Monthly Archives: August 2006
Henderson Group Profit Rises 30% on Hedge Fund Flows
Bloomberg – Henderson Group Plc, a London-based money manager, said first-half profit advanced 30 percent as it sold more high-fee investments such as hedge funds. The stock jumped 5.8 percent. Net income rose to 35.4 million pounds ($66.8 million), or […]
Hedge funds meet Ahold shareholders on split plan
Forbes – Paulson & Co and Centaurus Capital, the two activist hedge funds calling for a break-up of Dutch supermarket company Ahold, have been meeting with some of Ahold’s biggest shareholders in the Netherlands this week to garner support for […]
Hedge Fund Investors Warned of Energy Risks
HedgeCo.Net (New York) – The Energy Hedge Fund Center recently observed an increasing investor risk, due to the collapse of at least one energy commodity trading hedge fund, and also large reported losses at other funds and banks trading in […]
FalcInvest Seeks Distributors For First Dutch ‘ABL’ Fund
The FalcInvest Group, an independent alternative investment organisation based in the Netherlands, has commenced marketing the first Dutch fund-of-funds that focuses solely on Asset Backed Lending strategies. FalcInvest Specialist Finance Fund incorporates several ABL strategies that have proven to […]
Cumulus Energy Fund To Launch On October 1st
(LONDON, 24 August 2006) — The London-based investment management team at Cumulus Weather Fund, on the PCE Investors Limited platform, is launching the Cumulus Energy Fund on October 1st. The Cumulus Energy Fund will replicate the successful energy trading strategy […]
Dubai Hedge Fund Targets 25% Return
HedgeCo.Net (New York) – The Argent Group manages about $2 billion in assets globally and is aiming for 15-25% returns from investments. The launch of its Dubai fund represents the opening of the regulated hedge fund business in Dubai’s financial […]
Hedge fund move finds Dutch leery of predatory Anglo-Saxons
Raw Story By Rohan Minogue, Amsterdam- The Netherlands is not new to foreign capital, but concerns were raised when it became known that US and British hedge funds had joined forces to pressureAhold, a grocer with a tradition stretching back […]
Commodity investors “should look to hedge funds”
Reuters – Investors in commodities should look to actively managed hedge funds rather than passive indexes to get exposure to the asset class, UBS Wealth Management said on Wednesday. Actively managed funds can time buying and selling of securities to […]
Mosaid rejects hedge fund demand that the company be sold promptly
Canada.com – Memory-chip maker Mosaid Technologies Inc. (TSX:MSD) has rejected a dissenting U.S. shareholder’s demand that it immediately put itself on the auction block and warned Wednesday it’s ready for a fight if that’s what Loeb Partners Corp. wants. In […]
Cayman financial sector receives high praise
Cayman Net News – The leading finance industry publication The Banker has given a ringing endorsement to the Cayman Islands as an international financial centre, and outlined an upbeat assessment of the jurisdiction’s outlook across a range of sectors. A […]
Pegasus warns investors not to transfer warrants
Biloxi Sun Herald – Fremont-based Pegasus Wireless Corp. (PGWC), a wireless solutions provider, issued today a notice to shareholders who are eligible to receive a previously announced propertydividend that the warrants are not transferable. Earlier this month, Pegasus announced a […]
Risk ratings developed for hedge funds
MSNBC – Several of the world’s largest ratings agencies are developing wide-ranging credit and risk ratings on hedge funds and their managers, pushing the $1,200bn hedge fund business further intothe investment mainstream. Hedge funds have been attracting investment from conservative […]