Author Archives: the HedgeCo News Team
Focus Tax worries take the edge off hedge fund access for retail
London AFX – UK funds managers have welcomed the Financial Service Authority’s latest step towards opening up hedge funds to ‘significant’ demand in the retail sector, but in the same breath have expressed deep concerns over the tax regime that […]
Tilneys Wharton bangs the drum for hedge funds
Tilney Investment Management director Paul Wharton is shunning private equity in favour of hedge funds, which he believes offer greater options for investors. Speaking at the Institute of Financial Planning last week, Wharton, who runs private client portfolios, said he […]
Hedge funds clamour for China shares despite curbs
Hong Kong – Hedge funds are hungry for a bigger bite of China’s booming but restrictive stock market, undeterred by last month’s gut-wrenching one-day selloff and limitations on their access and trading strategies. Mainland shares soared 130 percent last year, […]
Hedge Fund Faces Fines of up to $25 Million
HedgeCo.net – A hedge fund accused of defrauding mutual funds of $2.4 million in 2003 could face additional fines under a proposed plea agreement filed Tuesday in U.S. District Court in Philadelphia. The guilty plea would mark the first criminal […]
Hedge Fund Investors to Put More Money In
Boston – Investors, including pension funds and endowments, plan to put more money into hedge funds this year and expect to keep paying the loosely regulated portfolios’ high fees, a poll released on Friday shows. Investors polled by Goldman Sachs […]
ABN Amro takes shareholders demands
Amsterdam (AFX) – ABN Amro Holding NV said it takes suggestions from shareholders seriously, but refused to comment further on speculation that hedge funds Polygon and Centaurus have built up a stake in the Dutch bank and are supporting the […]
U.K. Regulator to Let Consumers Invest in Hedge Funds
Britain’s market regulator plans to open hedge fund investing to all individuals in the U.K., allowing the general public to participate in one of the fastest- growing segments of the money-management industry. The Financial Services Authority proposals would let consumers […]
Trading Bonuses & Hedge Fund Sales
HedgeCo.net – A major new survey of salary and bonus packages awarded to stock market traders globally reveals that those operating in the Middle East achieved the highest percentage increases ahead of their counterparts in London and on Wall Street.The […]
Asian Regulators Discuss Hedge Funds
HedgeCo.net – About 40 securities regulators from around Asia and the Pacific are meeting this week to discuss hedge funds. The regional seminar on Collective Investment Schemes/Hedge Funds is taking place in Beijing Monday through the 30th as part of […]
British Hedge Funds Back Up TCI In Dutch Bank Attack
HedgeCo.net – ABN Amro Holding NV said last week it was in preliminary discussions with Barclays about creating a company worth more than $160 billion, this comes after pressure from activist hedgefund TCI asking to split up of the Dutch […]
Citi Ready for Prime Time
The New York banking titan has created a joint venture between two of its corporate and investment banking business — capital markets and transaction services — to better cater to this much sought-after, highly lucrative clientele. The news comes as […]
Stockpickr: Trade Like Goldman Sachs
Let’s face it: Goldman Sachs (GS – Cramer’s Take – Stockpickr – Rating) is the best bank out there. It sees all the deal flow, and both major political parties are full of formerGoldman executives. Goldman has consistently generated great […]