Yearly Archives: 2005

Hedge fund numbers to shrink greatly – Citigroup

MONACO, Sept 27 (Reuters) – The number of hedge funds operating globally will shrink sharply over the next five years as rising cost structures and short-lived market trends divide the industry between boutiques and very large multi-strategy funds, the head […]

Wall Street storm may be brewing

NEW YORK (CNN/Money) – In the summer blockbuster “War of the Worlds,” ordinary Americans are forced to run for their lives when alien invaders wreak havoc on their planet. What the victims didn’t know was that the seeds for the […]

Hong Kong Keeps Minimum Invest For Single-Strategy Hedge Funds

HONG KONG -(Dow Jones)- Hong Kong’s Securities & Futures Commission said Monday it is keeping the minimum subscription requirement for single-strategy hedge funds at US$50,000, citing “the need to ensure investor protection.” The SFC, which regulates the local securities and […]

Fitch to Discuss Hedge Funds, Auto Sector Outlook, Recovery … – Forbes

(www.forbes.com) – Fitch Ratings will discuss the rapidly emerging role of hedge funds in global markets, provide a current outlook on the auto sector in light ofrising energy prices, introduce its new default/recovery analysis, and feature a presentation on the […]

A better way to invest in hedge funds?- Fairfield County Business Journal

(www.fairfieldcountybusinessjournal.com) – The recent blowup of the Bayou hedge fund has again brought the dark side of hedge fund investing into the forefront. As an advisor, I love the ability of hedge funds to deliver absolute returns regardless of market […]

Disney Taps Hedge Funds, Big Investors to Share Risk of Funding New Films

Sept. 23 (Bloomberg) — Walt Disney Co., whose film unit said it will lose money in the fourth quarter, raised $505 million from investors to reduce the risk of financing movies, the first time it has done so in almost […]

Coming soon to you

Regulations allowing private investors to invest in hedge funds have been expected for more than two years. At last the first draft of the proposed hedge fund regulations has been thrashed out by theFinancial Services Board (FSB), the Association of […]

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 […]