Monthly Archives: June 2006
Study Shows need for Improvement in Hedge Fund Risk Management
WEST PALM BEACH, FL (HEDGECO.NET) – The 2006 Financial Executive Report on Risk Management has found that companies are embracing the concept of enterprise risk management but continue to struggle with implementation. The national survey of financial executives shows room […]
Hedge Funds set to Profit from Mittal Steel Merger
WEST PALM BEACH, FL (HEDGECO.NET) – Luxembourg-based Arcelor on Sunday succumbed to a $33.65 billion takeover by Mittal steel, in what some call a hostile takeover, after rejecting the Rotterdam company’s June offer. The Arcelor Board of Directors, which consulted […]
Speed of hedge funds bodes well for healing
International Herald Tribune – After the mighty uproar in the stock and commodities markets lately, the best part of the story may remain to be told. It probably will not be as dramatic as the lightning-fast bear markets that […]
Players sue NFL in hedge fund case
Rocky Mountain News – Steve Atwater, the former Denver Broncos safety, and others have accused the National Football League and its players association of endorsing a fraudulent hedge fund managerwithout adequate background checks. The football players said in a June […]
Houston Exploration rejects hedge funds
Houston Chronicle – Houston Exploration has rejected a hedge funds’ offer to buy the company for $62 per share. In a written statement to Jana Partners, which owns 13 percent of the company’s shares, Chairman and CEO William Hargett said […]
Key Republican wants hearing on hedge funds
Washington Post – A senior Republican on the Senate Banking Committee said on Monday he wants hearings on how to protect investors in hedge funds now that the $1.3 trillion industry has freed itselffrom regulation by the Securities and Exchange […]
AIMA Comments on SEC Hedge Fund Rule Court Judgement
WEST PALM BEACH, FL (HEDGECO.NET) – AIMA, the global trade association for the hedge fund industry has given a cautious welcome to the decision of the U.S. Courts of Appeals for the D.C. Circuit that has struck down the Securities […]
Hydra Capital Management New Fund Launch:Lodsworth Global Emerging Market Debt Fund
London- Hydra Capital Management Ltd., a London-based specialist provider of Global Emerging Market Fixed Income strategies, announces the launch of a Global Macro Emerging Market Debt fund investingin external and local market debt and currency instruments of emerging market countries.Colm […]
Lodsworth Global Emerging Market Debt Fund
London- Hydra Capital Management Ltd., a London-based specialist provider of Global Emerging Market Fixed Income strategies, announces the launch of a GlobalMacro Emerging Market Debt fund investing in external and local market debt and currency instruments of emerging market countries.Colm […]
Senate probes hedge fund ties with analysts – MSNBC
MSNBC – The Senate Judiciary Committee will on Tuesday hold a hearing into hedge funds and their use of independent analysts, an area under scrutiny following high-profile lawsuits by companies thathave been targeted by hedge fund short sellers. The issue […]
Eisenberg files for $120 million blank-check IPO –
MSNBC – Gregg Eisenberg is betting big that investors will want to bet on him. The former chairman and president of Maverick Tube Corp. is making a comeback with Boomerang Holdings Inc., a Chesterfield-based blank-check company formed to acquire one […]
SEC effort to oversee hedge funds cracked
Reuters – U.S. financial regulators took a one-two punch on Friday that might leave their efforts to regulate the $1.3 trillion hedge fund industry in shambles. “The regulatory landscape that the SEC has so carefully cultivated is now seriously in […]