Tag Archives: asset-management-firms


Millennium Outsources all Fund Managment to GlobeOp

January 8, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Millennium Management LLC, a global multi-strategy investment management firm with over $11 billion in assets under management, has outsourced fund administration to hedge fund manager GlobeOp Financial Services. GlobeOp became administrator of record for all […]

Goldman Sachs gets nod for Indian mutual fund unit

September 2, 2008 : Permalink

Reuters India – Goldman Sachs said it has regulatory approval to launch mutual funds in India, Asia’s third-largest economy, joining the likes of AIG, JPMorgan and South Korea’s Mirae Asset who have started operations in the past 18 months. Adam […]

JPMorgan plans $1 bln Asia property spree

August 5, 2008 : Permalink

Reuters – JPMorgan plans to invest more than $1 billion in Asian real estate over the next three years, hoping to fill a gap as Indian and Chinese developers crave funds and rival investors recoil from property markets. The investment […]

Eight Arrested in London Insider Trading Scheme

July 30, 2008 : Permalink

New York (HedgeCo.Net) – Eight people were arrested yesterday in London on suspicions of insider trading.     The city of London police and about 40 Financial Services Authority officials targeted workers at UBS and JPMorgan Cazenove, in what they are […]

Bernanke Outlines Plans to Stabilize Economy, Expand Fed’s Authority

July 9, 2008 : Permalink

New York (HedgeCo.Net) – In an effort to stabilize U.S financial markets and prevent further turmoil in the economy, Federal Reserve Chairman Ben Bernanke suggested expanding its control and authority over our country’s financial firms. Bernanke spoke at a Federal […]