St. Louis Business Journal – Pirate Capital is making waves at CKE Restaurants Inc., parent company of St. Louis-based Hardee’s. The Norwalk, Conn.-based hedge fund spent about $58.7 million since early December acquiring a 7 percent stake in CKE, making […]

HEDGE fund trading is playing havoc with base metal prices, making it difficult to calculate true values and making prices more susceptible to quick pull-backs. Prices for many base metals are at, or near, record levels after spectacular rises this […]

BOSTON, Feb 9 (Reuters) – One thing is for sure: investors’ taste for hedge funds soured some late last year. But determining just how much money they pulled out is far from easy, especially considering that two of the $1.1 […]

January was a very good month for hedge funds. Lifted by a strong stock market, hedge fund performance was up 3.65% for the month, according to Hedge Fund Research. That beat the 2.55% returned by the S&P 500 over the […]

  Cape Town – 10 February 2006. Six of South Africa’s top performing hedge funds were recognised for their achievements at the second annual Old Mutual Symmetry Hedge Fund Awards in Cape Townlast night. The winners were picked from 21 […]

MILAN (AFX) – Banca Popolare Italiana has reduced its exposure to hedge funds and derivatives, investments that last year caused concern about the groups financial solidity, the daily Il Sole 24 Ore said without giving a source. Under the management […]

Boston Globe – People are finally done throwing money at former Harvard Management chief Jack Meyer and his investment team. Well, nearly done. Meyer, who became famous in the investment world for stellar results managing Harvard University’s $25.9 billion endowment […]

American Reporter – Being a natural worry wart I clucked my tongue repeatedly when both the self-sanctified New York Times, and tv stock broadcasts alerted investors and general consumers to the coming hedge fund train wreck. As with many of […]

Reuters – Hedge funds which trade stocks and those that bet on financial market trends started the year with strong returns of nearly 4 percent, above the gains seen on equity markets, Frenchbusiness school Edhec said on Wednesday. Long/short equity […]

Investor’s Business Daily – Mutual fund investors don’t seem to have much faith in the U.S. stock market these days. Despite a smart rally — the S&P 500 is up 7.3% since its Oct. 13 low — money has been […]

Harvard Crimson – Yale Chief Investment Officer David Swensen, whose fund has outperformed Harvard’s over the past two decades, said in a speech last month that Harvard overpays its endowment managers—providing ammunition for alumni who have assailed the University’s salary structure. […]

TOKYO (AP) – The dollar was almost flat against the yen Wednesday in Asia as traders adjusted their positions amid mixed sentiment over the Japanese central bank’s monetary policy. The dollar was trading at 118.02 yen by mid-afternoon in Tokyo, […]