Monthly Archives: May 2006

Absolute return funds may look like the route to safety-first investment by retirement funds; in fact, they could be the springboard for a retirement industry plunge into hedge funds. The tip comes from Dylan Evans, Director of Institutional Investing at […]

FT Adviser – Figures produced by the IMA (Investment Management Association) revealed in the first three months of this year that the industry achieved total investment funds under management of £382bn and net retail sales of funds of funds of […]

Wall Street Journal – Euronext NV management will today launch a last-ditch attempt to persuade shareholders to support it against hedge funds that want it to consider merging only with Frankfurt’sDeutsche Boerse AG, a person close to the company said. […]

Salt Lake Tribune – Overstock.com Inc., which has accused a research company and hedge fund of conspiring to drive down its stock, received a subpoena from the United States for information about its claims and accounting policies. The Securities and […]

Reuters – Lending to hedge funds is not as risky as exposure to leveraged buyouts by private equity funds, which like corporate borrowing a few years ago poses a bigger risk to investment banks, ABNAmro told Reuters. Growing expectations of […]

Reuters – Man Financial Inc, the U.S. arm of Man Group, said on Monday it would “vigorously defend itself” against allegations that it acted improperly in its role as a broker to failed hedge fundPhiladelphia Alternative Asset Management Co. (PAAMCo). […]

New York Post – Atticus Capital, a hedge fund that doesn’t shy away from boardroom drama, is now the New York Stock Exchange’s second-largest shareholder. Atticus, with $12 billion under management, was busy last week buying nearly 2.5 million Big […]

MSNBC – Though venture capitalists resumed sitting on their hands, a flood of private-equity capital, along with one large transaction, meant Metroplex firms raised the most money in the firstquarter since the fourth quarter of 2001. Local firms received a […]

Street.Com – The alternative-investment world witnessed a far-reaching change last week when private equity behemoth Kohlberg Kravis Roberts raised $5 billiondollars through an initial public offering on Euronext for one of its investment units. Other private equity firms, including The […]

Pittsburgh Post-Gazette – Until recently, most investment banks had little to do with activist hedge funds. Many of these investors were too small to have a chance of succeeding in their quests toshake up companies, and banks were wary of […]