Category Archives: Syndicated

Hedge Fund Activism Creates New Wealth for Law Firms

For corporate lawyers of a certain age, it seems like the 1980s all over again. Proxy fights, once the exclusive domain of investors like Carl C. Icahn, are on the rise. The primary cause is easy to spot: “The resurgence […]

Hedge Funds Coming of Age Politically

Washington – Tudor Investment Corp. has become the first hedge fund to create a political-action committee, or PAC, in the latest sign of the industry’s coming of age here. The move comes as the rapidly expanding, lightly regulated sector faces […]

Zurich’s tax lure for hedge funds

Switzerland is mulling over plans for a special 10pc tax rate for hedge fund managers in a radical move to lure the booming industry away from London. Hans-Rudolf Merz, the finance minister, has held a series of meetings with leaders […]

Citigroup hedge fund chief resigns

New York – Citigroup Inc.’s hedge fund chief, Dean Barr, has resigned, less than a week after the largest U.S. bank agreed to buy Old Lane LP and install Vikram Pandit as chief of its alternativeinvestments unit. The resignation was […]

Canadians nix international hedge fund regulations

Ottawa – Canada doesn’t see the need for international hedge fund regulation, which German Chancellor Angela Merkel has pushed as president of the G-8. OAS_RICH(“Middle”); “We don’t share [Germany’s] enthusiasm. There’s less concern in North America than in some parts […]

Bond trading co MTS may give hedge funds access to trading

London – European bond-trading platform company MTS SpA will today discuss demands from hedge funds to be given direct access to its interdealer government-bond platforms for the first time, the Wall Street Journal reported. If MTS, which is majority-owned by […]

Hedge funds’ move into small caps raises concerns

New York – The push for “alpha,” or market-beating returns, is prompting hedge funds to dig deeper into smaller-capitalization stocks, raising concerns over “liquidity risk” in a potential market downturn. With fewer potential buyers, such stocks may become traps for […]

Hedge fund report draft to be ready for May G7

Washington – A report on hedge funds and risk control commissioned by the Group of Seven will be completed by year-end, but a preliminary version will be ready for G7 talks in May, the Italian central banker in charge of […]

Citi Snares Top Hedge Fund Manager

New York – Citigroup Inc. on Friday hired a new manager for its Citi Alternative Investments unit by buying the man’s hedge fund. New York-based Citigroup, the nation’s largest financial institution, said it has reached a definitive agreement to purchase […]

Managers Use Hedge Funds as Big I.R.A.s?

Many Americans squirrel away as much as they can into retirement investment accounts like 401(k)s and I.R.A.’s that allow them to compound their earnings tax free. The accounts also reduce what they owe when tax day rolls around. For the […]

Moody’s set to start debt ratings for hedge funds

London – Moody’s Investors Service Ltd said it has launched a method for rating hedge funds as the industry enters the new and ‘more mature’ phase of raising financing through public debt markets. Moody’s (nyse: MCO – news – people […]

Multistrategy hedge funds dazzle investors

April 16, 2007 DETROIT — Despite being associated with one of the largest hedge fund implosions in recent memory, the multistrategy hedge fund model continues to represent the gold standard for muchof the $1.2 trillion industry. OAS_RICH(“Middle”); <a href=”http://oas-central.realmedia.com/RealMedia/ads/click_lx.ads/www.investmentnews.com/article/70416003/15620892959/1120366084/Middle/crain/INO_COMMONWEALTH_LREC_ROS_0107/IN_transition.html/64313363623166313435633761366230?http://www.commonwealth.com/email_campaigns/ads/Commonwealth_trans_406.asp” target=”_blank”><img […]