Monthly Archives: September 2006
Upgrading operations as hedge funds mature
IT Directors – The hedge fund industry is maturing in a number of ways. It is one of the major recognised “alternative forms of investmentâ€Â, perhaps better described as one of the major established forms of alternative investment. Funds are […]
Man Group Names Clarke Chief, Fink as Deputy Chairman
Bloomberg- Man Group Plc, the world’s largest hedge-fund manager, said finance director Peter Clarke will replace Stanley Fink as chief executive next year. Fink, 49, will become non-executive deputy chairman in April 2007, the London-based company said in a Regulatory […]
Hedge fund says Sizeler should abandon Revenue deal
Reuters – Sizeler Property Investors Inc. is facing increased pressure from a hedge fund shareholder to reject a deal to sell itself to Revenue Properties Co., according to a regulatory filing onWednesday. Kenner, Louisiana-based Sizeler, a real estate investment trust […]
Hedge Funds Dig Mining Companies
HedgeCo.Net (New York) – Terence Ortslan, managing director of TSO & Associates, said in his analysis regarding the mining industry, “There’s a clear message that the market is more interested in cash than in building companies.†this brings to light […]
Oppenheim to launch internal Hedge Fund
HedgeCo.Net (New York) – Sal Oppenheim Jr. & Cie. has plans to invest E 150 million with a Zurich based hedge fund that will operate a long short global equities investment. The hedge fund is aiming to raise E 300 […]
David Deutsch Speaks At LRG Capital Summitt
HedgeCo.net ( New York ) Larkspur, CA, September 6, 2006 – LRG Capital Group LLC, a global merchant bank that invests in small and mid-cap public companies, today announced thatDavid Deutsch, the Chief Investment Officer of the San Diego County […]
‘Funds of funds’ offer yield and diversification, but watch fees..
SAN FRANCISCO (MarketWatch) — Mutual funds billed as one-stop shops for yield-hungry investors searching stock and bond markets for income are on the rise. Called “funds of funds,” they don’t hold individual securities but instead own several other strategically selected […]
Hedge funds lead European leveraged lending
LONDON (Reuters) – Specialised debt and hedge funds are the lenders for up to half of the leveraged loans syndicated in Europe, Close Brothers said, which questioned how the funds would behave if borrowers were to run into trouble. Banks […]
Amber Partners Completes 28 Operational Risk Certifications in 10 Months
Yahoo Finance -Amber Partners Ltd., an independent specialist in hedge fund operational risk, today announced they have completed their 28th operational certification since the company’s launch inNovember 2005. Completed certifications represent approximately US$30 billion in total assets under management, with […]
Barclay buys AAC to increase hedge fund database
Reuters – Barclay Group, which compiles performance data about the hedge fund industry, on Tuesday said it acquired the Alternative Asset Center (AAC) database, creating what it said was the world’slargest such information source. Fairfield, Iowa-based Barclay, currently tracks performance […]
New ratings for hedge funds
Moody’s Investors Service, Standard & Poor’s and Fitch Ratings are developing criteria to evaluate the soundness of hedge funds in response to appeals for transparency from investors and regulators as inflows surge. Systems are being developed to appraise hedge funds […]
Exotic Mortgages and Hedge funds
HedgeCo.Net (New York) – Hedge funds have been particularly active in the ARM mortgage trade, buying risky loans directly from banks and cutting out the middle men. These hedge funds are willing to buy risky loans, as they can set […]