Monthly Archives: June 2006

San Francisco Gate – It might be the “dream job” that comes with unforeseen nightmares, or the fabulous vacation spot that leaves some visitors surprisingly nonplussed, or the big lifetimecelebration — like a wedding — that is remembered more for […]

Reuters -The Blackstone Group [BG.UL] has opened an office in Hong Kong to provide marketing and support for its fund of hedge funds division, a spokesman for the New-York based investment firm saidon Friday. The business, known as Blackstone Alternative […]

LONDON (Reuters) – Multi-strategy hedge funds are growing in popularity with investors who previously chose funds of hedge funds as they cost less and can quickly move assets to markets with the most potential, hedge fund managers say. Multi-strategy hedge […]

Eurotunnel’s executive chairman has signalled a new openness to alternatives to the restructuring plan announced last week. Jacques Gounon yesterday said he was open to improvements to the plan and intended to talk to bankers drawing up two separate proposals. […]

Globe and Mail – The Ontario Securities Commission has called a hearing into the U.S.-based Sears Holdings Corp.’s complaint that three dissident shareholders of its Canadian division worked in concert to try to thwart the parent company’s takeover bid. The […]

Last Monday we watched rain, perhaps even some hail, fall on Wall Street’s parade. For two decades the Street had relied on a friend at the Federal Reserve to keep the rain off them. The 20-year era of ever descending […]

Street.Com – Global central bankers served up a cocktail of coordinated tightening Thursday, leading to dislocations around the world that featured falling commodities markets and a rising dollar. The stock market’s late-day rebound took some of the sour taste from […]

Financial Times – Hedge funds took their share of damage in last month’s market turmoil, losing more than 1 per cent on average in May, according to Hedge Fund Research. The biggest losers were funds specialising in emerging markets, while […]

MarketWatch – London’s West End district remains the most expensive place in the world for office space, with rents in this area of the U.K. capital now averaging $185.60 a square foot, up 10% in a year. The West End […]

New York Post – A hedge fund highflier has been brought to ground by a bet gone bad in copper. Dwight Anderson is closing one of his hedge funds – the $250 million Ospraie Point fund – after a series […]

Forbes – The Greenwich-Van Global Hedge Fund Index returned -0.51% in May according to a preliminary report released today by Greenwich-Van Advisors, LLC, a leading hedge fund index provider. In comparison, the S&P 500, NASDAQ, Dow Jones Europe Stoxx Index, […]