Author Archives: the HedgeCo News Team

MSN MoneyCentral – The US Treasury is to convene its first formal meetings with hedge funds and investment banks in coming months in a sign that it wants to learn more about the possible risks oflenders’ exposure to the industry. […]

Bloomberg – The U.S. government is intensifying its scrutiny of hedge funds as lawmakers weigh stricter oversight of the industry with $1.2 trillion in assets under management. The Treasury Department this month started an inquiry into the funds, whose 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, […]

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 […]

Austin American-Statesman – The dispute had all the markings of a classic battle between a company and short sellers. On one side was a well-known shipping firm complaining about speculators spreading rumors as part of a “dirty scheme” to depress […]

CFO.com Magazine – Morgan Stanley chief executive officer John Mack will talk to the Securities and Exchange Commission regarding its investigation into possible insider trading at hedge fund Pequot Capital Management Inc., according to published reports. “Yesterday, the SEC contacted […]

Reuters – Jupiter Asset Management told Reuters it has hired high-profile former Gartmore fund manager Philip Ehrmann and will launch a new China fund for him to handle. Ehrmann, who was Head of Pacific & Emerging Markets at Gartmore, ran […]

Bloomberg – Jim Rogers, the co-founder of George Soros’s Quantum hedge fund, says oil prices will reach $100 a barrel, possibly this year. Merrill Lynch & Co.’s Francisco Blanch says no way. “Unless somebody discovers something very quickly and very […]

Malaysia Sun – A phone call from a New York whistleblower led to a $30 million settlement in what’s been called one of the biggest scandals in mutual funds history. Whistleblower Noreen Harrington tipped off investigators to the scandal, which […]

International Herald Tribune – Like the French in August, all taking the same roads to the same places at the same time to try to escape one another, hedge fund managers all seem to be making thesame moves in the […]

Business Day – ALTHOUGH the popularity of hedge funds increases in direct proportion to the volatility of world financial markets, most South African investors remain shut out of these opportunities while the authorities consider how best to regulate hedge funds, […]