Tag Archives: boston
UK Hedge Fund Managers Recieve AIMA’s Latest Capital Adequacy Guidance Update
West Palm Beach (HedgeCo.net) – Global representative association for the hedge fund industry, the Alternative Investment Management Association (AIMA), has issued updated guidance to its members on how to implement an Internal Capital Adequacy Assessment Process. "The hedge fund industry […]
Iraqi Funds: “Business as Usual”
West Palm Beach (HedgeCo.net) – Iraq and the Babylon Fund sailed fairly unscathed through the panicky financial markets in September, according to CEO Robert Torkelund. “Our strategy to focus on sticky money instead of any cheap hot money flow, has […]
Investor Confidence Index Declines in October
West Palm Beach (HedgeCo.net) – State Street Global Markets, the investment research and trading arm of State Street Corporation, released the results of the State Street Investor Confidence Index for October 2008. Confidence among North American investors fell particularly sharply […]
UAE Liquidity Moves by Government Positive for Banks – Fitch
West Palm Beach (HedgeCo.net) – Fitch Ratings has taken a positive view of the recent moves by the United Arab Emirates (UAE) government to boost liquidity in the banking system but notes that the operating environment has become more challenging. […]
Finvest Launches Offering and FOHF Allocation
West Palm Beach (HedgeCo.net) – Finvest Asset Management is set to launch a new capital protected offering for investors who are seeking to generate annual returns of between 12-20 percent in a low risk structure. The total offering is for […]
Competition Becomes Fierce for Financial Jobs
West Palm Beach (HedgeCo.net) – Employment offers in financial services fell by 11% in September compared to 6 months ago, according to Powerchex Limited, a pre-employment screening firm for financial institutions. Research by Powerchex showed that Investment Banks made […]
ICI Offers Alternative to Pickens Plan
West Palm Beach (HedgeCo.net) – A national program known as the Intelligent Community Initiative (ICI) is offering an alternative restructuring operation using interconnected client-server databases and online training, resulting, the company says, in self-sustaining financial communities which are not as […]
Survey Shows Nearly 75% of Single Family Offices Invest in Hedge Funds, With Plans to Increase
West Palm Beach (HedgeCo.net) – The alternative investment sector will continue to benefit from increasing asset allocations from Single Family Offices (SFOs), according to "On the Rise," the latest research report sponsored by CPA firm Rothstein Kass. The white paper, […]
GlobeOp Performance Remains Strong
West Palm Beach (HedgeCo.net) – Hedge Fund provider GlobeOp Financial Services S.A. published its Interim Management Statement covering the period since 30 June 2008. As a group, GlobeOp’s clients appear to have out-performed the industry. "I am pleased to report […]
Hedge Fund Performance for the Third-Quarter Lowest Since 2003
West Palm Beach (HedgeCo.net) – Morningstar, Inc. reported that hedge funds reported the worst losses in the Morningstar Hedge Fund Index’s history, which began in January 2003. In September, the Morningstar 1000 Hedge Fund index dropped 7.87%, more than double […]
Russian Trader Looses $50 Million In Risky Trades
West Palm Beach (HedgeCo.net) – Moscow’s The Statesman reports that a Russian rogue trader lost his investment bank up to $50 million in risky trades that went wrong in the financial crisis, the Vedomosti business daily reported today. Quoting unnamed […]
