Monthly Archives: May 2013
High Court Refuses Appeal In Hedge Fund Price-Fixing Suit
Law360 – The U.S. Supreme Court refused Tuesday to review a ruling that found 21 hedge funds did not violate antitrust laws by allegedly conspiring to force credit provider Atlanticus Holdings Corp. to redeem its bonds ahead of schedule. The […]
Kier Group shares targeted by short selling hedge funds
Hedge funds have taken a substantial punt against the fortunes of FTSE 250 construction business Kier Group by betting the company’s shares will fall, a practice known as short selling. More than 12 per cent of Kier’s stock is currently […]
US Hedge Funds Target Value in TSR Special Situations & Spinoffs
Fort Mill Times – Major fund CIO’s are looking for a better set of playing cards. 2013’s developed markets have surged to all-time highs, e.g. the FTSE100, S&P500, etc.; as such, future benchmark outperforming growth opportunities in equities are undoubtedly […]
Takeover pressure mounts between hedge fund and Health Management
The pressure is mounting for Health Management Associates Inc., which has adopted a poison pill in order to fend off the prospect of a takeover by hedge-fund operator Glenview Capital Management. Shares of Health Management, an operator of acute-care facilities, […]
Hedge fund boss Baha sees gold at $3,000-$5,000
Reuters – Christian Baha, the head of Austrian fund firm Superfund and representative of the hedge fund industry in Oliver Stone’s movie Wall Street 2: Money Never Sleeps, is predicting that the gold price could rise to between $3,000 and $5,000 […]
Hindsight Is Everything: Why Advisors Need To Step Up To The Hedge Fund Plate Now
Seeking Alpha – “I think there is a world market for maybe five computers” – IBM Chairman Thomas Watson, 1943. Computers and mobile phones – the world as we know it today would not exist without them. Yet it wasn’t that […]
How Hedge Funds Transfer Wealth From Investors To Managers
Forbes – Earlier this year, Goldman Sachs announced that it would launch a new mutual fund that will let regular investors do what the billionaires are said to do: invest in hedge funds. As Barry Ritholtz explains in a terrific article in […]
Bird Flu Scare Runs Morgan Stanley Event Out Of Asia
New York (HedgeCo.Net) – Morgan Stanley has decided to postpone and move it’s hedge fund showcase from Shanghai to New York because of the rise in cases of Avian Influenza (bird flu) in China, Bloomberg reports. Some investors and managers refused […]
Hedge Fund Manager Highland Wins Investor Lawsuit
New York (HedgeCo.Net) – Dallas-based hedge fund manager Highland Capital Management LP won a court ruling against some of it’s investors who believed they were misled regarding the health of two of it’s hedge funds. Investors alleged that as a […]
Hedge funds escape Japan rout with minor losses
Risk.Net – Global macro hedge funds show no signs of bailing out of the ‘Abe trade’ after weathering the sudden reversal in Japan. Global macro and managed futures funds lost on average 0.6% on the day. Last week’s sharp drop […]
2n20.com Launches Negotiato.rs Service to Optimise Service Provider Relationships for Asset Managers
2n20.com created a new price comparison and negotiation service for institutional asset managers, helping them to optimise their service provider setup and drive down operational costs. Over the last year a proprietary database was built, screening the market not only […]
Outspoken hedge fund boss who made the journey from city to city
Telegraph – Andrew Law was on the losing side earlier this month when his beloved Manchester City lost the FA Cup Final. But the hedge fund millionaire has been a winner on recent bets on the financial markets. Mr Law, […]