Hedge fund Starboard Value LP recently nominated several candidates to AOL’s board, explaining that their discussions have not been satisfying thus far. According to Starboard, who owns 5.2% of AOL’s stock, AOL’s patent portfolio has the potential to generate over $1 billion in licensing income, with the proper management. AOL possesses valuable intellectual property, including…
Tag Archive: Economy
Top Ten Franchises for 2012
Entrepreneur 2012 Franchise 500 has released its annual list of top ten franchises for the upcoming year: Hampton Hotels Subway 7-Eleven, Servpro Days Inn McDonalds Denny’s inc. H&R Block Pizza Hut Dunkin’ Donuts Hampton Hotels ranked #1 last year as well, while Subway climbed from its #9 ranking in 2011. McDonald’s was the only franchise…
U.S. Hedge Funds Should Focus on Retail
U.S. hedge funds struggling to promote their businesses are considering developing products for other sectors, like retail. Daniel Celeghin of Casey Quirk said “Globally, institutional capital invested in hedge funds and funds of funds represents about $1.1 trillion. However, in the retail world, the amount in hedge funds is very s small. “Of the $11…
Quote of the Day: Uncanny Wisdom from the 19th Century
Financial issues and economic turmoil have been reason for concern for centuries, and the details are often reoccurring. One of the earliest editors for The Economist, Walter Bagehot, was known as the 19th Century Man of Letters. One of his quotes foreshadowed today’s crises: “A central bank is best that governs least, but is prepared…
Hedge Fund Investor Gottex Cuts Costs for 2012
Despite what could be considered a relatively successful year, hedge fund investor Gottex Fund Management Holdings is cutting its costs by 15% in 2012. “Getting money into hedge funds is not an easy task for the moment. Asset raising is difficult, though outflows are within normal parameters,” explained Joachim Gottschalk, Gottex chairman. “Global uncertainty in…
Chinese Economy Leads to Concern Among Hedge Funds
Though the eurozone crisis is far from over, hedge funds and analysts have begun shifting their attention to a different, looming disaster emanating from China as its economy starts to slide. The Emerging Sovereign Group, a $1 billion hedge fund, recently told its clients: “We have a gathering sense that the next act of this…
Investing in Precious Metals
Gold and other precious metals, such as silver, platinum and palladium, are good investments when there is uncertainty and instability in national and international economic markets. The reasons for this are not that hard to understand: There is a limited amount of these precious metals in circulation, but demand for them is continuously rising. It…
Hedge Fund Managers Predict Dip in Global Growth in Survey
Hedge fund managers project a slip in global growth next year as a result of likely Eurozone sovereign defaults and the economic slowdown in China. The predictions come as part of a survey which covers more than a third of hedge fund managers around the world, who manage $800 billion between them. When asked about…
Smaller Hedge Funds Turn to Individuals for Investments
Asia-Pacific hedge funds with less than $100 million in assets are turning to millionaires for investments. These funds are having trouble as institutions generally favor funds with more impressive assets and proven track records. The debt crisis in Europe and the worldwide economic issues have boosted volatility on equity markets to a two-year high, increasing…