Category Archives: Syndicated
Over 1,000 Hedge Funds Launched In 2011
Seeking Alpha – There were 1,113 hedge fund launches in 2011, including 270 in Q4 – the highest annual total since 2007, according to Hedge Fund Research. A total of 775 funds liquidated in 2011, including 190 in the fourth quarter. […]
Ruling Moves Tribune Closer to Bankruptcy Exit
Reuters – Tribune Co., the bankrupt publisher of the Chicago Tribune and Los Angeles Times, moved closer to ending its three-year bankruptcy after a judge resolved lingering disputes about the order in which noteholders should be repaid. Monday’s [April 9] ruling by Delaware […]
New York-based hedge fund to vote against Telus share combination
Canadian Press – Telus Corp. is facing a challenge from a New York-based hedge fund that wants to stop the telecommunication company’s plan to create a single class of common shares. Mason Capital said Tuesday in documents filed with regulators that […]
Odey Still Backing BSkyB after Murdoch Resignation
Reuters – Pay TV group BSkyB has received the backing of Crispin Odey, one of its top shareholders and one of Europe’s most influential hedge fund managers, in the wake of last week’s high-profile resignation of James Murdoch as chairman. Mr. […]
European stock markets rocked by panic selling as debt crisis reignites
Guardian – Europe’s sovereign debt crisis exploded back into life on Tuesday, with markets across the continent rocked by a wave of panic selling amid renewed fears about the impact of savage austerity measures in Spain and Italy. The mood of uneasy calm […]
Hedge Fund Association backs JOBS Act
HFM week – The Hedge Fund Association (HFA), an international organisation that represents hedge funds, service providers and investors, has endorsed US President Barack Obama’s signing of the Jumpstart Our Business Startups (JOBS) Act last week, saying that emerging managers […]
Hedge Funds Cut Wagers as Fed Signals Less Stimulus: Commodities
Bloomberg – Hedge funds reduced bullish bets on commodities for a second consecutive week as the Federal Reserve signaled it may refrain from more monetary stimulus, increasing concern that growth will slow and curb demand for raw materials. Money managers […]
Hedge funds lag the market, again
CNN – So far in 2012 investors would have done better putting their money in a low-cost stock index fund than the average hedge fund. In the first three months of year, the average hedge fund returned 4.6%, after fees, […]
New IFSB Guidelines Focus on Islamic Bank Risk
Reuters – The Islamic Financial Services Board has published new guidelines on liquidity and stress-testing, seeking to reduce the balance sheet risk of Islamic financial institutions in line with a tightening of standards in conventional banking. The guidelines are the […]
Hedge Fund Marketing Ban Erased With Stroke Of Obama’s Pen
An 80-year-old rule that has prevented the hedge fund industry from advertising to the public became history on Thursday, when President Barack Obama signed a wide-ranging jobs-creation bill that also abolished the longstanding ban. The JOBS Act seeks to do […]
Hedge funds cut positions as Fed signals less stimulus
(Bloomberg) — Hedge funds reduced bullish positions on commodities for a second consecutive week as the Federal Reserve signaled it may refrain from more monetary stimulus, increasing concern that growth will slow and curb demand for raw materials. Money managers […]
Hedge funds keep a lid on leverage
Financial Times – Since 2010s introduction of the so-called Volcker rule, Wall Street’s banks have moved fast to drop some of the most prominent vestiges of their past success: their proprietary trading operations. Banks once dominated bond and equity markets […]