Yearly Archives: 2005
Cayman Chapter of Hedge Funds Care joins international youth charity
In 1988 the hedge fund industry professionals first established Hedge Funds Care, a charitable organisation focused on assisting young victims of abuse. Since that time, chapters have opened in New York, San Francisco, Dallas, Chicago, Atlanta, Toronto and as of […]
Hedge Funds May Be Stung by Losses in October
Some of the year’s best-performing hedge funds are nursing big losses for October, stung by reversals in energy stocks, takeovers and investments overseas. Some large hedge fund managers are facing losses of 5 to 10 percent for the month, according […]
Section 409A Proposed Regulations Effect Hedge Fund Fee Arrangements
Introduction On September 29, 2005, the Treasury Department and Internal Revenue Service (the “IRSâ€Â) published Proposed Regulations under Section 409A of the Internal Revenue Code (“Section 409Aâ€Â). The Proposed Regulations reaffirm the IRS’ position in Notice 2005-1, that beginning on […]
Hedge funds no riskier than other funds – Reuters.uk
LONDON (Reuters) – The risks hedge funds pose to markets and confidence are no higher than in traditional asset management and overregulation could drive the industry away from Britain, an industrybody said on Thursday. Britain is the most popular destination […]
Hedge fund fraud much higher in US – CNN
NEW YORK (CNN/Money) – While becoming a successful hedge fund manager in the United States is tough, virtually anyone can give it a shot, provided they’ve got a handful of startup capital and a Bloomberg terminal. That ease of entry […]
Peacock agrees $731 mln management buyout
LONDON, Oct 31 (Reuters) – British budget clothing retailer Peacock Group Plc (PEA.L: Quote, Profile, Research) will announce on Monday it has agreed a management buyout which values the company at 410 million pounds ($731.1 million), the Financial Times reported. […]
Asset managers eyeing hedge funds
DUBAI  Hedge funds are now firmly on the radar of even the most conservative of asset allocator, said Sandy Shipton, head of asset management and fund registration, DIFC Authority, at the 8th annualHedge Funds World, Asia 2005, conference in […]
Trendless forex market turning hedge funds off for now – Reuters.uk
(Reuters) – Rangebound trading in major currencies this year is keeping hedge funds away from the forex market but turnover is on the rise on inflows from central banks and corporates, the head ofspot trading at Societe Generale said on […]
UK Hedge Fund Trader Under Investigation – Forbes
Remember The Bonfire of the Vanities? We’re not talking about that time in 1497 when grumpy Dominican friar Girolamo Savonarola collected and publicly torched a bundle of sinful objects in Florence–such as cosmetics, mirrors and splendid dresses, but Tom Wolfe’s […]
Hedge funds reject tougher regulation – Financial Times
A trade body representing British and European hedge funds has rejected any suggestion of tougher regulation by the Financial Services Authority. Today sees the end of a four-month consultation period in which interested parties could respond to two discussion papers […]
Refco had ‘life threatening’ troubles in 1990s-WSJ
(Reuters) – Bankrupt brokerage Refco Inc. faced “life threatening” financial and regulatory problems in the late 1990s as customers began racking up trading losses, the Wall Street Journal reported,citing a fax sent to Refco’s former chairman by an associate who […]
AIMA Responds to Hedge Fund Discussion Paper
LONDON, 27TH October 2005 — The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment industry association, today issued its response to Discussion Paper DP05/4, “Hedge funds: A discussion of risk and regulatory engagementâ€Â, issued by […]
