Yearly Archives: 2005
Hedge fund says has 9.3 pct stake in Delphi
NEW YORK, Oct 12 (Reuters) – Appaloosa Partners Inc., a New Jersey-based hedge fund that invests in securities from distressed companies, has amassed a 9.3 percent equity stake in Delphi Corp (DPHIQ.PK: Quote, Profile, Research), an auto parts-maker that sought […]
Refco used hedge fund in $430M flap
NEW YORK (MarketWatch) — Refco’s suspended chief Phillip Bennett allegedly used a hedge fund to disguise $430 million in debts to the company, media reports on Wednesday said. Liberty Corner Capital was paid for telling Refco’s auditors that it owed […]
VOLATILITY IS NOT RISK
In sophisticated financial circles, a discussion about “risk†is often introduced by some statistical measure which attempts to quantify risk in terms of a precise calculated number. It’s a clean and easy approach. Asset managers can state boldly: “my […]
Dutch hedge fund concern correct ? IMF chief
IPE.com 11/Oct/05: UK – The head of financial market stability at the International Monetary Fundsaid the Dutch financial regulator AFM “was not wrong†to be concerned about the lack of transparency in hedge funds. “Transparency is better today than it […]
Hedge fund starts proxy fight at A. Schulman
BOSTON, Oct 11 (Reuters) – A group of hedge funds headed by Barington Capital Group on Tuesday increased the pressure on plastics company A. Schulman Inc. (SHLM.O: Quote, Profile, Research) to sell itself by launching a proxy fight to take […]
Clade Investment Management launches THE SOUTH AFRICAN INVESTABLE
(PRLEAP.COM) Clade Investment Management today announced the launch of the South African Investable Hedge Fund Index (SAIHF) and a range of investable index products tied to this index. The SAIHF isthe first product that allows investors to access this attractive […]
Hard to find talented hedge fund managers, say experts
LONDON (Reuters) – Finding top hedge fund managers is harder than it used to be because heavy flows of money into the industry have attracted a lot of mediocre talent, panellists at a hedge fund event said on Monday. Over […]
Hedge funds gain in September
SAN FRANCISCO (MarketWatch) – Hedge-fund gains in September outpaced equity and bond markets, industry consultant Hennessee Group said on Monday. The Hennessee Hedge Fund Index, which tracks the performance of more than 900 managers overseeing about half the capital in […]
Hedge fund firm Prisma says US stocks cheap
LONDON (Reuters) – U.S. stocks are cheap compared with government bonds and that will probably remain the case until official U.S. interest rates peak in the middle of 2006, hedge fund firm Prisma Capital Partners told Reuters. Gavyn Davies, Prisma […]
Delphi Punishes Hedge Funds
( www.thestreet.com ) – Delphi’s (DPH:NYSE – commentary – research – Cramer’s Take) bankruptcy filing might make it Black Monday for the auto parts industry, but for hedge funds with bigbets riding on the company’s stock and bonds, the picture […]
Hedge-fund warning from M&S chief
( www.sundayherald.com ) – Paul Myners, the Marks & Spencer chairman who led a Treasury review of institutional investment, has warned that companies’traditional means of fighting off takeovers are redundant because of the pressures of hedge-fund investors in the UK […]
Hedge funds: the global financial dimension
( www.menafn.com ) – Gulf Money by Matein Khalid It was my privilege to witness the global proliferation of hedge funds since the early 1990’s from vantage points in New York, Chicago, London, Geneva, Abu Dhabi and Dubai. New instruments, […]
