West Palm Beach (HedgeCo.net) - According to a recent survey conducted by the Association of Investment Companies (AIC), a poll of 1,300 sophisticated private investors showed that 15% believed that hedge funds offer the potential for strong returns in the current environment. However they are also concerned about their perceived lack of transparency (17%) and […]

Reuters - Shanghai has decided to let foreign investors, including private equity and venture capital funds, register legally as local equities investment firms as China’s financial hub moves to lure more overseas investment.
Foreign investors with a focus on Chinese equities can set up a Shanghai-registered entity with initial capital of 100 million yuan ($14.56 […]

Financial Times - Man Group has teamed up with an Abu Dhabi-owned investment company to make electricity from the gas produced as a byproduct of oil drilling, which is currently wasted in the form of flaring.
Abu Dhabi will inject the first $300m (£151m) into a new fund, which aims to raise $1.5bn, and will receive […]

Bloomberg- J-Power shareholders defeated a proposal by U.K. hedge fund TCI for the company to double its dividend, ending a monthlong proxy battle and sending the stock to its biggest decline since February.
Shareholders of Electric Power Development Co., the official name of Japan’s largest power wholesaler, rejected all five proposals by the investment company including […]

New York – June 17, 2008 – MadisonGrey Global Fund Services and HedgeOp Compliance today announced a co-marketing agreement that will combine MadisonGrey’s total fund administration, accounting, cash management, and investor relations services with the leading web-based compliance platform for hedge funds and funds of hedge funds.  The alliance enables MadisonGrey to use the ComplianceTrak […]