Yearly Archives: 2005
HedgeCo Networks Announces New Agreement to Distribute Hedge Fund Manager Background Reports
WEST PALM BEACH, FL – HedgeCo Networks, {www.hedgeco.net} today announced a new online agreement with NCO Financial Systems Inc., a division of NCO Group, Inc. (NASDAQ: NCOG). In the agreement, NCOFinancial Systems will provide HedgeCo.Net members access to investigative hedge […]
Austria’s Pension Scheme warns against Fund of Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – The head of investments at the Austrian APK multi-employer scheme has warned against fund of hedge funds. According to Guenther Schiend, aspiring hedge fundinvestors should be careful when they are selecting hedge fund products. […]
New SEC Rule Clarifies The Distinction Between Broker-Dealers And Investment Advisers
Special from Jay B. Gould and David A. Goldstein, White & Case LLP SAN FRANCISCO, CA (www.whitecase.com) – On April 12, 2005, the U.S. Securities and Exchange Commission (the “SEC”) adopted Rule 202(a)(11)-1 under the Investment Advisers Act of 1940 […]
SEC Charges Managing Director with Insider Trading and Fraud
WEST PALM BEACH, FL (www.hedgeco.net) – The Securities and Exchange Commission {SEC} has charged Guillaume Pollet, a former managing director of SG Cowen & Co., with insider trading and fraud.According to the charges, Mir Pollet was involved with short-selling of […]
Bank of New York receives the “Custodian of the Year Awardâ€
WEST PALM BEACH, FL (www.hedgeco.net) – The Bank of New York has been selected as the “Custodian of the Year” at the 2005 UK Pensions Awards which was sponsored by the Professional Pensions magazine.BONY was chosen by the judges from […]
Celeste European SmallCap fund next to launch from the Schneider Platform
PCE Investors Limited, part of Schneider the UK financial services group, is delighted to announce the upcoming launch of the Celeste European SmallCap fund scheduled for the start of May. The fundwill target a 12-20% annual return with a Sharpe […]
Former Senator John Breaux Joins MFA Board of Directors
WASHINGTON, D.C., April 21, 2005— The Board of Directors of Managed Funds Association (MFA) today announced that former Senator John Breaux will join its Board as an Appointed Director. John G.Gaine, MFA President, said Senator Breaux�s term will commence immediately. […]
Energy Hedge Fund Center Now Tracking 330 Funds in Energy
Energy Hedge Fund Center Now Tracking 330 Funds in Energy -New Trend is Emergence of Natural Resources Fund of Funds Houston, TX (PRWEB) April 22, 2005 — The Energy Hedge Fund Center (EHFC) reports that it now lists more than […]
Man Group Recommends Safer Hedge fund Options for institutional investors
WEST PALM BEACH, FL (www.hedgeco.net) – Man Group, the largest hedge fund manager in the world, has recommended safer hedge fund options for institutions. Such options, according to Man, could stillbeat benchmark returns. A growing number of institutions have continued […]
Lehman Bros Buys Stake in Hedge Fund Manager
WEST PALM BEACH, FL (www.hedgeco.net) – Lehman Brothers Asset management has purchased a stake in a U.S. hedge fund manager Ospraie, a firm that invests in basic industries and commodities.Traditional hedge asset managers have continued to purchase interests in hedge […]
CME announces plans to hold its first Global FX Summit in London
WEST PALM BEACH, FL (www.hedgeco.net) – The Chicago Mercantile Exchange, the largest futures exchange in the world, has announced plans to host its first Global FX Conference in London, on May 12,2005. According to the report, the Summit has been […]
Germany Pushes for International Hedge Fund Regulation
WEST PALM BEACH, FL (www.hedgeco.net) – Germany has suggested that the global hedge fund industry be regulated internationally as opposed to each nation regulating its own industry. Internationalregulation according to the German Finance Minister will help to increase the transparency […]