Monthly Archives: June 2005
Investment Banks may suffer from heavy Hedge Fund redemptions
WEST PALM BEACH, FL (www.hedgeco.net) – Investment banks are expressing new concerns over their revenues coming from hedge fund business. Some brokerage banks are concerned that heavy redemptionsfrom hedge fund investors might affect their income coming from hedge funds such […]
Hennessee Group Releases its annual Hedge Fund Manager Survey
WEST PALM BEACH, FL (www.hedgeco.net) – The Hennessee Hedge Fund Advisory Group (“Hennessee Group LLC”) has released its 11th annual Hedge Fund Manager Survey. According to the survey results, �Thehedge fund industry grew 27% from $795 billion to over $1 […]
Risk to European Financial Stability from Hedge Funds may have increased-European Central Bank Official
WEST PALM BEACH, FL (www.hedgeco.net) – A governing official of the European Central Bank council said in a press conference that Hedge fund risks to the European Financial Market stability may havegone up from 2004. According to Tommaso Padoa-Schioppa, there […]
Forum to investigate Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – According to published reports, Hedge Funds systemic risks to the global financial system will be examined by the Financial Stability Forum. Lately, concerns havebeen raised that many fund of hedge funds are borrowing heavily […]
European Parliament to decide new rules for Hedge Funds after July elections
WEST PALM BEACH, FL (HEDGECO.NET) – The faith of hedge funds in the European Union may very well depend on the internal elections in the European Parliament Committee, which is in charge of policyformulation for economic and monetary affairs. The […]
New study shows that 50% of Asset Managers in Europe may be launching new Hedge Funds within the next 12 months
WEST PALM BEACH, FL (HEDGECO.NET) – A new study conducted by the Morningstar research organization revealed that about half of European asset management companies might be launching new hedge fundinstruments in the next year. The result of this study tends […]
Former US Vice President met with the SEC to lobby against Hedge Fund regulation
WEST PALM BEACH, FL (HEDGECO.NET) – Dan Quayle, former U.S. Vice President under President George Bush Sr, had a meeting with the William Donaldson, chairman of the US Securities and ExchangeCommission to discuss the hedge fund regulation issue which has […]
SEC voted 3-2 to require mutual fund boards to be chaired by outsiders
WEST PALM BEACH, FL (HEDGECO.NET) – The Securities and Exchange Commission voted 3-2 to require that independent outsiders head board chairmanship of mutual funds. Two republican members of the SECboard however opposed Chairman William Donaldson�s initiative, while Donaldson joined hands […]
UBP, HFR and Dresdner Introduce HFRX Hedge Fund Indices into Swiss Markets
WEST PALM BEACH, FL (HEDGECO.NET) – The team of Union Bancaire Privee, Hedge Fund Research Inc and Dresdner Bank has announced their joint collaboration in launching the new HFRX range of investablehedge fund indices into the Swiss market. The new […]
HSBC to Offer Onshore Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – HSBC Asset Management is preparing to introduce its hedge fund management services to onshore investors according to a released statement. This strategy is aimedat consolidating the company�s services under one umbrella. HSBC has traditionally […]
Asian Consortium Launches New Distressed Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – A group of Asian asset managers have joined hands to form a new hedge fund. The new fund, Asian Debt Fund [ADF], will be focusing on distressed debt investing,covering the Asian region ex-Japan according […]
Rhicon Adds New Hedge Fund Product to their Firm
WEST PALM BEACH, FL (HEDGECO.NET) – Rhicon Currency Management Company has announced the launch of its new fund. The new strategy, called the Rhicon Strategic fund, will be available for trading July1 according to the press release. The fund will […]