Author Archives: the HedgeCo News Team
SEC seeks information in Overstock complaints
Salt Lake Tribune – Overstock.com Inc., which has accused a research company and hedge fund of conspiring to drive down its stock, received a subpoena from the United States for information about its claims and accounting policies. The Securities 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 […]
Hedge Funds rule Conference
Cayman Net News – As the $1.1 trillion hedge fund industry continues to move into mainstream investing, regulators will focus more of its efforts on protecting the consumer according to the Elizabeth Jacobs, Deputy Director of International Affairs at the […]
EU Closes Door on Hedge Fund Regulation
WEST PALM BEACH, FL (HEDGECO.NET) – Charlie McCreevy, the EU Internal Markets Commissioner, supported the hedge fund industry yesterday when he ruled out introducing newregulations for hedge funds, telling a European committee that they played a central role in putting […]
April DOW Jones Hedge Fund Strategy Benchmarks Show Gains
All six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted net-of-fees gains in April 2006. Equity long/short led the way in April with a net-of-fee gain of 1.78% and continues to be the top performer on a […]
Heard on the Street: Activist hedge funds win fans
Pittsburgh Post-Gazette – Until recently, most investment banks had little to do with activist hedge funds. Many of these investors were too small to have a chance of succeeding in their quests toshake up companies, and banks were wary of […]
Hedge Fund Report: KKR
Street.Com – The alternative-investment world witnessed a far-reaching change last week when private equity behemoth Kohlberg Kravis Roberts raised $5 billiondollars through an initial public offering on Euronext for one of its investment units. Other private equity firms, including The […]
A rising tide
MSNBC – Though venture capitalists resumed sitting on their hands, a flood of private-equity capital, along with one large transaction, meant Metroplex firms raised the most money in the firstquarter since the fourth quarter of 2001. Local firms received a […]
Agitator Takes Big Stake in NYSE
New York Post – Atticus Capital, a hedge fund that doesn’t shy away from boardroom drama, is now the New York Stock Exchange’s second-largest shareholder. Atticus, with $12 billion under management, was busy last week buying nearly 2.5 million Big […]
Swiss firm Saurer to fight Laxey at meeting
Reuters – Man Financial Inc, the U.S. arm of Man Group, said on Monday it would “vigorously defend itself” against allegations that it acted improperly in its role as a broker to failed hedge fundPhiladelphia Alternative Asset Management Co. (PAAMCo). […]