Monthly Archives: May 2007
Hedge-Fund Pioneer Steinhardt Sees Rocky Art Market
Bloomberg- Michael Steinhardt, who made hundreds of millions as a New York hedge-fund manager, said owners of contemporary art may have a rocky ride when values fall. “We’ve seen some extraordinary rises in prices, but we haven’t seen the downside,” […]
Call for progress on hedge funds, Doha trade round
Daily Times- German Chancellor Angela Merkel on Thursday reiterated her call for increased transparency among hedge funds and for progress in the stalled Doha round of world trade talks. “On the one hand, hedge funds increase the efficiency of the […]
UK Watchdog Warns Activist Hedge Funds
FT Alphaville- The UK’s Financial Services Authority on Thursday embraced the growing numbers of activist hedge funds but warned them not to conspire to mislead the market. The regulator issued guidelines for the first time to shareholder activists on what […]
Hedge funds invested US$50 bln in Mainland stock market
China Knowledge Online– International hedge funds have poured as much as US$50 billion into the Mainland’s stock markets, becoming a force that regulators cannot afford to ignore, according to a top Mainland think-tank. The estimate is the result of the […]
Hedge Funds Shift Weight to Small Caps
Wall Street Journal- A new report from Goldman Sachs Group Inc. highlights some differences between hedge funds and mutual funds in the second quarter, including that hedge funds were more weightedtoward energy, technology and small-company stocks in recent portfolios. The […]
Incremax Wins Microsoft Hedge Fund Competency Award
Incremax was awarded with Microsoft’s Third Quarter New York/New Jersey Area Partner Award for Competency in understanding the scalable infrastructure, information productivity and custom business applications that drive both Fixed-Income and Equity hedge fund management firms. “Most Managing Directors are […]
British Empire ups stake in RAB Special Situations
Reuters- Top-performing British Empire Securities & General Trust has upped its stake in listed hedge fund RAB Special Situations because it believes it is a cheap way to gain exposure to mining stocks. According to a regulatory filing, the 834 […]
Higher Taxes Wouldn’t Have Big Impact on Hedge Funds
CNBC- The top 100 hedge funds control $1 trillion in assets and their managers make “staggering” salaries. Should they be taxed? Michael Peltz, executive editor of Alpha Magazine, and Gary Weiss, author of “Wall Street Versus America,” took up the […]
Hedge Fund Registration: No Silver Bullet
CNBC- The effort to require hedge funds to register just doesn’t die. After the court struck down the Securities and Exchange Commission’s mandate to require registration, Sen. Charles Grassley picked up the torch. But Senator, consider the comments of the […]
Hedge Fund Office Opening In Zunich
Hedge fund service provider Cantor Fitzgerald today announced the opening of a new office in Zurich, Switzerland, further expanding its global footprint within the world’s financial markets. The new office is based in the heart of Zurich’s financial district at […]
Missing billions in Iraq fueling private equity and hedge funds?
India Daily- No one knows where the private equity and hedge funds got billions to fuel the stock market and the commodity markets. It is also interesting to note that Members of Congress demÂÂanded on Tuesday that the Bush administration […]
Deutsche Bank CEO Defends Hedge Funds
MSN MoneyCentral – FRANKFURT, Germany (AP)- Hedge funds and private equity firms should take an active role in the companies in which they are invested and should not be criticized for doing so,Deutsche Bank AG’s chief executive said Tuesday. Investors […]