Monthly Archives: August 2006
Hedge funds eye Malaysia as users scramble for palm oil
Reuters Italia – After taking huge bets on industrial commodities, hedge funds are now angling to reap returns on Malaysia’s newly trendy palm oil market. As the world’s appetite for green fuels grows, the volatility in palm oil prices is […]
How to Count to 25% – Congress Amends ERISA
HedgeCo.Net (New York) – The Pension Protection Act of 2006 (H.R. 4), which was passed by the House of Representatives on July 28 and the Senate on August 3 and has been sent to the President for his signature, will […]
Hedge Fund Blocks Telent Offer
HedgeCo.Net (New York) – The US activist hedge fund Polygon threatened to block a takeover of Telent, the rump of former industrial giant Marconi. The battle between Polygon and Fortress highlights the issues with using CFDs in bid situations. CFDs […]
Hedge Fund MotherRock to Close
HedgeCo.Net (New York) – New York-based hedge fund MotherRock is shutting down after having lost $230 million in June and July because of volatility in natural-gas markets and investor redemptions. At its peak in May MotherRock managed about $430 million […]
Hedge funds flee Hong Kong pollution for Singapore
Forbes – Hong Kong’s worsening air pollution is prompting a number of hedge funds to move to Singapore, reflecting a trend that could undermine the territory’s financialsector, the Financial Times reported on its website. Citing senior executives at Morgan Stanley […]
Controversy and debate surrounding hedge funds
Pittsburgh Tribune-Review – A fierce battle is going on both in Washington and on Wall Street over hedge funds. Certain groups are clamoring for more regulation, while others are pressuring to keepthe status quo of little oversight. While the controversy […]
Resolution starts emerging market hedge fund
Resolution Asset Management said on Friday it has launched a hedge fund, the first product of its newly-minted emerging markets boutique, Hexam Capital Partners. The portfolio is called the Resolution Hexam Eastern Europe, Middle East and Africa Absolute Return Fund. […]
Fund of fund the best hedge fund strategy
Money Management – The growing number of hedge fund managers globally, and the plethora of investment styles, makes it hard for advisers and investment consultants to pick managers for the sector. RCG Capital Partners managing principal Ken Phillips said the […]
Copper supply problems likely to affect prices –
ChronicleHerald – With an already tight copper market pushing prices to record highs, a possible strike at BHP Billiton’s massive Escondida mine in Chile and problems at several others could mean “very big things on the price side,” observers say, […]
Russian Government to create venture capital company
Interfax Russia – The Russian government will pass a decree on the establishment of the Russian venture capital company at the next governmental meeting, Economic Development and Trade MinisterGerman Gref said at a meeting with Russian President Vladimir Putin on […]
Hands Off Hedge Funds
Washington Post – EIGHT YEARS AGO the collapse of a hedge fund named Long-Term Capital Management triggered fears of international financial instability. Since then, hedge funds have quadrupled thevolume of money they manage and account for perhaps 30 percent of […]
When hedge-fund selling bites Wall Street
Hedge funds are big business on Wall Street. And managing the issues of selling them is becoming a headache for some firms. Pipe Distributors Inc., a Texas company that buys and sells oil-field pipe, and its profit-sharing and retirement plans […]