Monthly Archives: September 2007
London shares open firmer; NY closes higher; Northern Rock gains
CNBC- Leading shares opened firmer as Wall Street closed higher with Northern Rock a major gainer in the blue chips on reports of a bid approach from Spanish businessman Jose Maria Ruiz-Mateos and that the group is opening its books […]
600 Energy and Environmental Hedge Funds Now Listed
West Palm Beach (HedgeCo.Net)- The Energy Hedge Fund Center, LLC has announced that it is now tracking over 600 energy and Recent trends include the growth of carbon and environmental energy funds and, as the total universe of energy hedge […]
Yale University Fund Earns 28 Percent, Best Return Since 2000
Bloomberg- Yale University, the third-oldest U.S. college, generated its highest annual investment return in seven years, gaining 28 percent as global stock markets, hedge funds and buyout funds soared. Yale’s assets swelled to $22.5 billion in the 12 months ended […]
Tax Law Revisions May Slap Reinsurers, Hedge Funds
NY Sun- Eyeing new sources of revenue, the Senate FinanceCommittee is considering legislation that would close what some say are loopholes in the law that allow reinsurance companies and hedge funds to avoid taxes by setting up headquarters offshore.The panel […]
Hedge Funds in Hollywood
Slate- Popular culture, which is created by some of the least business-savvy people on the planet, has always been slow to latch onto business and economic trends. The covers of large-circulation magazines are a good contrary indicator. And TV, movies, […]
Fairfield Greenwich Group Adds Partner and Head of Global Sales
September 26, 2007 – Fairfield Greenwich Group (“FGGâ€Â), a global alternative asset management firm with over USD $15 billion assets under management, today announced that it has added a senior professional to its team at the hedge fund specialist’s Madrid […]
Barron’s 400 Index To Serve As Basis Of Structured Note
New York Sept. 26, 2007 Dow Jones Indexes, a leading global index provider, today announced the Barron’s 400 Index will serve as the basis of a structured note issued by Morgan Stanley. This is the first time the recently launched […]
Hedge Funds Backup Habitat For Humanity
West Palm Beach (HedgeCo.Net)- An initiative by the hedge fund community to provide New York City families with home ownership opportunities through Habitat for Humanity NY, has announced the launch of a campaign called Hedge Funds for Habitat. Most immediately, […]
Bear Stearns Hires New Hedge Fund Manager
West Palm Beach (HedgeCo.Net)- Bear Stearns today announced new additions to their staff, among others, Douglas C. Stern, a senior managing director and industry veteran who will help manage the prime brokerage sales team focused on the firm’s largest hedge […]
Majority of hedge funds say ’08 U.S. recession likely
Reuters- A majority of hedge fund managers say a U.S. recession is “very likely” in 2008, but fewer than one in five said an economic slowdown would be bad for their funds, a survey ofseveral-hundred hedge fund managers released on […]
U.S. Aims to Limit Funds
Washington Post – The Treasury Department yesterday assembled two blue-ribbongroups that will explore ways to minimize the risks associated with hedge funds, the latest step to promote accountability in the $1 trillion sector without restricting its growth. Hedge funds are […]
Treasury Panels to Study Hedge Funds
Newsday – The Treasury Department on Tuesday announced the formation of two advisory groups to develop recommendations for a set of “best practices” for the operation of hedge funds, the giant pools of capital that were heavily involved in the […]