Tag Archives: volatility
Failed Sowood hedge fund manager raising new money
Reuters- One year after Jeffrey Larson lost about $1.5 billion in one of the hedge fund industry’s most spectacular collapses, he is trying to raise fresh capital for a new fund, people familiar with his plans said. "Larson is back […]
Microsoft Looks Ahead, Leaves Yahoo Behind
New York (HedgeCo.Net) – Microsoft CEO Steve Ballmer declared that they are “done” pursuing Yahoo and focused instead on Microsoft’s need to invest in its internet businesses. However, the past six months of on-again, off-again talks with Yahoo have critics […]
Harbinger suspends Inmarsat talks, still wants deal
Reuters- U.S. hedge fund Harbinger remains interested in buying British satellite communications firm Inmarsat, but is suspending talks for now because of the lengthy regulatory process involved, it said on Monday. "Harbinger remains interested in acquiring control of Inmarsat and […]
SEC Rumor Watch Draws Skepticism
New York Post- Wall Streeters who suspect that hedge funds are behind false rumors about Lehman Brothers and other banks say they’re skeptical that regulators will be able to find and punish those responsible. "I would love to have someone […]
Man says demand for fund products remained strong
Reuters – Man Group Plc, the world’s biggest listed hedge fund company, said demand for its fund products had remained strong in the first quarter and it was confident about its prospects for the full year. Sales in the three […]
Hedge Fund Man Group Shows Positive Product Return
West Palm Beach (HedgeCo.net)- Global Hedge fund Man Group has increased their assets under management from $74.6 billion at 31 March 2008 to $79.5 billion at 30 June 2008. "Demand for our fund products has remained strong, both from private […]
Activist Hedge Fund Told To Cease and Desist
West Palm Beach (HedgeCo.net)- A preliminary injunction has ordered two officers of activist hedge fund Costa Brava Partnership III LP of Boston to cease and desist, refraining from all contact with former, current and future auditors of Telos Corporation. Costa […]
Yahoo/Microsoft Talks May Be Back On
New York (HedgeCo.Net) – After months of on-again off-again talks between Yahoo and Microsoft, the possibility of a merger looks to be back on. According to the Wall Street Journal, Microsoft said they may be interested in restarting talks if […]
Hedges turn to business of rescue
Financial Times- Even as politicians and regulators accuse hedge fund short-sellers of trying to bring down banks in Britain, the US and Australia, top hedge managers are providing rescue capital to prop up the ailing corporate world. The latest bail-out […]
Moody’s to Launch Internal Investigation Following Ratings Errors
New York (HedgeCo.Net) – Credit rating agency Moody’s said on Tuesday that it would probe deeper into why its staff incorrectly rated approximately $1 billion of complex debt securities. While it was thought to be a computer error that caused […]
Wittenham launches hedge fund for frontier markets
Reuters- Singapore’s Wittenham Investment Management launched a fund of hedge funds to invest in frontier capital markets such as Africa, Middle East and countries in the former Soviet Union. The MENA Plus fund would start with a minimum $7 million […]
DWS hedge offers daily liquidity
Financial Standard- DWS Investments could well be one of the pioneers of a new era in hedge funds when it launched a new product that offers daily liquidity and pricing to retail investors. DWS Investments, Deutsche Bank’s global retail asset […]