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	<title>Hedge Fund News From HedgeCo.Net &#187; morgan stanley</title>
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	<description>Breaking Hedge Fund News</description>
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		<title>Bookstaber To Speak At HedgeWorld As The Number of Hedge Funds Rise</title>
		<link>http://www.hedgeco.net/news/09/2009/bookstaber-to-speak-at-hedgeworld-as-the-number-of-hedge-funds-rise.html</link>
		<comments>http://www.hedgeco.net/news/09/2009/bookstaber-to-speak-at-hedgeworld-as-the-number-of-hedge-funds-rise.html#comments</comments>
		<pubDate>Wed, 30 Sep 2009 12:44:52 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[financial innovation]]></category>
		<category><![CDATA[hedge-fund-manager]]></category>
		<category><![CDATA[hedgeworld]]></category>
		<category><![CDATA[morgan stanley]]></category>
		<category><![CDATA[proprietary-trader]]></category>
		<category><![CDATA[risk management committee]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=12264</guid>
		<description><![CDATA[New York (HedgeCo.net) &#8211; Hedge fund manager Richard Bookstaber will be speaking at is year&#8217;s HedgeWorld Fall Conference. He is the author of “A Demon of Our Own Design: Markets, Hedge Funds, and the Perils of Financial Innovation,” a book that pinpointed the market weaknesses that spun out of control to create today&#8217;s financial crisis. [...]]]></description>
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		<title>Shumway: Another Hedge Fund Falls for BofA</title>
		<link>http://www.hedgeco.net/news/09/2009/shumway-another-hedge-fund-falls-for-bofa.html</link>
		<comments>http://www.hedgeco.net/news/09/2009/shumway-another-hedge-fund-falls-for-bofa.html#comments</comments>
		<pubDate>Wed, 30 Sep 2009 12:27:46 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[equity portfolios]]></category>
		<category><![CDATA[global basis]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[long short equity]]></category>
		<category><![CDATA[morgan stanley]]></category>
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		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=12261</guid>
		<description><![CDATA[Chris Shumway runs a $5 billion hedge fund and is best known for intensive fundamental research to create long/short equity portfolios. He is a &#8216;Tiger Cub&#8217; because he formerly served as Julian Robertson&#8217;s right-hand man while at Tiger Management. Taken from our post on &#8216;Tiger Cub&#8217; biographies: Chris Shumway is the Founding Partner of Shumway [...]]]></description>
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		<title>Abax to Follow Blackstone, CLSA With China Private Equity Fund</title>
		<link>http://www.hedgeco.net/news/08/2009/abax-to-follow-blackstone-clsa-with-china-private-equity-fund.html</link>
		<comments>http://www.hedgeco.net/news/08/2009/abax-to-follow-blackstone-clsa-with-china-private-equity-fund.html#comments</comments>
		<pubDate>Mon, 24 Aug 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[abax global capital]]></category>
		<category><![CDATA[bloomberg]]></category>
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		<category><![CDATA[china]]></category>
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		<category><![CDATA[clean-energy]]></category>
		<category><![CDATA[financial institution]]></category>
		<category><![CDATA[friendly products]]></category>
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		<description><![CDATA[Bloomberg &#8211; Abax Global Capital Ltd., a Hong Kong-based hedge fund manager backed by Morgan Stanley, plans to start a private equity fund in China that invests in companies making environmentally friendly products such as clean energy. The yuan-denominated fund aims to raise about 500 million yuan ($73 million) from Chinese investors by its first [...]]]></description>
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		<title>CIC funnels fund investments via Blackstone, MS: report</title>
		<link>http://www.hedgeco.net/news/07/2009/cic-funnels-fund-investments-via-blackstone-ms-report.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/cic-funnels-fund-investments-via-blackstone-ms-report.html#comments</comments>
		<pubDate>Fri, 31 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[asset-management]]></category>
		<category><![CDATA[billions]]></category>
