Author Archives: the HedgeCo News Team

Philadelphia Inquirer – New Jersey’s state-employee pension fund for the first time will put money into hedge funds, the state’s top investment official said. The fund also plans to hire advisers to try to double or triple its investment in […]

Safe Haven – Following a near melt-up in share prices at the beginning of this month, markets have suddenly become unstuck. Rattled in part by disappointing results from the likes of Intel, GeneralElectric and Citigroup, as well as jitters over […]

Reuters.uk – Despite wildcat strikes and talk of bankruptcy hanging over Alitalia, two investors have bought big stakes in the carrier, and hedge fund sources say it is part of a trend to buyairlines seen as cheap in a bull […]

Bloomberg – In September 2004, Philip Hoffman did something unusual: He bought a painting he actually likes. It was a work by Ed Ruscha, a pop art icon whose paintings hang in the National Gallery in Washington. Hoffman says he […]

For some time now, the distinction between hedge funds and some mutual funds has been waning. Two new offerings should help that process along. Janus (JNS:NYSE – commentary – research – Cramer’s Take), the Denver money manager with $148 billion […]

Reuters – Hostile and unsolicited takeover activity has run rampant lately, and buyers who are getting in on the action may want to draft thank-you notes to their favorite hedge funds for helping tostir the waters. Last year was the […]

Reuters Italia – EU financial market watchdogs have rejected industry requests to allow pan-European Union funds to invest in hedge fund indices, which are often seen as riskier than traditionalassets like stocks and bonds. The Committee of European Securities Regulators […]

Charlotte Observer – When hedge fund Mangan & McColl Partners sent its regular update to investors this month, the firm left out a significant event: One of the partners had been sanctioned byregulators. Instead, the Jan. 19 letter stuck to […]

Bloomberg – Barclays Global Investors, the fund management unit of Barclays Plc, overtook rivals GLG Partners LP and Vega Asset Management as the largest European manager of hedge funds, according toInstitutional Investor’s Alpha magazine. BGI had $13 billion of assets […]

MSNBC – The head of Novartis, Daniel Vasella, has called for regulators to look into hedge funds and the media after growing concerns about their roles during recent speculation over his company’s takeover plans. Dr Vasella, chairman and chief executive […]

Reuters – Pershing Square Capital Management on Wednesday said it dropped its activist campaign against McDonald’s Corp. (MCD.N: Quote, Profile, Research) and threw its support behind the growth plan the fast-food chain outlined on Tuesday. McDonald’s stock fell after Pershing’s […]

Reuters – The increasing presence of hedge funds onto private equity turf works in favor of buyout funds, Thomas Lee, the billionaire, founder and namesake of private equity firm Thomas H. LeePartners, said on Wednesday. “I think you will see […]