Monthly Archives: February 2004
The fundmanager in a stock-picking class of his own
HE might not be sure how many, if any, A levels he took but British-born Anthony Rawlinson has a good enough stock-picking brain for his $500 million (Pounds 265 million) global value equities fundto be top of the performance tables. […]
Socially Responsible Hedge Fund to Donate Part of Profits to Charity
WEST PALM BEACH, FL (HEDGECO.NET) – StarFish hedge fund, managed by King StarFish Capital Mgt. LLC, is a socially responsible hedge fund, and is owned by minority and women interest according to thepress release from the asset management firm. The […]
Former Bear Stearns High Profile Analyst to Launch a New Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – Jason Ader, a former high-profile analyst at Bear Stearns is launching his own hedge fund according to Reuter News Service. Mr. Ader founded the New York-basedHayground Cove Asset Management in March 2003, and is […]
Fidelity Says it Has No Plans for Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Fidelity Investments has no plans to enter the hedge fund retail marketing business, such disclosure was made by Robert Reynolds, the vice chairman and investmentofficer for Fidelity. According to Mr. Reynolds, running mutual funds […]
Endowment Fund hit US$ 2.17 Billion, Manager Credits Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – The endowment fund of Vanderbilt has experienced declines for the past several years, part of the problem was in the fund�s investment philosophy, but somethingchanged, as the investment managers of the fund decided to […]
Hedge Funds can now trade P-Notes SEBI Says
WEST PALM BEACH, FL (HEDGECO.NET) – The Securities and Exchange Board if India [SEBI] has clarified its former decision with respect to Hedge funds trading in Participatory Notes. The Indianregulator now says that all international hedge funds can now trade […]
Hedge Funds Made Gains in January
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge funds made gains for the month of January, according to new data from hedge fund data trackers. The CSFB/Tremont hedge fund index reported that the averagehedge fund gained 1.7% during the month of […]
RefCo and Abbey Capital launch new hedge fund
NEW YORK, February 19, 2004 — REFCO Alternative Investments, LLC (RAI), the alternative asset management division of REFCO Group Ltd., LLC (�REFCO�), and Abbey Capital Limited (�ACL�), thespecialist alternative investment portfolio manager based in Dublin, today announced the launch of […]
Hedge Funds Helped the Dollar Rebound
WEST PALM BEACH, FL (HEDGECO.NET) – The US dollar rebounded on Wednesday; from its new lows many currency traders scrambled to cover their short positions betting on further declines on the currency.Hedge funds helped the dollar rally as many funds […]
Zurich International Launches Fund of Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Reacting to investor demands for hedge fund products, Zurich International Life has launched its own hedge fund of funds, the new strategy targets non-UK investorsaccording to the released statements. For some time Zurich investors […]
Franklin Resources Denies Fraud Claim
Feb. 19–Mutual fund giant Franklin Resources Inc. fired back at Massachusetts Secretary of State William F. Galvin, saying it did not commit fraud when it allowed a wealthy investor to make moremarket-timing trades in one of its mutual funds than […]
Dollar approaches 107 yen line, overcoming early selling in Tokyo+
TOKYO, Feb. 19 (Kyodo) — The U.S. dollar overcame early selling and attempted to retake the 107 yen line Thursday in Tokyo as hedge funds running short-term funds continued to buy back the currency. At 5 p.m., the dollar was […]