Author Archives: the HedgeCo News Team
Hedge fund industry appears to be cooling off – Salt Lake Tribune
During the past decade, hedge fund managers have emerged as masters of a secretive, $1.08 trillion universe. They rode the ’90s bull market, shorted stocks as the Nasdaq collapsed and made – and sometimes lost – vast fortunes. Now, the […]
Pension Officers Putting Billions Into Hedge Funds
(New York Times) Faced with growing numbers of retirees, pension plans are pouring billions into hedge funds, the secretive and lightly regulated investment partnerships that once managed money only for wealthy investors. The plans and other large institutions are expected […]
Hedge Funds Work for Yale, but Will They Work for You?
(New York Times) DEEP-POCKETED investors have done famously well by depositing some of their surplus millions in hedge funds. The Yale University endowment, for example, has relied heavily on hedgefunds over the last two decades to earn annual returns of […]
Commodity Futures Interest Rising In Australia
SYDNEY (Dow Jones)–Slow on the uptake, Australian investors are starting to warm to commodities in a sign the likes of metals, crops and energy are becoming a mainstream asset class. Fund managers in the country report an uptick in interest […]
Rogue investors on Big Mac attack
(Toronto Star) McDonald’s Corp., world’s largest fast-food chain, has been turning cartwheels to please investors. But to little avail. It’s one of many blue-chip firms in the United States and Canada coping with a speculative assault that in some ways […]
Hedge fund activist turns up heat
(Chicago Tribune) – NEW YORK — There is little doubt that the increasingly opulent hedge fund community–if there is one–is proud of William Ackman’s charge on McDonald’s Corp. That an aggressive hedge fund manager like Ackman, general partner of New […]
ECB says hedge funds may pose some risks to EU banks
FRANKFURT (AFX) – The expansion of the hedge fund industry may pose some risks to EU banks, even if their direct exposure to hedge funds is fairly limited, the European Central Bank said in a report. EU banks’ direct exposure […]
Banks’ revenues from hedge funds to slip-research
LONDON, Nov 28 (Reuters) – Investment bank revenues from servicing hedge funds are expected to slip after strong growth this year partly because of greater competition, Morgan Stanley said in aresearch note. Morgan Stanley estimates prime brokerage divisions of investment […]
Hedge funds demand Versatel board changes
LONDON, Nov 28 (Reuters) – Hedge funds representing 15.5 percent of shares in Dutch telecoms firm Versatel demanded changes to its supervisory board on Monday, continuing their resistance to a takeover by Sweden’s Tele2 AB (TEL2b.ST: Quote, Profile, Research). Tele2 […]
Basel bank chief urges more hedge fund transparency
(Reuters) – The world’s leading banking regulator called for more transparency in hedge funds, saying banks needed to control just how much potential risk they faced when dealing with thecontroversial industry. Jaime Caruana, Chairman of the Basel Committee on Banking […]
Shareholders take on role of activists
Major shareholders are increasingly turning into activists, putting pressure on executives in almost every industry to step up their performance at the risk of losing their jobs — or theircompanies. Some of the activism, often by hedge funds, is pushing […]
Morgan Stanley offered to buy $5 bln hedge fund-report
PHILADELPHIA, Nov 24 (Reuters) – Morgan Stanley (MWD.N: Quote, Profile, Research) recently offered to buy $5 billion hedge fund FrontPoint Partners, but a deal never materialized because the two parties couldn’t agree on a price, The New York Times reported […]