Category Archives: Syndicated
Dai-ichi Mutual Aims to Lift Hedge Fund Investments
Bloomberg – Dai-ichi Mutual Life Insurance Co., with more than 30 trillion yen ($274 billion) in assets, will invest more money with hedge funds to safeguard returns as financial markets falter. Tokyo-based Dai-ichi Mutual, Japan’s second-largest life insurer, currently invests […]
Global fluctuation may affect hedge fund demand positively
Turkish Daily News – Hedge funds, which have reached an estimated asset volume of $2 trillion globally by attracting investor’s interest with their rapidly changing asset allocation and high risk appetite, are about to be accessible to investors in Turkey. Oyak Securities, Garanti […]
HSBC denies new deadline for $6.3 billion KEB deal
Reuters – HSBC Holdings on Thursday denied a South Korean media report saying it had agreed with U.S. private equity firm Lone Star to set a new deadline for a $6.3 billion deal for control of Korea Exchange Bank. "We […]
NY hedge fund group seeks new industry standards
Reuters – The New York Hedge Fund Roundtable is seeking to establish professional standards to self-police the lucrative industry, both to prevent future scandals and avert the imposition of new laws on the $2 trillion industry. "It’s a great industry. […]
Hedge Fund Business Lifts Profit for Blackstone
New York Times – The Blackstone Group may be best known as an immense private equity firm, but the firm’s earnings report on Wednesday made it clear that Blackstone has been buoyed by its hedge fund operations. Blackstone reported $165.6 […]
How to set up a hedge fund
1 Chose a name A posh part of London or New York can be suitable, as in Pershing Square Capital, Cheyne Capital and Thames River Capital. Or you could choose something slightly aggressive such as Tiger Capital, Citadel Capital or […]
Global Islamic Fund of Funds Ranked Number One
Al-Bawaba – The Global Islamic Funds of Funds has demonstrated excellent performance in terms of returns and stability and has consistently outperformed other funds in the same category. Global Investment House “Global” announced today that its Global Islamic Fund of […]
A 405 poem, speed limits and oil hedge funds; Ramping up
Los Angeles Times – The state bill, AB 2321, which would allow a half-cent sales tax to be placed on the November ballot, was put in the suspense file in the State Senate’s Appropriations Committee last night. I’m not sure […]
Smith Gambrell Entangled in Hedge Fund Scandal
Law.com – Smith, Gambrell & Russell and one of its former attorneys are caught up in the expensive brouhaha surrounding International Management Associates, a now-defunct investment firm which bilked pro football players, a former Scientific-Atlanta CEO and other well-heeled investors […]
Big-Dollar Donors Are Major Force in Obama Campaign
New York Times – In an effort to cast himself as independent of the influence of money on politics, Senator Barack Obama often highlights the campaign contributions of $200 or less that have amounted to fully half of the $340 […]
Hedge funds expand role as small business lender
Guardian.co.uk – Hedge funds are known for playing many roles on Wall Street, but last-resort lender to small businesses that are turned down by banks is hardly one of them. Yet with the credit crunch pushing many major U.S. banks […]