Monthly Archives: September 2006
Hedge Funds and Wine
HedgeCo.Net (New York) – Robert Lyster, co-founder of hedge fund Lyster Watson Management Inc. has found a new investment for his hedge fund millions, the land rich, cash poor, winemaking lifestyle. Wall Street wine mavens interested in purchasing a Burgundy […]
Horizon Enhances Business Development And Portfolio Management
HedgeCo.net ( New York ) – Horizon Cash Management LLC, a leadingcash manager for alternative investment funds, today announced that theyhave hired a new executive and promoted another as the firm ramps up itsbusiness development and portfolio management in conjunction […]
GOP colleagues glad to carry Castle
Delaware Online – The two small strokes Rep. Mike Castle suffered over the weekend will keep him out of Washington for the last hectic congressional work week before the November elections. Congress is set to vote on a series of […]
Hedge fund firm Integrated
Reuters – Fund-of-hedge funds firm Integrated Asset Management, enlarged by an acquisition, said its assets under management rose to near $1.5 billion (790 million pounds) in early September from$832.9 million at the end of June. Pre-tax profit rose to 387,047 […]
Jefferies pushes into hedge prime broker business
Reuters – Jefferies Group Inc. is making a push into one of the most coveted money-making franchises on Wall Street in offering prime brokerage services to hedge funds, senior executives of the investment bank said. The New York-based brokerage is […]
Hedge fund’s blowup doesn’t mean sector ought to be regulated
Baltimore Sun – In the investing world, it can be a short three-step walk from problem to new regulation. First, a problem is uncovered. Next, “victims” or “losers” are identified. Then, regulationsand legal remedies are proposed. So when a hedge […]
SEC confirms its probe of Amaranth hedge fund
Seattle Times – A top Securities and Exchange Commission (SEC) official confirmed that the agency is investigating Amaranth Advisors, which lost billions of dollars this month due to bad bets onnatural-gas prices, and the probe is focused on whether the […]
Japan Hedge Fund Boom
HedgeCo.Net (New York) – The Japanese yen may be falling to a 20 year low according to a Bloomberg report. Japanese investors last month bought more overseas hedge fund bonds than ever before. The yen is approaching its lowest value […]
Hedge Funds Cash In On Good weather
New York (HedgeCo.net) – The intensity of last year’s storms caused hedge funds to bet billions of dollars on reinsurance, the hedge funds that put these billion dollar bets on another Hurricane Katrina not hitting the U.S. coastline now have […]
M2M Management launch shipping hedge fund
HedgeCo.net ( New York ) – M2M Management today announce the launch of the first physical and futures maritime freight fund – ‘Global Maritime Investments Ltd (GMI)’. GMI offers investors the opportunity to secure superior risk adjusted returns in a […]
Hedge funds branch out into timber crops
Business Online – “TOUCH wood†and be lucky. Or as Americans say, “knock on woodâ€Â. Wood, or rather timber, has certainly brought a lot of luck – and wealth – to many investors in the United States. There, timber now […]
Hedge fund managers under Revenue spotlight
Financial Director – Officers from HM Revenue & Customs are paying more visits to Mayfair – the heart of the hedge fund industry – to investigate the tax arrangements of what is considered a lightly regulated industry. Hedge fund managers have […]