Yearly Archives: 2005
More Islamic Mutual Funds and Hedge Funds continues to hit the market
WEST PALM BEACH, FL (www.hedgeco.net) – Yahia Abdul-Rahman, 60, is the CEO and founder of American Finance House- Lariba. He was formerly a chemical engineer and financial planner. Now, he is usinghis talents and experience to introduce Sharia investment vehicles […]
New Study says Hedge Fund fraud occurs where supervision, separation of powers and transparency are lacking
WEST PALM BEACH, FL (www.hedgeco.net) – A new study conducted by the Association of Certified Fraud Examiners concluded that fund fraud occurs in situations where supervision, separation of powersand transparency were lacking. The study also said such fraud occurs in […]
EU Urged to Regulate the European Hedge Fund industry
WEST PALM BEACH, FL (www.hedgeco.net) – The EU Financial Services Commissioner Mr. Charlie McCreevy said in an interview that the European Union should regulate the European Hedge Fund industry so asto protect the interest of inexperienced investors. Similar arguments were […]
ABN AMRO Asset Management sees further expansion in global hedge fund sector
WEST PALM BEACH, FL (www.hedgeco.net) – ABN AMRO Asset Management has predicted a continuous growth and development of the global hedge fund management industry. The firm predicts that global hedgefund management assets will continue to expand over the years, as […]
Buy- out groups to react to the competition coming from Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – Recently many hedge fund companies have moved into the realm of buy-out companies. Such competition has threatened the buy-out industry, partly due to theefficiency with which hedge funds close such deals. There is also […]
FSA to Probe GLG Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – The UK�s financial market regulator FSA is looking into the activities of the GLG Hedge fund company, according to the Reuter�s report. The investigationcenters on the $2.86 billion convertible bond issued by Sumitomo Mitsui […]
Who will take the helm as the SEC’s next fund-industry regulator?
WEST PALM BEACH, FL (www.hedgeco.net) – You no doubt heard that Paul Roye has announced his resignation as the Director of Investment Management at the SEC. This necessarily begs the question of who will succeed him. The rumor mill is […]
SG CIB to acquire Bank of America’s Hedge Fund Business
WEST PALM BEACH, FL (www.hedgeco.net) – SG Corporate & Investment Banking said it is acquiring the Bank of America’s Hedge Fund-Linked Structured Investments Business. The company said �It hassigned a purchase agreement with Bank of America Corporation and certain affiliates […]
Goldman Sachs Investment Unit to launch new closed-end Fund of Funds
WEST PALM BEACH, FL (www.hedgeco.net) – Goldman Sachs Hedge Fund Strategies LLC, an advisory investment subsidiary of Goldman Sachs said it is preparing to launch new closed-end fund of funds.According to the report, the new fund will enable investors to […]
Canadian Arbitrator orders CIBC to pay back $3.6 million to US Hedge Fund Investors
WEST PALM BEACH, FL (www.hedgeco.net) – A Canadian arbitrator has asked CIBC to pay back the sum of $3.6 million to 11 US hedge fund investors, according to Wall Street report. A spokesman for CIBCrefused to comment on the report. […]
Surge in Asian Hedge fund interest creates boom for Cayman Islands
WEST PALM BEACH, FL (www.hedgeco.net) – The Cayman Islands hedge fund industry attracted significant number of hedge funds in 2004. According to the report over 1,100 new hedge funds were created inthe Cayman Islands in 2004, such growth represents over […]
Next Phase of the New Hedge Fund laws starts in March
WEST PALM BEACH, FL (www.hedgeco.net) – US based hedge fund managers continues to nervously await the full implementation of the new SEC laws early next year. But the next phase of the new regulationwill begin in March 2005, when hedge […]
