Monthly Archives: January 2006
Premium Content Added to DOW Jones Hedge Fund Indexes
Dow Jones Indexes, a leading global index provider, has launched a premium content section on its hedge fund indexes Web site. The new section provides in-depth analytical tools and news to give media and investors greater transparency of the Dow […]
Man Group Faces Demand for Hedge Fund’s $179 Million
Bloomberg – Man Group Plc’s U.S. brokerage unit violated a court order by failing to turn over $179 million it took from Philadelphia Alternative Asset Management, a hedge fund that collapsed last year, according to the receiver in the case. […]
Hedge funds reduce portfolio risk
IPE.com – Using hedge funds can halve the probability of extreme loss in a portfolio, according to a new study from Edhec Risk and Asset Management Research Centre. Rather than consider hedge funds as a separate asset class, the study […]
Hedge Fund to pay $10 million to settle N.J. case
Philadelphia Inquirer – Defunct hedge fund Canary Capital Partners L.L.C. has agreed pay the state $10 million to settle allegations that it stacked the deck against ordinary investors, the NewJersey Attorney General’s Office said yesterday. Secaucus-based Canary, two of its […]
Evergreen fund wins $1 million in suit
Denver Post – A federal judge in Denver has ordered a Tennessee money manager – accused of fraud by federal regulators – to pay $1 million to an Evergreen- based hedge fund. U.S. District Judge Richard Matsch last week awarded […]
Hedge Funds Raise Fees as Returns Decline 50 Percent From 1990s
Bloomberg – Hedge funds earned a record $16 billion in fees last year as the returns on investment dwindled to almost half of the average a decade ago. The loosely regulated $1.1 trillion industry increased management fees to 1.44 percent […]
Hedge-like funds to be ranked
Pioneer Press – The hedge-fund industry has achieved considerable success selling investments designed to make money no matter how the stock market fares. So far, the relative handful of mutual funds using hedge-fund strategies has not made market inroads, although […]
Euronext under pressure to drop LSE bid
Finextra – Pan-European exchange Euronext is under pressure from one of its largest shareholders to drop its takeover bid for the London Stock Exchange and kick-start merger talks with Deutsche Börseinstead. US hedge fund Atticus Capital – which says it […]
Dollar Rises Little Against Yen in Asia
MSN MoneyCentral – TOKYO (AP) – The U.S. dollar rose against the yen and euro in Asian trading Tuesday as players took a wait-and-see approach before U.S. economic data due out this week that mayshow mild inflation. The dollar was […]
Some mutual are joining the activist bandwagon
International Herald Tribune – In the last year, hedge funds and deep-pocketed individual investors have been cajoling management at many large companies to buy back shares, increase dividends or take other steps to bolster shareholder value. The billionaire Kirk Kerkorian, […]
PARKER GLOBAL LAUNCHES INVESTABLE FOREX INDEX
HedgeCo.net – STAMFORD, CT, January 16, 2007 * Parker Global Strategies (PGS), who have tracked FX managers since January 1986 in their widely published Parker FX Index, today announced the launch oftheir first investable foreign exchange index — PGS FX […]
AIMA responds to Consultation on Investment Manager Exemption
The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment industry association has responded to the proposed revision of Statement of Practice (SP1/01), which includes changes to the UK’s Investment Manager Exemption (IME) The IME plays […]