Category Archives: Syndicated
Unfashionable global macro funds making a comeback
Reuters – After years of being shunned, hedge funds which make bets on market trend using economic analysis are becoming more popular with investors and are likely to dominate the industry withinthree years, hedge fund sources say. Investors are looking […]
Gold hits 24-yr peak as funds buy, but vulnerable
Reuters – Gold prices closed at their highest in more than 24 years on Tuesday in a rally driven by inflation worries and by funds diversifying into commodities for bigger returns, dealers said. The market recovered from a wave of […]
Hedge funds snap back
CNN Money – Hedge funds bounced back last month after a rough October, posting stronger returns thanks to the stock market rally and other factors. While major hedge fund indexes are still calculating final performance numbers for the month, investors […]
Icahn finds his hedge fund is ideal vehicle for activism
Carl Icahn, swashbuckling raider turned trendy hedge fund activist, is driven by the game as well as the cash. Best known for his aggressive takeovers of troubled companies such as Texaco and USX in the heady junk-bond era and using […]
Prosperity offering limits investors to US$15m
CHINAdaily – Hong Kong tycoon Li Ka-shing’s Prosperity real estate investment trust (REIT) will limit institutional investors to individual stakes of US$15 million because of strong demand, a marketsource said yesterday, ahead of an initial public offering (IPO) that aims […]
Amber Capital Signs Gravitas Technology
Business Wire — Gravitas Technology, Inc., a leading IT services firm specializing in the alternative investment community (hedge funds & private equity funds), today announced the signing of IT services for Amber Capital, the investment advisory company responsible for managing […]
US parent bids for Sears Canada
Sears Holdings Corp. has bid $834.5-million to take Sears Canada Inc. private, a move some analysts say positions it to eventually scoop up rival Hudson’s Bay Co. and merge the two department store companies. Sears Holdings, controlled by U.S. hedge […]
Use of hedge funds by wealthy is seen growing
Hedge funds and other alternative investments are an important tool for wealthy investors provided there is sufficient due diligence over the money managers, chief investment officer Leo Grohowski ofUnited States Trust Corp. said on Monday. Some of the biggest U.S. […]
Choice focuses on hedge funds
Rocky Mountain News – Denver money manager Patrick Adams is bailing from the mutual fund business, concentrating on the fast-growing hedge fund sector. Adams, who started Choice Investment Management in 1999, said he shuttered his Choice Focus fund and is […]
InteDelta launches Risk Health Check for Hedge Funds
InteDelta, the risk management and financial consultancy, has launched “Risk Health Check for Hedge Funds”. Michael Bryant, Managing Director of InteDelta, said “Risk controls within hedge funds are coming under the increased scrutiny of both investors and regulators. Yet many […]
Bonuses Top $10 Million This Year as Hedge Funds Bid for Energy Traders
Bloomberg – Glencore International AG, one of the world’s biggest traders of oil, coal and metals such as zinc, had a special musical guest for its last Christmas party: Sting. Employees of the Baar, Switzerland-based company are expecting another headliner […]
Hedge fund worry grows
Houston Chronicle – High-flying investors are pouring tens of billions of dollars into hedge funds in the expectation of large returns, but financial experts worry that, in the event of a market-rattling surprise, these funds could spread havoc through financial […]