Author Archives: the HedgeCo News Team
SEC hardens soft dollar rules, eyes short sales
Reuters – Soft-dollar deals — in which money managers pay above-market commission rates to get “free” brokerage services such as stock research — will be further restricted, but not banned, underrules adopted on Wednesday by the U.S. Securities and Exchange […]
Hedge funds in South Africa
Kevin Shames from Alpha Asset Management explains why the international community is finding the SA hedge fund industry so attractive. Chris Gibbons: It is time to look at hedge funds in South Africa. Big profit opportunities in South African stocks, […]
Rewarding the hard yards
Moneyweb – Balding, bespectacled and slight of build, Bill Bowder is an unlikely attraction in a city which constantly reminds you that the world’s biggest movie stars gather here every year. Amongthe hedge fund fraternity, though, Bowder’s celebrated like Charlize […]
FSA defends right to fine Jabre
Reuters – The Financial Services Authority (FSA) said it was within its rights when it fined high-profile hedge fund manager Philippe Jabre for market abuse in Japan because the effects of globalfinancial trades are felt worldwide. Jabre, a former top […]
Horizon Cash Management Announces Results Of 2006 Best Practices Survey
CHICAGO, July 13, 2006 – Horizon Cash Management LLC, a leading cashmanager for alternative investment funds, today announced the results of“The 2006 Survey of Best Practices in the Hedge Fund Industry.” The survey is the most ambitious of the three […]
Man Group Increases Hedge Fund Volume
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge fund Man Group, the world’s largest listed hedge fund manager has seen sales of more than $5 billion and has increased its managed funds to more than $54 billion at the end of […]
FSA Seeks to Ban Hedge Fund Trader for Life
WEST PALM BEACH, FL (HEDGECO.NET) – Philippe Jabre is appealing to the Financial Services and Markets Tribunal to challenge The Financial Services Authority and its right to call for a ban from trading in the City and a £750,000 fine […]
Funds Still Dealing With Market Timing
MSN MoneyCentral – Martha Stewart complained that she was almost trampled by the scrum of reporters at her trial on charges she lied about a stock sale. Stephen J. Treadway’s trial, in the sameManhattan federal court, was considerably quieter, although […]
Are foreign hedge funds placing bets on India? –
Moneycontrol.com – The “Meltdown May” may have severly impacted hedge funds in general, but there is no stopping them from looking at the India story. From GDP recording growth of 9.4% in Q4 to Sensex looking to outperform most other […]
Pensions look to hedge funds for high returns
Reuters – Low expected returns from stocks and bonds have persuaded some of the worlds top pension funds to look at hedge funds as a way of boosting their portfolios, panellists at a hedge fundconference said on Tuesday. Poor average […]
Insurers look for ways to ease blow when disasters hit
Winston-Salem Journal – In late January, a private-equity fund called First Reserve Corp. discovered firsthand how much the market has changed. First Reserve, based in Greenwich, Conn., wanted to buyan oil-and-gas platform in the Gulf of Mexico. During a conference […]
Hedge Fund expert joins local financial firm
Cayman Net News – dms Management Ltd recently announced that Roger Hanson has joined the firm as Director, and said this would further strengthen the company’s high level of expertise asindependent directors of offshore hedge funds. A recognized leader in […]