Monthly Archives: August 2007
Hedge Funds July Performance
West Palm Beach (HedgeCo.Net)- According to a report from Chicago-based Hedge Fund Research Inc., hedge funds globally returned 0.49% in July. The gain, based on a sample of managers among the 6,500 surveyed, brought the average 2007 advance to 8%. […]
All Business Schools Launch Finance Career Resource Guide
West Palm Beach (HedgeCo.Net)- With investment banking giant UBS forecasting the world economy to grow about 3.5 percent each year and rapid proliferation of multi-billion dollar hedge funds and private equity funds, All Business Schools announced the launch of it […]
Hedge funds hit critical list worldwide
MSNBC- Hedge funds globally suffered their second-worst week in four years during the final full trading week of July as continuing concerns about the spread of US credit problems took their toll on performance. The Hedge Fund Research index of […]
Hedge Fund Bankruptcy Alarm
Cayman Net News- The failure of two Cayman Islands-based hedge funds, which is estimated at US$4 billion in losses, could have severe repercussions on the offshore banking industry in the Cayman Islands, according to experts in the sector. US financial […]
Harry Potter meets hedge funds
FT Alphaville- The world of hedge fund replication has in the past left us a little flummoxed. But having ploughed through the seventh instalment of Harry Potter on the day of its release,we’re pretty darn confident we can take on […]
Goldman Sachs denies selling Alpha hedge fund
Jamaica Gleaner – Goldman Sachs yesterday denied market talk that it was liquidating its Global Alpha hedge fund, amid a report that the fund had fallen 12 per cent in two weeks. Earlier, several traders said there was persistent market […]
Banks and funds look to meteorologists
Reuters- If there were hordes moaning about Britain’s washout summer last month, hedge fund manager Peter Brewer wasn’t among them. He was too busy profiting from the rain to let it sour the taste ofhis cider. Brewer, who manages the […]
S.Korea hedge fund push faces doubts
Reuters) – South Korea has seen its financial sector’s future, and it’s hedge funds. Asia’s fourth-largest economy is seeking to develop homegrown hedge funds, while attracting foreign money managers that would raise its clout as an Asian financial centre. This […]
Aima appoints Baker to fight UK hedge fund clampdown
The hedge fund trade body AIMA has lured a high-level executive from the industry to take up the newly created role of deputy chief executive, in a move to head off a threatened regulatory and tax clampdown of the $1.6trillion […]
U.S. Senate report faults SEC on hedge fund probe
WASHINGTON (Reuters) – The Securities and Exchange Commission mishandled an investigation of suspicious hedge fund trading that led to the 2005 firing of an SEC attorney, a U.S. Senate report says. The report from the Senate Finance and Senate Judiciary […]
Cerberus taps Nardelli to run Chrysler
Reuters- Cerberus Capital Management on Monday named former Home Depot Inc. Chief Executive Robert Nardelli as chairman and chief executive of Chrysler LLC in an executive shake-up just after the private equity firm completed a deal to acquire the struggling […]
Hedge funds spur Dow
Arizona Daily Star- If you’re baffled by Wall Street’s performance last week, consider the increasing influence hedge funds have in manipulating the market. Investors spent another anxiety-ridden week watching last-minute, triple-digit swings in the Dow Jones industrials, driven in part […]