Yearly Archives: 2005
UPDATE 1-Shell, hedge fund reach deal in merger court case
Reuters – A British hedge fund and Royal Dutch Shell (RDSa.L: Quote, Profile, Research) reached a settlement onTuesday in a court case challenging the procedure Shell chose to buy out minority shareholders in its former Dutch parent. The court case […]
2006 merger activity
Reuters – Companies and private investors flush with record amounts of cash will take advantage of persistently low interest rates and spur increased merger activity next year, according to a newforecast from PricewaterhouseCoopers. The companies in the Standard & Poor’s […]
New Boardroom Sheriffs: Hedge Funds
Wall Street Journal – Good news for Paul Sarbanes and Michael Oxley: The senator and congressman whose names were affixed to Congress’s corporate-reform legislation have been knocked out of firstplace on the list of bogeymen haunting the corporate boardroom. The […]
Hedge fund managers offered malpractice insurance
Reuters – American International Group Inc. (AIG.N: Quote, Profile, Research) said on Tuesday it will begin insuring hedge fund managers against liability from certain regulatory investigations andinvestor lawsuits. The new insurance, offered by a unit of AIG, will be offered […]
Hedge funds impose longer lock-ups for investors
Reuters.uk – Hedge fund investors are being asked to tie up their money for longer, sometimes up to five years, to match the longer duration of investments in areas such as private equity. Traditionally, hedge funds have handcuffed investors for […]
Hedge fund challenges Royal Dutch Shell in court
Reuters – A British hedge fund is challenging in court the procedure chosen by oil giant Royal Dutch Shell (RDSa.L: Quote,Profile, Research) to acquire theremaining 1.5 percent of shares in its former Dutch parent as part of its unification. The […]
Morningstar buying Ibbotson
Chicago Sun-Times – Uniting two Chicago-based brands familiar to different segments of the investment world, Morningstar said Monday it will buy Ibbotson Associates for $83 million in cash. Ibbotson sells advice on asset allocation mostly to institutions and financial advisers […]
Hedge Funds Will Never Outgrow This Hulking Beast: Chet Currier
Bloomberg – Quick now, which investment vehicle is growing fastest here in the mid-’00s? a) hedge funds; b) exchange-traded funds; c) mutual funds. Answer: c) mutual funds, hands down. And no, that’s not a trick question. While hedge funds and […]
US CREDIT – Some short weak links in housing market
Reuters – Credit investors are betting more and more that the weakest participants in the U.S. housing market may begin to falter as the Federal Reserve raises interest rates, market participantssaid on Monday. Many hedge funds in recent months have […]
Salus Alpha – a secure alternative
Vienna, – 7th of December, 2005, – Salus Alpha – a secure alternative One knows it from aviation – you do not board an airplane without doubts, since not every operator considers safety the top priority instead of profits. This […]
SEC hedge fund rule
WASHINGTON, Dec 9 (Reuters) – U.S. appeals court judges on Friday in open court questioned the legal basis of a new Securities and Exchange Commission rule that will force hedge fund advisers to register with the agency. Two judges of […]
$5 Billion Hedge Fund Gets Clipped
The $5 billion hedge fund Millennium Partners, led by storied investor Israel A. Englander, reached a $180 million settlement today with New York Attorney General Eliot Spitzer and the Securities & Exchange Commission to settle charges of elaborate mutual fund […]