Yearly Archives: 2005
Hedge fund held stake in MEC, court told – Globe and Mail
TORONTO — The hedge fund that wants MI Developments Inc. to divest its 59-per-cent share of Magna Entertainment Corp. was itself a major shareholder of the racetrack and gambling company before becoming disillusioned and selling off its stake in 2002, […]
Hedge Fund Investors Plan to Go With Stock, Macro Funds in 2006
Dec. 27 (Bloomberg) — Hedge fund investors, frustrated by the lowest returns in three years, say they are giving more money to managers who bet on stocks and macroeconomic trends because they expect them to post the biggest gains in […]
Money, Mania, Memories of 2005
It’s a tough call separating the financial market highlights of 2005 from the lowlights. They often were one and the same. Where to start? Maybe Jim Cramer throwing a chair across the CNBC studio? The sound of millions of hands […]
The Week Before New Year
With apologies to Clement Clarke Moore: ‘Twas the week before New Year, when the calendars turn, And investors were anxious about the returns they might earn In the 12 months ahead they were about to confront. They face strange dilemmas […]
Hedge funds are getting their way
To hear Awadhesh Sinha tell it, Steven Madden Ltd. is a shareholder-friendly company. The shoe designer and maker has returned $21 million to investors so far in 2005 by doling out dividends and by repurchasing stock, more than double what […]
Living in a maze – the other side of hedge funds
AH, THE grand life of the hedge fund manager: the salaries in the tens, if not the hundreds, of millions of dollars; the mansions in Greenwich; and the ski houses in Aspen. But there is another other side of the […]
2 Texas hedge funds settle fraud case
WASHINGTON, Dec 22 (Reuters) – Two Texas hedge funds, their investment adviser and two executives agreed to pay a combined $37.7 million to settle charges of fraudulent market timing and late trading in mutual funds, federal and state regulators said […]
The Hedge Fund Report: Registration Battle Lines
Much has been written about hedge funds’ last-minute attempts to avoid registration with the Securities and Exchange Commission. One widely reported tactic has been to increase the length of time in which investors’ money is “locked” into a fund beyond […]
Hedge fund urges Mellon to spin off key business
BOSTON, Dec 22 (Reuters) – Hedge fund Highfields Capital on Thursday pressured Mellon Financial Corp. (MEL.N: Quote, Profile, Research) to separate its two main businesses, arguing shareholders are losing money because the company tries to do too many things at […]
How to Build Your Own Fund
It’s surprisingly easy to set up, you can keep costs down, and you won’t have to share the profits If P.T. Barnum were alive today he would be a hedge-fund manager. Who needs suckers to go to the circus when […]
Component Changes Made to DOW Jones China Indexes
Changes Are a Result of a Regular Review of the Indexes BEIJING, December 22, 2005 – Dow Jones Indexes today announced changes in the composition of the Dow Jones China Index Series (Dow-China Indexes). The component changes in the Dow […]
Stellar hedge fund returns seen unlikely in 2006
Hedge fund returns next year could be up on 2005 as volatility picks up, but investors looking for stellar double-digit returns should steer clear of the industry, analysts said. However, for those aiming to diversify their portfolios to spread risks […]
