Category Archives: Syndicated

Hedge funds hit after returns go below 7pc

Telegraph.co.uk – The glamour and allure of hedge funds has faded, according to figures, which show the amount of money invested in them halved over the past year as returns fell below 7pc. Oliver Schupp, the head of investment bank […]

Hedge Fund Feasts on Famine

David and Eugene Grin built a major business for themselves selling last-ditch loans to troubled companies. But with returns slipping, some wonder if their Laurus Family of Funds can continue fattening itself at the bottom of Wall Street’s food chain. […]

Hedge Funds Get Clipped Slim gains and scandals turn off investors

Think hedge funds mint money? Consider this: The Standard & Poor’s hedge fund index posted gains of just over 2.4 percent in 2005–after meager gains of 3.6 percent in 2004–or about half the performance of the S&P 500. That track […]

A Fund for All Seasons

AIM Global Equity Fund’s Derek Izuel searches the world for stocks that “outperform in all kinds of markets” Derek Izuel, portfolio manager of the $409 million AIM Global Equity Fund/A (GTNDX ), says he is always looking for ways to […]

People to watch in 2006

William Fatt, 54, is worth watching to see if the hotelier can placate a U.S. corporate raider intent on flipping his company, Fairmont Hotels & Resorts Inc., at a time when raiders and hedge funds have an unprecedented number of […]

Winds of change for your portfolio

National Post – If you take the first five years of the new millennium and project them into the future, it’s not hard to figure out what a typical investment portfolio will consist of at the end of the decade: […]

Telos Promises Probe of Hedge Funds Claims

Washington Post – The chess match between Ashburn defense technology company Telos Corp. and a New York hedge fund didn’t take a break for the holidays — to the extent that Telos is now in the position of investigating itself. […]

Suit Tests SEC Rule on Hedge Funds

NEW YORK — Phillip Goldstein is an unlikely torchbearer for the swashbuckling hedge-fund industry. He was a New York civil engineer for 25 years before launching his fund from his basement in Brooklyn, and he drives a Toyota Camry. “Before […]

Now there’s hedge fund-type trading for the rest of us

Most people view hedge funds as risky investment vehicles. Richard A. Schilffarth sees them as the best way to drive performance for the next several years. Not just for the rich and famous anymore, hedged portfolios are now available to […]

Hedge-fund manager charged with insider trading

BOSTON –An attorney for a hedge-fund manager said Thursday his client plans to plead guilty in an agreement with prosecutors who charged him with insider trading in connection with an alleged tip about a bank acquisition. The attorney, Mark Pearlstein, […]

Wichitan charged with 35 counts of securities fraud

Wichita Eagle – A 41-year-old Wichita man faces securities fraud charges over investments in a fund worth $1.9 million. Scott B. Kaye was arrested Tuesday in North Newton and charged Wednesday in Sedgwick County District Court with 35 criminal counts. […]

Hedge Funds Are the New Mutual Fund

Slate – This was the year of hedge funds. The largely unregulated pools of private capital—generally available only to institutions and the rich—have proliferated nearly as fast as adulatory articlesabout them. Hedge-fund managers have historically been the Garbos of the […]