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		<description><![CDATA[Marketwatch &#8211; China&#8217;s sovereign wealth fund has selected Morgan Stanley and Blackstone Group LP to oversee hundreds of millions of dollars in new investments, The Wall Street Journal reported Friday. The $200 billion China Investment Corp. has finalized an additional allocation of $500 million to Blackstone&#8217;s /quotes/comstock/13*!bx/quotes/nls/bx (BX 11.42, +0.46, +4.20%) fund-of-funds unit, and an [...]]]></description>
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		<title>CIC Turns to Friends: Morgan, Blackstone</title>
		<link>http://www.hedgeco.net/news/07/2009/cic-turns-to-friends-morgan-blackstone.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/cic-turns-to-friends-morgan-blackstone.html#comments</comments>
		<pubDate>Fri, 31 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[blackstone group]]></category>
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		<category><![CDATA[china investment]]></category>
		<category><![CDATA[fund investments]]></category>
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		<category><![CDATA[old-friends]]></category>
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		<description><![CDATA[Wall Street Journal &#8211; China Investment Corp.&#8217;s $200 billion sovereign-wealth fund is reaching out to old friends in the U.S. as it ventures into hedge-fund investing. The fund has selected Morgan Stanley and Blackstone Group LP to oversee hundreds of millions of dollars in new private-fund investments, people familiar with the matter said. Read Complete [...]]]></description>
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		<title>Former Morgan Stanley Traders Launch Commodity Trading Advisor</title>
		<link>http://www.hedgeco.net/news/07/2009/former-morgan-stanley-traders-launch-commodity-trading-advisor.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/former-morgan-stanley-traders-launch-commodity-trading-advisor.html#comments</comments>
		<pubDate>Tue, 14 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[accredited-investors]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[borthwick]]></category>
		<category><![CDATA[careful application]]></category>
		<category><![CDATA[commodity trading advisor]]></category>
		<category><![CDATA[flow analysis]]></category>
		<category><![CDATA[foreign exchange market]]></category>
		<category><![CDATA[foreign exchange trading]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[HedgeCo.net (West Palm Beach) &#8211; Cinneas Foreign Exchange LLC, an alternative investment management firm specializing in momentum based trading in the foreign exchange market, have announced the launch of a Commodity Trading Advisor (CTA). The Cinneas investment process combines technical, fundamental and intraday market flow analysis with the careful application of leverage for the purpose [...]]]></description>
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		<title>Ex-Morgan Stanley Exec. Launches Georgia Hedge Fund Advisory Company</title>
		<link>http://www.hedgeco.net/news/07/2009/ex-morgan-stanley-exec-launches-georgia-hedge-fund-advisory-company.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/ex-morgan-stanley-exec-launches-georgia-hedge-fund-advisory-company.html#comments</comments>
		<pubDate>Wed, 08 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[HedgeCo.net (West Palm Beach) &#8211; Hedge fund and alternative investment advisory company, Tru/Alpha Capital Advisors (TACA), is being launched to specialize in international alternative markets, advising institutional and corporate clients, as well as high-net worth individuals. Based in Midtown Atlanta, Georgia, TACA is headed by Harvard-graduate and past Morgan Stanley executive Monty Bruell. Mixing its [...]]]></description>
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		<title>Nomura plans prime broking to take on rivals</title>
		<link>http://www.hedgeco.net/news/07/2009/nomura-plans-prime-broking-to-take-on-rivals.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/nomura-plans-prime-broking-to-take-on-rivals.html#comments</comments>
		<pubDate>Mon, 06 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
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		<description><![CDATA[Reuters India &#8211; Nomura Holdings plans to launch a global prime brokerage business by September as the financial crisis creates room for new players to offer lucrative services to hedge funds, a senior executive said on Monday. The move shows how Japan&#8217;s biggest investment bank, which scooped the European, Middle Eastern and Asian units of [...]]]></description>
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		<title>CIC Said to Invest $500 Million in Hedge Funds, Blackstone</title>
