Monthly Archives: September 2006
Do Hedge Funds Hold Trade Secrets?
MSNBC – Fresh from his June victory against the Securities & Exchange Commission — in which a federal appeals court tossed out a controversial SEC rule requiring hedge funds to register with theagency — Phillip Goldstein is gearing up for […]
S&P revises hedge fund rating method, eyes growth
Reuters – Standard & Poor’s on Tuesday released enhanced criteria for rating hedge funds, a market segment expected to grow as investors and regulators press for greater transparency. The updated criteria include more quantitative analysis and more focus on operational […]
Fund of hedge fund assets rise
LONDON (Reuters) – Assets in funds of hedge funds, which let investors tap a suite of portfolios in one hit, climbed by more than $100 billion (54 billion pounds) in the six months to end-June, arise greater than in all […]
Hedge funds look to cash in on late filings by companies
As soon as Vitesse Semiconductor Corp. said it was under investigation for securities law violations that could delay routine regulatory filings, the Camarillo, Calif.-based maker of computer chips also learned it was about to be held up for ransom in […]
Singapore Encouraging Hedge Fund Growth
HedgeCo.Net (New York) – Tokyo is currently Asia’s biggest currency market, bur Singapore now too will target hedge funds, commodities trading and Islamic finance to sustain growth, said HengSwee Keat, managing director of the Central Bank of Singapore. After seeing […]
Options Scam Lets Citadel, Whitebox, Hedge Funds Exploit Bonds
Sept. 12 (Bloomberg) — As soon as Vitesse Semiconductor Corp. said it was under investigation for securities law violations that may delay routine regulatory filings, the Camarillo, California, maker of computer chips also learned it was about to be held […]
Kenmore European Industrial Fund plans IPO
LONDON (Reuters) – Kenmore European Industrial Fund, a Guernsey-registered fund, said on Monday it would raise 140 million pounds via a London initial public offering to invest in European industrial properties. The closed-ended investment fund, which expects trading to start […]
New York hedge fund operator discloses stake in Cyberonics
A New York hedge fund operator on Monday disclosed about a 7.3 percent stake in Cyberonics Inc., along with an ongoing intention to nominate a slate of three candidates for the medical device maker’s board of directors. According to a […]
Fink Steps Down from MAN Hedge Fund
HedgeCo.Net (New York) – Stanley Fink, the chief executive of Man Group hedge fund is stepping down as chief executive after almost twenty years at the company. He will be succeeded on 1 April 2007,by Peter Clarke, the firm’s finance […]
Canada Reports Suspicious Activty in Debt Market
HedgeCo.Net (New York) – The Bank of Canada warned 19 of the countries largest bond dealers not to take advantage of Canadian debt by manipulating the bond market. The bank suspected a hedge fund might have bought up a large […]
RPT Ahold board split over hedge fund call for break-up of business
Forbes – The board of Dutch supermarket group Royal Ahold NV is split over whether to sell off key parts of the business following break-up calls from hedge funds Centaurus Capital and Paulson & Co, The Business newspaper reported, citing […]
M&A People Divided on Hedge Fund Role
Black Enterprise – Merger and acquisition specialists, including corporate executives, bankers, lawyers and advisers, differ sharply in their attitudes toward hedge fund involvement in deals, according to a new survey by IntraLinks, a business information technology provider. Some 427 M&A […]