Yearly Archives: 2005
Global lending surged about 4 percent in First Quarter- BIS
WEST PALM BEACH, FL (www.hedgeco.net) – Bank for International Settlement, BIS said global lending business has grown by 4 percent during the first quarter of 2004. According to BIS released data,the international banking business gained about $20.5 trillion during the […]
Affluent Americans double their mutual fund investments-New Survey
WEST PALM BEACH, FL (www.hedgeco.net) – During the past two years, wealthy Americans doubled the percentage of their assets invested in mutual funds, according to a new released study. Spectrem Groupcarried out the new research. According to the group, during […]
Federal Appeals Court asked to block SEC’s governance rule
WEST PALM BEACH, FL (www.hedgeco.net) – The plight of the SEC imposed mutual fund governance laws remain uncertain. The legality of the US hedge fund regulations laws passed under the former chairmanWilliam Donaldson still remain in limbo as a Manhattan […]
EagleRock names Raj Lachman new COO/CFO
NEW YORK, July 28, 2005 – EagleRock Capital Management, LLC (“EagleRock”), a multi-strategy, event-driven value investment firm, today announced that it has named Raj Lachman, CFA, as Chief Operatingand Chief Financial Officer. Mr. Lachman, 39, will be responsible for financial […]
Hedge Funds may enter into insurance underwriting
WEST PALM BEACH, FL (www.hedgeco.net) – Hedge funds are increasingly drawn into insurance underwriting business in an ever-ending search for alpha for their investors. New reports show that manyhedge fund managers have been active in purchasing �catastrophe bonds� through such […]
Hedge Funds see $10.9 Billion in new flows in Q2; Total Assets at $1.025 Trillion; Average Fund up 1.14% for Quarter
CHICAGO � July 27, 2005 � The hedge fund industry continued its growth in the second quarter of 2005, with $10.9 billion in new fund flows coming in, according to data released today by Hedge FundResearch (HFR), the leading source […]
Chinese government officials worry that Hedge Funds may attack their currency
WEST PALM BEACH, FL (www.hedgeco.net) – Li Deshui, a member of the Chinese central bank’s monetary committee, said that China will take a go slow approach for the convertibility of the yuan, suchapproach was necessitated by worries of the Chinese […]
UBS ranked best Asian Research provider for Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – Alpha Magazine has ranked UBS as the leading brokerage firm that provides the best Asian equity research to hedge funds. The Alpha survey included funds withan aggregate gross exposure to Asian equities of about […]
SEC nominee Christopher Cox to face tough questions from panel
WEST PALM BEACH, FL (www.hedgeco.net) – The new nominee for the Securities and Exchange Commission, Rep. Christopher Cox, will be facing tough questions on Tuesday before the Senate confirmationpanel according to news reports. Cox will face questions on stock options […]
Strategic Research Institute to sponsor the European Distressed Summit September 21-22
WEST PALM BEACH, FL (www.hedgeco.net) – The Strategic Research Institute will sponsor its premier European Distressed Debt Summit, September 21-22 in Frankfurt. Industry participants such as Banks,hedge funds and other distressed debt investors from around the world have been targeting […]
China’s Currency re-evaluation may impact Hedge Fund’s currency seasonal trade
WEST PALM BEACH, FL (www.hedgeco.net) – Traditionally, hedge funds and other currency trading desks generally position themselves to take advantage of the traditional slide in the dollar aroundAugust. Such a slide in the dollar generally results from anticipated withdrawals from […]
European based Hedge Funds gain in June-EuroHedge
WEST PALM BEACH, FL (www.hedgeco.net) – The average European based hedge fund posted gains for the second month in a row to its highest level in 18 months according to EuroHedge. The firm�s hedgefund index rose by 1.30 percent in […]
