Monthly Archives: June 2006
US hedge fund seeks to block Sea Containers rescue
Telegraph.co.uk – One of the biggest shareholders in Sea Containers, the troubled owner of the GNER rail franchise, is resisting plans for a $700m (£379m) debt-for-equity restructuring designed to save the group from collapse. Appaloosa Management, the New Jersey-based hedge […]
Hedge fund hybrids face valuation snag on illiquid assets
MarketWatch – Hedge funds have moved into private equity big time but face problems over the valuation of these new investments. Traditionally, short-term investors in public stocks, hedge funds have become players in the buyout, real estate and even venture […]
Hurricane season puts spotlight on weather hedging
LONDON (Reuters) – Extreme weather such as the hurricanes expected to batter the southern United States in coming weeks is fuelling demand for complex weather derivatives to hedge volatile commodityprices. After Hurricane Katrina struck the oilfields and refineries of the […]
Real life doesn’t always live up to expectations
Seattle Times – In investing, the security atop many wish lists is a hedge fund, a private investment pool that is the domain of big institutions and people the financial-planning community describesas “high net-worth investors.” For everyone aspiring to be […]
Tokyo’s Favorite Billionaire
WEST PALM BEACH, FL (HEDGECO.NET) – Warren Buffett, the world second richest businessman after Bill Gates, has a enthusiastic following of investor/fans. Shuhei Abe, founder and chief executive of Sparx Asset Management in Tokyo, is so fond of the investing […]
Hedge Fund Transparency Survey
WEST PALM BEACH, FL (HEDGECO.NET) – Northern Trust, a group of institutional investors, held a survey regarding hedge fund trancparency. Respondents included single strategy hedge fund managers, fundof hedge funds managers and institutional investors. Collectively, those surveyed either invest or […]
Hedge fund forces NRG bid withdrawal
Bobsguide – The hedge fund Pirate Capital has forced US energy company Mirant to withdraw its hostile takeover bid for rival energy producer NRG Energy, after the fund – a Mirant shareholder – voicedits objection to the move. The hedge […]
Hedge funds, those hyenas
Moneyweb – Earlier this month, the European Central Bank (ECB) warned that hedge funds had created a “major risk†to global financial stability; for this, the ECB warned further, there were noobvious remedies. For the novice, hedge funds can best […]
Hedge Fund Indices Turned Red in May
TheStreet.com – The emerging-market crisis and the turmoil in global stock markets are spilling over into hedge funds, as evidenced by the poor hedge fund-performance numbersfor May that were released today. The Credit Suisse (CSR:NYSE – commentary – research – […]
SunGard’s FRONT ARENA Wins ”Buy Side Project of the Year”
Forbes – SunGard (http://www.sungard.com) today announced that The Banker, a leading global financial intelligence magazine has selected FRONT ARENA, (www.sungard.com/frontarena) as winner of ‘Buy-side Project of the Year’ for its successful on-time, on-budget implementation at hedge fund, Peloton Partners LLP. […]
When our Pension’s in a Hedge Fund should we worry or not?
American Reporter – Being a natural worry wart I clucked my tongue repeatedly when both the self-sanctified New York Times, and tv stock broadcasts alerted investors and general consumers tothe coming hedge fund train wreck. As with many of the […]
Hedge Funds and the Convergence of Market Results
New York Sun – What ever happened to noncorrelated assets? Modern portfolio theory suggests that investors should spread their funds among a wide variety of asset classes so that when one sector getshit, another may prosper. That seems like a […]