Monthly Archives: September 2005
Hedge fund know-how best left to the pros – Globe and Mail
www.globeandmail.com – When it comes to the complex world of hedge funds, leave the homework and due diligence to the professionals. “The retail investor does not really have the know-how,” said Claude Porret, a member of the hedge fund ventures […]
Hedge Fund-Run Brokerage Is No Rarity – TheStreet.com
www.TheStreet.com It’s a bit late in the game for the wealthy investors allegedly fleeced by Bayou Management, but securities regulators have moved to shut down the scandal-tarred hedge fund’s affiliated brokerage firm. On Sept. 8, two weeks after news broke […]
Hedge Funds in Frame As Pilks is Hit By Big Sell-Off
MARKET REPORT – Evening Standard; London (UK) THE cracks are starting to appear at Pilkington. Britain’s biggest glassmaker was one of the biggest casualties among second- liners yesterday, losing about 6% of its value as more than 34 millionshares changed […]
Fraud allegations draw scrutiny to hedge funds
STAMFORD, CONN. – The Jewish Federation of Metropolitan Chicago prides itself on international philanthropy and how efficiently and effectively it spends money. But these days the federation is fighting to recover more than $4 million invested in an offshore fund […]
U.S. prime brokers develop credit derivatives fix
NEW YORK, Sept 22 (Reuters) – Major Wall Street banks have come up with what they and some hedge fund managers say is a potential solution to a backlog in credit derivatives paperwork that has vexed the Federal Reserve Bank […]
SEC Announces Addition of CAIA Program to Hedge Fund Training
The Securities and Exchanges Commission announced that the Chartered Alternative Investment Analyst Association’s educational program will be added to their internal hedge fund trainingsystem. In a speech given to the Securities Industry Association at their “Hedge Funds & Alternative Investments […]
Pension Fund managers want to push down hedge fund fees
WEST PALM BEACH, FL (www.hedgeco.net) – Pension fund managers across the world expect the fees they pay to hedge fund managers to fall; senior industry leaders believe such reduction may be warranted partly due to the poor performance of hedge […]
Rydex Investments launches two hedge fund like mutual funds
WEST PALM BEACH, FL (www.hedgeco.net) – The New York based asset manager, Rydex Investments has launched two new mutual fund vehicles that will offer investors hedge fund like trading strategies. According to officials of Rydex, the two new portfolios will […]
Two Chicago area Hedge Funds suffer big losses from energy trades
WEST PALM BEACH, FL (www.hedgeco.net) – Two Chicago area hedge funds suffered significant losses from energy trades, according to people familiar with the situation. Citadel Investment Group LLC, one of the largest hedge fund managers, lost nearly $150 million from […]
Hedge Fund assets projected to grow at an annual rate of 15 percent through 2008
WEST PALM BEACH, FL (www.hedgeco.net) – New released research conducted by TowerGroup reveals the combined hedge fund assets of both single hedge funds and fund of funds will grow at anannualized rated of 15 percent between 2005 and 2008. Such […]
Hedge Fund managers increasingly pursue risk premium strategies to boost returns
WEST PALM BEACH, FL (www.hedgeco.net) – As trading opportunities decline in the markets, hedge fund managers have increasingly turned to trading risk premiums and alternative betas to generateabsolute returns for their investors. According to Ian Morley, the chief executive of […]
US Hedge Funds to assist in tackling malaria emergency in Africa
WEST PALM BEACH, FL (www.hedgeco.net) – Lance Laifer, a US businessman with affiliation to the US Hedge fund industry, once saw a program on the Charlie Rose show and heard a UN advisor, Dr.Jeffrey Sachs discussing the menace of malaria […]