Tag Archives: west palm beach


FBAR’s Due For U.S. Investors in Offshore Hedge Funds

June 17, 2009 : Permalink

West Palm Beach (HedgeCo.net) – On June 12, three IRS personnel participated in a teleconference designed to address open questions regarding the Report of Foreign Bank and Financial Accounts (FBARs) for calendar year 2008 that must be filed by June […]

May Performance Up 4.06%, Credit Suisse/Tremont Hedge Fund Index Confirms

June 16, 2009 : Permalink

West Palm Beach (HedgeCo.net) – “Hedge funds finished up 4.06% in May, capturing the largest monthly gains since February 2000." Oliver Schupp, President of Credit Suisse Index, said, Emerging Markets funds were the strongest performers, finishing up 6.96%. The Emerging […]

G8 Endorses Lecce Framework

June 15, 2009 : Permalink

West Palm Beach (HedgeCo.net) – G8 Finance Ministers announced their endorsement of a global regulatory framework for financial institutions worldwide, "We agreed to create a coherent framework which builds on work done by the IMF, World Bank, OECD, FSB, FATF, […]

Confluence Whitepaper Outlines Hedge Fund Reporting and Control Challenges

June 15, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Financial administration automation specialist, Confluence, released a new whitepaper for hedge fund administration executives, entitled "Hedge Fund Reporting: The Change Imperative". "Mandates from investors, regulators, and auditors are driving significant change in hedge fund back […]

Hedge Fund BlackRock Buys Barclays, $2.8 Billion In Commitments From Investors

June 12, 2009 : Permalink

West Palm Beach (HedgeCo.net) – BlackRock, Inc. announced the purchase agreement to acquire Barclays Global Investors, including its market-leading ETF platform, iShares, from Barclays PLC. “We are incredibly excited about the potential to significantly expand the scale and scope of […]

BTIG to Expand, Hires 4 High Yield Experts

June 12, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Institutional brokerage and hedge fund services company BTIG LLC, announced the further expansion of its Global Fixed Income Group with four new hires. The Global Fixed Income Group was launched in February of this year […]

Cayman Islands Monetary Authority Gains Full IOSCO Membership

June 11, 2009 : Permalink

West Palm Beach (HedgeCo.net) – The Cayman Islands Monetary Authority (CIMA) was formally admitted as the 189th member of the International Organization of Securities Commissions (IOSCO) at the meeting of the Presidents’ Committee at IOSCO’s 34th Annual Conference in Tel […]

Hedge Fund Provider Appoints Risk Specialist as Senior Advisor

June 11, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Risk management expert, Dr. Stuart Turnbull, has been appointed as senior advisor to independent hedge fund technology provider GlobeOp’s Risk Services. "Risk measurement, analytics and reporting are increasingly important to hedge funds and investors alike," […]

Northern Trust Named Fund of Hedge Funds

June 11, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Financial technology vendor youDevise Limited congratulated its client Northern Trust upon being awarded the Fund of Hedge Funds Administrator of the Year award at the inaugural HFMWeek Service Provider Awards, held recently in London. Northern […]

Hedge Fund Paulson & Co Buys $100 Million CB Richard Ellis Stock

June 10, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Real estate services company, CB Richard Ellis Group, Inc. has reached an agreement to sell in a direct placement 13,440,860 shares of its Class A common stock for gross proceeds of approximately $100.0 million, to […]

Ex Hedge Fund Trader Vs. Ex Wife, High Powered Hide and Seek

June 10, 2009 : Permalink

West Palm Beach (HedgeCo.net) – In a bizarre hedge fund story sent to me by a reader, an ex JP Morgan Director and ex trader for hedge funds Tudor and Brevan Howard has been traced by his ex wife’s investigators […]