Monthly Archives: May 2006
Hedge Fund Services Bolstered by VanthedgePoint
WEST PALM BEACH, FL (HEDGECO.NET) – VanthedgePoint Group LLC, an integrated financial services company focusing on small hedge funds has chosen a margin advisor to enhance service to customers and reduce risk. SunGard has announced that Vanthedge has chosen their […]
Hedge fund pushes Heinz on business plan
Bobsguide – Food-making giant HJ Heinz has rejected recommendations made by hedge fund Trian Fund Management concerning the way in which its business is conducted. The Cayman Islands-based fund, managed by billionaire Nelson Peltz, initially urged the company to make […]
Hedge funds push copper back up
Australian – HEDGE funds wreaked further havoc on base metal prices last night, sending copper higher in early London trade after two days of heavy losses fuelled by supply concerns from Mexico. The price of copper on the London Metal […]
Star hedge-fund manager Roger Guy backs deal
MarketWatch – Gartmore Investment Management, a $45 billion asset manager, agreed on Thursday to be acquired in a management buyout backed by private-equity firm Hellman & Friedman LLC, in a move designed to help expand its hedge-fund business. The value […]
Hedge funds focused on smaller-cap stocks-report
Reuters – Hedge funds tend to concentrate their holdings in small- to medium-cap stocks, which may be one reason such stocks continue to outperform larger companies, a recent Goldman Sachs (GS.N:Quote, Profile, Research) analysis of hedge fund holdings found. Furthermore, […]
Asia-Pacific markets battle for hedge funds
Global Investor – Asia Alternative Investment Management Association (AIMA) chairmen went head to head in a battle for hedge funds at Terrapinn’s annual Fund of Funds World Asia conference held in Singapore this week. Representing Australia, Kim Ivey, director of […]
Could a hedge fund collapse shake financial stability
Turkish Daily News – The recent rout in financial markets has once again sparked talk of possible hedge fund failures and the threat they might pose to financial stability. European stocks have tumbled more than 10 percent since May 11, […]
Hedge funds well-placed for commods Alpha
Reuters – Commodity hedge funds may have a harder time finding investors as prices of raw materials yo-yo after months of gains, but they remain the best bet for extraordinary profits, an industryexecutive said this week. “There’s no other sector […]
Top fund managers smash $1bn barrier
MSNBC -James Simons of Renaissance Technologies and T. Boone Pickens Jr of BP Capital Management raked in $1.5bn and $1.4bn in 2005, putting them at the top of the Institutional Investor’s Alphamagazine list of the Top 25 highest paid hedge fund […]
Bond Granted To Hedge Fund Manager
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge fund manager, Kirk Wright was arrested last week in Florida after eluding authorities for nearly three months. Wright and his company collected as much as$185 million from at least 500 investors since 1997 […]
Slippery Times at Wet Seal
Street.Com – Wet Seal’s (WTSLA:Nasdaq – news – research – Cramer’s Take) bottom-line gains are being gobbled up by its hedge fund financiers. With the retailer’s first drop inmonthly same-store sales since December 2004 coming this month, minority shareholders might […]
Hedge Funds Draw Critics in Europe’s Market Wars
New York Times – Grumbling sounds are coming these days from stockholders of the Frankfurt Stock Exchange’s parent, Deutsche Börse, about hedge funds. The long-term plans laid by the Children’s Investment Fund, better known as TCI; Atticus Capital; and other […]