Author Archives: the HedgeCo News Team
US Arrests Three In Hedge Fund Case
Washington Post – Frank L. Cowles Jr. is known in the Northern Virginia business community as the owner of car dealerships and a founding director of Virginia Commerce Bank in Arlington. Now, at age 76, he is facing allegations of […]
The Hedge Fund Report: Convertible Overhang
The Street – Hedge funds that practice convertible arbitrage continue to bleed assets and remain one of the poorest performers of any category this year. But here’s a secret, according to a hedge fund manager: Convertible issuance is back. Convertible […]
Flagship hedge fund helps Man reap 59% profit surge
Times Online – MAN GROUP, the world’s biggest hedge fund manager, is sucking in $19 million (£11 million) of new business a day after a sparkling performance from its flagship“black box†hedge fund. London-based Man, which yesterday reported a 59 […]
Are Your Pension Clients Up to the Challenge?
Editor’s Note: Given the importance of pension investors to the hedge fund market, we invite readers to learn more about the challenges faced by fiduciaries. In a newly released article, Dr. Susan M. Mangiero talks about the Six L’s and […]
Index for the smart, hedge for the stupid
Financial Standard – Monday, 21 Nov 2005 12:18PM – LA-based investment theory and practice guru Rex Sinquefield entertained, enlightened and provoked the audience at the FPA conference last week when he questioned returns made by hedge funds and called those […]
Icahn seeks some or all Time Warner board seats
(Reuters) – Billionaire investor Carl Icahn said he plans a proxy fight at Time Warner Inc.’s annual meeting next year to replace “some or all” of the directors and to seek the “ouster” of its chiefexecutive, according to a BusinessWeek […]
OSC vows to tighten reins on hedge fund industry
Toronto  David Wilson, the new chairman of the Ontario Securities Commission, said yesterday that he will target hedge funds for greater regulation, calling them a “new frontier” for securitiesregulators. In his first major speech since taking over as OSC […]
Hedge fund boss defends ‘ethical’ industry
The chief executive of the world’s biggest hedge fund manager yesterday hit back at critics of the industry, claiming investment banks were far more likely to be guilty of sharp practice. His comments came amid increasing concern from regulators that […]
Peregrine plans fund of hedge funds
Johannesburg – Peregrine Holdings, the country’s biggest hedge fund manager, and Investment Solutions Holdings plan to jointly create a fund of hedge funds business. The venture, called Caveo Fund Solutions, would manage R250 million, Jonathan Hertz, the managing director of […]
Macro Hedge Funds Had Worst Month of 2005 in October
(Bloomberg) — Hedge funds that chase macroeconomic trends by investing in the stock, bond, currency and commodity markets posted their worst returns of the year in October as managers bet wrongly that the U.S. dollar would drop in value. The […]
Pequot hedge fund hires 3 to advance strategies
(Reuters) – Pequot Capital Management Inc., a $7 billion hedge fund group, on Thursday said it hired three former Citadel Investment Group portfolio managers to build out equity trading andevent-driven strategies. Westport, Connecticut-based Pequot said the three fund managers, Peter […]
Company says many Refco clients have stuck with firm – MarketWatch
(Bloomberg) — Man Group Plc, the world’s largest hedge fund company, gained $1 billion of net new investments in the first half and said fees linked to fund returns jumped. The company also raised 125 million pounds ($214 million) in […]