Author Archives: the HedgeCo News Team
Pension funds sign pact to ensure ethical investment
Financial Times – Pension funds worth more than $2,000bn will commit themselves on Thursday to the first global charter placing environmental, social and governance (ESG) standards at the core oftheir investment strategies. The 32 funds from six continents include some […]
Hedge Funds Take Aim at Nabi
Street.Com – David Knott and Daniel Loeb are becoming quite a tag team when it comes to small, distressed pharmaceutical companies. Last fall, the two hedge fund managers joined forces, or at least their shares, to push for changes in […]
CME Live Cattle Futures Register Open-Interest Records
CattleNetwork.com – Commercial accounts, trend-following funds, inflation-hedge positions and active spread markets all contributed to back-to-back record-high Chicago Mercantile Exchange livecattle futures open interest early this week, according to traders and analysts. “The general increase in commodity futures market […]
Young hedge funds make best returns
Reuters.uk – Hedge funds within the first two years of doing business tend to chalk up higher returns than older funds, which is a key factor for clients to watch, a senior industry figure said onWednesday. “There does seem to […]
Hedge Fund Battles to win Topps
New York Post – A feisty hedge fund has revived its battle for control of Brooklyn-based Topps, after the legendary maker of baseball cards and Bazooka gum failed to sell itself lastyear. Pembridge Capital Management, which owns 1 percent of […]
Hedge Fund to Benefit Emerging Markets
WEST PALM BEACH, FL (HEDGECO.NET) – Russia’s capital markets have been climbing with amazing speed in recent months, drawing attention from investors worldwide and securing Russia’s place as the leading, and most lucrative,â€Âemerging market†on the planet. The new hedge […]
China and Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – As the Chinese government continues to broaden its financial markets to foreign investors, hedge fund interest in the region has climbed. Sandra Manzke, a hedge fund industry veteran in an interview with CNN stated, “We […]
2 Firms Claim Conspiracy in Analyst Reports
Washington Post – Are Biovail Corp. and Overstock.com Inc. promising companies victimized by unscrupulousinvestors illegally conspiring with stock analysts and journalists? Or are they troubled firms whose executives have turned to wild conspiracy theories to divert attention from underlying businessproblems? […]
Ex-Nortel chief to help AEA grow in Asia
MSN MoneyCentral – Bill Owens, the former chief executive of Nortel and former high-ranking US military official, has agreed to join AEA Holdings to lead the US private equity firm’s expansion intoChina and India. The move, which will be announced […]
World Health CEO accused
Connellsville Daily Courier – Former World Health Alternatives Inc. Chief Executive Richard McDonald lied, withheld information and even told company executives that a reality television show paid $1million to follow employees at work — all to fill his own pockets, […]
Hedge fund advisers face tough examination by SEC
MSN MoneyCentral – The Securities and Exchange Commission is being far more rigorous than expected in its inspection of hedge fund advisers since new rules were introduced requiring advisers toregister with the regulator, according to industry participants. The registration requirement […]
Retail participation in hedge funds a worry
Sharechat.co.nz – The increasing retail participation in hedge funds either directly or through pensions funds, is worrying sharemarket regulators around the world, says Jane Diplock, the chairwoman of New Zealand’s Securities Commission. Diplock, who also chairs the executive committee of […]