Author Archives: the HedgeCo News Team
Wendy’s speeds up Tims spinoff
Globe and Mail – Fast-food chain Wendy’s International Inc. plans a fast sale of its Tim Hortons chain, with ownership of the iconic coffee shops to be handed out to Wendy’s shareholders in a special stock dividend soon after Tim […]
Hedge funds disclose Six Flags stakes
MarketWatch – Hedge funds are now major shareholders in Six Flags Inc., the theme-park operator at the center of a proxy battle late last year with Washington Redskins owner Daniel Snyder. Highbridge, a $7 billion hedge-fund firm part owned by […]
Hedge Fund Says Court Denies Bally Motion
MSN Money – A hedge fund that is agitating for leadership change at Bally Total Fitness Holding Corp. said Thursday that a Delaware court has denied a motion by the health club operator to speed upthe legal process that would […]
Hedge funds caught out by dollar slide versus yen –
Reuters – Hedge funds were caught off-guard by the dollar’s recent lurch lower versus the yen and much like last year may struggle with the currency pair in 2006, industry analysts said. That, however, mainly applies to global macro funds, […]
Hedge fund manager seeks fallen growth stocks
NYdailynews.com – Going against the crowd can be rough on investors, but Manny Weintraub believes that underneath those bumps are some real gems. Weintraub heads Integre Advisors, a New York-based long-only hedge fund that invests about $140 million for high-net-worth […]
Man Group Gains $700 Mln of Hedge Fund Investments
Bloomberg – Man Group Plc, the world’s biggest hedge fund company, said the amount of money added by customers in the fiscal third quarter more than tripled after it opened a new fund. Investors added a net $700 million in […]
Asset manager gets strong boost from hedge-fund performance fees
SAN FRANCISCO (MarketWatch) — Two years after agreeing to pay massive penalties for its role in the mutual-fund industry’s improper trading scandal, Alliance Capital Management Holding L.P.’s fortunes are looking brighter. The New York-based asset manager (AC61.66, +0.19, +0.3%) is […]
Hedge Funds Want Higher Carter Holt Bid
Yahoo! News – Hedge funds are trying to persuade New Zealand billionaire Graeme Hart to raise his NZ$2.50-a-share takeover offer for Carter Holt Harvey (CAH.NZ), The Dominion Post reported Thursday,citing a source. The source told the newspaper that hedge funds […]
The Hedge Fund Report: Home Cooking at ForstmannLeff
TheStreet.com – Usually asset managers or banks buy hedge funds, not the other way around. An exception is the recent decision by $10 billion hedge fund manager Angelo Gordon & Co. to buy New York equity investment firm ForstmannLeff Associates, […]
Why Hedge Funds?
Forbes – So you want to be a millionaire. OK, maybe you already are one. But are you still investing in hedge funds? As an investor, last year certainly wasn’t a year to remember. Hedge funds notched an average 8.03% […]
Hedge fund firm Emergent says sell US assets
Reuters Italia – Investors should sell their U.S. assets, especially the dollar against the yen, as America’s economic and political power is likely to decline this year, a hedge fund manager toldReuters. David Murrin, chief investment officer at Emergent Asset […]
Large Increase in Number of Hedge Fund Shareholders Fuels IRM
Bobsguide – Stakeholder numbers, both individual and institutional, in alternative asset vehicles are expected to grow a phenomenal 210% in the next five years, spurring a corresponding demand fornew software and technology to manage investor relationships. The asset management industry […]