Category Archives: Syndicated
Latest: Morgan Stanley top hedge fund prime broker
Business-times—Malaysia – New York, Fri: Morgan Stanley and Credit Suisse First Boston (CSFB) were ranked No 1 and No 2, respectively, in providing quality prime brokerage services to hedge funds, a survey showed. The survey, conducted by Alpha magazine, a hedge […]
Barclays nabs PSolves Orpin for UK pensions
IPE.com 30/Sep/05: UK – Barclays Capital says it has hired Gavin Orpin from PSolveAsset Solutions for its UK Pensions Solutions team. Orpin was one of nine principals at PSolve, the investment consultancy owned by South Africa’s SanLam Financial Services which […]
Do-it-yourself hedge funds
ANNANDALE, Va. (MarketWatch) — It’s time to demystify hedge funds. For too long, individual investors haven’t only regarded hedge funds to have almost magical powers to make money; they’re also usually considered out of reach to all but the super-rich. […]
Majesco Gets Hostile Hedge Fund Offer
( www.gamasutra.com ) – Struggling publisher Majesco, which mostrecently announced a calamitous third quarter loss of $38.6 million, as an aggressive expansion into higher budget full-price games backfired, is now under attack from hedge fund and previousinvestor Trinad Capital Master […]
SEC charges hedge fund manager with insider trading
BOSTON, Sept 29 (Reuters) – U.S. financial regulators on Thursday charged a Massachusetts hedge fund manager illegally earned $750,000 by trading on information that a local bank planned to acquire a competitor last year. The U.S. Securities and Exchange Commission […]
Firm to keep going after Bayou blowup
BOSTON (Reuters) – A prominent consulting firm that sent clients into the collapsed Bayou hedge fund said it was blinded by the managers’ bold lies, but pledged to stay in business after reviewing how it evaluates funds for clients. “We […]
European schemes shun hedge funds – Greenwich
IPE.com 29/Sep/05: EUROPE – European pension funds have not followed through onexpectations that they would increase their use of hedge funds and private equity, according to new research from Greenwich Associates. “Many institutions have been talking quite forcefully about venturing […]
2 hedge fund execs plead guilty to charges
( www.businessweek.com ) – WHITE PLAINS, N.Y. Sep 29, 2005  The founder and the chief financial officer of a beleaguered hedge fund each pleaded guilty to conspiracy and fraud charges Thursday for their roles in a scandal that allegedly cost investors […]
Hedge fund puts pressure on A. Schulman to sell
BOSTON, Sept 28 (Reuters) – A group of hedge funds headed by Barington Capital Group wants plastics company A. Schulman Inc.(SHLM.O: Quote, Profile, Research), whose shares have lagged the broader market for years, to sell itself to boost its stock […]
New Robertson-backed fund tests liquidity theory
NEW YORK (Reuters) – Liquidity theory, which presupposes that markets gain or lose on changes to the sum of outstanding shares, is getting a live market test through a new hedge fund set up by its promoter, Charles Biderman. The […]
Getting used to hedge funds
As more SA pension funds are considering whether to include hedge funds in their investments, it is useful to see the attitudes of their international counterparts in the recent KPMG report, “Hedge funds: a catalyst reshaping global investments”. In many […]
Copper peak? due to hedge funds?
(Financial Times) Copper prices reached a fresh nominal high yesterday, on the day that Kazakhmys, a Kazakh copper miner, announced plans to list on the London Stock Exchange. Analysts said the rise was driven by hedge fund buying prior to […]