Monthly Archives: August 2004

WEST PALM BEACH, FL (HEDGECO.NET) – Mr. Gross, chief investment officer of US Pimco fund management group has criticized hedge fund managers by charging that they depend on largely leverage, ratherthan skill in trading. Gross called hedge funds a �craze� […]

WEST PALM BEACH, FL (HEDGECO.NET) – One Financial announced the launch of the ONE Financial MSCI Hedge Investable Index Notes, Series 2. The new system is an innovative investment product offeringreturns linked to a broadly diversified Index of 97 hedge […]

WASHINGTON, DC (HEDGECO.NET) – The US Securities and Exchange Commission has suffered a temporary setback to its reform efforts. Cynthia M. Fornelli, the highly regarded deputy director of the USSecurity and Exchange Commission’s division of investment management, has decided to […]

WEST PALM BEACH, FL (HEDGECO.NET) – As hedge fund investment philosophy continues to make its way into the European Pension fund�s asset allocation formula, more pensions plans continue to seek outskilled hedge fund managers to invest with. According to published […]

WEST PALM BEACH, FL (HEDGECO.NET) – Prevailing trend less equity markets, high energy prices, and heightened security concerns have all cast a shadow over the ability of hedge fund managers todeliver absolute returns to their investors. While hedge fund returns […]

WEST PALM BEACH, FL (HEDGECO.NET) – Cardinal Asset Management has decided to plunge into the ever-growing world of hedge fund management, according to published reports. Cardinal has contractedPhillip Wale, a veteran hedge fund manager, to assist the firm to develop […]

The Chairman of the US Securities and Exchange Commission Alan Greenspan has again added his voice to the issue of hedge fund regulations proposed by the SEC. Earlier Greenspan told a US HouseCommittee that hedge funds are important participants in […]

WEST PALM BEACH, FL (HEDGECO.NET) – Hedge funds have continuously been blamed anytime that things go wrong with the markets. During the Asian currency crisis, some managers of the Asian economieseven charged that hedge funds were responsible for the financial […]

Special from Jay Gould SAN FRANCISCO, CA (HEDGECO.NET) – On August 23, 2004, the U.S. Securities and Exchange Commission (the “SEC”) filed an emergency action in U.S. District Court in Wichita, Kansas against a Wichita-based hedge fund and its unregistered […]

WEST PALM BEACH, FL (HEDGECO.NET) – Hedge funds continue to face difficult times resulting from trend-less global equity markets. New hedge fund launches have dropped significantly from levels seenin the past. In fact, some of the largest hedge fund managers […]

UNITED KINGDOM (HEDGECO.NET) – A growing number of UK Pension funds have shown interest in investing with hedge fund managers, according to a recent Pioneer Investments survey. According to theresults of the survey, about 16% of those pension managers included […]

����������� On July 14, 2004, the Securities and Exchange Commission (the �SEC�) voted 3 to 2 to publish proposed new rule 203(b)(3)-2 under the Investment Advisers Act of 1940 (the �Act�) that would require most hedge fund advisers to be […]