Tag Archives: quot quot
Hedge Fund Magazine Launch in September
West Palm Beach (HedgeCo.net) – Euromoney Institutional Investor is planning to launch a new magazine and online offering covering US and international hedge funds in September. The company’s hedge fund publishing assets include Institutional Investor’s Alpha magazine and Absolute Return […]
Morgan Stanley Launches Enhanced Protection for Hedge Fund and Prime Brokerage Clients
West Palm Beach (HedgeCo.net) – 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. […]
AIMA To Mobilise Hedge Fund Industry On EC Directive
West Palm Beach (HedgeCo.net) – The Alternative Investment Management Association (AIMA), announced plans to mobilise the world’s hedge fund industry on the European Commission’s draft directive for Alternative Investment Fund Managers. “There are provisions in this directive with potentially serious […]
In Chrysler Saga, Hedge Funds Cast As Prime Villain
President Obama’s harsh attack on hedge funds he blamed for forcing Chrysler into bankruptcy yesterday sparked cries of protest from the secretive financial firms that hold about $1 billion of the automaker’s debt. Hedge funds and investment managers were irate […]
Schemes increasing allocations to non-traditional assets
Professional Pensions – European schemes are increasing their allocation to non-traditional asset classes in a bid to manage their risks more effectively, Mercer says. The consultant’s European Asset Allocation Survey – which polled around 1000 schemes from 11 countries – […]
Strong Performance In First Six Months For ACP Fund
West Palm Beach (HedgeCo.net) – London hedge fund manager ACP Partners, which is soon to merge with TriAlpha Investment Advisors, said that their long/short eguity strategy fund, ACP Financial Opportunities, has beaten its benchmark by over 65% in its first […]
AIMA Statment On The Turner Review
West Palm Beach (HedgeCo.net) – “We welcome the publication of the Turner Review, which is an impressive and comprehensive piece of work." Andrew Baker, Chief Executive of The Alternative Investment Management Association (AIMA), said, "It is about the banking system’s […]
Bernanke Addresses Congress, Defends Another AIG Bailout
New York (HedgeCo.Net) – After handing AIG another $30 billion in taxpayer-funded, government bailout funds, U.S. Federal Reserve Chairman Ben Bernanke defended the decision, with the worn-out argument that the insurer’s failure may trigger an economic domino effect. “We know […]
Santander Bank Struggles to Meet Redemptions, Seeks to Halt Withdrawals
New York (HedgeCo.Net) – Spanish bank Santander is seeking to freeze redemptions after stating on Monday that they currently lack the liquidity to meet the rising demands for withdrawals. Investors in the bank’s flagsihip real-estate fund, the Santander Banif Inmobiliario […]
Miami CEO Dishes Out $60 Million to Thank Employees
New York (HedgeCo.Net) – While some top banking execs choose to blow millions on lavish area rugs or fancy, non functional commodes, Leonard Abess Jr. of Miami-based City National Bank had a better idea; give back to the people who […]
KBR and Halliburton to Pay $579 Million to Settle Charges
New York (HedgeCo.Net) – Halliburton and KBR, Inc. have settled with the Securities and Exchange Commission after allegations that KBR subsidiary Kellogg Brown & Root illegally obtained construction contracts in Nigeria by bribing government officials. KBR and Halliburton will pay […]
