Yearly Archives: 2005
European Fund Management Lobby Urges Simpler Hedge Fund Laws
BRUSSELS -(Dow Jones)- The European Fund and Asset Management Association Monday called for harmonization of rules governing European Union hedge funds and funds of hedge funds, warning that failure to regulate the market is stifling Europe’s economic growth. In a […]
Hedge funds demand Versatel board changes
LONDON, Nov 28 (Reuters) – Hedge funds representing 15.5 percent of shares in Dutch telecoms firm Versatel demanded changes to its supervisory board on Monday, continuing their resistance to a takeover by Sweden’s Tele2 AB (TEL2b.ST: Quote, Profile, Research). Tele2 […]
Banks’ revenues from hedge funds to slip-research
LONDON, Nov 28 (Reuters) – Investment bank revenues from servicing hedge funds are expected to slip after strong growth this year partly because of greater competition, Morgan Stanley said in aresearch note. Morgan Stanley estimates prime brokerage divisions of investment […]
ECB says hedge funds may pose some risks to EU banks
FRANKFURT (AFX) – The expansion of the hedge fund industry may pose some risks to EU banks, even if their direct exposure to hedge funds is fairly limited, the European Central Bank said in a report. EU banks’ direct exposure […]
Hedge fund activist turns up heat
(Chicago Tribune) – NEW YORK — There is little doubt that the increasingly opulent hedge fund community–if there is one–is proud of William Ackman’s charge on McDonald’s Corp. That an aggressive hedge fund manager like Ackman, general partner of New […]
Rogue investors on Big Mac attack
(Toronto Star) McDonald’s Corp., world’s largest fast-food chain, has been turning cartwheels to please investors. But to little avail. It’s one of many blue-chip firms in the United States and Canada coping with a speculative assault that in some ways […]
Commodity Futures Interest Rising In Australia
SYDNEY (Dow Jones)–Slow on the uptake, Australian investors are starting to warm to commodities in a sign the likes of metals, crops and energy are becoming a mainstream asset class. Fund managers in the country report an uptick in interest […]
Hedge Funds Work for Yale, but Will They Work for You?
(New York Times) DEEP-POCKETED investors have done famously well by depositing some of their surplus millions in hedge funds. The Yale University endowment, for example, has relied heavily on hedgefunds over the last two decades to earn annual returns of […]
Pension Officers Putting Billions Into Hedge Funds
(New York Times) Faced with growing numbers of retirees, pension plans are pouring billions into hedge funds, the secretive and lightly regulated investment partnerships that once managed money only for wealthy investors. The plans and other large institutions are expected […]
Hedge Funds Buy Copper on Speculation China Needs to Cover Bets
(Bloomberg) Hedge-funds including Winton Capital Management are buying copper on speculation China will purchase the metal to cover wrong-way bets by a government trader. Speculators helped send prices to a record high this month, saying China may need to buy […]
Morgan Stanley offered to buy $5 bln hedge fund-report
PHILADELPHIA, Nov 24 (Reuters) – Morgan Stanley (MWD.N: Quote, Profile, Research) recently offered to buy $5 billion hedge fund FrontPoint Partners, but a deal never materialized because the two parties couldn’t agree on a price, The New York Times reported […]
Shareholders take on role of activists
Major shareholders are increasingly turning into activists, putting pressure on executives in almost every industry to step up their performance at the risk of losing their jobs — or theircompanies. Some of the activism, often by hedge funds, is pushing […]
