Tag Archives: investment-management
Silk Invest/Danfonds Team to Launch 2 new Hedge Funds
West Palm Beach (HedgeCo.net) – Specialist asset management firm, Silk Invest Ltd, has acquired Danfonds Frontier Fund SPC., a Cayman based hedge fund, in an all equity deal, Silk Invest also bought majority share in Danfonds Frontier Fund SPC, which will […]
Westpac freeze on $1.2b held in US hedge fund
Sydney Morning Herald – The Westpac-controlled BT Investment Management delivered grim season’s greetings to retail investors when it froze withdrawals from a $1.2 billion fund days before Christmas. The funds manager suspended all redemptions from its Global Return Fund, which has […]
Hedge fund Harbinger Raises Stake in Midwest
West Palm Beach (HedgeCo.net)- US hedge fund Harbinger has increased its stake in Australian iron ore miner Midwest Corp. Ltd. to 12.53%, an effort to block Chinese iron ore trader Sinosteel Corporation’s takeover of the latter. Harbinger, a major shareholder […]