Author Archives: the HedgeCo News Team
EFG buys Hedge fund firm Capital Management Advisors
Investors Business Daily -EFG International said on Monday that it agreed to buy hedge-fund firm Capital Management Advisors as the Swiss private bank responds to increased client demand foralternative investments. The price of the deal wasn’t disclosed, but EFG said […]
Mood on Wall Street turns bearish, top analysts say
Orlando Sentinel – A panel of top Wall Street analysts gave some advice last week to some of Orlando’s leading finance experts: Prepare your clients for bad news. A number of potential warning signs have cropped up that could spell […]
Hedge Funds Bring Capital, Anxiety to India
Bloomberg – As hedge funds from across the world shower riches on Indian stock markets, all that the country’s central bank can worry about is how to stop them. Without hedge funds the benchmark Mumbai Sensex probably wouldn’t have scaled […]
Fraud within hedge funds on the rise
Cayman Net News – Along with the phenomenal growth of hedge funds, there has also been a steady rise in funds collapsing as well. The Head of the Insolvency and Recovery at local legal firm Walkers, Guy Locke, said that […]
Pirate makes a run at Hardees’ parent
St. Louis Business Journal – Pirate Capital is making waves at CKE Restaurants Inc., parent company of St. Louis-based Hardee’s. The Norwalk, Conn.-based hedge fund spent about $58.7 million since early December acquiring a 7 percent stake in CKE, making […]
Commodities markets sink as funds cut positions
Reuters – Commodity prices tumbled across Asia on Monday, extending last week’s sell-off in copper, gold and other markets by once big-spending hedge funds in North America and Europe. Gold, zinc and copper — all big gainers in recent months […]
Swiss private bank EFG buys Bermuda hedge fund
Reuters – Swiss private bank EFG International (EFGN.S: Quote, Profile, Research) has acquired 100 percent ofthe share capital of hedge fund manager Capital Management Advisors from its founders, the bank said on Monday. No price was given for the deal […]
Hedge funds to crash Vardy deal
The Sunday Times – PENDRAGON’s £506m bid for rival car dealer Reg Vardy could be frustrated by a number of hedge funds and proprietary trading desks that have built a big stake in the group,writes Richard Fletcher. Despite having triumphed […]
Pension plans turn to hedge funds
Arizona Republic – If you had a chance to look under the hood of your pension fund, you just might find a hedge fund or two inside. Public pension funds, like other investors, have been struggling to boost returns amid […]
Private equity funds bristle as hedge funds muscle in
A revolution is expected, but can hedge funds take over the world? Gemma Westacott reports: Hedge funds are encroaching on what has traditionally been the hunting ground of private equity funds. Merrill Lynch chairman for Europe, the Middle East and Asia […]
Hedge Funds’ Huge January
January was a very good month for hedge funds. Lifted by a strong stock market, hedge fund performance was up 3.65% for the month, according to Hedge Fund Research. That beat the 2.55% returned by the S&P 500 over the […]
Recognising South Africa’s top performing hedge funds
Cape Town – 10 February 2006. Six of South Africa’s top performing hedge funds were recognised for their achievements at the second annual Old Mutual Symmetry Hedge Fund Awards in Cape Townlast night. The winners were picked from 21 […]