Category Archives: Syndicated

Fed: Hedge Funds Get Too Much Credit

CFO.com – Banks should impose stricter lending standards on hedge funds, the president of the Federal Reserve Bank of New York said Tuesday. That is the strongest suggestion yet that bank regulatorsremain concerned about often incestuous relationships that allow banks […]

Bundesbank’s Meister calls for code of conduct for hedge funds

Forbes – Bundesbank board member Edgar Meister said hedge funds should open up their books for public grading by rating agencies and introduce a code of conduct so as to makethe industry more transparent. In an interview with the Financial […]

Bernanke urges caution on hedge funds

Centre Daily – Financial authorities must stay attuned to any potential risks posed by the growth of hedge funds, an investment domain of the wealthy that has become more popular with smallerinvestors, Federal Reserve Chairman Ben Bernanke suggested Tuesday. “Authorities […]

Bundesbank urges hedge fund code

Financial Times – The world’s hedge funds should open up their books for public grading by rating agencies and introduce a code of conduct, according to proposals by Germany’s Bundesbank forincreasing transparency in the trillion-dollar industry. // The Bundesbank’s proposals […]

Three indicted in hedge fund case

Bizjournals.com – Three Colorado Springs men have been arrested in connection with an alleged hedge fund scheme that defrauded about 350 people out of a total of approximately $7.5 million, Colorado’s Attorney General John Suthers and Securities Commissioner Fred Joseph […]

Two US Senate Republicans question SEC hedge fund rule

Reuters – Two Senate Republicans on Tuesday questioned whether the U.S. Securities and Exchange Commission had the authority to adopt a rule requiring hedge fund advisers to register with theinvestor protection agency. Republican Mike Crapo of Idaho said at a […]

American Enterprise Institute Hedge Fund Study

American Enterprise Institute – Hedge funds have just been “discovered.” Ordinary investors are clamoring to participate in rewards once the province of the very rich. Reporters are probing to exposewhat has been a closed culture of secrecy. Policymakers are asking […]

NY precious metals plummet as funds, specs unload

Reuters – U.S. precious metals futures plunged on Monday as funds and speculators bailed out of the market across the board in a massive profit-taking spree that came after prices hit long-term highslast week, traders said. Gold, after spiking to […]

Oil extends fall below $70

CNN International – Oil extended recent sharp losses on Tuesday along with other commodities, on concerns that high energy and raw material costs may hit demand and slow global economic growth. U.S. light crude oil was trading 14 cents lower […]

FUND VIEW-Good potential in Latin America

Reuters – Latin American bond and equity markets offer investors strong potential for large returns despite the bloodbath on commodity and stock markets on Monday, a hedge fund firm told Reuters. Hedge fund firm Emergent Asset Management and Argentina’s MBA […]

Investigators Search for Hedge-fund HK Diamonds

Diamonds.net – Financial investigators are trying to locate a stash of 100 diamonds bought in Hong Kong using money linked to a high-profile hedge-fund scandal in Canada. The tangled web leading to the diamonds involves a Hong Kong diamond merchant, […]

Heard Off the Street: Hedge funds have come a long way

Pittsburgh Post-Gazette – More than 50 years ago, former diplomat and Fortune magazine staffer Alfred Jones decided to limit the risks of stock investing by short selling other stocks. In theory, Mr.Jones’ short sales — selling borrowed stocks at current […]