Friday, April 27, 2007
Tuesday, April 24, 2007
some hedge fund stories
Managers Use Hedge Funds as Big IRA's
New York Times - New York,NY,USA
But thanks to the peculiarities of the structure of hedge funds and their enormous growth, the tax-deferred sums that hedge fund managers earn may be far ...
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Activist hedge funds, buyout firms clashing more
MarketWatch - USA
In the past, activist hedge funds would help the process along by finding under-performing companies, criticizing executives publicly and arguing for a sale ...
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Unregulated, overpaid hedge funds feed fears of collapse
The NewStandard - Syracuse,NY,USA
As salaries of leading hedge-fund traders top a billion dollars, fears are mounting about an industry bubble. The secretive nature of the funds, ...
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Posted by GloomyGus at 10:22 AM 0 comments
Dutch to investigate hedge funds
Government to investigate hedge funds
Monday 23 April 2007
The finance ministry is to begin an investigation into how active hedge funds and private equity groups are in the Netherlands, finance minister Wouter Bos said at the weekend.
The announcement by Bos followed an EU finance ministers' meeting in Berlin. 'Some people say their [hedge funds and private equity firms] activities only account for 1% of the economy. If that is so, then we don't needed to revamp all our financial legislation,' Bos said.
Hedge funds have become a controversial issue in the Netherlands in recent months following their efforts to force several Dutch companies to split up.
Stork and ABN Amro are currently under attack from hedge funds, while newspaper group PCM was bought and sold again by private equity group Apax.
Bos said hedge funds could be useful in forcing companies to improve their performance and boost efficiency. 'But do such active shareholders damage the interests of workers, management and customers?,' Bos asked in today's Volkskrant.
'We have to ask if bonuses and golden handshakes are becoming bigger because of hedge funds and if long-term strategic thinking is being rendered useless by the funds' demands for quick returns,' he said.
This weekend's EU meeting focused on the need for more transparency by hedge funds. Ministers plan to draw up a voluntary code of conduct which they hope the big buy-up funds will adhere to
Posted by GloomyGus at 10:21 AM 0 comments
Monday, April 02, 2007
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