Category Archives: Syndicated
Hedge fund borrowing may take toll
Contra Costa Times – Hedge funds’ involvement in the bankruptcy process may depress the post-Chapter 11 values of companies that seek court protection. Until now, companies seeking bankruptcy protection that have more bank loans relative to other types of debt […]
Funds: Fund sizes up stocks for better and worse
International Herald Tribune – Vivienne Hsu of the Schwab Hedged Equity Fund bets on, and against, stocks according to ratings that her firm assigns. Otherwise, she might not own Payless ShoeSource,the fund’s second-largest holding. “The last two pairs of […]
Commodities the new hedge funds – Credit Suisse –
IPE.com – Commodities could become more popular than hedge funds among institutional investors, according to Credit Suisse. According to a spokesperson, pension funds find commodities quite “compellingâ€Â, especially because they are less expensive than hedge funds. Most schemes are allocating […]
Absolute Alpha launch hedge fund to fund
The Financial Standard – Absolute Alpha, backed by Astarra Capital Limited, was launched as a hedge fund of funds last night in a bid to offer equity-style returns but with less market volatility. Absolute Alpha’s CEO, Shawn Richard, former director and owner […]
Attack of the Hungry Hedge Funds
BusinessWeek – Activist hedge funds had a banner day on Feb. 7. Before the stock market opened, General Motors Corp. (GM ) finally succumbed to months of pressure from billionaire Kirk Kerkorian and his Tracinda Corp. investment fund by slashing […]
More funds curb inflows to shield performance
Reuters Italia – An increasing number of traditional fund managers are capping portfolios to avoid diluting performance with inflows, taking a cue from fast-growing hedge funds, F&C AssetManagement said on Wednesday. A number of funds such as Framlington Equity Income […]
Hedge funds take global stage
Globe and Mail – On March 1, about 75 European pension plan chiefs, private bankers and other institutional investors will gather in the Park Hyatt hotel in Zurich, Switzerland, to hear about a new investing opportunity: Canadian hedge funds. In […]
Hedge fund money on late P&O bid
The Daily Telegraph – The three hedge funds that have been the most active buyers of P&O shares in recent weeks are continuing to bet the Port of Singapore Authority may trump DP World’s 520p-a-share bid. Eton Park Capital Management, […]
A hedge fund’s ups and downs
Akron Beacon Journal – One partner is a former star college tennis player who managed money for an investment bank. The other, the son of a well-known banker, has an MBA and worked on Wall Street. Over the past decade, […]
Demand for MBAs up
USA Today – Former JPMorgan Chase private banker Adam Bernstein dropped out of Wall Street two years ago to pursue an MBA degree at Dartmouth College’s Tuck School of Business. Today, four months before the class of 2006’s cap-and-gown ceremony, […]
Speculation Takes an Unwelcome Holiday
Street.Com – One predictable mechanism has been framing the boundaries of the speculative game in global markets in recent years: the yen carry trade. This involves investorsborrowing cheap yen to invest in higher-yielding currencies and assets. Carry-traders have been known […]
Barton Biggs Talks Hedge Fund Mythology
After 30 years establishing himself as one of the best investment strategists in the world at Morgan Stanley (MS:NYSE – commentary – research – Cramer’s Take), Barton Biggs left Wall Street to start his own hedge fund, Traxis Partners. Created […]