Monthly Archives: June 2006
Dow Jones Indexes to Launch Blue Chip BRIC Index
WEST PALM BEACH, FL (HEDGECO.NET) – Dow Jones Indexes, a leading global index provider, today announced that it will expand its existing index family by launching the Dow Jones BRIC 50 Index, a blue-chip index measuring the performance of the […]
Yorkville Advisors Hires Former SEC Branch Chief
WEST PALM BEACH, FL (HEDGECO.NET) – Yorkville Advisors, LLC, a firm engaged in providing financing solutions to growing companies in the small-cap sector worldwide, today announced that it has hired Eric Hansen as Senior Legal Counsel. Mr. Hansen, 43, reports […]
Hedge Fund solutions by Credit Suisse and Paladyne Systems
WEST PALM BEACH, FL (HEDGECO.NET) – Paladyne Systems LLC, a solutions provider for the hedge fund industry, announced a strategic alliance with Credit Suisse to deliver a partnership that allows Credit Suisse clients to access both the Paladyne technology platform […]
Former Ohio State Official Pleads Guilty
WEST PALM BEACH, FL (HEDGECO.NET) – Terrence Gasper, the ex-state official, has pled guilty in Franklin County Common Pleas Court to charges he traded investment opportunities for gifts. Prosecutors say Terrence Gasper is charged with a felony count of violating […]
Russian Hedge Funds see Record Money
WEST PALM BEACH, FL (HEDGECO.NET) – The E.U. and U.S. hedge fund markets have seen some recent fluctuation in reliability in the past weeks, but Emerging Markets are still doing remarkably well. Investors are still investing in BRIC, (Brasil, Russia, […]
Atticus Hedge Fund Likes MasterCard
TheStreet.com – Hedge fund Atticus Management is shifting its attention to credit cards and airplanes. The $12 billion fund led by Timothy Barakett disclosed Monday that it has acquired 5.1% equity stakes in both MasterCard (MA:NYSE – commentary – research […]
Global stocks, bonds as good as hedge funds
Reuters – The hedge fund industry may promise top returns in all market conditions, but often a well balanced portfolio of international and U.S. stocks and bonds can deliver similar results for lessmoney, a study released on Tuesday shows. Over […]
Italy May unit trust prelim net outflow 5.2 bln eur vs outflow 1.24 bln in April
Forbes – Italy’s unit trust funds had a net outflow of 5.2 bln eur in May, against a net outflow of 1.24 bln in April, said Assogestioni fund managers association in a preliminary estimate. Equity funds had a net outflow […]
Institutional investors must face challenges posed by hedge fund operational risk
Institutional investors need to focus more on operational risk processes when choosing hedge fund managers, according to new research. The full report commissioned by The Bank of New York in conjunction with Amber Partners: Hedge Fund Operational Risk: Meeting the […]
SEC moves on Ponzi Scheme
Boston Herald – Federal regulators yesterday moved to freeze the assets of a Wakefield hedge-fund manager who allegedly engaged in a Ponzi-like scheme that included diverting $11.5 million in client funds to a firm he co-founded with a college pal. […]
Foundation For Managed Derivatives Research Appoints Damian Handzy To Board Of Directors
WASHINGTON, D.C., June 6, 2006 — The Foundation for Managed Derivatives Research (FMDR) announced today that Damian Handzy has been appointed to serve on its Board as a director. Mr. Handzy joins the FMDR Board to replace Randy Warsager, who […]
The Long And Short Of Hedge Funds
Motley Fool UK – Hedge funds are supposed to make money for their investors regardless of market conditions, right? But all is not well at the moment. In May, hedge fund managers reportedly gave up about half of this year’s […]