		<link>http://www.hedgeco.net/news/06/2009/cic-said-to-invest-500-million-in-hedge-funds-blackstone.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/cic-said-to-invest-500-million-in-hedge-funds-blackstone.html#comments</comments>
		<pubDate>Fri, 19 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[adviser]]></category>
		<category><![CDATA[blackstone group]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; China Investment Corp., the nation&#8217;s $200 billion sovereign wealth fund, may invest as much as $500 million in hedge funds including those run by Blackstone Group LP, said two people familiar with the matter. CIC aims to allocate $6 billion to hedge funds by the end of 2009, company adviser Felix Chee said [...]]]></description>
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		<title>Morgan Stanley Launches Enhanced Protection for Hedge Fund and Prime Brokerage Clients</title>
		<link>http://www.hedgeco.net/news/06/2009/morgan-stanley-launches-enhanced-protection-for-hedge-fund-and-prime-brokerage-clients.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/morgan-stanley-launches-enhanced-protection-for-hedge-fund-and-prime-brokerage-clients.html#comments</comments>
		<pubDate>Thu, 18 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; Morgan Stanley is offering enhanced asset protection to its prime brokerage clients, announcing an expansion of its prime brokerage offering with the launch of new custodial services for long securities held by Prime Brokerage clients. The custodial services will be provided directly by Morgan Stanley Trust National Association (MSTNA), a [...]]]></description>
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		<title>BTIG to Expand, Hires 4 High Yield Experts</title>
		<link>http://www.hedgeco.net/news/06/2009/btig-to-expand-hires-4-high-yield-experts.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/btig-to-expand-hires-4-high-yield-experts.html#comments</comments>
		<pubDate>Fri, 12 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; 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 by Jon Bass, formerly of UBS, and John Purcell, formerly of Citigroup. The group focuses [...]]]></description>
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		<title>Abax to Open Tudor-Backed Macro Hedge Fund to Outside Investors</title>
		<link>http://www.hedgeco.net/news/05/2009/abax-to-open-tudor-backed-macro-hedge-fund-to-outside-investors.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/abax-to-open-tudor-backed-macro-hedge-fund-to-outside-investors.html#comments</comments>
		<pubDate>Tue, 19 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
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		<description><![CDATA[Bloomberg &#8211; Abax Global Capital Ltd., a Hong Kong-based asset manager part-owned by Morgan Stanley, plans to open a hedge fund backed by Tudor Investment Corp. to outside investors for the first time. The Abax Dymon Asia Macro Fund, which started with $113 million in August 2008, seeks to profit from regional economic trends. The [...]]]></description>
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		</item>
		<item>
		<title>A Hedge Fund Manager&#8217;s Farewell</title>
		<link>http://www.hedgeco.net/news/05/2009/a-hedge-fund-managers-farewell.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/a-hedge-fund-managers-farewell.html#comments</comments>
		<pubDate>Mon, 18 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[alson capital partners]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[New York Times &#8211; Two weeks from now, a seven-year-old hedge fund called Alson Capital Partners will return around $800 million to its investors, and shut its doors for good. The fund was founded and managed by Neil Barsky, 51, a former Wall Street Journal reporter-turned-Morgan Stanley analyst, who started his first hedge fund in [...]]]></description>
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		<title>Goldman Sachs Boosts Risk-Taking at Fastest Pace on Wall Street</title>
		<link>http://www.hedgeco.net/news/04/2009/goldman-sachs-boosts-risk-taking-at-fastest-pace-on-wall-street.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/goldman-sachs-boosts-risk-taking-at-fastest-pace-on-wall-street.html#comments</comments>
		<pubDate>Mon, 27 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[amp]]></category>
		<category><![CDATA[bets]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Goldman Sachs Group Inc., unbowed by the securities industry&#8217;s worst year since the Great Depression, increased its trading bets at the fastest rate on Wall Street. Goldman Sachs&#8217;s so-called value-at-risk, the amount the New York-based bank estimates it could lose from trading in a day, jumped 22 percent to $240 million in the [...]]]></description>
