Monthly Archives: May 2007
Renaissance hedge fund: Only scientists need apply
Reuters- Wall Street traders and analysts take note: don’t bother applying to work at Renaissance Technologies, the $30 billion (15 billion pound) hedge fund manager whose assets could reach $100 billion in coming years. The top-performing firm only hires scientists […]
The Greenwich Global Hedge Fund Index Up +2.04% in April
The Greenwich Global Hedge Fund Index, one of the world’s largest hedge fund databases, returned +2.04% in April, and +4.81% year-to-date. “Hedge funds continue to deliver solid returns, but with significantly less risk than equities,” notes Ben Rossman, General Manager. […]
HFR Launches Hedge Fund Report In Arabic
Chicago-based HFR Group L.L.C. today announced in a press release the publication in Arabic for the first time of its benchmark Quarterly industry report on the performance and size of the global hedge fund industry. HFR has long had a […]
AIMA Issues Revised Sound Practices Recommendations For Hedge Fund Managers
London 22nd May 2007. The Alternative Investment Management Association (AIMA) has today published its revised Guide to Sound Practices for European Hedge Fund Managers. The Guide – originally published in 2002 – considers various practical aspects of establishing and managing […]
Australia Qantas’ Jackson warns hedge funds pose risk to share price
Forbe- Qantas Airways Ltd chairwoman Margaret Jackson has warned that hedge funds holding large stakes in the flag carrier pose a massive risk to the stock price, the Australian newspaper reported. In her first public appearance since Airline Partners Australia’s […]
Private investors to have access to hedge funds
Proposals being considered by the Financial Services Authority (FSA) could give private investors access to hedge funds in the UK. Reports state that the watchdog is planning a consultation into whether or not to widen the scope of UK-based funds […]
OECD says hedge funds highlight need for stress testing
Market Watch- Hedge funds help provide liquidity and reduce volatility in financial markets, but because of their complexity and the growth of the structured products they often trade, portfolios should be stress-tested for the impact of a worst-case scenario, the […]
Simran Receives Hedge Fund Award
Simran Capital Management, a pre-event driven activist hedge fund manager that focuses on stressed and distressed credit markets, was given the “Emerging Manager of the Year” award at Opal Financial Group’s 2007 Emerging Manager Summit. This event brought together a […]
Justice Fines Hedge Fund Manager $250K
AP- A Dallas-based hedge fund manager has agreed to pay a $250,000 fine to settle charges he violated antitrust laws by failing to notify regulators when his stake in a company hit $94 million. In February 2005, James D. Dondero […]
Stenham strengthens its Asset Management Team
Stenham is pleased to announce three senior appointments to further strengthen its Asset Management team. Shyam Moorjani Chief Operating Officer, London. His primary focus will be to further develop institutional markets and ensure the highest level of client servicing. Shyam […]
AIMA Welcomes Financial Stability Forum
London 21st May 2007 – The Alternative Investment Management Association (“AIMAâ€Â) has warmly welcomed the Financial Stability Forum’s (“FSFâ€Â) report on potential financial system risks relating to hedge funds and its recommendations in relation to the ongoing supervision of hedge […]
New Executive Director For Asian Hedge Funds
Joseph Chan has joined the Asia Hedge Fund Association as executive director, based in Hong Kong. His duties will include overseeing the organization’s membership, drive and promoting its mission as a platform for the investment industry. Chan has more than […]