Author Archives: the HedgeCo News Team
The Hedge Fund Report: Vultures Feed at Dana
Every day, the boundaries blur between private equity and hedge funds. Hedge funds are imposing more illiquid terms on investors and seeking returns in the nonpublic universe. And traditional private equity behemoths like Kohlberg Kravis Roberts & Co. and Blackstone […]
New hedge fund managers must have right skills: AIMA
The country’s $22 billion hedge funds industry will continue to grow at phenomenal rates, but the challenge is to ensure new hedge fund managers have the right skills, said the Alternative Investment Management Association’s (AIMA) chairman Kim Ivey. According to the […]
Regulators take contrary views on hedge funds
There appears to be a diverging approach to the regulation and development of hedge funds as domestic regulators like the Hong Kong Securities and Futures Commission and the Financial Services Authority (FSA) in the UK are considering the retailisation of […]
US to study hedge fund, derivatives risks-Quarles
WASHINGTON, March 13 (Reuters) – The U.S. Treasury Department is studying the growth of sophisticated financial vehicles such as hedge funds and derivatives to see what risks they may pose to financial markets or institutions, a senior official said on […]
Women in hedge funds wield power, for a cause
Seattle Post Intelligencer – Leslie Rahl has been running a hedge fund advisory firm for a dozen years, after a long career running the derivatives desk at Citibank. A typical day might be spent meeting with clients from Japan and […]
BU graduate in hiding after taking money and running
Sun and Press – Here’s a Binghamton University alumnus who won’t be listed with Tony Kornheiser, Paul Reiser, Billy Baldwin or Camille Paglia as distinguished graduates. You won’t read about him in the university’s Alumni News or its weekly newspaper. […]
Funds chase profit in booming Asian infrastructure
NDTV.com – Global money managers are stepping up efforts to profit from Asia’s infrastructure boom, lured by the prospect of billions in spending on everything from new roads and ports to railwaysand power grids. From mutual funds aimed at average […]
Hedge fund operator gets prison
San Diego Union Tribune – Ricky Dale Fenney, a hedge fund operator who defrauded investors of more than $2 million, was sentenced to three years, one month in federal prison. He pleaded guilty to wire fraud Dec. 20. Between 2001 […]
Paul Myners, Former Gartmore Chief, Joins Hedge Fund
Bloomberg – Paul Myners, chairman of U.K. retailer Marks & Spencer Group Plc and former head of Gartmore Investment Management, is joining Liberty Ermitage Jersey Ltd. and buying a stake in the hedge fund company. Myners, who’ll become chairman of […]
Hedge fund firm Dexion explores carbon emissions
Reuters Italia – Overcrowding in traditional markets and the quest for higher returns has prompted hedge fund firm Dexion Capital to look further afield, at carbon emissions and electricity tradingand reinsurance. Too much money chasing the same few opportunities in […]
Needham sees bright side of tarnished firms
Seattle Times – Vincent Gallagher and James Kloppenburg put together the second-best performance among U.S. growth mutual funds during the past decade by buying shares of companies in financial orregulatory turmoil. Now, the managers of the Needham Growth Fund are […]
Hedge fund firm Dexion explores carbon emissions
Reuters Italia – Overcrowding in traditional markets and the quest for higher returns has prompted hedge fund firm Dexion Capital to look further afield, at carbon emissions and electricity tradingand reinsurance. Too much money chasing the same few opportunities in […]