Yearly Archives: 2005
Basel bank chief urges more hedge fund transparency
(Reuters) – The world’s leading banking regulator called for more transparency in hedge funds, saying banks needed to control just how much potential risk they faced when dealing with thecontroversial industry. Jaime Caruana, Chairman of the Basel Committee on Banking […]
Hedge fund sector helps Cayman’s children
Cayman’s hedge fund community rallied together this month in support of a new Cayman charity formed to eradicate and assist the victims of child abuse. At a benefit dinner held on 3 November at the Grand Old House, a net […]
Could hedge funds hurt the U.S.?
(CNNMoney.com) – Do hedge funds harm or help the economy? That question was raised recently not by concerned regulators or central bankers but by one of the most famously successful hedge fund managers in the world. Speaking at a forum […]
Oil investors facing hedge fund talent crunch
SINGAPORE, Nov 22 (Reuters) – Big-money investors aiming to profit from volatile energy prices are facing an unexpected obstacle: a dearth of experienced managers and traders in the fund industry, a conference heard on Tuesday. The shortage of trusted trading […]
Judge drops charges against ex-CIBC exec ‘
NEW YORK — A state judge dismissed charges Monday that were filed against a Canadian Imperial Bank of Commerce official who had been accused of aiding an improper trading scheme that stole more than$2 million from two mutual funds. State […]
Dollar May Gain After Fed\’s Moskow Signals More Rate Increases
(Bloomberg) — The dollar may rise for a second day against the euro after Federal Reserve Bank of Chicago President Michael Moskow said more interest-rate increases may be needed. The U.S. currency has gained almost 16 percent versus the euro […]
US pension accounting shift
MSNBC – Proposed changes to pension fund accounting in the US are likely to prompt a shift of investment away from equities and into bonds while speeding the demise of defined-benefit plans,according to investment experts. The accounting changes under consideration […]
Refco highlights Man Group
Pittsburgh Post-Gazette – Stanley Fink has already transformed United Kingdom-based Man Group PLC from a stodgy commodities trader — it once supplied rum rations to the British Navy — into one ofthe world’s biggest hedge-fund companies. Now he is hoping […]
BET Founder Is Moving On To Hedge Fund
Robert L. Johnson, who became a billionaire after selling Black Entertainment Television, is starting a hedge fund venture with Deutsche Bank with the aim of developing the largest money management firm owned by black Americans, he said yesterday. Mr. Johnson, […]
Index for the smart, hedge for the stupid
Financial Standard – Monday, 21 Nov 2005 12:18PM – LA-based investment theory and practice guru Rex Sinquefield entertained, enlightened and provoked the audience at the FPA conference last week when he questioned returns made by hedge funds and called those […]
Are Your Pension Clients Up to the Challenge?
Editor’s Note: Given the importance of pension investors to the hedge fund market, we invite readers to learn more about the challenges faced by fiduciaries. In a newly released article, Dr. Susan M. Mangiero talks about the Six L’s and […]
Flagship hedge fund helps Man reap 59% profit surge
Times Online – MAN GROUP, the world’s biggest hedge fund manager, is sucking in $19 million (£11 million) of new business a day after a sparkling performance from its flagship“black box†hedge fund. London-based Man, which yesterday reported a 59 […]
