Author Archives: the HedgeCo News Team
Getting used to hedge funds
As more SA pension funds are considering whether to include hedge funds in their investments, it is useful to see the attitudes of their international counterparts in the recent KPMG report, “Hedge funds: a catalyst reshaping global investments”. In many […]
Copper peak? due to hedge funds?
(Financial Times) Copper prices reached a fresh nominal high yesterday, on the day that Kazakhmys, a Kazakh copper miner, announced plans to list on the London Stock Exchange. Analysts said the rise was driven by hedge fund buying prior to […]
Decillion to sell all assets, de-list from the JSE
(www.iafrica.com) Thursday, September 29, 2005 – Following the substantial restructuring of its business and the sale of some operations, listed niche financialservices group Decillion now plans to dispose of its remaining businesses and assets, distribute the proceeds to shareholders and de-list from […]
Judge hedge funds on risk-based returns
LONDON (Reuters) – Investors fret that hedge fund returns will again this year fall short of equity returns, but analysts say bare comparisons are inappropriate without taking relative risk into account. Hedge fund returns are usually more consistent and less […]
Systeia Capital Management announces changes to the management team of Futures and Global Macro Strategies
Paris, 29 September 2005 – Following the launch of a new hedge fund strategy called “Global Macroâ€Â, Systeia Capital Management, a hedge fund manager based in Paris, announced three internalappointments: Joël Gross has been promoted to the position of Futures’ […]
European schemes shun hedge funds – Greenwich
IPE.com 29/Sep/05: EUROPE – European pension funds have not followed through onexpectations that they would increase their use of hedge funds and private equity, according to new research from Greenwich Associates. “Many institutions have been talking quite forcefully about venturing […]
2 hedge fund execs plead guilty to charges
( www.businessweek.com ) – WHITE PLAINS, N.Y. Sep 29, 2005  The founder and the chief financial officer of a beleaguered hedge fund each pleaded guilty to conspiracy and fraud charges Thursday for their roles in a scandal that allegedly cost investors […]
Aberdeen Asset Management May Sell Hedge Funds, Gilbert Says – Bloomberg
Sept. 28 (Bloomberg) — Aberdeen Asset Management Plc is considering selling hedge funds after taking on more clients and doubling assets with the purchase of Deutsche Asset Management’s U.K. business, Chief Executive Officer Martin Gilbert said. The Scottish company would […]
HBOS’s Ferrans – hedge-fund borrowing could spark off next splits- Scotsman
(www.scotsman.com) – ONE of Britain’s leading fund managers has hit out at the potential borrowings “bubble” within the hedge-fund industry that could burst in an echo of the split-caps debacle. Douglas Ferrans, the Scots-born chief executive of HBOS’s fund management […]
Hedge-Fund Man at McDonald’s – Wall Street Journal
(www.wallstreetjournal.com) – In 1997, a brash, young hedge-fund manager envisioned McDonald’s Corp. selling off all its restaurants to give shareholders a huge value meal. Eight years later, Bill Ackman has amassed a super-size stake in the great American icon and […]
Morgan Strategist to Join Hedge Fund
New York Times – Morgan Stanley’ssenior investment strategist, Byron R. Wien, will leave the investment bank to join the hedge fund Pequot Capital as chief investment strategist, Pequot said yesterday. Mr. Wien, whose annual list of “10 surprises” – economic […]
Red Star Capital Management Unveils New Hedge Fund
Red Star Capital Management LLC is launching its first hedge fund, Red Star Fund LP. The new fund will begin trading October 1st and is domiciled in Delaware. The Red Star Fund LP, in conjunction with its subsidiary Red Star […]