Author Archives: the HedgeCo News Team
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, […]
Heard on the Street: Tuning in institutional holders
Pittsburgh Post-Gazette – Gary Parsons, chairman of XM Satellite Radio Holdings Inc., was gratified in 2004 when blue-chip mutual funds began taking or increasing their stakes in his company. Thebets made by investors like TCW Asset Management, Fidelity Investments and […]
Investing in Hedge Funds on Campus
WEST PALM BEACH, FL (HEDGECO.NET) – Harvard and Yale reported larger than usual returns on their multi billion dollar endowments this year. As of June 30, 2005, Harvard and Yale had 12% and 25% oftheir respective endowments set aside for […]
Ex Morgan Stanley Exec Announces FCM Absolute Return Fund
WEST PALM BEACH, FL (HEDGECO.NET) – The former Morgan Stanley head of corporate finance in Singapore is moving his hedge fund, FCM Absolute Return Fund, into active externalmarketing with plans to raise $400 million. The hedge fund will target private […]
Hedge Funds for Everyone
Motley Fool – Do you have a net worth of $1 million? Own a hedge fund? If the answer to one of those questions is “yes,” then chances are that you know John Mauldin — president of Millennium Wave Advisors, […]
Investing: Don’t hedge your bets after all
FORTUNE Magazine – When it comes to investing, diversification is the closest thing to a free lunch. Simply by spreading money around unrelated investments – municipal bonds that zig when Wal-Mart and Microsoft shares zag – investors can reduce risk […]
Algoma boss lauds hedge funds
Hamilton Spectator – Canada’s struggling steel industry is recovering, thanks to the relentless demands of hedge fund managers for profits and return on their investment. Algoma president Denis Turcotte told a conference here yesterday that funds like Tricap Management Ltd. […]
Vision Investment plans to seed hedge funds
Vision Investment Management is establishing the Vision Angel Fund, which will provide seed capital for new hedge funds. The job of constructing the new fund has been given to Julius Wang, who has joined Vision as a managing director and […]
Euronext Makes Final Bid To Fend Off Hedge Funds
Wall Street Journal – Euronext NV management will today launch a last-ditch attempt to persuade shareholders to support it against hedge funds that want it to consider merging only with Frankfurt’sDeutsche Boerse AG, a person close to the company said. […]
Funds of Funds reach record level
FT Adviser – Figures produced by the IMA (Investment Management Association) revealed in the first three months of this year that the industry achieved total investment funds under management of £382bn and net retail sales of funds of funds of […]
Absolute returns pave way for hedge funds?
Absolute return funds may look like the route to safety-first investment by retirement funds; in fact, they could be the springboard for a retirement industry plunge into hedge funds. The tip comes from Dylan Evans, Director of Institutional Investing at […]