Author Archives: the HedgeCo News Team
Singapore Hedge Fund Asia Genesis Shifts Some Holdings to Cash
Bloomberg- Asia Genesis Management, a hedge fund based in Singapore that manages about $450 million, has increased cash holdings to 95 percent of its assets as losses from U.S. subprime mortgagesspread. “This is not the time to take more risk,” […]
Japanese Bonds Gain as Losses at Hedge Funds Spur Purchases
Bloomberg- Japan’s government bonds rose as reports of increasing losses at hedge funds globally spurred demand for the relative safety of government debt. Ten-year bonds gained for a second day, pushing yields to the lowest in nine weeks. Emerging-market and […]
Private equity, hedge funds take on Congress
MSNBC- Private equity, hedge fund and real estate executives warned senators on Tuesday that raising taxes on their firms would harm a wide range of companies that benefit from their investments, including developers in poor urban areas. Congress is debating […]
Hedge Funds Pluck Money From Air in $19 Billion Weather Gamble
Bloomberg- Credit Suisse Group trader Patrick Ayash rarely reads earnings estimates and just skims news about inflation. One thing he never misses: the daily weather report. Ayash, 31, is part of an army of mathematicians, hedge-fund whizzes and programmers pouring […]
Harvard-backed hedge fund falls victim to US credit crisis
Guardian Unlimited- America’s credit squeeze has prompted the demise of $3bn hedge fund Sowood Capital after it lost half its value in a month through disastrous bets on debt-related instruments. Sowood, backed by Harvard University’s endowment arm, told investors its […]
Hedge Funds Thriving In Europe
West Palm Beach (HedgeCo.Net)- Hedge funds are thriving in Europe, thanks to increased interest from pension funds and other institutions, both European and U.S. Regulatory changes that have made it easier for such investors to put money in alternatives. The […]
Conifer Securities Hires Director Of Consulting Services
HedgeCo.net – SAN FRANCISCO, August 1, 2007 – Conifer Securities, LLC, a leading provider of business and operations solutions to hedge fund managers, family offices, foundations and endowments,today announced that Sandy Monticelli, CPA, has joined as Director of Consulting Services […]
China Beats Japan As Asia’s Top Hedge Fund Destination
West Palm Beach (HedgeCo.Net)- According to Alpha Magazine’s list of the region’s biggest single-manager hedge funds, investors are rushing into China to capitalize on the country’s soaring equity market, and Asia’s native hedge funds are cashing in on the action. Tokyo-based […]
Get hedge funds right
It’s fun to jump on the bandwagon and slam hedge funds. Blow-ups, writedowns, meltdowns and financial catastrophe are the words of the day with regard to hedge funds. I thought we would separate the wheat from the chaff this month […]
AIMA Responds To IOSCO Fund Of Hedge Funds Consultaion Paper
London 30th July 2007. The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment industry association, has responded to the International Organization of Securities Commissions’ (IOSCO) Consultation Report “Call for Views on Issues that could be […]
The SEC Gave Final Regulatory Approval
The Securities and Exchange Commission today gave final regulatory approval related to the consolidation of the member firm regulatory functions of the National Association of Securities Dealers, Inc. and NYSE Regulation, Inc., a wholly-owned subsidiary of New York Stock Exchange […]
Tannenbaum Helpern Names Kenneth M. Block As Partner
HedgeCo.net – NEW YORK (July 31, 2007)-Tannenbaum Helpern Syracuse & Hirschtritt LLP announced today that Kenneth M. Block has joined the firm as a partner in the Real Estate, Construction and Environmental Practice in New York. He joins from Thelen […]