Yearly Archives: 2005
Systeia Capital Management announces changes to the management team of Futures and Global Macro Strategies
Paris, 29 September 2005 – Following the launch of a new hedge fund strategy called “Global Macroâ€Â, Systeia Capital Management, a hedge fund manager based in Paris, announced three internalappointments: Joël Gross has been promoted to the position of Futures’ […]
Judge hedge funds on risk-based returns
LONDON (Reuters) – Investors fret that hedge fund returns will again this year fall short of equity returns, but analysts say bare comparisons are inappropriate without taking relative risk into account. Hedge fund returns are usually more consistent and less […]
Decillion to sell all assets, de-list from the JSE
(www.iafrica.com) Thursday, September 29, 2005 – Following the substantial restructuring of its business and the sale of some operations, listed niche financialservices group Decillion now plans to dispose of its remaining businesses and assets, distribute the proceeds to shareholders and de-list from […]
Copper peak? due to hedge funds?
(Financial Times) Copper prices reached a fresh nominal high yesterday, on the day that Kazakhmys, a Kazakh copper miner, announced plans to list on the London Stock Exchange. Analysts said the rise was driven by hedge fund buying prior to […]
Getting used to hedge funds
As more SA pension funds are considering whether to include hedge funds in their investments, it is useful to see the attitudes of their international counterparts in the recent KPMG report, “Hedge funds: a catalyst reshaping global investments”. In many […]
New Robertson-backed fund tests liquidity theory
NEW YORK (Reuters) – Liquidity theory, which presupposes that markets gain or lose on changes to the sum of outstanding shares, is getting a live market test through a new hedge fund set up by its promoter, Charles Biderman. The […]
Hedge fund puts pressure on A. Schulman to sell
BOSTON, Sept 28 (Reuters) – A group of hedge funds headed by Barington Capital Group wants plastics company A. Schulman Inc.(SHLM.O: Quote, Profile, Research), whose shares have lagged the broader market for years, to sell itself to boost its stock […]
PRS Group Adds Investment Professional
Miami, FL (September 27, 2005) – PRS Group announced today that Mr. Martin Loeser has joined the firm’s alternative investment team as a Portfolio Manager, Fund-of-Funds. Prior to joining PRS, Mr. Loeser was Senior Investment Analyst at Ivy Asset Management, […]
Red Star Capital Management Unveils New Hedge Fund
Red Star Capital Management LLC is launching its first hedge fund, Red Star Fund LP. The new fund will begin trading October 1st and is domiciled in Delaware. The Red Star Fund LP, in conjunction with its subsidiary Red Star […]
Morgan Strategist to Join Hedge Fund
New York Times – Morgan Stanley’ssenior investment strategist, Byron R. Wien, will leave the investment bank to join the hedge fund Pequot Capital as chief investment strategist, Pequot said yesterday. Mr. Wien, whose annual list of “10 surprises” – economic […]
Hedge-Fund Man at McDonald’s – Wall Street Journal
(www.wallstreetjournal.com) – In 1997, a brash, young hedge-fund manager envisioned McDonald’s Corp. selling off all its restaurants to give shareholders a huge value meal. Eight years later, Bill Ackman has amassed a super-size stake in the great American icon and […]
HBOS’s Ferrans – hedge-fund borrowing could spark off next splits- Scotsman
(www.scotsman.com) – ONE of Britain’s leading fund managers has hit out at the potential borrowings “bubble” within the hedge-fund industry that could burst in an echo of the split-caps debacle. Douglas Ferrans, the Scots-born chief executive of HBOS’s fund management […]
