Author Archives: the HedgeCo News Team
Sell-out: Why hedge funds will destroy the world
New Statesman – If hedge funds were a country, it would be the eighth-biggest on the planet. They can sink whole economies, and have the potential to crash the entire global financial system. Yet they are beyond regulation. We should […]
Morgan Stanley chief to face SEC
Pioneer Press – John Mack, chief executive of Morgan Stanley, will be interviewed by the Securities and Exchange Commission in an investigation of a hedge fund he participated in prior to taking overthe Wall Street firm, the company said Friday. […]
US hedge fund stalks MyTravel
WEST PALM BEACH, FL (HEDGECO.NET) – MyTravel Group PLC, the package holiday company based in the UK escaped bankruptcy a few years ago when the Financial Services Authority (FSA) fined the company for an unaccounted Ã…Â24.3 million in the previous […]
SEC chief wants emergency regulations for hedge funds
Arizona Daily Star – With fraud among hedge funds rising and ordinary investors getting hurt, the chairman of the Securities and Exchange Commission said Tuesday he will push for new emergency regulations of the high-risk investment pools. SEC Chairman Christopher […]
Firm focuses on background
Stamford Advocate – LexPRO Research LLC wants to help businesses make sound decisions. The new company, which set up shop at 20 Summer St. in Stamford in February, offers corporate due diligence and background investigation services. LexPRO’s target clients are […]
Hedge Funds To The Rescue
BusinessWeek – Back in the day, mergers and acquisitions advisers routinely viewed transactions as “in the bank” immediately upon the announcement of a deal. Indeed, deal conference calls were usually filled with congratulatory back-slapping from stock analysts as junior investment […]
Volatility up, but can hedge funds deliver?
Reuters – The collapse of volatility in recent years has hit hedge fund returns but its revival this year should mean that patient investors could at last see some reward for their faith. However, performance isn’t guaranteed because while some […]
Macq merges hedge funds to form $1bn MQ
The Financial Standard – Macquarie Bank’s Equity Markets Group has announced that it is combining its separate hedge fund businesses under the name MQ Specialist Investment Management (MQ) to form a combined $1 billion heavy hitter. Greg Mackay, the head of newly […]
Packaging hedge funds for the masses
CityWire.co.uk – Funds of hedge funds deserve a place in many portfolios but financial advisers are still uncomfortable with their complexities. The argument for funds of hedge funds (FoHF) to be authorised for sale to the retail market is increasingly […]
A Practical Guide for Hedge Funds in the Post Registration Era
On June 23, 2006, the U.S. Court of Appeals for the D.C. Circuit vacated the rule, which required hedge fund managers to register with the Securities and Exchange Commission (the “SECâ€Â). As a result, hedge fund managers are no longer […]
Growing Asian hedge funds pull rank with $30bn assets
The Australian – THE top 25 Asia-based funds now manage $US22.6 billion ($30 billion) in assets, signalling a growing shift in the hedge fund industry towards emerging Asian markets as well as Japan. The figures come from Institutional Investor’s Alpha, […]
Waddell & Reed Agrees to Market-Timing Settlement
Street.Com – Money manager Waddell & Reed (WDR – news – Cramer’s Take) will pay a $50million penalty to securities regulators to settle claims arising from the nearly 3-year-old investigation into abusive mutual fund trading. The Kansas-based financial firm said […]