Author Archives: the HedgeCo News Team
New hedge fund of funds opens for institutional investors
The £360m (€525.5m) Bexley Council Pension Fund will launch a tendering process in the next week for its first private equity and hedge fund mandates amounting to 5% of the scheme’s assets. The two fund of fund mandates will be […]
Hedge Funds ‘May Not Be Easy to Regulate’
NEW hedge funds continue to open their doors for business, despite the lack of regulation in the hedge fund industry. According to the Nedgroup Hedge Fund Review, three new hedge funds entered the market in the last quarter of last […]
Hedge Funds Still Outperforming
Hedge fund performance last year was less than stellar, but managers, in the aggregate, were still able to outperform the broad market averages. That’s what they’re paid for — although those pay packages will leave investors with less. The CSFB/Tremont […]
Where Have All the Bubbles Gone?:
Slate – This season’s stock-market mystery is: The Case of the Declining Volatility. Volatilityâ€â€the degree to which stocks move in any particular directionâ€â€is strangely absent on Wall Street. The DowJones Industrial Average closed the year down 0.61 percent, the smallest […]
Endesa hedge fund shareholders call for end to ‘poison pill’
MADRID (AFX) – At least three Endesa SA hedge fund shareholders with a total of around 5.5 pct of the company are prepared seek the removal the ‘poison pill’ clause from the utility’s statutes, La Gaceta de los Negocios reported, […]
The Hedge Fund Report: Fighting for Korea Fund
TheStreet.com – Hedge fund activists are becoming more involved in the life of companies where they own a stake. When the company is a closed-end fund, some go as far as recommending changes in the investment strategy. The latest example […]
Overcrowding set to force hedge fund fees to tumble
Hedge fund managers, some of the City’s highest paid traders, face slashed performance fees as the sector loses money and investors, a leading academic said yesterday. Narayan Naik, the director of the London Business School’s Hedge Fund Centre, said overcrowding […]
Family firms join hunt for the rich
Beneath a pine-fringed park in Gig Harbor, Washington, on the banks of Puget Sound, George Russell is hunting for the very rich. Russell, 73, runs Threshold Group, an investment boutique catering to some of the most exclusive and sought after […]
Funds and investors paint bullish picture for gold & precious metals
Hedge funds and investors firmly established themselves as precious metal bulls yesterday with all four metal posting solid gains on the first full day’s trade of 2006. The dollar in contrast went in the opposite direction; largely due to speculation […]
Japanese M&A hits 6-year high with mega-deals ahead
Reuters – Deal-making in Japan quickened to a pace not seen in six years in 2005, and bankers expect more multi-billion dollar mergers early in 2006 as firms seek to boost sales through acquisitions in a blossoming economic climate. The […]
Gold May Extend Gains for Sixth Year as Hedge Funds Diversify
Bloomberg – Gold prices may extend gains for a sixth year in 2006 as hedge funds buy the precious metal to diversify from stocks, bonds and currencies. The price of bullion may rise 18 percent to average $525 an ounce, […]
Fewer hedge fund managers see stock gains in January
Hedge fund managers are less optimistic that U.S. equities will rise in January compared to previous recent months, a survey of 20 hedge fund managers released on Tuesday found. The monthly Greenwich-Van Advisors LLC survey of hedge fund investor sentiment […]