Monthly Archives: May 2006
Bundesbank urges hedge fund code
Financial Times – The world’s hedge funds should open up their books for public grading by rating agencies and introduce a code of conduct, according to proposals by Germany’s Bundesbank forincreasing transparency in the trillion-dollar industry. // The Bundesbank’s proposals […]
Walkers Sees Rise in Hedge Fund Financing for Distressed Funds – PR Newswire UK (press release)
WEST PALM BEACH, FL (HEDGECO.NET) – Walkers, the global offshore law firm of choice for investment banks, international law firms, collateral managers, and other financial institutions, said today that the trend of hedge funds investing in distressed funds that are […]
Bernanke urges caution on hedge funds
Centre Daily – Financial authorities must stay attuned to any potential risks posed by the growth of hedge funds, an investment domain of the wealthy that has become more popular with smallerinvestors, Federal Reserve Chairman Ben Bernanke suggested Tuesday. “Authorities […]
Sal. Oppenheim acquires stake in UK Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Sal. Oppenheim was founded in 1789 and is based in Cologne, Germany. Active in the field of corporate finance, Mergers & Acquisitions, Equity Capital Markets, Real Estate Advisory and Financial Institutions they have recently […]
Hedge Funds invest in Hollywood
WEST PALM BEACH, FL (HEDGECO.NET) – Sir George Mathewson, former chief executive of Royal Bank of Scotland, is to become chairman of hedge fund Toscafund Holdings. It is his second appointment in a week since retiring on 28 April after […]
Credit Suisse/Tremont Hedge Fund Index Is Up 2.22% in April
WEST PALM BEACH, FL (HEDGECO.NET) – The Credit Suisse/Tremont Hedge Fund Index is up 2.22% in April, according to Oliver Schupp, President of the Credit Suisse/Tremont Hedge Fund Index. “The equity markets continued an upward trend due to ongoing corporate activity, […]
Investigators Search for Hedge-fund HK Diamonds
Diamonds.net – Financial investigators are trying to locate a stash of 100 diamonds bought in Hong Kong using money linked to a high-profile hedge-fund scandal in Canada. The tangled web leading to the diamonds involves a Hong Kong diamond merchant, […]
FUND VIEW-Good potential in Latin America
Reuters – Latin American bond and equity markets offer investors strong potential for large returns despite the bloodbath on commodity and stock markets on Monday, a hedge fund firm told Reuters. Hedge fund firm Emergent Asset Management and Argentina’s MBA […]
Oil extends fall below $70
CNN International – Oil extended recent sharp losses on Tuesday along with other commodities, on concerns that high energy and raw material costs may hit demand and slow global economic growth. U.S. light crude oil was trading 14 cents lower […]
NY precious metals plummet as funds, specs unload
Reuters – U.S. precious metals futures plunged on Monday as funds and speculators bailed out of the market across the board in a massive profit-taking spree that came after prices hit long-term highslast week, traders said. Gold, after spiking to […]
American Enterprise Institute Hedge Fund Study
American Enterprise Institute – Hedge funds have just been “discovered.†Ordinary investors are clamoring to participate in rewards once the province of the very rich. Reporters are probing to exposewhat has been a closed culture of secrecy. Policymakers are asking […]
Retired RBS Chief Sir Mathewson Joins Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – Sir George Mathewson, former chief executive of Royal Bank of Scotland, is to become chairman of hedge fund Toscafund Holdings. It is his second appointment in a week since retiring on 28 April after […]