Category Archives: Syndicated
LSE profit lifted by electronic trading boom, IPOs
Reuters – London Stock Exchange Group Plc, which has rebuffed a series of takeover offers, posted a sharp rise in first-half operating profit, lifted by new listings and growth in electronic trading. Europe’s largest share market by equity turnover said […]
Briefing: Hong Kong won’t ease hedge fund rule
International Herald Tribune – Hong Kong won’t ease hedge fund rule The Hong Kong securities regulator said Tuesday that it had ruled out relaxing restrictions on licensing hedge fund managers, declining to follow Singapore’s lead even as competition to attract […]
Brencourt hedge fund sues Interstate Bakeries
Reuters – Brencourt Advisors LLC on Tuesday said it sued bankrupt Twinkies maker Interstate Bakeries in Delaware, seeking to force the company to hold an annual shareholders meeting, according to aregulatory filing. Brencourt, a $1.8 billion hedge fund holding some […]
Hedge funds build long and short stakes in Dow Jones
MarketWatch – Hedge funds have mostly stayed away from family-controlled, publicly traded newspaper companies such as Dow Jones & Co. (DJ), but now several such funds have been building stakes in the New York publisher at the same time that […]
The case builds against hedge fund activism
Hedge funds increasingly are pressuring executives to either shape things up or ship out, but a new study suggests their demands aren’t doing much to improve the financial health of the companies they target. Researchers at New York University concluded […]
Insight’s Armstrong sees upside in India
LONDON (Reuters) – Indian stocks look expensive relative to stocks in developed markets but still offer further upside, Patrick Armstrong, a fund manager at Insight Investment (HBOS.L: Quote, Profile, Research) who has recently increased his exposure there, told Reuters. India’s […]
Investors see value in South East Asian stocks
SINGAPORE (Reuters) – Southeast Asian stock markets have surged to record or multi-year highs in recent days, but investors and strategists expect further gains thanks to lower oil prices, strong regional economies, and healthy cash flows. Rallies in Singapore, Indonesia, […]
‘Global nuclear revival’ sends hedge funds piling into hot uranium
WELLINGTON, N.Z., VANCOUVER — Uranium is the energy investment of choice for a growing number of hedge funds, which say a sixfold gain since 2001 is just the beginning of a rally that will lastyears. “We’re in an historic uranium […]
Morgan Stanley: A Big Bet on Hedge Funds
Business Week – Buying FrontPoint is just one step in a push to modernize its entire business, says the company’s head of alternative investments. Amid the rapid growth of hedge fundsâ€â€assets under management have increased 21% this year, to $1.3 […]
Investing: Hedge fund managers start to feel some heat
LONDON: You promised investors 15 percent, 20 percent, 25 percent returns. You took their money, subtracted your 2 percent fee, cranked up the spreadsheet and took your chances on the global roulette wheels. And now, Mr. or Ms. Hedge Fund […]
Hedge funds without inflated costs ? and egos
Imagine hedge funds without brainy managers maneuvering artfully through short-lived market opportunities day in and day out. You might think the flashy hedge-fund arena could never evolve into this. But with about $1.2 trillion in assets, the industry is maturing. […]
Hedge Funds Lose $500 Million Asia & Paper Pulp Case
Nov. 6 (Bloomberg) — Indonesia’s Supreme Court has upheld a lower court’s decision to invalidate $500 million of bonds sold by a unit of Asia Pulp & Paper, Southeast Asia’s biggest defaulter, in a potential setback to sellers of corporate […]