Monthly Archives: May 2004
UBS says its Hedge Fund Assets have more than doubled
WEST PALM BEACH, FL (HEDGECO.NET) – UBS, the global asset management firm has announced that its hedge fund management assets have more than doubled, according to the report; growth in the firm�shedge fund management business is predicted to continue to […]
Hedge Fund Investments can aid Modern Portfolio Theory
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge fund investment strategies can help financial advisors achieve a higher risk-adjusted return, according to Gene Swanzey, of FBR Investment Management Inc.According to Mr. Swanzey, many financial advisory professionals have been employing such instruments […]
Merrill Lynch’s strategist resigns to join Hedge Fund firm
WEST PALM BEACH, FL (HEDGECO.NET) – Another Merrill Lynch manager has left the firm to begin a new career with a hedge fund company. Marcel Kasumovich, head of G-10 foreign exchange strategy atMerrill Lynch & Co. in New York, has […]
Hedge Funds gained $22 billion in First Quarter 2004
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge funds gained $22 billion in new assets during the first quarter of 2004, according to new data released by the Chicago based Hedge Fund research, Inc [HFR].According to the new data, �For the […]
Warren Buffet warns about dangers of Derivatives
WEST PALM BEACH, FL (HEDGECO.NET) – Billionaire Warren Buffet has issued a warning about dangers of derivatives instruments. According to him, derivative instruments could pose a huge problem withinthe next ten years. Mr. Buffet was speaking to shareholders at the […]
South African Hedge Funds posted gains for past consecutive 24 months
WEST PALM BEACH, FL (HEDGECO.NET) – A new study conducted by Nedcor Retail Investments showed that all the South African hedge funds participating in the survey, posted positive returns for the pastconsecutive 24 months. The survey was launched last December, […]
Massachusetts town seeks a waiver to invest in Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – The Lexington Massachusetts Retirement System has announced its plans to seek a waiver from the state�s Public Employee Retirement Administration to allow the townto invest some of its retirement assets in hedge fund vehicles. […]
Japan: leading Hedge Fund Market in Asia
WEST PALM BEACH, FL (HEDGECO.NET) – Japan is the strongest and largest hedge fund market in Asia, according to market analysts. Such strength offers some attractive hedge fund investmentopportunities in Asia, with the resumption of growth in the Japanese economy; […]
Hedge Fund Investment Marketers to register as Broker/Dealers
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge Fund investment marketers, also known as finders, have been warned that such activity requires registration with the Securities and Exchange Commission.According to published reports, Investment Management lawyers have been contacting hedge fund finders […]
Former Salomon Smith Barney Analyst to launch new hedge fund
WEST PALM BEACH, FL (HEDGECO.NET) – A former hi-tech analyst at Salomon Smith Barney has announced plans to launch a new hedge fund. According to news reports, Victor Halpert, has raised about US $10million from individuals and institutional investors in […]
Lazard Asset Management to Launch a European Equity Fund
WEST PALM BEACH, FL (HEDGECO.NET) – Lazard Asset Management [LAM] has announced plans to launch a new hedge fund in May, according to a press release. Robert Rowland, who was hired last year with thegoal of assisting the firm to […]
Key Asset Management Launches new Fund of Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Key Asset Management Company has launched its latest fund; Key Hedge Fund Plus is a fund of hedge funds geared towards high-net-worth investors. According to thereleased statements, the new fund of hedge funds, offers […]