Category Archives: Syndicated
Hedge Funds Will Never Outgrow This Hulking Beast: Chet Currier
Bloomberg – Quick now, which investment vehicle is growing fastest here in the mid-’00s? a) hedge funds; b) exchange-traded funds; c) mutual funds. Answer: c) mutual funds, hands down. And no, that’s not a trick question. While hedge funds and […]
Morningstar buying Ibbotson
Chicago Sun-Times – Uniting two Chicago-based brands familiar to different segments of the investment world, Morningstar said Monday it will buy Ibbotson Associates for $83 million in cash. Ibbotson sells advice on asset allocation mostly to institutions and financial advisers […]
Hedge fund challenges Royal Dutch Shell in court
Reuters – A British hedge fund is challenging in court the procedure chosen by oil giant Royal Dutch Shell (RDSa.L: Quote,Profile, Research) to acquire theremaining 1.5 percent of shares in its former Dutch parent as part of its unification. The […]
Hedge funds impose longer lock-ups for investors
Reuters.uk – Hedge fund investors are being asked to tie up their money for longer, sometimes up to five years, to match the longer duration of investments in areas such as private equity. Traditionally, hedge funds have handcuffed investors for […]
Judges Weigh Hedge Funds vs. the S.E.C
New York Times – A federal appeals court on Friday sharply questioned the Securities and Exchange Commission’s plan to tighten oversight of hedge funds. The outcome of the closely watched case will determine whether the agency will be able to […]
New kid in town: UK hedge fund roils HK market
The Children’s Investment Fund (TCI), the big British hedge fund with a reputation for shaking up management, is stirring Hong Kong’s stock market by taking hefty stakes in three of its propertyfirms. The innocuously-named fund claimed the scalps of the […]
Morriss builds billion-dollar venture firm
From their offices in Chesterfield, B. Douglas Morriss and his investment partners are building a private equity and venture capital firm that will soon be more than twice the size of what had been thought to be St. Louis’ largest. […]
Judge says no to proposed hedge-fund rule
The Securities and Exchange Commission’s plan to force hedge-fund advisers to register with the agency “doesn’t hold up,” a U.S. Appeals Court judge said Friday. Judge Harry Edwards, one of three judges hearing arguments in a lawsuit against the regulations […]
$5 Billion Hedge Fund Gets Clipped
The $5 billion hedge fund Millennium Partners, led by storied investor Israel A. Englander, reached a $180 million settlement today with New York Attorney General Eliot Spitzer and the Securities & Exchange Commission to settle charges of elaborate mutual fund […]
SEC hedge fund rule
WASHINGTON, Dec 9 (Reuters) – U.S. appeals court judges on Friday in open court questioned the legal basis of a new Securities and Exchange Commission rule that will force hedge fund advisers to register with the agency. Two judges of […]
Star hedge fund trader fights FSA inquiry
Star hedge fund trader Philippe Jabre is preparing to go on a leave of absence from GLG Partners in order to fight off a regulatory inquiry by the Financial Services Authority. For months Mr Jabre has been investigated by the […]
Hedge funds fuel M&A-CEO
WASHINGTON, Dec 8 (Reuters) – Hedge funds and private equity firms will play a key role in consolidating the airline industry, US Airways (LCC.N: Quote, Profile, Research) Chief Executive Doug Parker said on Thursday. US Airways is merging with America […]