Category Archives: Syndicated
Regulators concerned over hedge funds
NorthJersey.com – U.S. and U.K. regulators will meet with Wall Street securities firms to discuss whether too many loans to hedge funds leaves them overexposed to potential meltdowns. The Securities and Exchange Commission, the Federal Reserve and the U.K.’s Financial […]
Some Hedge Funds Decide That Relying on Banks Is Just Too Risky
New York Times – THIS week, a big hedge fund announced a big bond offering, which might sound like a big snooze. Considering the origins of most of Wall Street’s biggest blow-ups  liquidity crises  it shouldn’t be. Kenneth […]
Hedge funds seek support to boost Ahold value
Reuters – Hedge funds Paulson & Co. Inc. and Centaurus Capital said on Thursday they were seeking support from other Ahold shareholders in a bid to increase the Dutch retailer’s value as itrestructures it business. “We are also therefore talking […]
FSA urges more price transparency on hedge funds
Reuters – The Financial Services Authority (FSA) has recommended measures to make the hedge fund industry more open and transparent at a time when regulators have been stepping up scrutiny of thesector. The watchdog is urging fund managers to spell […]
New hedge fund venture lands in Oz
A joint venture between UK-based financial services group Dawnay, Day and local investment managers Les Walden and Jonathan Ramsay aims to bridge the gap between institutional investment requirementsand existing hedge fund products. Setting up operations in Australia and New Zealand, […]
Hedging on Hedge Funds
New York Times – In October, a month after the Amaranth hedge fund lost $6.6 billion  the most ever by a hedge fund  Henry Paulson Jr., the Treasury secretary, spoke with Bloomberg News about the importance of “transparency†[…]
Harrah’s eyed for merger
Biloxi Sun Herald – CNBC reported on Tuesday that Penn National Gaming and the D.E. Shaw hedge fund may make a play for Harrah’s Entertainment, the world’s largest casino operator. The television network, citing unnamed sources, said the hedge fund […]
Citadel Says Its Hedge-Fund Earnings Increased Fivefold in 2006
Bloomberg – Citadel Investment Group LLC, the hedge-fund manager founded by Kenneth Griffin, said earnings by its two largest funds increased more than fivefold on gains from debt and energyinvestments. Net income at Citadel Kensington Global Strategies Fund Ltd. rose […]
Commentary: You can’t judge a hedge-fund index by its coverage
MarketWatch – More hedge-fund indexes are on the drawing board, and they’re fundamentally different from those already in the market. Existing indexes measure the returns of hedge fund managers, sorted by the various types of strategies they pursue (equity long/short […]
Buba says hedge fund industry a source of risks to German Financial Sector
AFX News Limited – Germany’s Bundesbank said unfavourable trends in the hedge fund industry, as well as the sector’s influence on market dynamics and liquidity could become asource of risks to the German financial sector. In its Financial Stability Review […]
Judge orders the arrest of hedge fund manager
Sun-Sentinel.com – A federal judge on Monday ordered the arrest of John Kim, head portfolio manager of collapsed West Palm Beach hedge fund firm KL Group, which is accused of defrauding investors ofmore than $200 million. U.S. District Judge Kenneth […]
Amaranth to sell Cinram stake
Globe and Mail – One of the more acrimonious relationships in Canadian business is on the verge of ending, as hedge fund Amaranth Advisors LLC files the paperwork needed to sell its 15-per-cent stake in DVD maker Cinram International Income […]