Yearly Archives: 2005

ECB says hedge funds may ‘seriously’ impact EU financial stability

( www.forbes.com )  FRANKFURT (AFX) – EU financial stability may be ‘seriously’ impacted by recent rapid growth of the hedge fundsindustry, said Edgar Meister, chairman of the ECB’s Banking Supervision Committee. ‘For example, hedge funds can seriously affect financial stability […]

US’s Chapwood cuts business risk for hedge funds

LONDON, Oct 17 (Reuters) – U.S.-based investment firm Chapwood Capital has been launched to offer potential investors in hedge funds a way to cut the business risks of these vehicles, the company’s chief executive told Reuters on Monday. The company […]

2 top hedge fund managers at Centennial Bank

The Denver Post – Colorado’s newest public company isn’t big in size. But it has big money backing it. Centennial Bank Holdings Inc., which owns local financial institutions such as Centennial Bank of the West, Collegiate Peaks Bank and Guaranty […]

Hedge Funds Shiver at Refco Trading Freeze – Black Enterprise

The global hedge fund industry was preparing for a bloody nose today as the crisis engulfing US futures and derivatives trader Refco halted business in its biggest unit. The embattled group has begun winding down Refco Securities, a regulated broker […]

S.E.C. Accuses Hedge Fund of Deceiving Its Investors

New York Times – Federal regulators filed suit against a hedge fund yesterday, claiming that its manager deceived his investors by not disclosing his high concentration in a rapidly sinking stock. The suit was filed against Wood River Capital Management […]

Mizuho Corp Bank To Start Own Hedge Fund Operations, Unit In NY

TOKYO -(Dow Jones)- Mizuho Corporate Bank will soon start its own hedge-fund operations by spinning off some of its proprietary trading divisions in New York and London and letting them accept fundsfrom external investors, a source familiar with the situation […]

EU internal market chief wary of regulating hedge funds

BRUSSELS, Belgium – The EU’s internal market commissioner said Thursday he was wary of heavy-handed legislation for alternative investment funds such as hedge funds. Charlie McCreevy said at a hearing of the European Commission on future legislation for investment funds […]

Hedge funds buy Carmike shares, expect rebound-WSJ

NEW YORK, Oct 17 (Reuters) – Several hedge funds have scooped up shares in recent weeks of Carmike Cinemas Inc. (CKEC.O: Quote, Profile, Research), the nation’s third-largest film distributor by number of movie screens, in hopes the beaten-down stock will […]

SEC Accuses Hedge Funds, Manager of Fraud

WASHINGTON — Securities regulators on Thursday accused Wood River hedge funds and their manager, a former Wall Street analyst, of defrauding investors with false promises of sound financial management. The Securities and Exchange Commission announced the civil lawsuit against John […]

Portus receiver looks for $4.5 million US diamond

TORONTO (CP) – A court-appointed receiver trying to track down money invested with Portus Alternative Asset Management Inc. is searching for a 22-carat diamond worth $4.5 million US and other gemsbought on behalf of company co-founder Boaz Manor this summer. […]

Investor sues Hennessee over Bayou investment

BOSTON, Oct 14 (Reuters) – A prominent hedge fund consulting group was sued by one of its clients this week for having suggested putting $3.25 million into Bayou Group, a hedge fund that collapsed last month, court papers show. DePauw […]

Good Q3 hedge fund returns seen snaring new money

LONDON, Oct 14 (Reuters) – Hedge funds’ healthy returns in the third quarter mean that institutional investment in them is likely to pick up speed in the fourth quarter after a slowdown earlier this year, analysts say. The funds’ returns […]