Category Archives: Syndicated
Hedge funds are getting their way
To hear Awadhesh Sinha tell it, Steven Madden Ltd. is a shareholder-friendly company. The shoe designer and maker has returned $21 million to investors so far in 2005 by doling out dividends and by repurchasing stock, more than double what […]
The Week Before New Year
With apologies to Clement Clarke Moore: ‘Twas the week before New Year, when the calendars turn, And investors were anxious about the returns they might earn In the 12 months ahead they were about to confront. They face strange dilemmas […]
Money, Mania, Memories of 2005
It’s a tough call separating the financial market highlights of 2005 from the lowlights. They often were one and the same. Where to start? Maybe Jim Cramer throwing a chair across the CNBC studio? The sound of millions of hands […]
How to Build Your Own Fund
It’s surprisingly easy to set up, you can keep costs down, and you won’t have to share the profits If P.T. Barnum were alive today he would be a hedge-fund manager. Who needs suckers to go to the circus when […]
Hedge fund urges Mellon to spin off key business
BOSTON, Dec 22 (Reuters) – Hedge fund Highfields Capital on Thursday pressured Mellon Financial Corp. (MEL.N: Quote, Profile, Research) to separate its two main businesses, arguing shareholders are losing money because the company tries to do too many things at […]
The Hedge Fund Report: Registration Battle Lines
Much has been written about hedge funds’ last-minute attempts to avoid registration with the Securities and Exchange Commission. One widely reported tactic has been to increase the length of time in which investors’ money is “locked” into a fund beyond […]
2 Texas hedge funds settle fraud case
WASHINGTON, Dec 22 (Reuters) – Two Texas hedge funds, their investment adviser and two executives agreed to pay a combined $37.7 million to settle charges of fraudulent market timing and late trading in mutual funds, federal and state regulators said […]
Living in a maze – the other side of hedge funds
AH, THE grand life of the hedge fund manager: the salaries in the tens, if not the hundreds, of millions of dollars; the mansions in Greenwich; and the ski houses in Aspen. But there is another other side of the […]
Ex-FBR Broker Barred From Securities Industry: Action Is Part of Wide
Washington Post – A former stock broker with Friedman, Billings, Ramsey Group Inc. was fined $125,000 and barred from the securities industry, the latest in a string of former FBR executives and clients entangled in a 2001 private stock placement […]
SEC charges hedge fund managers with fraud
U.S. financial regulators charged the founders of a $12.9 million (7.4 million pound) hedge fund with fraud on suspicions they stole roughly half of the money from roughly 80 investors to spend onthemselves. The U.S. Securities and Exchange Commission said […]
Hedge Highflier Clipped by SEC
A hedge fund whiz kid who bragged publicly that his fund’s sky-high returns let him fly around in private jets and buy a new Lamborghini was in fact running a classic Ponzi scheme, the Securities andExchange Commission charged yesterday. Regulators […]
Stellar hedge fund returns seen unlikely in 2006
Hedge fund returns next year could be up on 2005 as volatility picks up, but investors looking for stellar double-digit returns should steer clear of the industry, analysts said. However, for those aiming to diversify their portfolios to spread risks […]