Category Archives: Syndicated
Corporate Express hit by hedge fund rumours
DutchNews.nl- Corporate Express, the Almere-based office supplies group formerly known as Buhrmann, is the next Dutch company to be targeted by activist shareholders, news agency Reuters said on Thursday. Reuters said that UK hedge fund Centaurus, with a 5% stake, […]
Hedge fund firm bars withdrawals by investors
International Herald Tribune- Absolute Capital Management Holdings, whose co-founder, Florian Homm, abruptly quit Tuesday, on Wednesday stopped investors from withdrawing money from eight hedge funds that managed $2.1 billion. The firm told investors that they should not expect to be […]
Plot thickens in Fairfax battle with hedge funds
Globe and Mail- A group of prominent American hedge funds have failed to get a $6-billion (U.S.) lawsuit against them by Prem Watsa’s Fairfax Financial thrown out of U.S. court. New Jersey Superior Court Judge Deanne Wilson ruled in Fairfax’s […]
Even hedge fund billionaires tighten purse strings
International Herald Tribune- On a sun-splashed day this month, Harald Grant, a Sotheby’s real estate agent, showed his top listing to a hedge fund client. The client himself was not touring the jaw-dropping, 11-acre estate, with its two swimming pools, […]
SEC Looks For Insider Trading At Hedge Funds
24/7 Wall St.- The SEC will beging to step up its examination of insider trading at hedge funds. According to Bloomberg “SEC officials told hedge funds to list clients and workers who serve as officers ordirectors of publicly traded companies, […]
F&C launches climate change fund
Reuters- F&C Asset Management launched a climate change fund on Monday, the latest in a string of such funds aimed at cashing in on the growth of companies that cut greenhouse gas emissions. Rising emissions of carbon dioxide, produced by […]
Hedge funds to run board slate at Lancaster
Reuters- Hedge fund shareholders in Lancaster Colony Corp (LANC.O: Quote, Profile, Research) said on Monday they plan to run a slate of board candidates at the consumer products maker in the latest move in a increasingly acrimoniouscampaign, according to a […]
Hedge Funds are Software Companies
O’Reilly Radar- I recently began speculating on analogies and connections between Web 2.0 and financial markets, and that led to the development of our Money:Tech conference. Paul Kedrosky, the program chair, just turned up one more connection: As I’m working […]
SEC Charges Hedge Fund Manager over PIPEs
CFO.com- The Securities and Exchange Commission filed charges against hedge fund manager Robert A. Berlacher, Lancaster Investment Partners L.P. and eight related entities, alleging that Berlacher engaged in insider trading and an illegal trading scheme involving PIPEs  the acronym […]
Northern Rock shareholder Baillie Gifford loses £250m
Daily Telegraph- Edinburgh-based fund manager Baillie Gifford – the largest institutional shareholder in Northern Rock – is believed to have lost more than £250m as shares in the troubled bank have plunged. The fund management firm – which owns a […]
Goldman Ex-Partner, Hedge-Fund Chief Sender Fight Over Church
Bloomberg- Dennis Suskind, a former Goldman Sachs Group Inc. partner, plans to convert a church in Sag Harbor, New York, into a residence. Hedge-fund manager Adam Sender wants the 19th century landmark to show his art collection. The Sag Harbor […]
Swiss financiers seek to tempt hedge funds
SwissInfo- With only four out of around 9,500 hedge funds domiciled in the country, the moneymen fear a bonanza is slipping from their grasp. Surprisingly though, these specialists are pointing the finger at the tax and regulatory systems. Hedge funds […]