Author Archives: the HedgeCo News Team
NASD Task Force Takes Aim at Hedge Funds
The NASD Mutual Fund Task Force (the �Task Force�) recently issued its report on and recommendations with respect to the use of soft dollars and disclosure of transaction costs. The report can beread in its entirety on the NASD website. […]
Assets of Top 50 Hedge Funds Soar to new heights
WEST PALM BEACH, FL (HEDGECO.NET) – The total investment assets of the worlds top multi-manager hedge fund companies have surged to new heights, according to a new published study. Alpha magazine�snew released data, shows that the total managed assets of […]
Tremont says Hedge Funds gained $25.1 billion during the third quarter
WEST PALM BEACH, FL (HEDGECO.NET) – The hedge fund industry gained $25.1 billion of new investor assets during the third quarter of 2004, according to a Tremont report. These assets were slightlylower than the assets attracted in the previous two […]
Hedge Funds not a cure for investment woes senior World bank official says
Hedge funds are not a magic cure for investment woes according to a senior World Bank official. Graeme Wheeler, vice president and treasurer at the World Bank, told an ICBI financial conference thatPension funds as well as endowments mistakenly think […]
Hedge Fund returns affected by possible imbalance between supply and demand
Hedge fund performance in 2004 may go down as the worst return seen by the hedge fund industry since such records were widely watched by investors. Jonathan Hook, chief investment officer of BaylorUniversity, told attendees at the International Centre for […]
Leverage seen steady as Hedge fund managers face pressure to make money
WEST PALM BEACH, FL (HEDGECO.NET) – As the year 2004 draws to a close many hedge fund managers are facing increasing pressure to make money for investors in a year marked by lackluster returns.However, the level of hedge fund borrowing […]
New SEC hedge fund law may negatively impact smaller managers
The new hedge fund law recently passed by the SEC may become a hurdle for smaller hedge funds. The new law may freeze smaller hedge fund managers out of the boom in the hedge fund asset management,according to senior hedge […]
Hedge Funds more open about investment strategies
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge funds are now more eager to provide details about their investment methods and strategies, in light of the growing number of traditional investors interestedin their products. According to a Reuter�s news report, this […]
More Banks now offer Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – A growing number of banks and banking institutions are beginning to include hedge fund portfolios in their list of products offered to their customers. Accordingto published reports, banks such as Citigroup, Wachovia Corp., Bank […]
Hedge Funds becoming more active in traditional lending
WEST PALM BEACH, FL (HEDGECO.NET) – Due to flat markets, many hedge funds now sit on heavy amounts of cash, but many are now diving into the traditional money lending business according to JeffreyPeek, president and chief executive of CIT. […]
Julius Baer unveils new single manager Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – Julius Baer has announced that it is launching a new single strategy hedge fund. The new product is an innovative absolute-return fund geared towards private andinstitutional investors. The fund has a unique combination of […]
Mark Richardson Departs Commerzbank for Hedge Fund management
WEST PALM BEACH, FL (HEDGECO.NET) – Mark Richardson has announced he is leaving his employer the Commerzbank to begin a new hedge fund career. Richardson was the global head of derivatives atCommerzbank Securities. He has a combined experience of 15 […]