Yearly Archives: 2005

McDonald’s management has already rejected the call from Pershing Square Capital Management, which will present its plan to the investment community at the Value Investing Congress in New York on Tuesday. The fund holds a 4.9 percent stake in the […]

Barclays is to launch a hedge fund product for small investors, becoming the biggest British financial services firm to try to sell so-called alternative investments to the British mass market. It has set the minimum investment at £7,000 – a […]

(Bloomberg) — Hedge funds will pay Wall Street record fees this year for brokerage services, a business dominated by Morgan Stanley, Bear Stearns Cos. and Goldman Sachs Group Inc. The securities industry’s annual revenue from lending shares and cash, clearing […]

LONDON (Reuters) – Credit Suisse (CSGN.VX: Quote, Profile, Research) is merging its hedge fund businesses to tighten management control and improve efficiency, said the head of the project, which is attracting attention and possible imitators in the industry. The revamp […]

NEW YORK, Nov 7 (Reuters) – Citadel Investment Group, a leading hedge fund manager, is again pushing into the reinsurance market by launching a new Bermuda-based venture backed by $500 million in fund assets. The new reinsurance company, called New […]

LONDON, Thurs: Hedge funds are increasingly looking to derivatives to give them low-cost exposure to booming emerging market stocks, a global brokerage firm said yesterday. Many hedge funds prefer to use derivatives such as contracts for difference (CFD) because they […]

Man Financial, one of the world’s largest hedge funds, won the Refco (RCXCQ:OTC – commentary – research – Cramer’s Take) sweepstakes Thursday, paying $282 million in cash for what’s left of the scandal-tarred commodities and derivatives brokerage. The London-based hedge […]

Pittsburgh Post-Gazette – Thursday, November 10, 2005 A large number of major hedge-fund firms won’t be registering with the Securities and Exchange Commission despite new rules aimed at forcing mosthedge-fund advisers to sign up by early next year. … Like […]

Hartford — Thomas Whelan, CEO, and George Van, Chairman, announced today, that Muirhead Holdings, LLC of Greenwich, CT.  (“Muirhead”) acquired Van Hedge Funds, LLC of Greenwich, CT and Nashville, TN (“Van”). Whelan will continue as CEO of Van while George […]

BOSTON –A civil complaint against a hedge fund manager alleges he defrauded about 75 investors by hiding losses and overstating the fund’s value by about $29 million. The complaint by the Securities and Exchange Commission also alleges Mark R. Conway […]

Pressure mounted on McDonald’s to break itself up Monday, with a major shareholder calling for the hamburger giant to spin off its company-owned restaurants. William Ackman, the general partner of Pershing Square L.P., pledged to divulge the details of his […]

Former Refco Chairman and CEO Thomas Dittmer, a legendary commodities trader for three decades, plans to return to Wall Street with a new investment venture that will compete with his former employer, USA TODAY has learned. Dittmer was in London […]