Author Archives: the HedgeCo News Team
NRS Releases AML Compliance Kit
LAKEVILLE, Conn. (HedgeWorld.com) – National Regulatory Services has released its own anti-money laundering compliance kit to help hedge funds and investment advisers keep up-to-date on the recentdevelopments in the pertinent Treasury, Securities and Exchange Commission and National Association of Securities […]
Pragmatech Software of Amherst, Ohio, Raises Venture Capital Funding
Jun. 12–AMHERST, Ohio–Pragmatech Software has raised $12 million in venture capital funding, the company announced Wednesday, but it took a different path than many software companies. During the high-technology boom, when companies were taking seed money from venture capitalists and […]
“A Slap on the Wrist Won’t Work- How to Get Analysts Accountable” – Chris Tarrach, Tarrach Holdings
The recent media and public outrage over conflicts of interest between analysts, investment bankers and their respective clients has captured the headlines in the past year. A record $1.4 billionfine was slapped on ten of Wall Street�s largest houses recently […]
HVB Report: Expect Growing Hedge Fund Concentration
MUNICH, Germany (HedgeWorld.com) – An “activity report” published by the alternatives unit of HVB Group identifies a number of major trends in hedge funds, both on the investor and the manager sideof the industry. “Hedge funds will become mainstream within […]
Citco Adopts Richcourt as Fund Management Unit Name
NEW YORK (HedgeWorld.com) – Citco Group rebranded its hedge funds of funds operations as Richcourt Group, which previously was the name for just its funds. Richcourt Group, which manages US$1.2 billion, stands alongside Citco’s other major divisions, Citco Fund Services, […]
Colorado Entrepreneurs Hope to Tap Funds of Gun-Shy Investors
Jun. 11–There was a day when life for the entrepreneur seemed too good to be true, when it seemed like any idea scrawled on a cocktail napkin could find funding in 30 days. Today, gun-shy venture capitalists are more closely […]
Local firm raises $10 mil. in new capital
In a venture capital market many entrepreneurs have left for dead, local technology upstart Sarvega Inc. will announce today that it raised $10 million in fresh capital. The second round of financing was led by InterWest, a prestigious VC firm […]
Involving Bumis in ICT, NEW STRAITS TIMES-MANAGEMENT TIMES
xfdws INVOLVING-BUMIS sked Emerging Markets Datafile June 09, 2003 NEW STRAITS TIMES-MANAGEMENT TIMES MALAYSIA ENGLISH Involving Bumis in ICT, NEW STRAITS TIMES-MANAGEMENT TIMES Sharifah Kasim ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 BY […]
More Financial Advisers Adding Computer-Managed Custom Funds
Jun. 10–Custom mutual funds, created with software, attract wealthy investors — and vehement critics. The hottest trend in the financial-services industry has plenty of foes. Vanguard founder John Bogle attacked it in a speech last year as overpriced and oversold. […]
New Index of Indexes Unveiled
LONDON (HedgeWorld.com) – Professor Lionel Martellini last week at a conference in London presented his work on creating an alternative index made up of existing hedge fund indexes. Mr. Martellini, a professor of finance at the University of Southern California, […]
Arrow Hedge Extends Sale of Guaranteed Notes
TORONTO (HedgeWorld.com) – Arrow Hedge Partners Inc. will now sell the Arrow Multi-Strategy Hedge Notes Series I until June 20, according to a recent announcement from the company. The offering period was extended last week. Originally, the first note series […]
Soros Reducing Investments In Russian Projects
MOSCOW. June 9 (Interfax) – Prominent American financier and philanthropist George Soros will reduce investments in his programs in Russia starting next year. Speaking at the Interfax main office on Monday, Soros said these investments will on average be no […]