Monthly Archives: April 2005
Hedge funds are Flat at Close of First Quarter
WEST PALM BEACH, FL (www.hedgeco.net) – According to Reuters, U.S. Hedge funds ended first quarter with flat returns, thus marking an extension of the current low-return environment. While this lowreturn period tells little about what returns may be posted for […]
Asian Hedge Fund Assets Surpass $85 Billion
WEST PALM BEACH, FL (www.hedgeco.net) – Asia-Pacific hedge funds continue to gather additional assets as investors� demand for hedge fund management instruments is gathering momentum. According toSinclair, ABN AMRO’s global co-head of hedge fund coverage, the total assets managed by […]
L.A. Pension Scheme to Invest in Hedge funds
WEST PALM BEACH, FL (www.hedgeco.net) – The Los Angeles Fire & Police Pension System has announced its plans to invest with hedge fund managers during the later part of 2005. According to thereport, the fund is organizing a search for […]
Bermuda to Streamline Investment Processes and Bureaucracy
WEST PALM BEACH, FL (www.hedgeco.net) – The Bermudan government has decided to cut down on red tape and streamline its investment processes and unnecessary bureaucracy. The announcement was made bythe Bermudan Finance Minister Paula Cox. According to her, the changes […]
Janus Fund Capital Group to pay $200 million to settle improper mutual fund trading allegations
WEST PALM BEACH, FL (HEDGECO.NET) – Janus Capital Group has agreed to pay $200 million to settle the illegal mutual fund trading allegations, according to Bloomberg news. According to the report,Janus has reached settlement with the U.S. Securities and Exchange […]
Deutsche Bank launches Capital Guaranteed Fund
WEST PALM BEACH, FL (HEDGECO.NET) – International asset management firm, Deutsche Bank has unveiled a new fund, which will offer investors exposure to hedge fund strategies. According to publishedreports, the new vehicle is being introduced in Hong Kong. The MaxVision […]
New Hedge Fund Hotel open for business
WEST PALM BEACH, FL (HEDGECO.NET) – A new hedge fund hotel is now open for business. Eurekahedge, a hedge fund consultancy company based in Singapore, set up the new hotel. The new hedge fund hotelis Asia�s first, and according to […]
German Investors are slow in adopting Onshore Hedge Fund Strategies
WEST PALM BEACH, FL (HEDGECO.NET) – When the German financial market regulators approved retail hedge funds for investors in Germany, everyone expected a big rush by investors to put up their assetsinto such vehicles. However, it appears that the German […]
Shareholder Activist to launch new Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – A US shareholder activist, Bob Monks has announced his plans to launch a new hedge fund; according to him the new product will be a dedicated corporate governancehedge fund. The new strategy will employ […]
Clinton Group reshuffles its Hedge Fund Unit
WEST PALM BEACH, FL (HEDGECO.NET) – The Clinton Group is reshuffling its executives following its recent pricing problems, which triggered investigations from the Securities and Exchange Commissionand the Commodities and Futures Trading Commission. Problems in the Clinton’s hedge funds began […]
SEC may be sending mixed signals about Hedge Fund Regulation
WEST PALM BEACH, FL (HEDGECO.NET) – The Securities and Exchange Commission [SEC] seems to be backing off from some of the agency�s proposals about regulating the US hedge fund industry. The tone ofChairman William Donaldson has softened somewhat with the […]
Former Morgan Stanley Director hired as COO of new fund
WEST PALM BEACH, FL (HEDGECO.NET) – Former Morgan Stanley managing director has been hired by a new global investment managing company to head the firm�s global investment management initiatives.Stuart Hendel was the managing director of a Morgan Stanley prime brokerage […]