Monthly Archives: May 2006
Heard on the Street: Tuning in institutional holders
Pittsburgh Post-Gazette – Gary Parsons, chairman of XM Satellite Radio Holdings Inc., was gratified in 2004 when blue-chip mutual funds began taking or increasing their stakes in his company. Thebets made by investors like TCW Asset Management, Fidelity Investments and […]
Hedge fund demands sale of California Coastal’s land
Reuters – A hedge fund group holding 11 percent of developer California Coastal Communities Inc. (CALC.O: Quote, Profile, Research) on Thursday told thecompany to sell a key asset and give the money to shareholders. The fund, Mellon HBV Alternative Strategies, […]
The Triumphs, and Obsession, of New Hedge Fund Managers
New York Times – SIZE matters in hedge funds. But bigger is not always better. New fund managers tend to knock the cover off the ball during their first two years, accounting for much of the outperformance that has made […]
On watch for the next LTCM
Marketwatch -It’s nearly eight years since the Long-Term Capital Management hedge fund cratered. At that time, the Federal Reserve engineered an extraordinary bailout on the (highly debatable) theory that the financial markets would otherwise be fatally disrupted. What would happen […]
S&P Marks Six Months of Hedge Fund Gains
WEST PALM BEACH, FL (HEDGECO.NET) – Standard & Poor Hedge Fund Index had its sixth consecutive month of positive performance. Year-to-date, the index in hedge fund returns, as measured by the S&P Hedge Fund Index is up 5.08% having risen […]
Vision Investment plans to seed hedge funds
Vision Investment Management is establishing the Vision Angel Fund, which will provide seed capital for new hedge funds. The job of constructing the new fund has been given to Julius Wang, who has joined Vision as a managing director and […]
Algoma boss lauds hedge funds
Hamilton Spectator – Canada’s struggling steel industry is recovering, thanks to the relentless demands of hedge fund managers for profits and return on their investment. Algoma president Denis Turcotte told a conference here yesterday that funds like Tricap Management Ltd. […]
Investing: Don’t hedge your bets after all
FORTUNE Magazine – When it comes to investing, diversification is the closest thing to a free lunch. Simply by spreading money around unrelated investments – municipal bonds that zig when Wal-Mart and Microsoft shares zag – investors can reduce risk […]
Hedge Funds for Everyone
Motley Fool – Do you have a net worth of $1 million? Own a hedge fund? If the answer to one of those questions is “yes,” then chances are that you know John Mauldin — president of Millennium Wave Advisors, […]
Ex Morgan Stanley Exec Announces FCM Absolute Return Fund
WEST PALM BEACH, FL (HEDGECO.NET) – The former Morgan Stanley head of corporate finance in Singapore is moving his hedge fund, FCM Absolute Return Fund, into active externalmarketing with plans to raise $400 million. The hedge fund will target private […]
Investing in Hedge Funds on Campus
WEST PALM BEACH, FL (HEDGECO.NET) – Harvard and Yale reported larger than usual returns on their multi billion dollar endowments this year. As of June 30, 2005, Harvard and Yale had 12% and 25% oftheir respective endowments set aside for […]
Hedge Funds rule Conference
Cayman Net News – As the $1.1 trillion hedge fund industry continues to move into mainstream investing, regulators will focus more of its efforts on protecting the consumer according to the Elizabeth Jacobs, Deputy Director of International Affairs at the […]