Monthly Archives: August 2006
Warnaco should consider sale, hedge fund says
MarketWatch – The Warnaco Group should consider selling itself as a way to deliver value to shareholders after a slump in the sportswear company’s stock this year, activist hedge fund firm Barington Group said on Monday. Barington reported a 5.6% […]
NFL Seeks Dismissal of Hedge Fund Suit
Forbes – The NFL and its union say a lawsuit filed by six current and former players seeking to recoup $20 million they lost in an alleged fraud scheme should be dismissed, arguing in part that league players are solely […]
Henderson to launch fund of internal hedge funds
Reuters – Fund firm Henderson will launch a fund that will invest in a range of its own hedge funds. The Henderson Total Return fund will launch on September 1 and be managed by Bill McQuaker, Director of Multi-Manager Funds. […]
The best retirement plan is simple
CNN Money – With the market struggling to eke out even meager gains this year, you may be tempted to look beyond traditional investments for something, anything, to fatten up your retirement account. Financial services firms, of course, are only […]
Hedge funds have not done what it says on the tin
Financial Times – Hedge funds are frequently promoted as offering positive returns regardless of conditions in the markets. But the recent performance of funds of hedge funds, which offer the additional security of investing across a range of underlying funds, […]
SEC has authority now to investigate hedge funds –
Providence Journal – A decade ago, derivatives trading was the hot new thing, and people began to worry about the harm it might cause to investors and the health of the financial system. It wasn’tlong before someone proposed regulating the […]
Man goes after retail with new hedge fund-like fund
FinanceAsia – Man Investments introduces a futures and options fund containing a guarantee feature, aiming at Hong Kong’s retail base. The name Man AHL Guaranteed Futures will shortly be appearing in Hong Kong bank branches in an alternative products launch. […]
If you want to act like a hedge fund manager, get into GET
Independent – Anyone can be a hedge fund manager. Can’t they? These days, the City’s richest professionals seem to spend all their time punting on bid situations. If they get it right, it can prove to be hugely profitable. The […]
Newcastle target for possible takeover –
Irish Examiner – Newcastle could be the latest Premiership club to be targeted for a takeover after a Jersey-based investment company confirmed their interest today. The Belgravia Group announced to the Stock Exchange early this morning that they are considering […]
Ambit has big plans for fund
Lexington Herald-Leader – A city-based investment firm is launching what is likely the first hedge fund headquartered here. But don’t think that Ambit Funding’s small town location dictates modestgoals. “We expect to be able to compete with some of the […]
Hedge fund activity faces tax crackdown
VNUNet.com – The rapid development of new investment strategies devised by hedge funds has attracted the interest of tax authorities. The focus on taxation is because of the complex arrangements employed by the industry. Robert Mellor, a partner at PricewaterhouseCoopers, […]
HSBC sees pensions warming to hedge funds
Reuters – The growing duties of pension fund trustees make them wary of hedge funds, but they are likely to funnel much more cash into them as an increasingly acceptable tool for diversifying assets,a senior HSBC executive said. At present, […]