Category Archives: Syndicated

Man Group assets rise to $67 billion

Reuters- Man Group, the world’s largest listed hedge fund firm, said on Thursday that its assets under management rose to $67 billion (33 billion pounds) at end-June, up from $61.7 billion atend-March, and that it was upbeat on prospects. The […]

Hedge funds get House warning

Baltimore Sun- Members of Congress had a message of caution yesterday for the booming, unregulated hedge fund industry: Proceed with care, because lawmakers are increasingly willing to clamp down toensure discipline in the marketplace. “I don’t think anybody can be […]

London seeks more alternative funds

MSN MoneyCentral- The London Stock Exchange is preparing to launch a regulation-light market for private equity, property and hedge funds as it battles NYSE Euronext for the lucrative business ofhosting listed alternative funds. The Specialist Fund Market, to be announced […]

Hedge Funds Shorting S&P 500 at `Crowded Levels´

Bloomberg- Hedge funds are short-selling Standard & Poor’s 500 Index futures by the most in three years, giving investors an opportunity to buy the securities before the funds have to settletheir debts, a Merrill Lynch & Co. analyst said. “Large […]

Jupiter CEO cautions on UK property

Reuters- Now is the wrong time to be looking at investing in UK commercial property, while returns from some hedge funds are set to disappoint, Jupiter Asset Management Chief Executive Edward BonhamCarter told Reuters. Speaking on Thursday on the sidelines […]

Global asset management M&A jumps

Reuters- Global asset management takeovers surged in the first half of 2007 and the trend is seen continuing due to buying by private equity firms and the hunt for international and hedge fundassets, according to a report issued on Monday. […]

Wuffli’s Exit Is Lesson for Banks, Hedge Funds

Bloomberg- There’s still some mystery about Peter Wuffli’s removal as chief executive officer of UBS AG. To listen to the company, there was some mild disagreement about how to rearrange the chairsin the boardroom. More plausibly, it was the $300 […]

New Financing Options For Hedge Funds

New York (HedgeCo.Net)- According to a recent study of financing options for hedge funds by Standard & Poor’s, the largest hedge-fund families manage $10 billion, $20 billion, and even $30 billion today, and at least 100 individual hedge funds have more […]

Ameritrade Refuses to Release Records

AP-  The squabble between TD Ameritrade Holding Corp. and two hedge funds continued Friday as the online brokerage refused the funds’ request to examine records related to any mergerdiscussions. Earlier this week, Ameritrade gave in to one demand from the […]

More U.S. hedge funds launch in first half of 2007

Reuters- More new U.S. hedge funds were launched during the first half of 2007 than during the same time a year ago, suggesting demand for these loosely regulated portfolios is high even as returnslook less robust. Data compiled by Absolute […]

EU to shield gas and electricity sector from buyouts

Guardian Unlimited- Private equity and hedge funds would be banned from taking over the gas and electricity networks of huge energy groups unless they met strict investment targets under crucialproposals for the entire EU to be adopted by MEPs later […]

Fugitive arrested in Austria

Centre Daily Times- Austrian authorities have arrested a man wanted by the FBI for failing to appear at his sentencing hearing in New York more than five years ago, police said Tuesday.   Michael Berger, a 35-year-old Austrian citizen who […]