Author Archives: the HedgeCo News Team
Short-term funds may buy less commods after BOJ
Reuters – A potential rise in yen borrowing costs after Japan’s tiny step toward monetary tightening could slow short-term money inflows into commodities, but longer-term investors such as pensionfunds will probably keep on buying. The Bank of Japan’s decision on […]
Activists Score One at Brink
Street.Com – Activist investors don’t always prevail. But in the case of Brink’s (BCO:NYSE – news – research – Cramer’s Take),they’re celebrating a victory. Following a round of activist activity, on Wednesday the company authorized a “Dutch auction” self-tender offer […]
Funds rush into Bulgarian property placing
CityWire.co.uk – Top fund managers have piled into Bulgarian Property Developments (BPD) in a share placing to raise £75 million to develop several property sites in Bulgaria. New Star’s Paul Craig is one manager who has taken advantage of the […]
Hedge fund blowups not scaring investors yet-study
Reuters – Hedge fund blowups make for scary headlines but so far they have not frightened investors into looking more closely at how these slightly regulated funds operate before putting money in,new research shows. In Georgia, investors last week hired […]
Hedge fund firm Dexion explores carbon emissions
Reuters Italia – Overcrowding in traditional markets and the quest for higher returns has prompted hedge fund firm Dexion Capital to look further afield, at carbon emissions and electricity tradingand reinsurance. Too much money chasing the same few opportunities in […]
Hedge funds see greener pastures outside US
Reuters – Hedge funds trying to boost pedestrian returns must look beyond stable U.S. equity and bond markets to Europe and Asia, where they can exploit greater volatility, industry officials say. The $1.1 trillion hedge fund industry thrives on volatility, […]
Arcelor CEO wants to fend off Mittal takeover, but sees industry consolidation
Forbes – Arcelor SA still believes it can fend off the Mittal Steel Co NV takeover bid, but does see the need for consolidation in the steel industry, chief executive Guy Dolle said according to the pre-release of an interview […]
Fortis Says It Cut Jobs Among Top 3,000 Managers
Bloomberg – Fortis, Belgium’s biggest financial-services company, dismissed some of its 3,000 top managers as Chief Executive Officer Jean-Paul Votron implements a plan to improve leadership and make savings. Among the management group, “less than 10 percent” have left Fortis, […]
Bank moves to buy hedge fund firms may hit returns
Reuters Italia – An increasing number of big banks and insurers are swallowing hedge fund firms so they can offer such services to institutional clients, but the takeovers may end up cutting returnsto the funds’ investors. Financial companies now see […]
Hedge funds lead fund firms to stockmarket
Reuters Italia – A number of European fund management firms, led by hedge funds, are listing on stock markets this year, giving investors more public information to judge performance and industrytrends. They are adding to what has been only a […]
Feb. hedge funds returns shrink after strong Jan
Reuters – Hedge funds delivered only tiny gains in February after starting the year off with strong returns in January, according to data released on Wednesday. During the second month of the year, when the broader market was mostly flat, […]
Old Mutual-Skandia deal reflects hedge-fund role
MarketWatch – Late into dinner with investment bankers at the upscale Stockholm restaurant Divino in mid-November 2004, Swedish hedge fund investor Christer Gardell got the call he was waiting for: Carl Icahn was agreeing to invest in Sweden’s oldest listed […]