SINGAPORE: Buyout firms in Asia say they are facing increased competition from hedge funds seeking to boost returns to attract investors. Assets in Asia managed by hedge funds grew 38 per cent to US$101 billion (US$1 = RM3.67) last year, […]

The New York-based hedge fund that pushed Algoma Steel Inc. (TSX: AGA) to make a large cash payment toits shareholders has decreased its holdings in the company from about 19 per cent to five per cent.   Paulson & Co. […]

New York – Get your hankies ready: Hedge funds feel they’re the newest victims. A long-simmering issue may soon come to a boil, potentially putting Wall Street’s largest firms on the hook for billions more in liabilities years after the […]

MarketWatch – Hedge funds had their best quarter in two and a half years during the first three months of 2006, as emerging-market and technology strategies gained more than 10%, Hedge Fund Researchsaid Monday. The HFR Fund Weighted Composite Index […]

Street.Com – Private equity firms continue to stage landings on the hedge fund beachhead. Following the lead of Texas Pacific and more recently Kohlberg Kravis Roberts, theBlackstone Group announced the creation of a new hedge fund that will focus on […]

National Post – The two men behind the Portus group of funds were advised in early 2004 to stop accepting money from investors, long before the money manager’s collapse left 26,000 investors fearingthat $800-million of their funds might be gone. […]

Reuters Italia – Platinum Capital Management has launched a hedge fund to focus on European, mainly French, stocks which could benefit from takeover and demerger activity, its managing director saidon Tuesday. The launch comes at a time when corporate activity […]

Reuters.uk – Investors are raising their exposure to global macro hedge funds because of their potential to make money in volatile markets, but a dearth of talent in the sector means that returnscould disappoint. Global macro hedge funds take directional […]

Black Enterprise – EXPERTS are predicting that an unprecedented commodity price boom that has seen metal, energy and some agricultural prices – including orange juice and refined sugar – hit recordhighs, is set to continue. Copper yesterday rose to a […]

Like many once-abstract concepts rapidly becoming reality, “globalism” may move too fast for most people to get a good grasp of how it’s progressing and why. But the folks at the McKinsey Quarterly have done a good job of lending […]

Since big mutual fund firms like Fidelity and Vanguard own pretty much everything, it’s not surprising that they’re major investors in the notoriously unrewarding airline industry. However, there are also a few less likely names on the lists of the […]

Around 30 per cent of Arcelor, the Luxembourg-based steel company defending itself against a hostile $24.4bn (£14bn) cash and shares bid from Mittal Steel, is now owned by hedge funds, it emerged last week. The revelation means that hedge funds, […]