Monthly Archives: February 2004

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

TOKYO, Feb. 19 (Kyodo) — ———- Shinsei Bank proves popular on TSE debut TOKYO – Shinsei Bank attracted great attention on its first day of trading on the main section of the Tokyo Stock Exchange (TSE) on Thursday, ending the […]

HONG KONG (HEDGECO.NET) – Pioneer Investments is about to join the retail hedge fund market of Hong Kong, with the establishment of multi-manager and multi-strategy fund of hedge funds, Edmund Lacismade the disclosure in a released statement.Lacis is Pioneer�s Asia […]

WEST PALM BEACH, FL (HEDGECO,NET) – Invesco Asset Management has unveiled a new hedge fund, the new product, would be utilizing the Equity Market Neutral Strategy for trading purposes, according thereleased statement. The new portfolio is being managed by the […]

NEW YORK (AP) – Mutual fund giant Franklin Resources Inc. says the trading activity at the center of charges recently filed by Massachusetts regulators harmed no one, and the mutual-fund company hasrejected at least $3 billion in assets from “market-timing” […]

NEW YORK (AP) — The dollar staged a strong corrective rally against its major rivals in U.S. trading Wednesday from new lows overnight as investors, particularly hedge funds, pared back bets theU.S. currency will sink much further in the immediate […]

NEW YORK – The New York Stock Exchange’s five largest “specialist” firms tentatively agreed to pay a total of about $240 million to settle civil charges that they failed to supervise traders whostepped ahead of customer orders on the Big […]