Monthly Archives: June 2005
Ohio Compensation Bureau to liquidate two Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – The Ohio Bureau of Workers’ Compensation said it will liquidate two of its hedge funds bringing to an end investments in such strategy according to companystatements. The two funds are worth about $540 million […]
Fixed fees unhealthy for Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – Tony Morrongiello, a long time hedge fund manager for Caliburn Capital Partners said,� That fixed fees for hedge fund managers may be unhealthy for the growingindustry by robbing fund operators of performance incentives.� According […]
Worst start ever for Convertible bond arbitrage
WEST PALM BEACH, FL (www.hedgeco.net) – Convertible bond arbitrage hedge fund strategy is facing its worst start ever for the first five months; the strategy has lost 6.73 percent during the firstfive months of 2005. According to published reports, GLG […]
Imperium forms new institutional alternative investment management firm
WEST PALM BEACH, FL (www.hedgeco.net) – Imperium Partners Group, LLC said yesterday that it has launched a new institutional asset management company; the new company according to released reportswill offer a wide array of alternative investment management products with varying […]
Aman Capital Management returning money to its investors
WEST PALM BEACH, FL (www.hedgeco.net) – Aman Capital Management Pte Ltd., of Singapore has confirmed it is returning investor money in its main hedge fund back to its holders. According to publishedreports, the fund is in the process of liquidating […]
GLG Partners to repay investors about $1 Billion
WEST PALM BEACH, FL (www.hedgeco.net) – GLG Partners, one of the leading hedge fund managers in London is to repay investors nearly $1bn (�550m) after poor performances in some of its main funds. Thefirm is currently under pressure following the […]
Hedge Fund asset Growth and Compliance issues create opportunities for Lawyers
WEST PALM BEACH, FL (www.hedgeco.net) – Since the SEC�s introduction and passage of hedge fund laws, in addition to the massive growth which has been occurring in the hedge fund industry, lawyersspecializing in hedge fund areas have seen the demand […]
FSA says it isn’t poised to liberalize retail Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – The Financial Services Authority (FSA) said it is not freeing up direct UK mass-market sales of hedge funds. Some recent media reports stated that the UKregulatory agency is poised to open up hedge funds […]
State Street to boost its Hedge Fund Services
WEST PALM BEACH, FL (www.hedgeco.net) – State Street Corp. announced its plans to increase its commitment to hedge fund services in a bid to increase its own share of the business of hedge fundswhich has seen a larger proportion of […]
US opposes German Hedge Fund regulation proposals
WEST PALM BEACH, FL (www.hedgeco.net) – The U.S. Treasury Secretary, John Snow has clearly stated the U.S government�s opposition to the proposals of German Chancellor Gerhard Schroeder to push forthe international regulation of hedge funds when G8 leaders meet next […]
Marin Capital Hedge Fund to shut down
WEST PALM BEACH, FL (www.hedgeco.net) – Marin Capital Partners is shutting down according to company reports. The firm sees few opportunities in the convertible arbitrage and credit arbitragestrategies, its core trading strategies. The hedge fund company once oversaw about $2 […]
Hedge Funds now control 3.8 percent of UK Equity Market
WEST PALM BEACH, FL (www.hedgeco.net) – Hedge Funs now own about 3.8 percent of the equity markets of the United Kingdom according to new reports from State Street Global Advisors. Rick Lacaille,State Street Global Advisors European chief investment officer said, […]