Tag Archives: transparency
MTM Looking To Offshore Hedge Funds For US Real Estate Deal
West Palm Beach (HedgeCo.net) – U.S. hedge fund manager MTM Global Financial Services is looking for an offshore hedge fund partner. In order to raise approximately $50 million in capital for a REIT fund focused on newer US residential real […]
Salus Alpha Hedge Funds Awarded Extraordinary Performance Award
West Palm Beach (HedgeCo.net) – Vienna based hedge fund manager Salus Alpha Group Services GmbH has been awarded the alternative investments award of geld-magazins for extraordinary good performance for their Salus Alpha Directional Markets UCITS III Funds. The Swedish state […]
Comment: Is Cayman under threat as a fund domicile?
Hedge Week.com – For most of the past decade, the Cayman Islands have been the world’s dominant offshore alternative fund domicile. At the last count, the jurisdiction had around 10,000 funds, the vast majority of which are hedge funds of […]
South Africa: FSB Aims to Tame Hedge Funds
AllAfrica.com – The Financial Services Board (FSB) has begun work on legislation to control hedge funds, which played a critical role in the global economic meltdown. FSB CEO Dube Tshidi said yesterday the aim with the legislation, a first for […]
US to work with Switzerland on tax secrecy
AFP – The United States and Switzerland will begin negotiations to amend their bilateral income tax treaty to provide for improved transparency, the US Treasury Department said Monday. The announcement came following Group of 20 pledges last week to clean […]
CBS Coverage Offers Protection for Hedge Funds
HedgeCo.Net – The "post-Madoff era" and the litigious society in which firms operate today have presented many operational risks that are beyond control. Managers are not getting paid to take those risks and the consequences can be devastating. Regulatory investigations […]
Hedge Fund Group Proposes Rules to Avert Intervention
Bloomberg – A group of hedge funds offered to increase disclosure to head off demands from politicians on at least two continents for more transparency. “We know which way the wind is blowing,” said Andrew Baker, chief executive of London-based […]
Brown wants more scrutiny of hedge funds
Reuters UK – Prime Minister Gordon Brown called on Thursday for greater regulation of hedge funds. Speaking in Rome after a meeting with Italian Prime Minister Silvio Berlusconi ahead of April’s G20 summit, Brown also said leaders would focus their […]
Madoff scandal boon for mutual funds, DWS exec says
Reuters – The Madoff scandal could be a boon for mutual funds as investors shift into regulated asset management vehicles in Luxembourg or Ireland away from hedge funds in the Caymans, a German mutual funds executive said. "There’ll be a […]