Author Archives: the HedgeCo News Team
Hedge funds vs. mutual funds
CNN Money- Chastened by the 2000-02 crash, the mutual fund industry has morphed into a 401(k) bureaucracy, cranking out bland diversified funds and packaging them into “life cycle” portfolios that you don’t have to think much about. All the glitz […]
Atkins questions hedge fund plan
Los Angeles Times- One of the five members of the Securities and Exchange Commission is skeptical about an agency proposal that would require individuals to have at least $2.5 million in investments, excluding the value of their primary residence, before […]
ABI demands new curbs on activist funds
Times Online- The lobby group representing some of the stock market’s biggest investors has called on the City watchdog to crack down on activist investors and hedge funds. The Association of British Insurers (ABI), whose members control about 20 per […]
Finvest Launches $250 Million Hedge Fund
New York (HedgeCo.Net)- Finvest Asset Management has announced the launch of The Finvest Yankee fund, its first multi-strategy hedge fund that will offer exposure to emerging managers through managed accounts. According to Levy Berkowitz, compliance and operations manager at Finvest, […]
StoneHouse Flagship Hedge Fund Launch
New York (HedgeCo.Net)- Stone House Partners LLC announced the successful launch of its flagship hedge fund, the Stone House Partners Fund, and impressive first half returns. Stone House Partners Fund, LP is a diversified, multi-strategy fund that targets above average, […]
Rising defaults shut down two hedge funds
Washington Times- Bear Stearns & Cos. yesterday said it would close two troubled subprime mortgage hedge funds that are worthless as a result of surging defaults as Federal Reserve Chairman Ben S. Bernanke admitted that the subprime mess will further […]
Dubai leads Gulf with draft hedge funds code
Financial News Online US- Dubai is bucking the trend around the world by drafting a code of conduct for hedge funds. Several jurisdictions have decided this could be seen as over-regulation. Hedge fund assets in the Gulf states are small, […]
China hedge funds no riskier than US funds: survey
Channel News Asia- Hedge funds that invest in Greater China are no more risky than those with money in the US. This is according to a survey commissioned by Fullerton Fund Management. The study was conducted partly to determine if […]
EU watchdogs allow hedge fund indices in UCITS
Reuters UK- Stock market watchdogs gave their conditional blessing on Tuesday for the inclusion of hedge fund indices in European Union-regulated funds for small investors. The European Commission, the bloc’s top financial regulator, had asked the EU’s 27 national market […]
2 Bear Stearns hedge funds nearly worthless
Houston Chronicle- Bear Stearns Cos. told clients today that a meltdown in the subprime mortgage market has made the assets from two of its flagship hedge funds almost worthless. Both funds were squeezed after Bear Stearns made wrong-way bets on […]
Hedge Funds Return An Average Of 5.25% In Second Quarter, Morningstar
New York (HedgeCo.Net)- As of July 13, 2007, hedge funds have returned an average of 5.25% in the second quarter, beating first-quarter performance of 2.1%, Morningstar reported today in a press release. Hedge funds slightly underperformed the S&P 500 Index, which […]
AIMA Launches New Institutional Investor Steering Committee
London, 18 July 2007. The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment industry association has announced the creation of a new hedge fund industry Investor Steering Committee (ISC). The committee is to comprise institutional […]