Herald Tribune – At the Deep End Bar, a poolside grill on the island of St. Croix just steps from the Green Cay Marina, a handful of money managers and investors sipped Cruzan rum from a localdistillery and reached for […]

Korea Herald – The government should allow the establishment of hedge funds in a bid to further develop the local financial industry, think tanks said yesterday. The Korea Institute for International Economic Policy and the Korea Institute of Finance separately […]

Reuters UK – A voluntary code of conduct by the hedge fund industry would be an important first step towards better oversight of this fast-growing segment of the financial markets, European CentralBank Governing Council member Axel Weber told Reuters. Germany […]

Reuters – The battle over whether more oversight is needed for the $1.5 trillion global hedge fund industry heated up this week as more top officials clashed, underscoring a lack of consensus forradical change. The European Central Bank waded into […]

Reuters UK – Investors increasingly eager to tap into hedge-fund returns are spurring a flurry of public listings for such generally secretive investment vehicles. Brevan Howard Asset Management, for one, said this week it plans to launch a closed-ended investment […]

Reuters UK – Jupiter Asset Management is planning to launch a hedge fund for top-performing fund manager Philip Ehrmann and may also launch a “green” hedge fund, the company said on Friday. Ehrmann, who was formerly head of Pacific and […]

CHICAGO The state Teachers’ Retirement System plans to invest nearly a (B) billion dollars into hedge funds to help solve its financial problems. That’s according to a report in the Chicago Tribune today.Such an investment is considered a controversial move […]

New York Times – So much so that two large portrait photographs of the senator by Chuck Close grace the hallway of her 1960s-themed penthouse apartment on Sutton Place in Manhattan. “It’s a beautiful picture because Hillary is beautiful,” said […]

DAVOS, Switzerland (Reuters) – The possibility of a major market crisis caused by financial derivatives is replacing the danger of low interest rates driving asset markets to unstable levels as thetop issue on policymakers’ worry list. In a keynote speech […]

Bloomberg – At the Deep End Bar, a poolside grill in St. Croix just steps from the Green Cay Marina, a handful of money managers and investors sip Cruzan rum from a local distillery and reach forcomplimentary bug repellent as […]

Black Enterprise – Madeleine Albright, the U.S. Secretary of State under former President Bill Clinton, announced the creation of a new hedge fund carrying her name – Albright Capital Management -and conveniently based in Washington. Ms. Albright will chair the […]

Philadelphia Inquirer—Internet Capital Group Inc., whose market value eclipsed that of General Motors Corp. during the dot-com boom, may face a proxy fight with a hedge fund that contends the holding company is mismanaged. Mason Capital Management L.L.C., a New […]