Monthly Archives: February 2006
Google gaga
Wall Street Journal – Mutual funds piled into Google Inc. in 2005 as Wall Street repeatedly raised the baron the Internet search giant’s earnings prospects while its stock price soared. As the stock begins to gyrate, fund managers — and […]
ABP an observer at Commission hedge fund group
IPE.com – Stichting Pensioenfonds ABP has been named as an observer at a new expert sub-group on hedge funds set up by the European Commission. The Dutch civil service scheme’s Robert Coomans is one of five observers to the group […]
Launch suggests hedge fund fees remain sky high
MarketWatch – When SAC Capital Advisors, a top-performing hedge fund run by Steven Cohen, started raising money for a new fund in December, many investors rushed to get in. That’s despite an annual management fee of 3%, a performance fee […]
Refco judge says Man can receive Cargill contract
reuters.uk – A U.S. bankruptcy judge ruled on Tuesday that an agreement for Cargill to use a unit of bankrupt Refco as its sole commodities broker could be assigned to the new ownerof the Refco unit, Man Financial. U.S. Bankruptcy […]
At declaration day, hedge funds find way around rules
Middle East North Africa Financial Network – Many hedge funds, the often secretive and lightly regulated investment vehicles for wealthy individuals and big institutions, are hedging when it comes tonew rules requiring them to give up some of their privacy. […]
Easing the Sting
Smart Money – CALL IT HEDGE FUNDS’ dirty secret: They often generate painful tax bills for investors. That mattered less back when hedge funds routinely churned out double-digit returns. But as returns have slipped in recent years, individual investors  […]
Hedge Funds expect compliance costs to rise
MSN MoneyCentral – Some hedge fund managers believe their compliance costs will increase this year even though they took steps last year to register their businesses with the chief US financial regulator, according to a new survey. Greenwich Associates, the […]
Hedge Funds have a pile of cash to lend. Should you take it?
CFO.com – Trident Exploration Corp. needed money last year, and lots of it. Based in Calgary, Canada, the privately held company extracts natural gas from coal, but its business is too early-stage for most commercial bankers. So Trident turned to […]
EU Urged to Regulate the European Hedge Fund industry
WEST PALM BEACH, FL (www.hedgeco.net) – The EU Financial Services Commissioner Mr. Charlie McCreevy said in an interview that the European Union should regulate the European Hedge Fund industry so asto protect the interest of inexperienced investors. Similar arguments were […]
ABN AMRO Asset Management sees further expansion in global hedge fund sector
WEST PALM BEACH, FL (www.hedgeco.net) – ABN AMRO Asset Management has predicted a continuous growth and development of the global hedge fund management industry. The firm predicts that global hedgefund management assets will continue to expand over the years, as […]
Buy- out groups to react to the competition coming from Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – Recently many hedge fund companies have moved into the realm of buy-out companies. Such competition has threatened the buy-out industry, partly due to theefficiency with which hedge funds close such deals. There is also […]
FSA to Probe GLG Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – The UK�s financial market regulator FSA is looking into the activities of the GLG Hedge fund company, according to the Reuter�s report. The investigationcenters on the $2.86 billion convertible bond issued by Sumitomo Mitsui […]