Category Archives: Syndicated

European Fund Management Lobby Urges Simpler Hedge Fund Laws

BRUSSELS -(Dow Jones)- The European Fund and Asset Management Association Monday called for harmonization of rules governing European Union hedge funds and funds of hedge funds, warning that failure to regulate the market is stifling Europe’s economic growth. In a […]

SEC Investigates Bankruptcy Committees in the U.S. Over Hedge-Fund Fraud

(Bloomberg) — The U.S. Securities and Exchange Commission is investigating the growing role of hedge funds in bankruptcy proceedings on concern money managers are overstating their bond holdings to get access to inside information. SEC officials are trying to determine […]

Pension Officers Putting Billions Into Hedge Funds

(New York Times) Faced with growing numbers of retirees, pension plans are pouring billions into hedge funds, the secretive and lightly regulated investment partnerships that once managed money only for wealthy investors. The plans and other large institutions are expected […]

Hedge Funds Work for Yale, but Will They Work for You?

(New York Times) DEEP-POCKETED investors have done famously well by depositing some of their surplus millions in hedge funds. The Yale University endowment, for example, has relied heavily on hedgefunds over the last two decades to earn annual returns of […]

Commodity Futures Interest Rising In Australia

SYDNEY (Dow Jones)–Slow on the uptake, Australian investors are starting to warm to commodities in a sign the likes of metals, crops and energy are becoming a mainstream asset class. Fund managers in the country report an uptick in interest […]

Rogue investors on Big Mac attack

(Toronto Star) McDonald’s Corp., world’s largest fast-food chain, has been turning cartwheels to please investors. But to little avail. It’s one of many blue-chip firms in the United States and Canada coping with a speculative assault that in some ways […]

Hedge fund activist turns up heat

(Chicago Tribune) – NEW YORK — There is little doubt that the increasingly opulent hedge fund community–if there is one–is proud of William Ackman’s charge on McDonald’s Corp. That an aggressive hedge fund manager like Ackman, general partner of New […]

ECB says hedge funds may pose some risks to EU banks

FRANKFURT (AFX) – The expansion of the hedge fund industry may pose some risks to EU banks, even if their direct exposure to hedge funds is fairly limited, the European Central Bank said in a report. EU banks’ direct exposure […]

Banks’ revenues from hedge funds to slip-research

LONDON, Nov 28 (Reuters) – Investment bank revenues from servicing hedge funds are expected to slip after strong growth this year partly because of greater competition, Morgan Stanley said in aresearch note. Morgan Stanley estimates prime brokerage divisions of investment […]

Hedge funds demand Versatel board changes

LONDON, Nov 28 (Reuters) – Hedge funds representing 15.5 percent of shares in Dutch telecoms firm Versatel demanded changes to its supervisory board on Monday, continuing their resistance to a takeover by Sweden’s Tele2 AB (TEL2b.ST: Quote, Profile, Research). Tele2 […]

Basel bank chief urges more hedge fund transparency

(Reuters) – The world’s leading banking regulator called for more transparency in hedge funds, saying banks needed to control just how much potential risk they faced when dealing with thecontroversial industry. Jaime Caruana, Chairman of the Basel Committee on Banking […]

Shareholders take on role of activists

Major shareholders are increasingly turning into activists, putting pressure on executives in almost every industry to step up their performance at the risk of losing their jobs — or theircompanies. Some of the activism, often by hedge funds, is pushing […]