Monthly Archives: May 2007
British Empire ups stake in RAB Special Situations
Reuters- Top-performing British Empire Securities & General Trust has upped its stake in listed hedge fund RAB Special Situations because it believes it is a cheap way to gain exposure to mining stocks. According to a regulatory filing, the 834 […]
Higher Taxes Wouldn’t Have Big Impact on Hedge Funds
CNBC- The top 100 hedge funds control $1 trillion in assets and their managers make “staggering” salaries. Should they be taxed? Michael Peltz, executive editor of Alpha Magazine, and Gary Weiss, author of “Wall Street Versus America,” took up the […]
Hedge Fund Registration: No Silver Bullet
CNBC- The effort to require hedge funds to register just doesn’t die. After the court struck down the Securities and Exchange Commission’s mandate to require registration, Sen. Charles Grassley picked up the torch. But Senator, consider the comments of the […]
Hedge Fund Office Opening In Zunich
Hedge fund service provider Cantor Fitzgerald today announced the opening of a new office in Zurich, Switzerland, further expanding its global footprint within the world’s financial markets. The new office is based in the heart of Zurich’s financial district at […]
Missing billions in Iraq fueling private equity and hedge funds?
India Daily- No one knows where the private equity and hedge funds got billions to fuel the stock market and the commodity markets. It is also interesting to note that Members of Congress demÂÂanded on Tuesday that the Bush administration […]
Deutsche Bank CEO Defends Hedge Funds
MSN MoneyCentral – FRANKFURT, Germany (AP)- Hedge funds and private equity firms should take an active role in the companies in which they are invested and should not be criticized for doing so,Deutsche Bank AG’s chief executive said Tuesday. Investors […]
Renaissance hedge fund: Only scientists need apply
Reuters- Wall Street traders and analysts take note: don’t bother applying to work at Renaissance Technologies, the $30 billion (15 billion pound) hedge fund manager whose assets could reach $100 billion in coming years. The top-performing firm only hires scientists […]
The Greenwich Global Hedge Fund Index Up +2.04% in April
The Greenwich Global Hedge Fund Index, one of the world’s largest hedge fund databases, returned +2.04% in April, and +4.81% year-to-date. “Hedge funds continue to deliver solid returns, but with significantly less risk than equities,” notes Ben Rossman, General Manager. […]
HFR Launches Hedge Fund Report In Arabic
Chicago-based HFR Group L.L.C. today announced in a press release the publication in Arabic for the first time of its benchmark Quarterly industry report on the performance and size of the global hedge fund industry. HFR has long had a […]
AIMA Issues Revised Sound Practices Recommendations For Hedge Fund Managers
London 22nd May 2007. The Alternative Investment Management Association (AIMA) has today published its revised Guide to Sound Practices for European Hedge Fund Managers. The Guide – originally published in 2002 – considers various practical aspects of establishing and managing […]
Australia Qantas’ Jackson warns hedge funds pose risk to share price
Forbe- Qantas Airways Ltd chairwoman Margaret Jackson has warned that hedge funds holding large stakes in the flag carrier pose a massive risk to the stock price, the Australian newspaper reported. In her first public appearance since Airline Partners Australia’s […]
Private investors to have access to hedge funds
Proposals being considered by the Financial Services Authority (FSA) could give private investors access to hedge funds in the UK. Reports state that the watchdog is planning a consultation into whether or not to widen the scope of UK-based funds […]