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		<title>Morgan Stanley AIP Raises $1.14 Billion for New Fund</title>
		<link>http://www.hedgeco.net/news/04/2009/morgan-stanley-aip-raises-114-billion-for-new-fund.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/morgan-stanley-aip-raises-114-billion-for-new-fund.html#comments</comments>
		<pubDate>Wed, 22 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[american chronicle]]></category>
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		<category><![CDATA[morgan stanley]]></category>
		<category><![CDATA[private equity fund]]></category>
		<category><![CDATA[private equity fund of funds]]></category>
		<category><![CDATA[private markets]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[American Chronicle &#8211; Morgan Stanley Alternative Investment Partners has raised $1.14 billion in commitments for its new private equity fund of funds, Morgan Stanley Private Markets Fund IV. The capital raised for the new fund represents a nearly 15% increase over that of Morgan Stanley Private Markets Fund III, which was closed in 2006, the [...]]]></description>
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		<title>Star commodities traders ditch banks for hedge funds</title>
		<link>http://www.hedgeco.net/news/04/2009/star-commodities-traders-ditch-banks-for-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/star-commodities-traders-ditch-banks-for-hedge-funds.html#comments</comments>
		<pubDate>Fri, 17 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[banks]]></category>
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		<category><![CDATA[financial crisis]]></category>
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		<description><![CDATA[Reuters &#8211; Star commodity traders, once synonymous with high-profile banks, are leaving for little-known investment firms that let them work and earn in ways iconic Wall Street firms no longer can. The financial crisis and its amplifying threat on risk taking, bonus and pay at major financial institutions is causing big names like Goldman Sachs [...]]]></description>
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		</item>
		<item>
		<title>Star commodities traders ditch banks for hedge funds</title>
		<link>http://www.hedgeco.net/news/04/2009/star-commodities-traders-ditch-banks-for-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/star-commodities-traders-ditch-banks-for-hedge-funds.html#comments</comments>
		<pubDate>Thu, 16 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[banks]]></category>
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		<category><![CDATA[financial crisis]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Reuters &#8211; Star commodity traders, once synonymous with high-profile banks, are leaving for little-known investment firms that let them work and earn in ways iconic Wall Street firms no longer can. The financial crisis and its amplifying threat on risk taking, bonus and pay at major financial institutions is causing big names like Goldman Sachs [...]]]></description>
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		<title>Bridgewater Tops List of Biggest U.S. Hedge Funds</title>
		<link>http://www.hedgeco.net/news/03/2009/bridgewater-tops-list-of-biggest-us-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/bridgewater-tops-list-of-biggest-us-hedge-funds.html#comments</comments>
		<pubDate>Thu, 05 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[absolute-return]]></category>
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		<category><![CDATA[chief executive officer]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Ray Dalio&#8217;s Bridgewater Associates Inc. overtook JPMorgan Chase &#38; Co. to become the biggest U.S. hedge-fund manager, even as the firm lost assets during the industry&#8217;s worst year, according to a survey. Bridgewater, based in Westport, Connecticut, managed $38.6 billion on Jan. 1, down 11 percent from July, according to Absolute Return magazine. [...]]]></description>
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		<title>Chrysler Talks Stall as Banks Balk at Trading Loans for Equity</title>
		<link>http://www.hedgeco.net/news/03/2009/chrysler-talks-stall-as-banks-balk-at-trading-loans-for-equity.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/chrysler-talks-stall-as-banks-balk-at-trading-loans-for-equity.html#comments</comments>
		<pubDate>Tue, 03 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[auburn-hills-michigan]]></category>
		<category><![CDATA[auto workers union]]></category>
