Author Archives: the HedgeCo News Team
HEDGE FUND MEDIA COVERAGE HITS RECORD IN 2005
Dubai, United Arab Emirates, March 7, 2006 -The world’s media wroteabout hedge funds a record 39,989 times in 2005, a 43% jump from 2004and more than six times as often as in 2000, according to 100 Times aDay: Hedge Funds […]
SEC: Gone Fishin’
New York Post – IT’S good to see that the U.S. Securities and Ex change Commission has come to its senses and that – at least for the time being – it won’t be enforcing the media subpoenas that have […]
Fund firms expand with big-money products
Boston Business Journal – The mutual fund industry is quietly building a multi-billion-dollar business around its “big money” clients, rolling out a handful of products — hedge funds and other “private” investment pools — that often require minimum antes of […]
Don’t hedge, start your own mutual fund
MarketWatch – “Remember the late 1990s, when all those twenty-five-year-olds were starting dot-coms and getting rich?” asks Dave Barry in his newest book, “Money Secrets.” That’s like “the boom going on with hedge funds now. Everybody is starting them. This […]
A look at long-short mutuals
San Francisco Gate – Reflecting the growing popularity of long-short mutual funds, Morningstar last week created a new category for them. Lipper will do so next month. These funds take some work to understand, but if you’re tired of the […]
HSBC launches distressed debt hedge fund
Reuters – HSBC Halbis Partners has this month launched a distressed debt hedge fund to exploit opportunities thrown up by an expected rise in corporate default rates this year. Analysts say the launch is probably the start of a trend […]
Buffett blasts hefty fund fees –
Buffett blasts hefty fund fees USA Today – 45 minutes ago … He’s bearish on hedge funds and money managers who often charge hefty fees … offered similar pessimism about the high fees charged by many hedge–fund managers and … […]
Developer hopes to fuel growth with $100M fund
Reuters – HSBC Halbis Partners has this month launched a distressed debt hedge fund to exploit opportunities thrown up by an expected rise in corporate default rates this year. Analysts say the launch is probably the start of a trend […]
Ratings agencies scope out hedge funds
Globe and Mail – With interest in hedge funds exploding, some ratings agencies are starting to scrutinize the lightly regulated, opaque industry. Moody’s Investors Service in New York is one. It’s developing a methodology for rating hedge fund operations and […]
Hedge funds cash in on rise in hostile bids
Times of Malta – Hedge funds are filling their boots on share speculation, as European hostile or unsolicited M&A bids reach a six-year high, fund sources say. Unsolicited bids are good news for share-speculation – the initial bid is typically […]
SEC lawsuit accuses hedge fund investors of fraud
Chicago Sun-Times – The U.S. Securities and Exchange Commission claims in a lawsuit Thursday that an investment adviser placed investors’ money in a fraudulent hedge fund. The SEC filed the lawsuit against Sharon E. Vaughn and her investment advisory company, […]
Hedge fund adds two more nominees for Algoma board
The hedge fund that is wrestling for control of Algoma Steel has added two more names to its list of proposed directors for the steelmaker. New York-based Paulson & Co. said it has added its president, John Paulson, and Desjardins […]