Monthly Archives: September 2007
Amanda Invests $7 Million In Finnish Fund
West Palm Beach (HedgeCo.Net)- Hedge Fund Amanda Capital Plc announced today in a press release that they have invested five million euros ($7 million) in a Finnish private equity fund, the MB Equity Fund IV. Equity Fund IV will continue […]
Hedge funds run by computers lose money in August
Reuters- Hedge fund portfolios run by computers are supposed to deliver better results than those managed by humans, but that didn’t happen last month when both types of funds lost money, managerssaid and new data show. Many hedge fund managers […]
Bear Stearns CFO says hedged credit hedge funds
Reuters.uk- Bear Stearns Cos Inc (BSC.N: Quote, Profile , Research) has hedged its remaining assets in high-grade structured credit hedgefunds, the investment bank’s chief financial officer said on Thursday. Sam Molinaro also told analysts on a conference call that Bear had […]
Telefonica Beats Hedge Funds With Growth-Payout Combo
Bloomberg- Cesar Alierta, head of former Spanish telephone monopoly Telefonica SA, delivered higher returns in the past year than Mohamed El-Erian did managing Harvard University’s endowment. Nowhe’s shifting his strategy to keep the price rising. Alierta may set plans to […]
Corporate Express hit by hedge fund rumours
DutchNews.nl- Corporate Express, the Almere-based office supplies group formerly known as Buhrmann, is the next Dutch company to be targeted by activist shareholders, news agency Reuters said on Thursday. Reuters said that UK hedge fund Centaurus, with a 5% stake, […]
Asia Value Formula Fund Launched By SAM
West Palm Beach (HedgeCo.Net)- Sensible Asset Management today announced the coming launch of the Asia Value Formula Fund. The new hedge fund aims to provide long-term capital growth over an investment horizon of 3 to 5 years, by investing primarily […]
Hedge funds help China’s Orwellian capitalism
Morning Call – The American economy may be teetering on the brink of a recession, but there’s an industry our hedge fund gurus believe has an almost limitless future: the Chinese police state. In a stunning report in The New […]
Plot thickens in Fairfax battle with hedge funds
Globe and Mail- A group of prominent American hedge funds have failed to get a $6-billion (U.S.) lawsuit against them by Prem Watsa’s Fairfax Financial thrown out of U.S. court. New Jersey Superior Court Judge Deanne Wilson ruled in Fairfax’s […]
Hedge fund firm bars withdrawals by investors
International Herald Tribune- Absolute Capital Management Holdings, whose co-founder, Florian Homm, abruptly quit Tuesday, on Wednesday stopped investors from withdrawing money from eight hedge funds that managed $2.1 billion. The firm told investors that they should not expect to be […]
Restricted Stock Partners Secures Funding From Pequot Ventures
NEW YORK, N.Y., Sept. 19, 2007 – Restricted Stock Partners today announced that it has secured Series A funding from Pequot Ventures. A portion of the funding will be used to speed the launch of a proprietary electronic trading platform […]
Asset Flows Move from Long-only Equities to Hedge Funds
NEW YORK, NY September 19, 2007 – According to TABB Group in a new benchmark study, “Alternative Investments 2007: The Quest for Alpha,†actively-managed US equity mutual funds, the largest segment of the mutual fund industry as measured by assets […]
Middle East Hedge Fund Summit to Take Place In Bahrain
West Palm Beach (HedgeCo.Net)- The third annual Middle East summit taking place on 5-7 th November at the Ritz-Carlton Hotel in Manama, is the first hedge fund specific event to take place in the Kingdom of Bahrain. Developed in […]