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		<category><![CDATA[citigroup-inc]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Chrysler LLC, needing lender concessions by March 31, isn&#8217;t negotiating with its banks because it can&#8217;t persuade them to discuss trading loans for uncertain equity, people familiar with the companies&#8217; actions say. Chrysler must reduce its debt by $5 billion by getting creditors such as JPMorgan Chase &#38; Co. to trade debt for [...]]]></description>
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		<title>Asian Macro Hedge Fund Launch</title>
		<link>http://www.hedgeco.net/news/02/2009/asian-macro-hedge-fund-launch.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/asian-macro-hedge-fund-launch.html#comments</comments>
		<pubDate>Thu, 19 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[accredited-investors]]></category>
		<category><![CDATA[asian interest]]></category>
		<category><![CDATA[dexion capital]]></category>
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		<category><![CDATA[founding member]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[West Palm Beach (HedgeCo.net) -A new Asia Macro hedge fund has been launched by Dexion Capital and Morgan Stanley veterans Andrew Gale and Lee Ka Sha. With a minimum investment is $100,000, the fund will invest in Asian interest rates and currencies, opening trading on May 1, according to HedgeWeek. Lee will play the role [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<title>Betsy Waters on Basics of Investment Strategy at NY Traders Expo</title>
		<link>http://www.hedgeco.net/news/02/2009/betsy-waters-on-basics-of-investment-strategy-at-ny-traders-expo.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/betsy-waters-on-basics-of-investment-strategy-at-ny-traders-expo.html#comments</comments>
		<pubDate>Fri, 13 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<category><![CDATA[david johnson]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; dbFX Global Director Betsy Waters will moderate a panel discussion entitled, &#8220;Investing in Managed Accounts: The What, How, and Why,&#8221; during the International Traders Expo, the largest and only expo designed exclusively for active traders. The workshop will be held on Sunday, February 22, 2009 at 1:15 p.m. at New [...]]]></description>
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		<title>Cohen&#8217;s Hedge Fund Taxes Can&#8217;t Fix Connecticut&#8217;s Fallen Revenue</title>
		<link>http://www.hedgeco.net/news/02/2009/cohens-hedge-fund-taxes-cant-fix-connecticuts-fallen-revenue.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/cohens-hedge-fund-taxes-cant-fix-connecticuts-fallen-revenue.html#comments</comments>
		<pubDate>Wed, 04 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[bloomberg]]></category>
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		<category><![CDATA[taxes on bonuses]]></category>
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		<description><![CDATA[Bloomberg -&#160;Philip Duff, Morgan Stanley&#8217;s former chief financial officer, last month fired 80 of the 100 people at his 11-month-old hedge fund, and now he&#8217;s looking to sublet excess office space in Greenwich, Connecticut. Record losses and terminations at hedge funds like Duff Capital Advisors have reduced Connecticut&#8217;s tax revenue, and that means the city [...]]]></description>
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		<title>Hedge fund assets likely to lose up to $450bn</title>
		<link>http://www.hedgeco.net/news/01/2009/hedge-fund-assets-likely-to-lose-up-to-450bn.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/hedge-fund-assets-likely-to-lose-up-to-450bn.html#comments</comments>
		<pubDate>Mon, 26 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[assets]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Business Report &#8211; Hedge funds lost more money last year than any year on record. It may get worse this year, forcing fund managers to overhaul investment strategies, reduce fees and make it easier for clients to withdraw cash. The $1.2 trillion (R12 trillion) industry might shed as much as $450 billion in assets, or [...]]]></description>
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		<item>
		<title>Duff Capital Advisors shrinks, stays in business</title>
		<link>http://www.hedgeco.net/news/01/2009/duff-capital-advisors-shrinks-stays-in-business.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/duff-capital-advisors-shrinks-stays-in-business.html#comments</comments>
		<pubDate>Fri, 23 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[capital-advisors]]></category>
