Monthly Archives: June 2006
India-focused hedge funds under strategy spotlight
Reuters – Funds using a hedge fund banner to charge higher fees while only betting on India’s rising stock market are likely to come under the spotlight at a conference in Geneva later this month. About 20 hedge funds focus […]
Hedge Funds Star in a Picture We’ve Seen Before
Bloomberg – We’ve been down this road before. That’s the strong sensation that comes over me just about every time I happen upon some new status report on the growth and evolution of hedge funds. Don’t get me wrong — […]
European Central Bank sees Hedge Funds as Risky
WEST PALM BEACH, FL (HEDGECO.NET) – The European Central Bank (ECB) is warning traders that hedge funds have created a “major risk†to global financial stability. Franz Müntefering, who is the deputy German chancellor, described them as “locustsâ€Â. In an […]
Former UBS Manager to set New Hedge Fund Record
WEST PALM BEACH, FL (HEDGECO.NET) – Jon Wood is planning to raise up to $6 billion for a new hedge fund. If all goes as planned he will have set a record for the largest start up in the European […]
Aima Gives Financial Instrument Directive Warning
WEST PALM BEACH, FL (HEDGECO.NET) – Today, the Alternative Investment Management Association, AIMA, issued a clear warning to hedge fund managers not to drag their feet on implementing the Markets in Financial Instruments Directive (“MiFIDâ€Â). MiFID, which is due to […]
Inside Wall Street\’s Culture Of Risk
BusinessWeek – On the 31st floor of a skyscraper overlooking Times Square one recent spring day, a dozen or so of Lehman Brothers Inc.’s (LEH ) top executives filed into a conference room to run through risks, relive past financial […]
Fimat to stay with hedge funds in emerging markets
Reuters – Hedge funds will not walk away from the potential of emerging markets despite the recent rout, and neither will the banks who facilitate their trading, FIMAT International’s head of primebrokerage told Reuters. Banks’ prime brokerage divisions offer custody, […]
That Hedge Fund May Be More Than a Flash in the Pan
New York Times -CAN hedge funds beat the market? Many of them do so for short periods, of course, but a number of academic studies have generally found that such market-beating funds rarely stay at the top of the rankings […]
Don’t panic when faced with a fund slump
Asbury Park Press – Nothing chills congenial feelings between a money manager and his investors faster than a cold streak. Years of admiration and satisfaction can fade in an amazingly short time when the manager’s performance falters … even if […]
Vilified by some, activist investors promote market efficiency
Greenwich Time – In the buttoned-up world of Wall Street, some of the most entertaining reading emerges from the regulatory filings of hedge fund activists. Take the recent musings of Stamford-based Dolphin Limited Partnership in its unsuccessful quest to oust […]
Dow Jones Indexes to change Dow Jones Target Date Series
WEST PALM BEACH, FL (HEDGECO.NET) – Dow Jones Indexes, a leading global index provider, today announced a change to the Dow Jones Target Date Index series, the first of its kind that seeks to measure the performance of balanced and […]
Bayou Bankruptcy
WEST PALM BEACH, FL (HEDGECO.NET) – The Connecticut-based hedge fund, Bayou Group, filed bankruptcy in the United States Bankruptcy Court in New York under a Chapter 11 petition. They listed morethan $100 million in assets and an equal amount in […]