Author Archives: the HedgeCo News Team

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 is David […]

William Fatt, 54, is worth watching to see if the hotelier can placate a U.S. corporate raider intent on flipping his company, Fairmont Hotels & Resorts Inc., at a time when raiders and hedge funds have an unprecedented number of […]

Globe and Mail – John Xanthoudakis wants to restore his shattered reputation. The founder of troubled Norshield Financial Group has stepped back into the media glare in an effort to dispel the perception of improper dealings at his controversial hedge […]

Telegraph.co.uk – The glamour and allure of hedge funds has faded, according to figures, which show the amount of money invested in them halved over the past year as returns fell below 7pc. Oliver Schupp, the head of investment bank […]

David and Eugene Grin built a major business for themselves selling last-ditch loans to troubled companies. But with returns slipping, some wonder if their Laurus Family of Funds can continue fattening itself at the bottom of Wall Street’s food chain. […]

Think hedge funds mint money? Consider this: The Standard & Poor’s hedge fund index posted gains of just over 2.4 percent in 2005–after meager gains of 3.6 percent in 2004–or about half the performance of the S&P 500. That track […]

AIM Global Equity Fund’s Derek Izuel searches the world for stocks that “outperform in all kinds of markets” Derek Izuel, portfolio manager of the $409 million AIM Global Equity Fund/A (GTNDX ), says he is always looking for ways to […]

National Post – If you take the first five years of the new millennium and project them into the future, it’s not hard to figure out what a typical investment portfolio will consist of at the end of the decade: […]

Washington Post – The chess match between Ashburn defense technology company Telos Corp. and a New York hedge fund didn’t take a break for the holidays — to the extent that Telos is now in the position of investigating itself. […]

NEW YORK — Phillip Goldstein is an unlikely torchbearer for the swashbuckling hedge-fund industry. He was a New York civil engineer for 25 years before launching his fund from his basement in Brooklyn, and he drives a Toyota Camry. “Before […]

Most people view hedge funds as risky investment vehicles. Richard A. Schilffarth sees them as the best way to drive performance for the next several years. Not just for the rich and famous anymore, hedged portfolios are now available to […]

BOSTON –An attorney for a hedge-fund manager said Thursday his client plans to plead guilty in an agreement with prosecutors who charged him with insider trading in connection with an alleged tip about a bank acquisition. The attorney, Mark Pearlstein, […]