Monthly Archives: March 2008
Hubris returns to haunt hedge funds
Financial News Online US- A few years ago, this column wrote about problems at the little known but ambitious US hedge fund Hubris Capital Management LLC and the strong performance of its flagship funds Nemesis and Icarus. While the firm […]
HedgeCo.Net and IFA Create Alliance to Give Clients Unrestricted Access
West Palm beach, FL (PRWEB) March 27, 2008 — HedgeCo LLC, an elite name in the hedge fund service industry, announced today a strategic relationship with International Financial Administration US LLC. This alliance will offer clients of IFA the use […]
Lenders seize failing hedge fund Peloton
Reuters – Several lenders have taken control of failing hedge fund Peloton Partners’ assets, one day after the fund said it was liquidating one of its portfolios, a person familiar with the situation said on Friday. Some banks are taking […]
Fewer hedge funds closed in 2006 than in 2005-HFR
BOSTON – Fewer hedge funds went out of business in 2006 than the year before, according to new data that also show that fewer people launched these loosely regulated but hugely popular investment portfolios last year. In 2006 1,518 hedge […]
Can’t beat activist hedge funds
NEW ORLEANS – The age of the activist hedge fund is here, and companies would do well to accept it. Such were the sentiments of mergers and acquisition lawyers and some investment bankers from top Wall Street institutions who spoke […]
Electronic Reporting for Cayman Islands Regulated Funds now Underway
GEORGE TOWN, Grand Cayman – The mechanism for the electronic submission of annual returns for funds licensed, registered and administered in the Cayman Islands is now in place. With it, electronic reporting for all funds regulated under Cayman’s Mutual Funds […]
NFL Hedge Fund Case To Proceed as Planned
HedgeCo.net – A federal judge in Atlanta ruled that the NFL players who entrusted their funds to Kirk Sean Wright, CEO of hedge fund International Management Associates of Atlanta, may move forward with their case over lost investments. The FBI […]
Global Hedge Funds now Over Two Trillion in Assets
HedgeCo.net – Assets in global hedge funds have now reached more than $2 trillion according to new research compiled by HedgeFund Intelligence, publisher of the newsletters and databases of EuroHedge, AsiaHedge, South AfricaHedge and InvestHedge, as well as the U.S.-based […]
Tilneys Wharton bangs the drum for hedge funds
Tilney Investment Management director Paul Wharton is shunning private equity in favour of hedge funds, which he believes offer greater options for investors. Speaking at the Institute of Financial Planning last week, Wharton, who runs private client portfolios, said he […]
Focus Tax worries take the edge off hedge fund access for retail
London AFX – UK funds managers have welcomed the Financial Service Authority’s latest step towards opening up hedge funds to ‘significant’ demand in the retail sector, but in the same breath have expressed deep concerns over the tax regime that […]
India To Open Door To Hedge Funds
MUMBAI – India plans to selectively allow hedge funds to invest in the markets, a regulatory body said Wednesday. Hedge funds are known to be already investing in India. “They should come here and invest directly. Let them come from […]
More hedge funds disclose NWA holdings
A second group of investors disclosed their holdings in Northwest Airlines Corp. on Wednesday, saying they own $949.3 million in claims against the bankrupt carrier. Several hedge funds have been buying shares and — especially — claims in Northwest. The […]