Author Archives: the HedgeCo News Team
RBC Hedge Fund Index Up in June
West Palm Beach (HedgeCo.Net)- RBC Capital Markets reported that the RBC Hedge 250 Index for the month of June 2007 had a net return of 0.61%, bringing the year-to-date return of the Index to 7.02%. The RBC Hedge 250 Index […]
Bored with hedge funds – More investors are turning to ‘Exotic Assets’
International Herald Tribune- Zelda Cheatle, a London photography gallery owner, is close to sealing one of her biggest and most peculiar deals. In late August, she expects to sell about 4,000photographs in a single transaction, but the buyers will not […]
SEC’s new rules assert control over hedge funds
Boston Globe- The Securities and Exchange Commission adopted new rules ensuring it can sue hedge funds for misleading investors, following a court ruling that put in doubt the regulator’s authority over the $1.6 trillion industry. The SEC barred hedge funds […]
London Stock Exchange Launches Specialist Fund Market
West palm Beach (HedgeCo.Net)- The London Stock Exchange announced the launch a new market for issuers of specialist funds. The Specialist Fund Market will work with professional investors such as hedge funds to satisfy the market need which will exist […]
Man Group assets rise to $67 billion
Reuters- Man Group, the world’s largest listed hedge fund firm, said on Thursday that its assets under management rose to $67 billion (33 billion pounds) at end-June, up from $61.7 billion atend-March, and that it was upbeat on prospects. The […]
Hedge funds get House warning
Baltimore Sun- Members of Congress had a message of caution yesterday for the booming, unregulated hedge fund industry: Proceed with care, because lawmakers are increasingly willing to clamp down toensure discipline in the marketplace. “I don’t think anybody can be […]
London seeks more alternative funds
MSN MoneyCentral- The London Stock Exchange is preparing to launch a regulation-light market for private equity, property and hedge funds as it battles NYSE Euronext for the lucrative business ofhosting listed alternative funds. The Specialist Fund Market, to be announced […]
Hedge Horror
New York Post – As home foreclosures ricochet through Main Street in rising junk mortgage meltdowns, Wall Street is facing a separate barrage that could swamp its first rich victims – hedge funds forthe wealthy. The financial industry yesterday got […]
Wuffli’s Exit Is Lesson for Banks, Hedge Funds
Bloomberg- There’s still some mystery about Peter Wuffli’s removal as chief executive officer of UBS AG. To listen to the company, there was some mild disagreement about how to rearrange the chairsin the boardroom. More plausibly, it was the $300 […]
Hedge Funds Shorting S&P 500 at `Crowded Levels´
Bloomberg- Hedge funds are short-selling Standard & Poor’s 500 Index futures by the most in three years, giving investors an opportunity to buy the securities before the funds have to settletheir debts, a Merrill Lynch & Co. analyst said. “Large […]
Jupiter CEO cautions on UK property
Reuters- Now is the wrong time to be looking at investing in UK commercial property, while returns from some hedge funds are set to disappoint, Jupiter Asset Management Chief Executive Edward BonhamCarter told Reuters. Speaking on Thursday on the sidelines […]
New Financing Options For Hedge Funds
New York (HedgeCo.Net)- According to a recent study of financing options for hedge funds by Standard & Poor’s, the largest hedge-fund families manage $10 billion, $20 billion, and even $30 billion today, and at least 100 individual hedge funds have more […]