BBC News- The study said the global rich are increasingly attracted by private equity schemes and hedge funds as they offer more stable returns than shares. Its findings come after recent global stock market volatility. The report by Barclays Wealth […]

Bloomberg– Hellman & Friedman LLC agreed to acquire Goodman Global Inc. for $1.76 billion, turning to hedge funds including Farallon Capital Management LLC for backing after banks curtailedtheir financing of leveraged buyouts. The San Francisco-based firm will pay $25.60 a […]

Chicago Tribune – Hedge-fund managers attracted $45.2 billion in the third quarter, a decline from record fundraising earlier in the year as subprime-mortgage losses hurt investment returns. New money gathered from investors worldwide fell by more than a fifth, from […]

Forbes -The proposal by securities regulators to phase out offshore participatory notes as a means of investing in Indian equities got a vote of support Tuesday from investment guru Mark Mobius. Hesaid such a move wouldn’t stop the record flow […]

Money Marketing- The convergence between hedge fund and equity market returns could cause confusion on how such funds should be used to diversify investment portfolios, says the Bank of New York Mellon. A study conducted by the bank and research […]

Baltimore Sun-  Bear Stearns Cos. and a Chinese government-controlled securities firm agreed yesterday to invest $1 billion in each other and combine some operations in Asia, giving the U.S.brokerage an entrance into China’s insular financial sector. The investment is the […]

Zawya.com- The petrodollar-driven sovereign wealth funds (SWFs) will become major powerbrokers in global financial markets, said Walter Kielholz, chairman of Credit Suisse Group. Speaking at a symposium, The Changing Contours of Global Finance organised by the Institute of International Finance, […]

ZURICH Reuters- Whether a $75 billion fund to rescue the battered mortgage-backed securities market takes off or not, its sponsor U.S. Treasury Secretary Henry Paulson seems to be losing the argumentover its merits, strategists and economists said. The fund, announced […]

Business Day South Africa- The formation of 33 new hedge funds in the year to end June helped boost total industry assets under management by almost 70% to R25,9bn, excluding money in unit truststhat use leverage. According to the 2007 […]

Atlanta Business Chronicle -Hedge fund investors have put Delta Air Lines Inc.’s pilots on alert by shorting Delta stock just as CEO Richard Anderson renewed speculation that the airline couldcombine with a rival. Delta pilots, who met recently to get […]

CNBC – Australian bank Macquarie raised its offer for Techem to 1.43 billion euros ($2 billion), 5.4 percent more than its previous bid and thefourth offer for the German metering company. Techem shares were indicated 18 percent higher in trading […]

New York Daily News -Hedge funds may be all the rage with rich folks, but their skyhigh minimum investments leave ordinary investors out in the cold. But a growing number of mutual funds that invest like hedge funds are allowing […]