Author Archives: the HedgeCo News Team
Hedge Funds go to Washington
HedgeCo.Net (New York) – A new trend is being seen in Washington is of some former high-ranking officials that have been reported to be testing the hedge fund waters. Formerchairman of the Securities and Exchange Commission, Richard Breeden, is now […]
Inflows to hedge funds down 64% after Amaranth collapse
Chicago Tribune – Hedge-fund inflows declined 64 percent in the fourth quarter from the record pace of the previous three months, as investors reacted to the collapse of Amaranth Advisors LLC. Fund managers attracted $15.8 billion in the final three […]
SEC Fines Fund Manager for Illegal PIPE Trades
CCH Wall Street – The SEC has settled fraud charges against a former portfolio manager at a New York-based hedge fund for an illegal trading scheme involving three PIPE offerings. Joseph J. Spiegel, 35, agreed to settle charges that he […]
Strong interest in Brevan Howard listing
Times Online — Traders anticipate strong demand for a listing by hedge fund manager Brevan Howard on the London Stock Exchange. The closed-end vehicle will invest in one of Europe’s largest and most successful hedge funds, with $11.3 billion (£5.7 billion) under management. The firm’s main fund, which makes […]
Strong interest in Brevan Howard listing
Times Online — Traders anticipate strong demand for a listing by hedge fund manager Brevan Howard on the London Stock Exchange. The closed-end vehicle will invest in one of Europe’s largest and most successful hedge funds, with $11.3 billion (£5.7 billion) under management. The firm’s main fund, which makes […]
Amarid Hedge Fund Launches New Movie Making Fund
HedgeCo.Net (New York) – Simon Fawcett, chief executive of hedge fund Aramid Capital Partners, announced that they are spearheading the launch of The Aramid Entertainment Fund, a hedge fund with a strategy of financing independent British films. Aramid was formed […]
Hedge Funds and Insider Trading
New York Times – A truism of investing is that to beat the market consistently, an investor must either take above-average risk or trade on inside information. That inevitably casts a cloud overhedge funds, which exist to beat the market. […]
Northern Trust Sees Growth in Hedge Fund Servicing
MSN MoneyCentral – Northern Trust hedge fund administration and operations services expanded significantly in 2006, with more than 50 funds added during the year by new and existing clientsworldwide, including more than $1 billion in new assets for funds serviced […]
Hunter Biden, Senators Son, Leaves Hedge Fund Job
Bloomberg – R. Hunter Biden, a Washington lobbyist and son of U.S. presidential candidate Senator Joseph Biden, stepped down from daily management of Paradigm Global Advisors LLC, which he owns withhis uncle, James Biden. Paradigm, a New York-based firm that […]
ABI calls for hedge fund transparency
Times Online – BRITAIN’s most influential investor group, the Association of British Insurers, has called for City regulators to insist that hedge funds disclose their large positions at all times,not only when they are bidding for a business. The ABI, […]
Hedge funds bring in the money
CNN Money – NEW YORK (CNNMoney.com) — A record $126.5 billion flowed into the hedge fund industry last year, despite a weak fourth quarter for attracting new money, an industry tracker said Thursday. Hedge funds rebounded in 2006, nearly tripling […]
Ashburton prefers China to India
LONDON (Reuters) – A rise in Indian equities to record highs means they have become expensive and Chinese stocks offer more value in the short run, the manager of a newly-launched fund from investment firm Ashburton said. The Ashburton “Chindia” […]