Author Archives: the HedgeCo News Team
Dollar Flat Against Yen in Asian Trading
TOKYO (AP) – The dollar was almost flat against the yen Wednesday in Asia as traders adjusted their positions amid mixed sentiment over the Japanese central bank’s monetary policy. The dollar was trading at 118.02 yen by mid-afternoon in Tokyo, […]
Icahn calls for Time Warner breakup
Reuters -Investor Carl Icahn on Tuesday called on Time Warner Inc. to break its empire up into four separate companies, citing a Lazard Ltd. report he commissioned that also recommended stock buybacks totaling about $20 billion. Icahn also said on […]
CFTC chair warns hedge funds over more regulations
Reuters – Hedge fund managers must maintain high levels of business integrity or face a government crackdown, the newly appointed chairman of the Commodity Futures Trading Commission told an industryconference on Tuesday. The fast-growing industry, many of whose members were […]
Which hedge funds convertibles strategy is a winner?
MarketWatch – Convertible securities can be bought at bargain prices, if a long-term investor can wait out the typical hedge fund holding period — three months — and pick through the selection managers are selling. Hedge fund managers typically measure […]
Hedge fund buys stake in Team Financial
Kansas City Business Journal – A New York hedge fund has bought a stake in TeamBank’s owner. Interests controlled by Israel Englander, including Millennium Management LLC, have bought 6 percent of Team Financial Inc. The Paola-based bank owner (Nasdaq: TFIN) […]
Hedge fund turns up heat on Angelica directors
St. Louis Post-Dispatch – The Steel Partners II LP hedge fund on Monday stepped up pressure to gain power on Angelica Corp.’s board, telling regulators that it will ask Angelica shareholders to replace two directors – including the company’s chief […]
Hedge fund assets seen rising despite weak returns
Reuters.uk – Weak returns stemmed the flow of money into hedge funds late last year, but panellists at a conference said growth of assets in the industry will pick up as institutions continue todiversify their portfolios. Data from Chicago-based Hedge […]
Retail hedge funds likely to appear on Irish market in medium-term
Finance Magazine – Ireland looks likely to follow the lead set by Germany and the UK by offering retail investors the chance to buy into hedge funds for the first time. Leading figures in the Irish investment management industry believe […]
Hedge fund managers fear arbitrary SEC probes
Reuters – Hedge fund managers, many of which were forced to register as investment advisers for the first time this month, now have a new worry: legions of government inspectors poring over theirbooks and finding arbitrary violations. At an industry […]
At declaration day, Hedge Funds find way around regulations
Belleville News-Democrat – CHICAGO – Many hedge funds, the often secretive and lightly regulated investment vehicles for wealthy individuals and big institutions, are hedging when it comes to new rules requiring them to give up some of their privacy. Since […]
The Hedge Fund Report: Mission Mostly Accomplished
The asset manager has turned itself around, thanks in part to CEO Gary Black’s efforts, but there are still reasons for investors to be cautious Named for a two-headed Roman god, Janus Capital Group (JNS ) may have done an […]
FTSE Hedge Index returns strong performance for quarter
HedgeCo.Net – The FTSE Hedge Global Index continued its upward climb in January, posting gains of 2.12% in US$ terms. This is the third straight month of greater than 1% monthly returns, bringing the last rolling quarter’s cumulative return to […]