Category Archives: Syndicated
Hedge fund code
Financial News Online US- Plans for a hedge fund code of conduct need to be beefed up to protect institutional investors piling cash into the industry, Albourne Partners, one of the biggest UK specialist advisers, warned on Wednesday. Albourne said […]
Hedge fund boosts stake in troubled jeweler Zale
Tulsa World- Breeden Capital Management LLC has boosted its stake in Zale Corp., the largest U.S. jewelry chain by number of stores, to 13 percent, as the retailer strugglesto regain market share. Former Securities and Exchange Commission Chairman Richard Breeden […]
Hedge fund raises stake to block nationalisation
Guardian Unlimited- Pressure mounted yesterday on the government to nationalise Northern Rock after an activist investor in the stricken bank revealed it had increased its shareholding for a third time in three days, positioning itself to block deals that favour […]
Mark Mobius says hedge funds to target Pakistan
Times Online- One of the world’s most respected emerging market investors has pledged to keep his funds in Pakistan despite the turmoil unfolding in the country following last week’s assassination of former prime minister Benazir Bhutto. Mark Mobius, who runs […]
PHH ends proposed merger with GE
Reuters- Mortgage and vehicle fleet company PHH Corp (PHH.N) said on Tuesday it terminated its nearly $2 billion sale to General Electric Co (GE.N) and Blackstone, after the private equity firm failed to obtain required financing for the deal. GE […]
Hedge fund RAB nudges up Northern Rock stake
Reuters- RAB Capital, a top investor in Northern Rock, has bought shares in the bank for the second time in two days, raising its stake to 7.5 percent ahead of a January shareholder meeting, a filingshowed on Friday. RAB and […]
Bear Stearns hedge funds saga continues
Cayman Net News- The multi-billion dollar collapse of two Cayman Islands hedge funds managed by investment giant Bear Stearns is set to continue to make headlines into the New Year. As 2007 drew to a close, news was released that […]
Magnum launches China fund of funds
Hedge Funds Review Magazine- Magnum has launched the Magnum China Fund, a fund of funds that seeks to make substantial gains by investing in several of the top-performing funds that have interest in the Greater China region. Many of these […]
Investors file claim against Ritchie
Chicago Tribune- Investors have filed an involuntary Chapter 11 bankruptcy petition against a hedge fund run by Ritchie Capital Management, the latest in a long string of troubles for the suburban investment company now hit with accusations of mismanagemen. In […]
Hedge funds, private equity and philanthropy
Daily Telegraph- The sensation of having had too much of a good thing must be pretty universal by now, as we stagger into the final binge of an extended Christmas and New Year break. In my own case,the good thing […]
Bear Stearns Fund Executives Sued Over Collapse Of Two Hedge Funds
CNNMoney.com- A San Francisco partnership sued Bear Stearns Cos. ( BSC) Friday over the collapse of two hedge funds earlier this year that wiped out $1.6 billion in investor capital. FIC LP, which is described in the lawsuit as a […]
Hedge funds see $41 billion net inflow in third quarter
Reuters- The hedge fund industry recorded net inflows of $41.1 billion (20.7 billion pounds) in the third quarter, taking assets under management (AUM) up to an estimated $1.73 trillion, research firm Lipper said on Friday. The hedge fund industry’s AUM […]