West Palm Beach (HedgeCo.net) - Pharos Financial Advisors Limited, a specialist emerging markets fund manager, announced that it has been granted a license by the Dubai Financial Services Authority (DFSA) to operate as an authorised firm within the Dubai International Financial Centre (DIFC).
Founded in 1997 by US national, Peter M. Halloran, with seed capital from […]

West Palm Beach (HedgeCo.net) - The Morgan Stanley Frontier Emerging Markets Fund, Inc. (the “Fund”) has issued 7,100,000 shares of common stock at a price of $20 per share resulting in gross proceeds to the Fund of approximately $142,000,000.  The Fund’s shares began trading on August 25, 2008 on the New York Stock Exchange under […]

New York, July 8, 2008 — The Absolute Return New Funds Survey, published in the July/August issue of Absolute Return magazine, shows that new hedge fund launches this year in the Americas totaled $19.5 billion, with the top five funds amassing $13.7 billion, for more than 70% of the total. The number of fund launches […]

West Palm Beach (HedgeCo.net)- Dynamic Funds ("Dynamic") has announced the launch of two global growth funds, the Dynamic Power Global Navigator Class and Dynamic Power Global Balanced Class.
The fund manager also launched a hedge fund of funds, the Dynamic Alternative Opportunities Fund, giving retail investors access to a basket of the Company’s hedge fund products. […]

LONDON (Reuters) Gartmore head of global emerging markets Chris Palmer is net short Indian stocks and is concerned about government interference in private enterprise and a lack of financing for growing firms, he told Reuters.
Palmer, who manages a range of portfolios including the $1 billion (513 million pounds) Gartmore Sicav Emerging Markets fund, said his […]