Monthly Archives: April 2006

Bloomberg – The Hong Kong Jockey Club, the Chinese territory’s only legal gambling forum, is raising its bets on hedge funds. The club, which leads investing trends in Hong Kong, has amassed $164 million in the loosely regulated funds since […]

Boston Globe – New federal filings show that Massachusetts financial firms help manage more than $150 billion in hedge funds and other private investments, about 10 percent of the $1.5 trillion that the Securities and Exchange Commission estimates is held […]

Globe and Mail – Traders, advisers and fund managers — the middle men that stand between investors and their money — are a becoming a dying breed as massive changes brought on by the need for speedand transparency sweep through […]

Pittsburgh Post-Gazette – In early 1997, Mark Carhart was an academic at the University of Southern California. His big claim to fame was his doctorate work at the University of Chicago onmutual-fund performance. Today, the 40-year-old Mr. Carhart and another […]

International Herald Tribune – For those who favor open markets and open investment management, it may look like the best of times. But it may really be the worst, and we may not learn just how badit is until something […]

Reuters.uk – Highway Insurance’s (HWY.L: Quote, Profile, Research) final-salary pensionscheme has decided to invest in alternative assets including private-equity and hedge funds, the company said on Wednesday. The Ockham Pension Scheme has assets of 80 million pounds. Its trustees have […]

Scotsman – Fund of hedge fund firms will have to be more creative about the products they offer to survive in an overcrowded sector, said Bill Maldonado, head of alternative investments at HSBC Halbis Partners. Funds of hedge funds invest […]

International Herald Tribune – Hedge funds pose a diminishing threat to the financial system because their managers have improved oversight to satisfy pension plans and other institutional investors, Emil Henry, the U.S. Treasury’s assistant secretary for financial institutions, said Tuesday. […]

Middle East North Africa Financial Network – The legislation to regulate the managed funds industry within the DIFC has been enacted by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of […]

MSNBC – The number of very rich people in the U.S. grew last year at the fastest pace in at least a decade as their moves into international stock markets, real estate and alternative investmentspaid off. The number of households […]

Investors Business Daily – In early 2004, Bret Grebow, the 28-year-old hedge fund manager, was living the high life. He claimed the value of his hedge fund surged 40% the previous year. He bought a $160,000 Lamborghini Gallardo. He chartered […]