Tag Archives: percent-stake
Behind Trojan walls
Investors Chronicle- In Homer’s Iliad, Troy was razed to the ground by Greek warriors, but Troy Asset Management aims to put up a much better defence for its investors. The boutique fund manager takes its name not from the ancient […]
Tate & Lyle boss calls for hedge fund curbs
Daily Telegraph- The chief executive of the sugar refining group Tate & Lyle has hit out at hedge funds and other commodity speculators, calling for them to face greater regulation in a bid to hold back soaring food prices. Hedge […]
Egypt’s Naeem Said to Start $19 Million Pre-IPO Fund
Black Enterprise- Naeem Holding, Egypt’s second-largest investment bank by market value, will start a 100 million Egyptian pound ($19 million) fund to buy stakes in firms planning public listings, its chief executive said on Wednesday [June 18]. The fund would […]
Hedge-fund scammer a suicide? Victims doubt it
Philadelphia Daily News- A hedge-fund swindler who was supposed to be driving himself to prison abandoned his car on a bridge with the phrase "Suicide is Painless" scrawled on its hood, but no body has been found in the river […]
Activist hedge funds win first victory in France
Reuters- Activist hedge funds have struck their first victory in France, building on successes in Britain and the Netherlands, where their aggressive tactics have forced several companies to bend to their will. Centaurus Capital and Pardus Capital Management got their […]
Man Group year profit surges 60%
Reuters- Man Group, the world’s biggest listed hedge fund company, posted a 60 percent rise in annual profit on Thursday, riding turbulent financial markets to show strong growth in funds under management which fuelled record management fees. Chief Executive Peter […]
HSBC funds arms to rebrand
Reuters- More merger and acquisition activity among fund firms is likely as the industry faces up to a tough 2008, said Mark McCombe, head of HSBC’s asset management arm, which is to rebrand next month. McCombe, chief executive of what […]
Hedge funds urge CSX shareholders to elect their board slate
CNN Money- Two hedge funds urged shareholders of CSX Corp. on Tuesday to elect their minority slate of five board candidates, arguing that their nominees have more industry experience and a greater financial stake in the railroad operator. The hedge […]
