The secretive world of hedge funds disclosure has been exposed in a report published in the US, which reveals that up to half of funds and managements lied in their disclosure to customers and investors.
Hedge funds
Briefly Business: Wesfarmers, Macarthur Coal and Chris Murphy
Wesfarmers rights issue … Macarthur Coal takeover?… hedge fund managers … Austock … Chris Murphy wants his fruit back.
Doom and gloom takes risk aversion to a new level
The phrase “risk aversion” no longer adequately covers the growing level of tension and concern on world markets, writes Glenn Dyer.
How Fred Hilmer threw $341,000 over the hedge
Australia’s $65 billion hedge fund industry is bracing for a headwind after Eureka Report named some of the big investors caught up in the Basis Capital collapse. Former Fairfax CEO Fred Hilmer, venture capitalist Roger Allen and Melbourne’s Myer Family are among those caught up in the mess, writes James Frost
Don’t buy the yacht yet, darling!
The total intervention in the past three trading days has come within sight of half a trillion Australian dollars. Glenn Dyer has the latest.
Is Kevin07 heading for a 1969?
You can lose a Federal election and still know that you’re on a winner… by doing a Gough, writes Paul Comrie-Thomson.
Hedge managers fan super anxieties
As Australian hedge fund managers stare down the barrel at their first major league disaster, the crisis at the $1 billion hedge fund group, Basis Capital, is set to spark a fresh examination of hedge fund exposure.
Orica under fire for turning down PE windfall
Despite the protests of New York-based hedge fund, Elliott Associates, Orica has shown that it is capable of delivering long-term results – it should not be held captive to hedge funds angry that they were denied the opportunity of a quick windfall profit.
