Monthly Archives: May 2006
Fund managers do their maths
MSNBC – More than 28 per cent of all US equity trading was driven by so called “algorithmic trading” at the end of last year, as traditional fund managers followed the lead of hedge funds and began to embrace complex […]
Hedge Funds That Bet On Refco Face Letdown
Dow Jones – Refco Inc.’s (RFX) creditors said disappointment awaits a group of hedge funds that has bet on a “substantial” payoff in the company’s bankruptcy case. The hedge funds, including JMB Capital Partners and Lonestar Capital Management LLC, hold […]
Rockwater Hedge hires New CFO
WEST PALM BEACH, FL (HEDGECO.NET) – Rockwater Hedge, LLC, an investment management firm that offers sophisticated municipal bond investing strategies to institutional and high net worth investors, today announced that it has hired John E. Hapke as Chief Financial Officer. […]
Top 25 Hedge Fund Managers
WEST PALM BEACH, FL (HEDGECO.NET) – The Top 25 highest paid hedge fund managers earn $363m on average, according to the Institutional Investor’s Alpha magazine list. Up 45 per cent from the $251maverage in 2004. The top slots are an […]
Companies advised to heed hedge fund demands
Reuters – Hedge funds, whose huge stock bets can cause big market swings, are feared and reviled by many corporations that prefer more control over their fortunes. But companies willing to open their doors to hedge fund scrutiny could gain […]
Offshore tax risk to hedge fund managers
Financial Times – Hedge fund managers could have to pay hundreds of millions of pounds in tax after a crackdown on firms that channelled excessive profits to offshore tax jurisdictions. // Investigators are pursuing fund managers who cannot justify the […]
Japanese investors embrace hedge funds
Japanese pension funds are examining alternative investment vehicles more closely, according to panellists at the Terrapinn Investor Asset Allocation Japan conference in Tokyo. But Masakazu Arikawa, president for Mcube Investment Solution, Japan, and former president of the Sony Global Pension […]
Popular Brazil trade gets crowded at exit point
Financial Times – Foreign investors have piled into Brazilian domestic debt since last year as spreads on the country’s sovereign bonds over comparable US Treasuries have tightened almost toinvestment-grade levels and returns on domestic bonds have become much more compelling. […]
Hundreds Of Millions For Top Hedge Funders
KGO – Where is the money and power on Wall Street? A new survey reports that it is firmly in the hands of those who run hedge funds. How about an annual payday of $1.5 billion? According to a surveyby […]
Henderson to Outsource Servicing for $2 Billion of Its Hedge Fund Assets to JPMorgan Hedge Fund Services
Forbes – Agreement comes after JPMorgan Hedge Fund Services acquired Paloma Partners’ middle and back office Henderson Global Investors, the global asset manager with GBP 67.7 billion ($126.3 billion) of assets under management, has entered into an agreement with JPMorgan […]
China Hedge Fund launched by FrontPoint
WEST PALM BEACH, FL (HEDGECO.NET) – FrontPoint Partners is launching a Greater China long/short hedge fund at the beginning of June, the Hong Kong-based hedge fund has Credit Suisse and Goldman Sachs as the fund’s prime brokers. The fund administrator […]
Tread carefully in the world of hedge funds
Globe and Mail – You won’t find a better stress test for a hedge fund than the miserable month of May on the stock markets this year. “May will be a very good indicator,” said Tony Sanfelice, president and CEO […]