Monthly Archives: June 2007
Hedge funds tap public markets at what may be peak
Reuters- Investors chasing a wave of hedge fund listings hitting global stock markets may be getting in too late. GLG Partners, one of Europe’s largest, became the latest to cash in on heightened hedge fund interest on Monday, setting the […]
SEC’s Cox: ‘Little Systemic Risk’ From Bear Hedge Funds
Dow Jones- U.S. securities regulators see little sign of systemic risk stemming from two troubled Bear Stearns Cos. (BSC) hedge funds, Securities and Exchange Commission Chairman Christopher Cox said Tuesday. At a House Financial Services Committee hearing, Cox was asked […]
Hedge Fund Sells For $3.4 Billion
Hartford Courant- GLG Partners LP, one of Europe’s largest hedge funds, said Monday it is selling itself in a $3.4 billion reverse takeover that will give it access to the U.S. stock market. Under the terms of the deal with […]
Ashurst in bid for hedge funds
The Lawyer- Ashurst is set to target activist hedge funds in a move it hopes will give it first-mover advantage in the evolving M&A landscape. Ashurst’s new strategy sets it apart from other City firms, which have been wary of […]
Larger hedge fund managers seek independence from prime brokers
Financial News Online US-The hedge fund business is becoming more institutionalised by the day. As assets increase, some funds are looking to cut their financing ties with prime brokers by raising their own permanent capital, building in-house reporting and administration […]
U.K. Hedge Fund Eyes U.S. Float
Street.Com- Political resistance and shakiness in the credit markets are not preventing hedge funds and private equity from sussing out ways to tap the U.S. public equitymarket. U.K.-based hedge fund GLG Partners is selling 28% of itself in a reverse […]
Independent Valuation And Hedge Fund Risk Control
West Palm Beach (HedgeCo.Net)- Recent financial statistics have shown that pension plans are beginning to out-pace high net individuals with respect to hedge fund investing. At the same time, sub-prime funds struggle in the aftermath of blow-ups such as Amaranth […]
Aima Responds to Iosco Valuation Principles
HedgeCo.net – The Alternative Investment Management Association (“AIMAâ€Â), the leading global hedge fund and alternative investment industry association, has issued its response to the International Organization of Securities Commissions (“IOSCOâ€Â) on its ‘Consultation Report on the Principles for the Valuation […]
US Two-Year Notes Gain First Time Since April on Hedge Funds
Bloomberg- Treasury two-year notes rose for the first time since April as investors sought refuge from possible hedge fund losses. Two-year yields fell more than 10-year yields this week, increasing the yield premium of the longer-term debt to the most […]
The Case For Hedge Funds
Savannah Morning News- “Ever wonder why fund managers can’t beat the S&P 500?” Michael Douglas asked in the 1987 movie “Wall Street.” If you have your money in a mutual fund administered by an investment manager, chances are you have […]
Rein in hedge funds
New York Daily News – The news last week about Bear Stearns’ struggles to save two of its hedge funds from collapse should serve as a reminder of the hedge fund meltdown that made headlines almostnine years ago – and […]
Congress Publishes Report on Hedge Funds
West Palm Beach (HedgeCo.Net)- The Congressional Research Service recently published a report to Congress on pension fund investments in hedge funds. The report indicates that pension funds that invest in hedge funds have increased to 24% in 2006, up from […]