Monthly Archives: May 2007
Derivatives, Mutual Funds and Pensions
Continuing to exhibit meteoric growth, the global derivatives market is now estimated at around $400 trillion. That’s a lot of zeros – $400,000,000,000,000. In contrast, the CIA World Fact Book estimates 2006 Gross World Product at $65 trillion. Said another […]
Curtis Announces the Opening of an Istanbul Office
May 14, 2007, New York, NY – Curtis, Mallet-Prevost, Colt & Mosle LLP is pleased to announce the opening of Curtis Mallet-Prevost Danmanlk Ltd. ti. in Istanbul. Consistent with the Firm’s international orientation, the new office will be dedicated to […]
Brighton House Launches Hedge Fund Product
Brighton House Associates officially launched it first product, BHA SalesDesk, a hedge fund sales and marketing system. The solution is sold directly to customers and is in use by hedge funds, broker/dealers, funds-of-funds, as well as by industry service providers. […]
NWA Settles With Hedge Funds
Forbes- Northwest Airlines Corp. has made a deal with a group of shareholders that had opposed its bankruptcy reorganization plan, the airline said in a court filing on Monday. The deal with the ad hoc equity committee resolves one of […]
Ceridian Fires Exec for Passing Secrets to Hedge Fund
CFO.com- Ceridian Corporation, the scandal-plagued payroll-services company, announced on Monday that it had fired Gary Krow, the president of its thriving Comdata division, for disclosingconfidential information to Pershing Square Capital and “unauthorized meetings” with the hedge fund. The company’s board […]
Hedge Funds Beat Indexes in 1st Quarter
Pensions & Investment- Hedge fund performance in the first quarter was positive, beating most of the major market indexes, with average fund performance of 2.1%, according to data from Morningstar Inc. Managers that report their performance to Morningstar’s database looked […]
AdultVest Hedge Fund To Host Alternative Investment Conference
AdultVest.com is planning on hosting the first annual AdultVest investment conference in Los Angeles, CA, geared to match institutional and accredited investors with adult industry related investment opportunities. So far, the company reports there are well over 1,000 accredited investors […]
MFA Says Council Of European Finance Ministers’ Conclusions
HedgeCo.net –WASHINGTON, D.C., May 14, 2007 — Managed Funds Association (MFA) said today that the conclusions reached by the Economic and Financial Affairs Council (ECOFIN) on hedge funds, released May 8, 2007, signal a significant agreement among global regulators on […]
Man Investments Launches Bayswater Macro Program
Man Investments, one of the world’s largest hedge fund providers, announced a new capital guaranteed product in its Man AP family. Man AP Spectrum Ltd combines for the first time the proven performance of the AHL Institutional Program with a […]
Hedge Funds See Carbon Opportunities
Rapidly developing carbon trading markets are creating a range of promising opportunities for hedge funds to participate in this new sector, says a report from Man Investments, the world’s largest provider of hedge fund investments. Carbon markets, already trading significantly, […]
Hedge Funds Plan Low-Level Bid for EMI
Reuters- Two hedge funds are planning a bid for music group EMI Group at a level below a 260 pence per share indicative offer that Warner Music made in March and which was rejected, the Sunday Telegraph said on Sunday. […]
Hedge Fund ups Stake in Mobius
Reuters- Activist hedge fund Carrousel Capital has raised its stake in veteran manager Mark Mobius’s 2 billion pound Templeton Emerging Markets investment trust, ahead of an expected share buyback. Carrousel, which earlier this year failed in its attempt to shake […]