stocks. Daws managed Dallas-based hedge fund Gryphon Partners LP until late […]

Tribune Co. shares jumped nearly 5 percent yesterday after billionaire investor Nelson Peltz reported he acquired a 1.2 percent stake in the company. According to a filing Monday with the Securities and Exchange Commission, Peltz’ Manhattan-based hedge fund, Trian Fund […]