Category Archives: Syndicated
The Top Three Activist Plays
StockPickr.com – Wexford Capital is opposing the proposed acquisition of Bronco Drilling (BRNC) by Allis-Chalmers (ALY). Wexford Capital believes the deal “is not in the best interest of Bronco shareholders.” Bronco Drilling provides contract land drilling and workover services to […]
BlackRock tops retail fund sales
Reuters UK – Fund firm BlackRock held onto the top spot for net sales of British funds to retail investors in the second quarter, according to industry data, helped by sales of its hedge fund-style UK Absolute Alpha fund. BlackRock […]
Lionhart Launches DIFC Office as DFSA Grants License
Zawya – Lionhart (Middle East) Limited, part of the Lionhart group of companies, a firm specializing in global multi-strategy arbitrage, today announced that it has gained regulatory approval from the Dubai Financial Services Authority (DFSA) to open an office in […]
CDS counterparty risks serious threat to global financial markets
Hedge Funds Review Magazine – Greenwich Associates conducted a study of 146 institutions in North America and Europe to determine how fears of counterparty risk were affecting institutional investment and trading strategies. The study revealed that 37% of participating institutions […]
Russell to boost Asia property fund exposure
Reuters Singapore – U.S.-based Russell Investments, which manages over $211 billion (110 billion pounds) in assets, wants to boost its exposure to Asian real estate as it sees growing markets in China and India withstanding a global downturn. The company, […]
Barratt shares soar on hedge fund interest
Financial Times – Shares in Barratt Developments led the housebuilding sector higher on Monday morning as it revealed a US fund manager had increased its stake in the heavily-indebted company to more than 6 per cent. Polaris Capital Management, a […]
A Seal of Approval for Hedge Funds
Seeking Alpha – In a recent interview, Mr. Stanley Goldstein announced the creation of an industry watchdog group, led by the New York Hedge Fund Roundtable. Its goal is to self-enforce otherwise voluntary and "weak" hedge fund practices. (As I wrote in […]
So you think Obama is a reformer. Dream on
This is Money – Perhaps you’ve been imagining that if Barack Obama becomes President of the US, he will impose tough new rules on Wall Street, sweep away the economic inequalities of the Bush years and demand that the gigantic […]