Category Archives: Syndicated
Hedge Funds Cashing Out of Big Lots Shares After Price Doubles
Bloomberg- Big Lots Inc., the largest U.S. seller of overstocked and discontinued items, has an online Wild and Wacky Find museum where customers can submit items they stumble upon while shopping at the company’s stores. There’s Chick A Poo Organic […]
U.K. Hedge Fund Eyes U.S. Float
Street.Com- Political resistance and shakiness in the credit markets are not preventing hedge funds and private equity from sussing out ways to tap the U.S. public equitymarket. U.K.-based hedge fund GLG Partners is selling 28% of itself in a reverse […]
Larger hedge fund managers seek independence from prime brokers
Financial News Online US-The hedge fund business is becoming more institutionalised by the day. As assets increase, some funds are looking to cut their financing ties with prime brokers by raising their own permanent capital, building in-house reporting and administration […]
Ashurst in bid for hedge funds
The Lawyer- Ashurst is set to target activist hedge funds in a move it hopes will give it first-mover advantage in the evolving M&A landscape. Ashurst’s new strategy sets it apart from other City firms, which have been wary of […]
Hedge Fund Sells For $3.4 Billion
Hartford Courant- GLG Partners LP, one of Europe’s largest hedge funds, said Monday it is selling itself in a $3.4 billion reverse takeover that will give it access to the U.S. stock market. Under the terms of the deal with […]
Rein in hedge funds
New York Daily News – The news last week about Bear Stearns’ struggles to save two of its hedge funds from collapse should serve as a reminder of the hedge fund meltdown that made headlines almostnine years ago – and […]
The Case For Hedge Funds
Savannah Morning News- “Ever wonder why fund managers can’t beat the S&P 500?” Michael Douglas asked in the 1987 movie “Wall Street.” If you have your money in a mutual fund administered by an investment manager, chances are you have […]
US Two-Year Notes Gain First Time Since April on Hedge Funds
Bloomberg- Treasury two-year notes rose for the first time since April as investors sought refuge from possible hedge fund losses. Two-year yields fell more than 10-year yields this week, increasing the yield premium of the longer-term debt to the most […]
Deutsche Bank, Hedge Funds Fined E6.25m ($8.3 million)
Financial Times- France’s financial watchdog has fined Deutsche Bank and four hedge funds a total of €6.25m after an insider trading probe in relation to a bond issue by Vivendi, the French media andtelecoms group. The Autorité des Marchés Financiers […]
For Schumer, the Double-Edged Sword of Cozying Up to Hedge Funds
New York Times- They are not normally a shy group, the hedge fund managers, private equity titans and Wall Street executives whose net worth has suddenly become a national issue. But last spring, when a group of them gathered at […]
World Trade Union Leaders Warn Pension Investors Off Hedge Funds
International Herald Tribune- International trade union leaders on Thursday warned pension funds not to invest in private equity and hedge funds, saying they frequently hurt workers and avoid tax. The International Trade Union Confederation  the world’s largest union group […]
Unions Say No to Hedge Funds
Forbes- International trade union leaders on Thursday warned pension funds not to invest in private equity and hedge funds, saying they frequently hurt workers and avoid tax. The International Trade Union Confederation – the world’s largest union group representing 168 […]