Author Archives: the HedgeCo News Team
President of Bear Stearns sees no Hedge Fund crisis
WEST PALM BEACH, FL (www.hedgeco.net) – Bear Stearns president, Warren Spector says the rumors of hedge fund crisis are simply exaggerated. Spector said, �We have done a lot of double checking andtriple checking to make sure that none of our […]
Highbridge Capital Hedge Fund says it has little exposure to Structured Credit Markets
WEST PALM BEACH, FL (www.hedgeco.net) – Highbridge Capital management has told its investors that it did not suffer big losses in the structured capital markets as rumored recently. According to thereleased information, the firm�s flagship product, Highbridge Capital Corp was […]
Deutsche Bank Plans to launch Islamic Tracker Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Deutsche Bank AG, Europe’s third- largest lender, has announced plans to offer Islamic investors an opportunity to invest in funds using strategies similar tohedge funds. Such funds however, will comply with the Koran�s specifications […]
Gartmore Hedge Funds reach new milestone-Assets reaches $6.3 billion
WEST PALM BEACH, FL (www.hedgeco.net) – Gartmore management said it has just celebrated its 6th year anniversary of the founding of its hedge fund vehicles as assets continue to grow from one year toanother. According to Gartmore, its hedge fund […]
Hedge fund Symposium to focus energy in discovering new niche trading strategies
WEST PALM BEACH, FL (www.hedgeco.net) – Organizers of the 2005 Blue Ribbon Hedge Fund Symposium scheduled in New York from July 12 – 14th continues to devote efforts towards discovering new nichehedge fund trading strategies, as assets for the global […]
SEC Chairman warns about Pressures on Hedge Fund Managers to Justify High Fees
WEST PALM BEACH, FL (www.hedgeco.net) – The Chairman of the Securities and Exchange Commission, William Donaldson has warned that pressures on hedge fund managers to justify the high hedge fund feesby achieving higher returns could lead to problems in the […]
Citadel Hedge Fund may go Public
WEST PALM BEACH, FL (www.hedgeco.net) – The founder of Citadel Hedge Funds, Kenneth Griffin is said to be considering taking his $12 billion hedge fund into a different direction, as the search forreturns continues to pose a challenge to hedge […]
Dollar Slips against the Euro, Yen as market speculates on Hedge fund losses.
WEST PALM BEACH, FL (www.hedgeco.net) – The U.S.dollar has lost grounds in recent trading against major world currencies such as the Yen and Euro. The dollar trouble may have been started by rumorsabout hedge fund troubles. But analysts believe that […]
Germany should look for new ways to regulate hedge funds-Stock Exchange Boss says
WEST PALM BEACH, FL (www.hedgeco.net) – Rolf Breuer, the outgoing chairman of the Frankfurt stock exchange said yesterday that Germany should find ways to regulate the Hedge fund industry. Accordingto him, Germany should look for new laws to help it […]
GLG Hedge Fund Not Worried About Rumors of its financial difficulties
WEST PALM BEACH, FL (www.hedgeco.net) – The London based hedge fund managers said yesterday it is not worried about rumors of its financial troubles. The firm said it doesn�t make comments about itsindividual trading positions, Nicola Hobday, spokeswoman for GLG […]
Hedge Fund Rumors led to Wall Street Selling
WEST PALM BEACH, FL (www.hedgeco.net) – Wall Street Investors went into panic mode selling yesterday on Delta Airlines warnings arising from further increases in crude oil prices. Stocks droppedsharply on Tuesday following Delta Airlines warnings of possible bankruptcy. There is […]
Are fixed income analysts under pressure
WEST PALM BEACH, FL (www.hedgeco.net) – The Securities and Exchange Commission Chairman, William Donaldson has raised questions whether the fixed-income securities analysts are facing pressuressimilar to those faced by stock analysts during the technology boom of the 1990�s. Donaldson raised […]