Category Archives: Syndicated

Massey to Buy Back $500M of Common Shares

CHARLESTON, W.Va. — Massey Energy Co. on Tuesday announced a plan to buy back $500 million worth of its common shares and to conduct a capital restructuring program that will remove another 6.8 million shares from the company’s earnings calculations. […]

Hedge funds outraged at 50 stg FSA breakfast

(Reuters) – The trillion dollar hedge fund industry was aghast on Monday at having to fork out 50 pounds ($87.06) a head for a buffet breakfast briefing on how to do their job correctly withBritain’s Financial Services Authority. “It’s outrageous,” […]

Company says many Refco clients have stuck with firm – MarketWatch

(Bloomberg) — Man Group Plc, the world’s largest hedge fund company, gained $1 billion of net new investments in the first half and said fees linked to fund returns jumped. The company also raised 125 million pounds ($214 million) in […]

New service offers seal of approval for hedge funds – Reuters

(Reuters) – Hedge fund investors may find peace of mind in a new service that reviews how managers work and bestows a seal of approval that could prove popular at a time the $1 trillion industrycopes with a string of […]

Hedge funds a positive force in markets-Bernanke

(Reuters) – Federal Reserve Chairman nominee Ben Bernanke said on Tuesday that hedge funds were “a positive force” in the nation’s financial system but the U.S. central bank needed to monitor theiractivities. Responding to questions from Democratic Sen. Paul Sarbanes […]

Hedge funds stick with Sears chairman Lampert

Hedge-fund managers usually are among the most competitive players on Wall Street. But when it comes to Sears Holdings Corp., it is as if they are all on the same team. Some of the biggest stars in the hedge-fund and […]

Bankers, Hedge Fund Salespeople to Win Top Bonuses, Study Says

(Bloomberg) — Top derivatives marketers who sell to hedge funds and senior investment bankers that talk with clients about more than one product are in line for the best bonuses at investment banks in Europe, an annual survey found. Salespeople […]

Hedge Funds Pressure McDonald’s

CFO.com Magazine –  McDonald’s is the most recent target of outside investor attempts to shake up management. William Ackman, managing partner at Pershing Square Capital Management, has called for the fast-food giant to spin off 65 percent of its 8,000 […]

Greenlight Capital backs new reinsurance company

NEW YORK, Nov 15 (Reuters) – Investment manager Greenlight Capital has formed a new offshore reinsurance company to capitalize on growing demand for insurance products, company founder David Einhorn said at a conference on Tuesday. The formation of Greenlight Capital […]

Van Eyk give high fee fund of hedge funds the nod

Tuesday, 15 Nov 2005 11:16AM – van Eyk have released research which prescribes fund of hedge funds (FOHFs) as an attractive risk-return inclusion in portfolios, provided investors are willing to stomach high fees. van Eyk’s senior research analyst Dr Jerome […]

CONVERTIBLE CORNER: A New Game In Town For Hedge Funds

NEW YORK -(Dow Jones)- Call it strong-arming, opportunistic, or just plain old clever. Whatever the judgment, hedge funds are using claims that companies reneged on their commitments to bondholders as a new strategy to obtain returns at a time when […]

Hedge Funds, Explained

The Motley Fool  –  The popularity of hedge funds grew quickly in the ’90s, when their numbers more than doubled. While the word “hedge” might conjure up images of investors cautiously hedging their bets, hedge funds are often extra-risky, extra-volatile […]