Category Archives: Syndicated
Decillion to sell all assets, de-list from the JSE
(www.iafrica.com) Thursday, September 29, 2005 – Following the substantial restructuring of its business and the sale of some operations, listed niche financialservices group Decillion now plans to dispose of its remaining businesses and assets, distribute the proceeds to shareholders and de-list from […]
Judge hedge funds on risk-based returns
LONDON (Reuters) – Investors fret that hedge fund returns will again this year fall short of equity returns, but analysts say bare comparisons are inappropriate without taking relative risk into account. Hedge fund returns are usually more consistent and less […]
Hedge funds eye real estate to boost returns – Reuters
MONACO, Sept 28 (Reuters) – Hedge fund managers seeking to lift flagging returns took a look at real estate at an industry forum in Monaco, as the re-rating of property has pushed bricks and mortar into the top ranks of […]
Aberdeen Asset Management May Sell Hedge Funds, Gilbert Says – Bloomberg
Sept. 28 (Bloomberg) — Aberdeen Asset Management Plc is considering selling hedge funds after taking on more clients and doubling assets with the purchase of Deutsche Asset Management’s U.K. business, Chief Executive Officer Martin Gilbert said. The Scottish company would […]
HBOS’s Ferrans – hedge-fund borrowing could spark off next splits- Scotsman
(www.scotsman.com) – ONE of Britain’s leading fund managers has hit out at the potential borrowings “bubble” within the hedge-fund industry that could burst in an echo of the split-caps debacle. Douglas Ferrans, the Scots-born chief executive of HBOS’s fund management […]
Hedge-Fund Man at McDonald’s – Wall Street Journal
(www.wallstreetjournal.com) – In 1997, a brash, young hedge-fund manager envisioned McDonald’s Corp. selling off all its restaurants to give shareholders a huge value meal. Eight years later, Bill Ackman has amassed a super-size stake in the great American icon and […]
Morgan Strategist to Join Hedge Fund
New York Times – Morgan Stanley’ssenior investment strategist, Byron R. Wien, will leave the investment bank to join the hedge fund Pequot Capital as chief investment strategist, Pequot said yesterday. Mr. Wien, whose annual list of “10 surprises” – economic […]
Why Christopher Byron hates hedge funds
Corante – Christopher Byron of the New York Post must have spent the weekend sharpening his axe, since he came out Monday hacking away at the hedge fund industry. While we applaud Byron for his weekly exposes on criminal malfeasance […]
Trend set to thrive throughout 2006, bankers say
LONDON, England (Reuters) — The current boom in mergers and acquisitions is set to extend through 2006, fueled by low interest rates, cheap debt and cash-rich chief executives eager to expand after years of restructuring, senior bankers said on Monday. […]
See opportunity or be opportunistic?
– Economic Times [ WEDNESDAY, SEPTEMBER 28, 2005 01:36:19 AM] These days there are regular media reports on the viability of hedge funds to produce above marketreturns given recent lower returns. Investors in hedge funds no doubt are paying attention […]
Byron Wien Moves to Pequot Capital
( www.thestreet.com ) Pequot Capital Management, the hedge fund behemoth run by Art Samberg, hired Morgan Stanley senior investment strategist Byron Wien as chief investment strategist, effective Dec. 1. It’s the second time this year Samberg has tried to poach […]
Court rules in favour of Tele2 bid for Versatel
AMSTERDAM, Sept 27 (Reuters) – A Dutch court on Tuesday gave the go-ahead for a friendly 1.34 billion euro ($1.61 billion) takeover offer by Swedish telecoms firm Tele2 (TEL2b.ST: Quote, Profile, Research) of rival Versatel (VERS.AS: Quote, Profile, Research). The […]