Author Archives: the HedgeCo News Team
New Cogency Alternative Investment Software unveiled
WEST PALM BEACH, FL (HEDGECO.NET)- Cogency Software, Inc., a provider of Enterprise Solutions(TM) for the financial services industry, has introduced its latest trading software for hedge fundmanagement. The new product has been implemented at StoneHedge Partners according to the new […]
Rule 2790 Revisited – The Long Reach of the NASD
Special from Jay Gould and Scott Peterman, White & Case LLP SAN FRANCISCO, CA (HEDGECO.NET) – On October 24, 2003, the U.S. Securities and Exchange Commission (the �SEC�) approved Rule 2790 (�Rule 2790� or, the �Rule�) of the U.S. National […]
Man Investments to launch Hong Kong retail hedge fund
HONG KONG (HEDGECO.NET) – Man Investments is set to launch its new Hong Kong retail hedge fund. The new fund, Man Hedge Diversified, has been authorized for sale by the Hong Kong investmentregulator, the SFC. According to the release, the […]
Hedge Fund Investors Change Tactics according to new study
WEST PALM BEACH, FL (HEDGECO.NET) – With the current difficult hedge fund investment market, a new poll conducted by Reuters in conjunction with LJH has found that during the second quarter, hedgefund investors more closely screened their potential hedge fund […]
Hedge Fund fees under attack again as returns falter
WEST PALM BEACH, FL (HEDGECO.NET) – Lackluster performance by hedge funds recently has led some hedge fund critics to again raise questions about claims by hedge funds that they can deliver absolutereturns to investors. Since April, hedge fund returns have […]
Martin Currie closes new Japanese fund to new investors
WEST PALM BEACH, FL (HEDGECO.NET) – Martin Currie asset management has successfully launched its seventh hedge fund. The new Japanese focused Diajiro hedge fund was seeded with US$130 millionaccording to Currie. The new fund was subsequently closed to new investors […]
Greenspan may not convince Lawmakers on hedge fund regulation initiative
WASHINGTON, D.C. (HEDGECO.NET) – The Chairman of the Federal Reserve Bank, Alan Greenspan, has appeared numerous times before the US congressional committees in testimonies over the SEC�s proposalsto regulate the US based hedge funds. So far, such testimonies have not […]
Invesco Executives settle the mutual fund/hedge fund fraud charges
NEW YORK, NY (HEDEGECO.NET) – Three former executives of the Invesco Funds Group have settled the allegations brought against them by government regulators following the trading scandals that rockedthe mutual fund industry. The three men charged in the scandals were […]
New Canadian Hedge Fund offers 100% capital guarantee
WEST PALM BEACH, FL (HEDGECO.NET) – A new Canadian hedge fund with a 100% capital guarantee has been launched. According to a press release by Pro-Hedge Funds Inc., the new fund, the GIS Series 1 hasbecome the first hedge fund […]
SEC To Force Mutual Funds to stop excessive commission payout
WASHINGTON, D.C. (HEDGECO.NET) – The US Securities and Exchange Commission has ordered mutual fund establishments to stop paying excessive commissions to brokers for promoting the fund products ofthose firms. These are the continuing fallout from the mutual fund/hedge fund trading […]
Hedge Funds are here to stay Research director suggests
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge funds are here to stay according to Stephen van Eyk, the managing director of Van Eyk Research Company. According to him, despite all the discursion andnegative publicity, hedge funds continue to make their […]
High demand for hedge funds contributes to depress returns new Australian study says
WEST PALM BEACH, FL (HEDGECO.NET) – A new research conducted by Lonsec Research Group concluded that the high investor demand for hedge fund investment instruments could contribute to depressed hedgefund returns in future. However, the research was optimistic about hedge […]