Author Archives: the HedgeCo News Team
Commodities: After the rally, the hangover, as cocoa prices plunge –
International Herald Tribune – Cocoa prices fell on Tuesday, recording their biggest two-day loss since 1989, on concern that the recent rally was overblown. Hedge fund managers and other large speculators have increased their net-long positions in New York […]
Market-timing case reminder of industry’s inequities
Macon Telegraph – Martha Stewart complained that she was almost trampled by the scrum of reporters at her trial on charges she lied about a stock sale. Stephen J. Treadway’s trial, in the sameManhattan federal court, was considerably quieter, although […]
LTCM Manager back in Hedge Fund Spotlight
WEST PALM BEACH, FL (HEDGECO.NET) – Long Term Capital Management, the hedge fund whose explosive collapse in 1998 nearly took the financial market down with them, is back in the spotlight again. The Nobel Prize-winning founder of LTCM, Robert Merton, […]
Credit Suisse/Tremont Hedge Fund Index Is Down 0.11% in June
NEW YORK, NY, July 17, 2006 — The Credit Suisse/Tremont Hedge Fund Index is down 0.11% in June, according to Oliver Schupp, President of the Credit Suisse/Tremont Hedge Fund Index. “Equity markets across the globe witnessed an increase in intra-month […]
Morningstar to Acquire InvestorForce
PRNewswire-FirstCall – Morningstar, Inc. MORN, a leading provider of independent investment research, todayannounced that it has entered into a definitive agreement to acquire the institutional hedge fund and separate account database division of InvestorForce, Inc., a Wayne, Pa.-based financial softwareand […]
Swift market trends challenge hedge funds
CANNES, France (Reuters) – Finding the talent to move assets around quickly to take advantage of trends that sometimes last for only short periods is a big challenge facing the hedge fund industry, aconference heard on Wednesday. “Market trends are […]
Hedge fund industry trims expected 2006 returns
Reuters – Hedge funds have scaled back their expected returns for the year following large losses in May and June on stock market bets, a survey of delegates at a hedge fund conference showed. The survey by organisers ICBI showed […]
Hedge Funds Pile Into European Loans, Cut Costs as Rates Rise
Bloomberg – At a time when interest rates and defaults are rising, Europe’s lowest-rated companies are having no trouble getting loans. More than 100 European borrowers that can’t get investment- grade credit ratings, from Yellow Pages publisher Yell Group Plc […]
Wachtell fights hedge fund activism
The Lawyer – Wachtell Lipton Rosen & Katz has joined the throng of vocal opposition to a recent ruling rejecting the Securities and Exchange Commission’s (SEC) rule requiring hedge fund advisers to register under the Investment Advisers Act. The New […]
Hedge Funds Near Day of Reckoning
Washington Post – Don’t be misled by the recent news that a U.S. court blocked the Securities and Exchange Commission from regulating hedge funds. The $1.2 trillion hedge fund business hasn’t permanently escaped the clutches of regulators. It has only […]
Hedge-Fund Managers Assets Go on Sale
Houston Chronicle – The assets of a hedge-fund manager indicted for scamming several pro football players out of millions of dollars will go up for auction later this month _ revealing a lavish lifestyle for the 35-year-old. Kirk Wayne Wright […]
New Star chief voices fears over hedge fund ploys
Telegraph.co.uk – John Duffield, founder chairman of New Star Asset Management, has raised serious concerns about the issue of fund managers front-running their long-only funds, such as unit trusts or investment trusts, with hedge funds. Front-running is the practice of […]