Author Archives: the HedgeCo News Team
Dow Jones & Company Launches Wealth Manager System
WEST PALM BEACH, FL (HEDGECO.NET) – The Dow Jones & Company announced the launching of its �Wealth Manager� solution, an effort to capture some of the action from alternative investments, such ashedge funds. The new product, according to the press […]
US Stock Funds took $30.5 billion for February
WEST PALM BEACH, FL (HEDGECO.NET) – Investors pumped up US stock mutual funds in February, according to estimated data provided by Lipper Inc. Such inflow was however smaller than January inflows.Seasonal factors may have helped to boost the January data […]
Some Funds Still Trying to Avoid Accountability, SEC says
WEST PALM BEACH, FL (HEDGECO.NET) – Some members of the US Mutual fund industry are still trying to avoid accountability following the scandals which rocked the mutual fund industry and alsoimplicated some hedge fund firms as well. The head of […]
Financial Planners may Increase Hedge Fund Portfolios
WEST PALM BEACH, FL (HEDGECO.NET) – According to published reports, some of the new hedge fund regulations will mandate that hedge funds be required to register with the SEC. Such registration wouldimply that all hedge fund advisers would be automatically […]
Chairman of National Association of Pension Funds says Hedge Fund Industry is Unstable
WEST PALM BEACH, FL (HEDGECO.NET) – Chris Hitchen, the new Chairman of the National Association of Pension Funds said the hedge fund industry is �inherently unstable.� According to him, �this may bethe greatest limited factor in determining the eventual size […]
German Regulator Gives Approval for First Two Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – The German Financial markets regulator, BaFin has given its approval to Germany�s first two hedge funds, to be marketed to German investors. A unit of DeutscheBank, DWS has been given the approval to begin […]
GMM Hedge Fund Acts Called a Fraud
WEST PALM BEACH, FL (HEDGECO.NET) – Charles La Bella, a court appointed receiver for the collapsed GMM hedge fund company, told reporters after a court hearing last week that fraud was the root causeof the collapse of the hedge fund […]
New VIP Hedge Fund of Funds Launched
WEST PALM BEACH, FL (HEDGECO.NET) – A European asset management company has launched a new hedge fund product. The new product, known as VIP fund, was unveiled by Charlotte Square, a veteran fundmanager. The VIP is an acronym which stands […]
SAGA Investments to Offer New Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – SAGA Investment management company has joined hands with RAB Investments to offer hedge funds. According to a released statement, the new funds are designed toprotect investors from falling markets; such strategy involves �short selling� […]
Hedge Fund Company Makes its Trading Debut at London Stock Market
WEST PALM BEACH, FL (HEDGECO.NET) – RAB Capital, a multi-strategy hedge fund company made its trading debut at the AIM stock market. The fund is owned by London Stock Exchange, according to publishedreports and the RAB stock held its own […]
Pension Fund Manager Sets Code of Ethics for Advisors and Fund Managers
WEST PALM BEACH, FL (HEDGECO.NET) – The largest pension fund manager in the United States has established a code of ethics for advisors and fund managers following the recent trading scandals. TheCalifornia Public Employees Retirement System [CalPERS] released a statement […]
Harvard University to Cap Fund Manager’s Compensation
WEST PALM BEACH, FL (HEDGECO.NET) – The Harvard University authorities have made a decision to reduce the compensation of its fund managers, according to a new released statement. Several members ofthe University Alumni have recently criticized what they characterized as […]