Tag Archives: doing-business
Conn. Senate votes to regulate hedge funds
Charleston Daily Mail – The Connecticut Senate has voted to require hedge funds and private equity funds located in the state and doing business here to disclose certain conflicts of interest to customers. Supporters of the bill, which passed on […]
New York cutting firms tied to pension flap from doing business with fund
New York Daily News – State Controller Thomas DiNapoli is booting 10 hedge fund managers from doing business with New York’s scandal-scarred $122 billion pension fund, the Daily News has learned. Four of the 10 firms were listed, but not […]
Germany calls for tougher EU hedge fund plan
Reuters – European Union proposals for the regulation of hedge funds should go further in forcing them to use more of their own capital and reflect risks on their books, German Finance Minister Peer Steinbrueck told a newspaper. "The EU […]
Jobless bankers may lift Asian hedge fund numbers
Reuters – The number of Asian hedge funds could increase by 10 percent this year as more unemployed bankers and traders launch new funds and the cost of doing business slumps, an industry expert said on Monday. "It’s much better […]
Give backs and free management from some hedge funds
BloggingStocks – Over the past few weeks you probably saw signs in retail stores touting "big sales" with discounts of 50% to 70& off. It seems that Wall Street has caught on to main street’s way of doing business – […]
Hedge funds working to limit redemptions
Reuters UK – Dozens of hedge funds have told investors they cannot get their money back right now as managers try to limit a wave of redemptions to safeguard all their clients’ investments — as well as their own futures. […]
Real Hedge Funds Don’t Need a Bull Market to Make Money
Seeking Alpha – Risk management Rule No.1: if it can happen then it will happen. Hope for the best but plan for the worst. Recent events have provided good returns for some hedge funds, hard times for other hedge funds […]
Breaking even becomes hedge funds’ mantra
Globe and Mail – Joe E. Lewis, the late American nightclub comic and inveterate horse player, once quipped: "I hope I break even. I need the money." That could very well become a mantra in the hedge fund world, where […]
Man Group year profit surges 60%
Reuters- Man Group, the world’s biggest listed hedge fund company, posted a 60 percent rise in annual profit on Thursday, riding turbulent financial markets to show strong growth in funds under management which fuelled record management fees. Chief Executive Peter […]
Germany in call for ban on oil speculation
Daily Telegraph- German leaders are to propose a worldwide ban on oil trading by speculators, blaming the latest spike in crude prices on manipulation by hedge funds. It is the most drastic proposal to date amid escalating calls from Europe, […]
