Monthly Archives: January 2008
Protean Unveils Hedge Fund Fraud Insurance For Investors
CNNMoney.com- Amid a spate of allegations of fraud at hedge funds, a London-based firm has launched fraud insurance for investors. Protean Investment Risks, a newly-formed company, from Monday is offering its Protean insurance product to wealthy individuals and institutions to protect […]
Northern Rock bidders have two weeks left
Telegraph.co.uk- The Treasury has this morning invited new bidders to come forward for Northern Rock after unveiling its long-awaited plan on how to resuscitate the stricken bank. The move could make the competition among private bidders for Northern Rock – […]
Centaurus Capital Wants Atos Origin to Be Sold, Les Echos Says
Bloomberg- Atos Origin SA should be sold to a large company, Bernard Oppetit, president of Centaurus Capital Ltd., said in an interview published in Les Echos today. Atos Origin is lacking strategy and could be taken over by Centaurus and […]
Mutual Fund to Replicate Hedge Fund in Japan
West Palm Baech- (HedgeCo.Net) BNP Paribas Securities announced plans to launch a mutual fund in Japan which will go after similar investment returns to those generated by hedge funds. The mutual fund will target regional banks and other institutional investors […]
Fairfield Greenwich Group Launches New Business Unit Dedicated to Third-Party Managers
HedgeCo.net -January 17, 2008. Fairfield Greenwich Group ("FGG"), a leading global alternative asset management firm with approximately $16 billion in assets under management, today announced the formation of a new business unit dedicated to the marketing and distribution of external […]
Vesuvius Hedge Fund Launch
West Palm Beach (HedgeCo.Net) Magma Fund Advisors, Ltd announced the launch of their first hedge fund, the Cayman domiciled Vesuvius Investment Fund, which opened its doors in January, 2008. The new hedge fund was formed for a select group of […]
Magellan fund reopens to new investors
BOSTON Reuters – Fidelity Investments will let newcomers put money into its flagship Magellan stock portfolio for the first time in more than a decade to pull in fresh cash at a time when retirees are taking savings out, the […]
HSBC fund seeks firms tackling global warming
HONG KONG (Reuters) – Reuters) – HSBC Holdings launched a climate change fund on Thursday to give investors a chance to turn a threat into an opportunity by buying into the increasing number of firms trying to tackle global warming. […]
Goldman generates $7bn for hedge fund
MSNBC- Goldman Sachs raised $7bn for its latest hedge fund, making GS Investment Partners the largest fund launch ever and securing the US investment bank’s reputation as a powerhouse in the hedge fund industry. The new fund, run by Raanan […]
Hedge funds face US bankruptcy law author
Caymen Net News – (Bloomberg) – US investment bank Bear Stearns Cos. faces an unusual adversary in trying to reverse a ruling denying two of its bankrupt Cayman Islands hedge funds protection from US lawsuits while they liquidate here in […]
Abu Dhabi takes its fortunes to Hollywood
Zawya – Fresh from buying into English Premier League football, Abu Dhabi has its eye on another trophy. The emirate will on Wednesday set out plans to become one of the world’s largest film producers, with $1bn to invest in […]
HedgeCo.Net Unveils Next Generation Web 2.0 Online Community and Database
New York – January 17, 2008 – HedgeCo LLC, an industry leading financial services and information company, announced today the launch of the all new HedgeCo.Net. Completely redesigned, HedgeCo.Net now includes several advanced “Web 2.0” features built exclusively for hedge […]