Monthly Archives: May 2005
CFTC Economists say-Don’t Blame Hedge Funds for High Oil Prices
WEST PALM BEACH, FL (www.hedgeco.net) – Hedge funds have always been blamed when things go wrong in the markets, for instance hedge funds have been blamed for the skyrocketing oil prices. Buteconomists from the Federal Commodity Futures Trading Commission {CFTC} […]
SEC to investigate Wellington’s stock allocations to Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – The Boston based money manager, Wellington Management Co, is facing the US Securities and Exchange Commission inquiry, into its methods of allocation of stocks tohedge funds. The inquiry is to examine if Wellington authorities […]
CSFB/TREMONT Index to exceed US $2 billion in assets
WEST PALM BEACH, FL (HEDGECO.NET) – CSFB has announced that products linked to the CSFB/Tremont Hedge Fund Index have experienced a significant growth in assets. According to a new press release,such assets will reach US $2 billion on June 1, […]
CSFB/Tremont Investable Hedge Fund Index to exceed US$2 billion in assets through index-linked product sales
NEW YORK, NEW YORK (HEDGECO.NET) – CSFB is pleased to announce that products linked to the CSFB/Tremont Investable Hedge Fund Index will exceed the US$2 billion mark on June 1 in total assets throughthe sale of index-linked products. �Exceeding the […]
Stock Hedge Funds gain 7% in April
WEST PALM BEACH, FL (HEDGECO.NET) – The three biggest stock hedge funds did well in April, according to new released reports. William Von Mueffling, Jim Pallotta, and Lee Ainslie, had gains of about7% in April; such return easily beat the […]
SEC to investigate another Hedge Fund activity
WEST PALM BEACH, FL (HEDGECO.NET) – The Securities and Exchange Commission [SEC] is seeking information from hedge fund investments in the so-called �PIPE transactions�. According to reports from DowJones Newswire, an unidentified SEC spokesman said, �It’s an area where we’ve […]
SEBI Study Group in favor of Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – The study group on hedge funds created by the Securities and Exchange Board of India [SEBI] has recommended that hedge funds should be allowed to operate in India.Such a recommendation was made on the […]
Dublin challenging Caribbean as a major Hedge Fund center
WEST PALM BEACH, FL (HEDGECO.NET) – Dublin is challenging the Caribbean centers as a competitor for hedge fund activities. According to news reports, Dublin is now home for over 100 hedge funds,which are currently domiciled in that jurisdiction. Traditionally, many […]
KE Absolute launches an early-stage Fund of Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – KE Absolute, a hedge fund services specialist, has launched an early-stage hedge fund. According to the report, the new fund is dedicated to investing inearly-stage Asian hedge funds. The launching of this new product […]
Number of Hedge Fund companies in Singapore double in 18 months
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge funds are marching ahead with growth in Asian countries, particularly in Singapore. According to the Monetary Authority of Singapore [MSA], there are now atotal of 54 hedge funds operating in the country. That […]
Deutsche Asset Management to offer Leveraged Fund of Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Deutsche Asset Management Company [DeAM] has announced a plan to offer leveraged funds of hedge funds. The new deal was reached with Tricom Equities, according topublished reports. Tricom Equities will also be involved with […]
Asia in need of high-quality Hedge Fund managers
WEST PALM BEACH, FL (HEDGECO.NET) – There is a growing need for experienced hedge fund managers in Asia, according to a statement made by an official of Credit Suisse First Boston [CSFB]. Today thereis a shortage in Asia of hedge […]