Monthly Archives: August 2006
SEC faces hedge fund deadline
NEW YORK (CNNMoney.com) — The Securities and Exchange Commission has only until Aug. 7 to decide whether to appeal a ruling against its hedge fund regulation measure – but how the SEC will proceed is far from clear. Last week […]
Hedge fund activists win Pep Boys board seats
SAN FRANCISCO (MarketWatch) — A group of hedge fund activists led by Barington Capital Group LP won a proxy battle against The Pep Boys — Many, Moe & Jack on Thursday, gaining four director seats on the board of the […]
Hedge fund votes against Telent sale
The agreed acquisition of Telent, the rump of Marconi, the telecoms equipment company, fell apart on Friday after the hedge fund that is the company’s biggest shareholder voted it down. Polygon, the activist hedge fund that holds 23.9 per cent […]
Energy hedge fund closes shop – CNNMoney.com
NEW YORK (CNNMoney.com) — New York energy hedge fund MotherRock L.P. is closing down after suffering major losses in the natural gas market, according to a report published Friday. MotherRock was one of the biggest hedge funds in New York […]
Investment Management Newsflashes: Citigroup Deploys Linedata Hedge …
Wall Street and Technology – Citigroup Deploys Linedata Hedge Fund Solution Linedata Services recently announced the licensing of its Beauchamp Hedge Fund Solution to Citigroup’s GlobalTransaction Services and Prime Brokerage divisions. Branded as OpenPrimeSM, the new Citigroup operating platform developed […]
Hedge funds flee Hong Kong pollution for Singapore – report
HONG KONG (XFN-ASIA) – 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 financial sector, the Financial Times reported on its website. Citing senior executives […]
Wisdom Capital Management Launches New CTA
HedgeCo.net ( New York ) –Wisdom Capital Management has announced that they have recently launched a commodity trend following CTA that will look to capture trends on both the “long†and “shortâ€Âside of the market. The Global Diversified Program is […]
New FoHF launch -LODH Multiadvisers – Latin America Equity Long/Short
The LODH Multiadvisers has launched a new fund, the Latin America Equity Long/Short Fund which invests – through a selection of talented local managers – in hedge funds who follow a Long/Short strategy in the Latin American equity markets. The […]
KGR Capital’s European Office gains authorisation from the F.S.A. in London
HedgeCo.net ( New York ) – – KGR Capital is pleased to announce the authorisation, in early July, of KGR Capital (Europe) Ltd by the U.K. Financial Services Authority. KGR Capital launched its first specialist Asian fund of funds, the […]
A&O and Herbert Smith take lead on latest hedge fund float
Hedge fund investor’s £216m listing on LSE marks second-largest hedge IPO this year.Allen & Overy (A&O) and Herbert Smith have secured prime roles on the £216m float of hedge fund investor CMA Global Hedge on the London Stock Exchange. CMA […]
Dynasty, once-hot China hedge fund, calls it quits
HONG KONG — One of the largest China-focused hedge funds has closed up shop, letting go some dozen employees and giving back money to investors. Dynasty Asset Management came apart amid huge gains this year in China’s publicly traded companies. […]
Citi targets hedge funds with prime brokerage platform
Citigroup has launched OpenPrime, a trading and portfolio management system developed specially for the hedge fund market that is based on technology from France-based Linedata Services. OpenPrime will offer capabilities in four core areas – order and portfolio management, portfolio […]