- Find a Hedge Fund
- Hedge Fund News
-
Hedge Fund Service
Providers
Top 10 Service Provider Categories
Featured Service Provider
- Hedge Fund Conferences
- About HedgeCo
At ICFA’s Global Awards 2009 gala dinner the Bank of New York Mellon took home 7 awards: * Custodian of The Year: Americas – BNY Mellon Asset Servicing * Hedge Fund Administrator – The Bank of New York Mellon AIS * Transition Management Provider – Mellon Transition Management * Transfer Agent – BNY Mellon Asset Servicing * Broker/Dealer Custody & […]
By Steven M. Etkind, Roger D. Lorence and Steven Huttler The Internal Revenue Service (the “IRS”) has issued two rulings on participants in the life settlements industry. This ever-expanding investment strategy entails the sale of life insurance policies to third party investors, who may themselves re-sell the policies or hold them to maturity (the death of the insured). The life […]
“Nickels vs. Black Swans: Reputation, Trading Strategies, and Asset Prices” by Yale professor Hongjun Yan and his doctoral student Steven Malliaris, looks at how hedge fund managers’ concerns about their reputations affect their investment strategies. The paper explains why “nickel” strategies are popular, even when they offer low expected returns. Nickel strategies are those that earn small positive returns most […]
HedgeCo.Net as of April 27th, 2009 Just a short “Housekeeping” note to let you know to keep your eyes on the HedgeCo.Net homepage for the next few days. There are a couple different things that we are working on: Draw traffic to our unique hedge fund breaking news a Enhance our relationship with S&P by adding direct links to their […]
Clients are demanding that investment managers communicate more than just data Executive Summary Transparency has typically been equated with access to data (trade, exposure, valuation, etc.), but the financial crisis and fund scandals have led clients and investors to demand more. Major surveys and anecdotal evidence indicate communication is now in demand. Clients want managers to put the numbers in […]
Unlike the previously proposed revisions, Pluris believes the approved FASB (Financial Accounting Standards Board) revisions will not hurt hedge funds. The new revisions cover hedge fund transparency and diclosure issues, starting June 2009. Espen Robak, president of Pluris Valuation Advisors LLC, praised FASB, “This is great news, not only for investors but for reporting entities as well,” Robak said. “As […]
The chorus of pundits critical of VaR, traditional risk models, and Modern Portfolio Theory has grown louder over the years with a crescendo in the past few months with the public defeats of these theories in failing to defend firms against over-exposure in RMBS, CMBS, CDS and numerous other shaky acronyms. Although I agree that stat-based risk management has its […]
James McCallum posts an interesting blog entry that claims links between Stanford and South American money laundering cartels, and details what it would mean for tax payers. From the article: The allegations that surfaced suggesting that Sanford (sic) Financial may be linked to money laundering for Latin American drug cartels through The Bank of Antigua and related banking enterprises in […]
President’s Budget Proposals
By Steven M. Etkind and Roger D. Lorence The Treasury Department has released its lengthy explanation of the President’s wide-ranging tax proposals. The President aims to deliver on both tax “fairness,” especially the ending of perceived tax abuses and “loopholes,” and increasing federal tax revenues. Particularly hard hit would be U.S. businesses with operations outside the U.S. and the financial […]