Author Archives: the HedgeCo News Team
The CSFB/Tremont Hedge Fund Index is up 1.63% for September 2005
NEW YORK, NY, Oct. 17, 2005 — The CSFB/Tremont Hedge Fund Index is up 1.63% for September 2005, according to Oliver Schupp, President of Credit Suisse First Boston Tremont Index LLCand senior member of the CSFB Hedge Fund Investments Group. “Hedge […]
The Hedge Fund Report: Delphi Pain Still Lingers
( www. thestreet.com ) – Using a penny stock to hedge long positions in a bankrupt company’s bonds sounds like a recipe for disaster, and for some hedge funds trading Delphi(DPHIQ:Other OTC – commentary –research – Cramer’sTake) last week, it […]
John A. Levin to wind down event-driven fund
NEW YORK, Oct 18 (Reuters) – Hedge fund manager John A. Levin & Co. (BKF.N: Quote, Profile, Research) on Tuesday said it will wind down its “event-driven” investment fund, after key people said they would resign from the firm. John […]
SEC Accuses Hedge Funds, Manager of Fraud
WASHINGTON — Securities regulators on Thursday accused Wood River hedge funds and their manager, a former Wall Street analyst, of defrauding investors with false promises of sound financial management. The Securities and Exchange Commission announced the civil lawsuit against John […]
Hedge funds buy Carmike shares, expect rebound-WSJ
NEW YORK, Oct 17 (Reuters) – Several hedge funds have scooped up shares in recent weeks of Carmike Cinemas Inc. (CKEC.O: Quote, Profile, Research), the nation’s third-largest film distributor by number of movie screens, in hopes the beaten-down stock will […]
EU internal market chief wary of regulating hedge funds
BRUSSELS, Belgium – The EU’s internal market commissioner said Thursday he was wary of heavy-handed legislation for alternative investment funds such as hedge funds. Charlie McCreevy said at a hearing of the European Commission on future legislation for investment funds […]
Mizuho Corp Bank To Start Own Hedge Fund Operations, Unit In NY
TOKYO -(Dow Jones)- Mizuho Corporate Bank will soon start its own hedge-fund operations by spinning off some of its proprietary trading divisions in New York and London and letting them accept fundsfrom external investors, a source familiar with the situation […]
S.E.C. Accuses Hedge Fund of Deceiving Its Investors
New York Times – Federal regulators filed suit against a hedge fund yesterday, claiming that its manager deceived his investors by not disclosing his high concentration in a rapidly sinking stock. The suit was filed against Wood River Capital Management […]
Hedge Funds Shiver at Refco Trading Freeze – Black Enterprise
The global hedge fund industry was preparing for a bloody nose today as the crisis engulfing US futures and derivatives trader Refco halted business in its biggest unit. The embattled group has begun winding down Refco Securities, a regulated broker […]
World’s hedge funds face crisis as Refco suspends trading
The Guardian – A crisis in the world’s hedge fund industry was in prospect last night after one of the world’s largest derivatives brokers was forced to freeze trades potentially worth billions ofpounds. The move by Refco, which acts for […]
Good Q3 hedge fund returns seen snaring new money
LONDON, Oct 14 (Reuters) – Hedge funds’ healthy returns in the third quarter mean that institutional investment in them is likely to pick up speed in the fourth quarter after a slowdown earlier this year, analysts say. The funds’ returns […]
Investor sues Hennessee over Bayou investment
BOSTON, Oct 14 (Reuters) – A prominent hedge fund consulting group was sued by one of its clients this week for having suggested putting $3.25 million into Bayou Group, a hedge fund that collapsed last month, court papers show. DePauw […]