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		<category><![CDATA[reuters]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Reuters &#8211; Hedge fund firm Duff Capital Advisors, launched last year to help pension funds, endowments and insurers meet long-term funding obligations, laid off most of its staff, a person familiar with the matter said on Thursday. The company remains in business and is now focusing mostly on providing risk analysis and advice, said the [...]]]></description>
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		<title>Hedge Fund Assets May Fall $450 Billion After Worst Performance</title>
		<link>http://www.hedgeco.net/news/01/2009/hedge-fund-assets-may-fall-450-billion-after-worst-performance.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/hedge-fund-assets-may-fall-450-billion-after-worst-performance.html#comments</comments>
		<pubDate>Fri, 23 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
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		<category><![CDATA[money]]></category>
		<category><![CDATA[morgan stanley]]></category>
		<category><![CDATA[trillion]]></category>
		<category><![CDATA[withdrawals]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Hedge funds lost more money in 2008 than any year on record. It may get worse in 2009, forcing fund managers to overhaul investment strategies, reduce fees and make it easier for clients to withdraw cash. The $1.2 trillion industry may shed as much as $450 billion in assets, or 37 percent, through [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/01/2009/hedge-fund-assets-may-fall-450-billion-after-worst-performance.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Universal banks winning battle for hedge business</title>
		<link>http://www.hedgeco.net/news/01/2009/universal-banks-winning-battle-for-hedge-business.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/universal-banks-winning-battle-for-hedge-business.html#comments</comments>
		<pubDate>Thu, 08 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[bankruptcy protection]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[broker-dealers]]></category>
		<category><![CDATA[collapse]]></category>
		<category><![CDATA[goldman-sachs]]></category>
		<category><![CDATA[investment-bank]]></category>
		<category><![CDATA[lehman brothers]]></category>
		<category><![CDATA[morgan stanley]]></category>
		<category><![CDATA[pool]]></category>
		<category><![CDATA[reuters]]></category>
		<category><![CDATA[sources of funding]]></category>
		<category><![CDATA[trades]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Reuters &#8211; Broker-dealers such as Morgan Stanley and Goldman Sachs are losing out in the battle for hedge funds&#8217; dwindling pool of assets, as funds seek out banks with diverse sources of funding in a major shake-up of prime broking. The collapse of investment bank Lehman Brothers in September shocked hedge funds, as those with [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/01/2009/universal-banks-winning-battle-for-hedge-business.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Bond Dealers, Hedge Funds Will Face Penalty for Failed Trades</title>
		<link>http://www.hedgeco.net/news/01/2009/bond-dealers-hedge-funds-will-face-penalty-for-failed-trades.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/bond-dealers-hedge-funds-will-face-penalty-for-failed-trades.html#comments</comments>
		<pubDate>Fri, 02 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[bond dealers]]></category>
		<category><![CDATA[federal-reserve]]></category>
		<category><![CDATA[group financing]]></category>
		<category><![CDATA[market practices]]></category>
		<category><![CDATA[morgan stanley]]></category>
		<category><![CDATA[oversight]]></category>
		<category><![CDATA[practices group]]></category>
		<category><![CDATA[proceeds]]></category>
		<category><![CDATA[securities group]]></category>
		<category><![CDATA[six months]]></category>
		<category><![CDATA[trades]]></category>
		<category><![CDATA[treasury market]]></category>
		<category><![CDATA[treasury securities]]></category>
		<category><![CDATA[wipf]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Bond dealers and hedge funds that fail to complete trades in Treasury securities face a penalty of as much as 3 percent on the proceeds of transactions, according to a Federal Reserve-backed industry code to be implemented in the next six months. The plan, which strengthens official oversight of trading, will be unveiled [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/01/2009/bond-dealers-hedge-funds-will-face-penalty-for-failed-trades.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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