Business Week Online – To manage a global mutual fund with an opportunistic bent, it can’t hurt to have an international upbringing and experience at a hedge fund. That’s the case with Anne Gudefin, lead portfolio manager of the $8.3 […]

MSNBC – Hedge funds and other investors in North American distressed debt are hoping to benefit from a rise in corporate default rates but think the increase in 2007 will be more dramatic than in 2006, according to a new […]

Seattle Post Intelligencer – Two months ago, a little-known investor demanded that the company that publishes The Miami Herald and The Philadelphia Inquirer be put up for sale. Just 14 days later,after several other investors made the same demand, the […]

MSN Money – Last week’s turbulence in Japanese stocks — the Tokyo exchange closed briefly because of too many sell orders — reminds investors that hedging risk can providea better night’s sleep. Hedge funds, which are designed to produce investment […]

Pittsburgh Post Gazette – In the prime-brokerage business, being the prime choice of hedge funds is becoming more of a challenge. As hedge funds grow in size, complexity and clout, many investment managers are finding that a single prime broker […]

Safe Haven – Net foreign capital flows into the US slipped 1.4% to $89.1 bln billion in November from a revised $104.2 billion in October (initial was $106.8 bln). Although the $107 billioncomfortably exceeded the $64 billion record trade deficit […]

MSNBC – Oil prices zoomed to a four-and-a-half month high above $68 a barrel Friday, rallying on supply fears tied to Iran’s tense diplomatic standoff with the West over its nuclear ambitions. Labor unrest in oil-rich Nigeria and new threats […]

Reuters – UK-listed hedge fund manager RAB Capital (RAB.L: Quote, Profile, Research) posted a 50 percent gain inassets under management on Friday, estimated a 43 percent pretax profit rise for 2005 and said it was confident about prospects for this […]

KEYE Austin – (AP) The number of North American colleges with endowments topping $1 billion has jumped to 56, a new study says, with nine schools joining the elite club in what was an average year for university investments overall. […]

MSN MoneyCentral – One of Germany’s biggest “locusts” has praised the speed and efficiency with which the country is handling its economic problems. Bruno Scherrer, European head of Lone Star, the private equity group that has been the biggest buyer […]

Abu Dhabi-headquartered First Gulf Bank, which last week reported record net profits for 2005 of AED 1.06 billion, today launched its first open-ended, macro-strategy hedge fund – Al Saqer (TheFalcon) – to offer investors absolute return generation with low volatility […]

Reuters.uk – The Children’s Investment Fund (TCI), which helped wreck Deutsche Boerse’s plan to buy the London Stock Exchange, has taken top honours in the European hedge fund industry for the secondyear running. TCI won trade publication EuroHedge’s 2005 Fund […]