Author Archives: the HedgeCo News Team
FUND VIEW-Good potential in Latin America
Reuters – Latin American bond and equity markets offer investors strong potential for large returns despite the bloodbath on commodity and stock markets on Monday, a hedge fund firm told Reuters. Hedge fund firm Emergent Asset Management and Argentina’s MBA […]
Investigators Search for Hedge-fund HK Diamonds
Diamonds.net – Financial investigators are trying to locate a stash of 100 diamonds bought in Hong Kong using money linked to a high-profile hedge-fund scandal in Canada. The tangled web leading to the diamonds involves a Hong Kong diamond merchant, […]
Credit Suisse/Tremont Hedge Fund Index Is Up 2.22% in April
WEST PALM BEACH, FL (HEDGECO.NET) – The Credit Suisse/Tremont Hedge Fund Index is up 2.22% in April, according to Oliver Schupp, President of the Credit Suisse/Tremont Hedge Fund Index. “The equity markets continued an upward trend due to ongoing corporate activity, […]
Heard Off the Street: Hedge funds have come a long way
Pittsburgh Post-Gazette – More than 50 years ago, former diplomat and Fortune magazine staffer Alfred Jones decided to limit the risks of stock investing by short selling other stocks. In theory, Mr.Jones’ short sales — selling borrowed stocks at current […]
State PUC has questions for Harbinger hedge fund
OregonLive.com – A hedge fund that recently snapped up more than 7 percent of Portland General Electric’s newly issued stock appears to be on a collision course with Oregon regulators, who are demanding that the investor explain why it has […]
The Triumphs, and Obsession, of New Hedge Fund Managers
New York Times – SIZE matters in hedge funds. But bigger is not always better. New fund managers tend to knock the cover off the ball during their first two years, accounting for much of the outperformance that has made […]
Hedge fund invests in drugs
International Herald Tribune – TPG-Axon Capital Management, a $5.8 billion hedge fund run by Dinakar Singh, is teaming up with a partner to invest in drugs during their final stage of testing. TPG-Axon and Quintiles Transnational will make investments when […]
Hedge fund sells stakes in 5 firms
Chicago Tribune – Citadel Investment Group LLC, the $12 billion hedge fund firm founded by Ken Griffin, sold all its shares of Merrill Lynch & Co., ConocoPhillips and Oracle Corp. in the first quarter, according to a regulatory filing. The […]
Hedge Fund Demands Sale of Company’s Namesake Property
WEST PALM BEACH, FL (HEDGECO.NET) – California Coastal Communities, Inc. has been told by a hedge fund group holding 11 percent of its stock, to auction off its 105-acre Brightwater Project. The349-unit project lies on 105 acres overlooking the Bolsa […]
Retired RBS Chief Sir Mathewson Joins Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – Sir George Mathewson, former chief executive of Royal Bank of Scotland, is to become chairman of hedge fund Toscafund Holdings. It is his second appointment in a week since retiring on 28 April after […]
The Triumphs, and Obsession, of New Hedge Fund Managers
New York Times – SIZE matters in hedge funds. But bigger is not always better. New fund managers tend to knock the cover off the ball during their first two years, accounting for much of the outperformance that has made […]
Hedge fund demands sale of California Coastal’s land
Reuters – A hedge fund group holding 11 percent of developer California Coastal Communities Inc. (CALC.O: Quote, Profile, Research) on Thursday told thecompany to sell a key asset and give the money to shareholders. The fund, Mellon HBV Alternative Strategies, […]