Category Archives: Syndicated
Top regulator questions hedge fund activism
Reuters – Shareholder activism in how companies are run should be welcomed but hedge funds sometimes take it too far, a top regulator said on Wednesday. Michel Prada, a senior member of the International Organisation of Securities Commissions (IOSCO), told […]
Wanted: hedge fund seeks gumshoe
MSN Money – Wanted: private eye with licence to spy on US corporate leaders on behalf of activist hedge fund. The unusual job advert, which appeared on a popular New York website, is set to spoil the Christmas celebrations […]
Tower wins court approval to boost payments to hedge funds
MLive.com – A judge authorized Tower Automotive Inc. to increase the fees it has been paying to a group of hedge funds that recently offered to backstop a $250 million rights offering aimed atextricating the company from bankruptcy. Tower’s request […]
Gartmore’s Hambi removes dollar hedge
Reuters – Gartmore fund of funds manager Bambos Hambi told Reuters on Thursday he has removed a hedge against the dollar in some of his portfolios because he believes the greenback is unlikely toweaken significantly from here. Hambi, who runs […]
SocGen launches first Sharia-compliant hedge funds
Forbes – The London broking arm of Societe Generale has launched what it believes to be the first Sharia-compliant hedge funds after developing systems to replicate the effects of selling sharesshort without breaking Islamic law, the Financial Times reported. Three […]
Are Hedge Funds the World’s Financial Heroes?
New York Times – As Congress and the Securities and Exchange Commission consider tightening the reins on hedge funds, an article in the latest issue of Foreign Affairs is suggesting they should let them run free. While critics of these […]
Top regulator questions hedge fund activism
Reuters – Shareholder activism in how companies are run should be welcomed but hedge funds sometimes take it too far, a top regulator said on Wednesday. Michel Prada, a senior member of the International Organisation of Securities Commissions (IOSCO), told […]
Hedge funds ignite uranium price
Globe and Mail – The price of uranium surged to a record high this week, capping an extraordinary run for the radioactive metal, which has doubled in value over the past year on interest from hedgefunds, financial firms and speculative […]
Hedge fund has alternative plan for Delphi
Reuters -Highland Capital, a hedge fund that is the second-largest shareholder in Delphi Corp., plans to send a letter on Thursday to Delphi’s board outlining a $4.7 billion capitalization plan forthe company, the Wall Street Journal reported on its Web […]
Newcastle admit approach from US hedge fund
Independent – Newcastle yesterday confirmed they have received an approach regarding a possible takeover from the US hedge fund Polygon amid increasing speculation about a possible sale. The club issued a statement to the Stock Exchange confirming that St James’ […]
Bermuda makes it easier for funds to set up
Reuters – Bermuda, already a popular home for hedge funds because of generous tax breaks, enacted a new law designed to help the island become an even more popular investment center, an industryassociation said on Tuesday. Bermuda’s House of Assembly, […]
Hedge funds ignite uranium price
www.globeandmail.com —The price of uranium surged to a record high this week, capping an extraordinary run for the radioactive metal, which has doubled in value over the past year on interest from hedge funds, financial firms and speculative buyers. The […]