Yearly Archives: 2005
SEC Chairman William Donaldson to Step down June 30
WEST PALM BEACH, FL (www.hedgeco.net) – The U.S. Securities and Exchange Commission Chairman William H. Donaldson announced his retirement from the agency effective June 30, 2005. In his resignationremarks, Donaldson said, �When I assumed the Chairmanship of the Securities and […]
Citigroup Agrees to settle $208 Million in SEC fines
WEST PALM BEACH, FL (www.hedgeco.net) – Citigroup Inc. has agreed to pay the SEC imposed $208 million to settle the fraud charges against Citigroup�s two subsidiaries with regard to the operation ofan affiliated transfer agent. The SEC released statements on […]
Investment Banks may suffer from heavy Hedge Fund redemptions
WEST PALM BEACH, FL (www.hedgeco.net) – Investment banks are expressing new concerns over their revenues coming from hedge fund business. Some brokerage banks are concerned that heavy redemptionsfrom hedge fund investors might affect their income coming from hedge funds such […]
Hennessee Group Releases its annual Hedge Fund Manager Survey
WEST PALM BEACH, FL (www.hedgeco.net) – The Hennessee Hedge Fund Advisory Group (“Hennessee Group LLC”) has released its 11th annual Hedge Fund Manager Survey. According to the survey results, �Thehedge fund industry grew 27% from $795 billion to over $1 […]
Risk to European Financial Stability from Hedge Funds may have increased-European Central Bank Official
WEST PALM BEACH, FL (www.hedgeco.net) – A governing official of the European Central Bank council said in a press conference that Hedge fund risks to the European Financial Market stability may havegone up from 2004. According to Tommaso Padoa-Schioppa, there […]
The World’s wealthiest Hedge Fund managers add more to their earnings in 2004
WEST PALM BEACH, FL (www.hedgeco.net) – The wealthiest hedge fund managers in the world have grown richer in 2004, according to a new list of the richest hedge fund managers unveiled by theInstitutional Investor’s Alpha magazine. According to a new […]
CalPERS to invest in Asian Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – The California Public Employees Retirement System {CalPERS} is gearing up to make its first investments in Asian hedge funds. Such a move is also seen asevidence that hedge funds have been accepted as a […]
The Securities and Futures Commission to revise Hong Kong’s Hedge Fund Laws
WEST PALM BEACH, FL (www.hedgeco.net) – The Hong Kong Securities and Futures Commission (SFC) said it would review the countries hedge fund laws so as to enhance investor protection. Alexa Lam, theExecutive Director of Intermediaries and Investment Products explained that […]
The Case for Hedge Fund Investment remains intact-Analysts
WEST PALM BEACH, FL (www.hedgeco.net) – Hedge Fund industry analysts believe that the case for hedge fund investment remains intact despite the declining level of returns seen in recent marketactivities. Regardless of the heaviest redemptions seen in the sector during […]
Man Says Hedge Fund inflows are slowing
WEST PALM BEACH, FL (www.hedgeco.net) – The world�s largest hedge fund manager, the MAN Group said on Wednesday, �That hedge fund assets were slowing, amidst concerns of the stability and performanceof hedge funds.� According to MAN, some institutional investors and […]
The acting Chairman of CFTC says caution should be used on Hedge Fund regulation
WEST PALM BEACH, FL (www.hedgeco.net) – The acting chairman of the U.S. Commodities and Futures Trading Commission Sharon Brown-Hruska told Reuters, �Market regulators and lawmakers should hear thefacts and not the hyperbole before rushing to introduce new rules for hedge […]
Hedge funds attract $24 billion in first quarter of 2005
WEST PALM BEACH, FL (www.hedgeco.net) – The global hedge fund industry attracted more than $24.6 billion during the first quarter of 2005, according to new data. However the convertible arbitragestrategy was the biggest loser for the quarter. That strategy saw […]
