Author Archives: the HedgeCo News Team
Pension Funds to Invest in European Hedge Fund Growth
WEST PALM BEACH, FL (HEDGECO.NET) – Mercer Investment Consulting surveyed more than 570 European pension funds with $364bn under management. It found that some 13% of continental European and Irishpension funds invest in hedge funds, almost double the number in […]
Stocks Are So 20 th Century
Slate – The newly public New York Stock Exchange just unveiled a $10 billion offer for Paris-based Euronext, which owns securities exchanges in France, Holland, Belgium, Portugal, and England. Meanwhile, Nasdaq last week announced it had amassed a 25 percent […]
Hellman & Friedman May Acquire Gartmore, People Say
Bloomberg – Hellman & Friedman LLC, a buyout firm with a specialty in financial services, may buy London-based Gartmore Investment Management Plc, which oversees $78 billion, two people withdirect knowledge of the situation said. Hellman & Friedman, based in San […]
Euronext faces shareholders with merger proposals
Reuters – Earlier this month, Euronext asked shareholders to vote against an agenda point at the shareholders’ meeting on the principle of a merger with Deutsche Boerse. And on Monday, the Paris-based company said a deal with the NYSE would […]
Tokyo shares outlook – Lower after markets worldwide plunge
Forbes – Share prices are expected to open lower as market sentiment is likely to be dampened by a retreat on Wall Street and other markets around the world, dealerssaid. On Wall Street overnight, the Nasdaq Composite Index fell 21.03 […]
Market falls refresh hedge fund allure
LONDON (Reuters) – The recent sharp drop in equities markets is a timely reminder of the benefits of alternative investments like hedge funds, a senior Credit Suisse bank executive told Reuters in aninterview on Thursday. The hedge fund sector had […]
Saranac Capital Management to return $600 million in Investments
WEST PALM BEACH, FL (HEDGECO.NET) – Saranac Capital Management is to close after less than 18 months in business. The hedge fund started with $2.9 billion under management in December of 2004, butunimpressive performance saw investors withdraw their investments over […]
Hedge funds are enjoying it all right now
Belleville News-Democrat – Hedge-fund managers sit in the investment world’s sweet spot, though it may be getting late in the game. Successful hedge-fund managers can earn untold riches employing investment strategies that range from buying common shares and influencing public […]
Endowed With Risk
Washington Post – How does someone put $425 million of a university’s hard-earned endowment into hedge funds, corporate buyout partnerships and real estate? Very slowly and carefully. That’s how Lawrence Kochard is approaching his job two years after Georgetown University […]
Commodity Selloff Prompts Consensus for Bulls, Bears
Bloomberg – Mayur Ajmani bought copper last month only to see $11,000 of his investment vanish in an hour when the metal had its biggest decline May 15 since 2004. “The loss was about the same as my entire salary […]
Hedge Fund, Alternative Asset Managers to Start Charity in Asia
Bloomberg – Hedge fund managers in Asia are showing their soft side by setting up a charity, the first of its kind in the region. Returns Invested in Children and Education, or RICE, will also raise money for minors in […]
Hedge fund manager looks for cash flows in Greater China
While there are plenty of investment opportunities in Greater China, one Hong Kong hedge fund manager says that finding under-researched, undervalued opportunities can offer good long-term upside. “You know these opportunities when you see them. Last year we were in […]