Monthly Archives: September 2007
Fairfield Greenwich Group Adds Partner and Head of Global Sales
September 26, 2007 – Fairfield Greenwich Group (“FGGâ€Â), a global alternative asset management firm with over USD $15 billion assets under management, today announced that it has added a senior professional to its team at the hedge fund specialist’s Madrid […]
Barron’s 400 Index To Serve As Basis Of Structured Note
New York Sept. 26, 2007 Dow Jones Indexes, a leading global index provider, today announced the Barron’s 400 Index will serve as the basis of a structured note issued by Morgan Stanley. This is the first time the recently launched […]
Hedge Funds Backup Habitat For Humanity
West Palm Beach (HedgeCo.Net)- An initiative by the hedge fund community to provide New York City families with home ownership opportunities through Habitat for Humanity NY, has announced the launch of a campaign called Hedge Funds for Habitat. Most immediately, […]
Bear Stearns Hires New Hedge Fund Manager
West Palm Beach (HedgeCo.Net)- Bear Stearns today announced new additions to their staff, among others, Douglas C. Stern, a senior managing director and industry veteran who will help manage the prime brokerage sales team focused on the firm’s largest hedge […]
Majority of hedge funds say ’08 U.S. recession likely
Reuters- A majority of hedge fund managers say a U.S. recession is “very likely” in 2008, but fewer than one in five said an economic slowdown would be bad for their funds, a survey ofseveral-hundred hedge fund managers released on […]
U.S. Aims to Limit Funds
Washington Post – The Treasury Department yesterday assembled two blue-ribbongroups that will explore ways to minimize the risks associated with hedge funds, the latest step to promote accountability in the $1 trillion sector without restricting its growth. Hedge funds are […]
Treasury Panels to Study Hedge Funds
Newsday – The Treasury Department on Tuesday announced the formation of two advisory groups to develop recommendations for a set of “best practices” for the operation of hedge funds, the giant pools of capital that were heavily involved in the […]
Canned Strategy Usage Drops as Access to Custom Algorithms Increases
NEW YORK, NY September 25, 2007 – Buy-side use of algorithms is shifting quickly as brokers aggressively deliver an expanding range of customization services and modularized solutions that allow the buy side to control and manage different electronic trading components. […]
MFS Investment says to expand into hedge funds
Reuters- MFS Investment Management said on Monday it has set up a subsidiary to provide seed capital to hedge funds, in another instance of a mainstream money manager venturing into the alternativeinvestments area. MFS, a unit of Canadian insurer Sun […]
Applied learning Presents, “Hedge Funds Demystified”
West Palm Beach (HedgeCo.Net)- Applied Learning announced today the launch of the “Open Course†Program, the first course being, “Hedge Funds Demystifiedâ€Â. It will run in London on December 4tt offering tutors of outstanding caliber and experience. It will be […]
Two Long Islanders make Forbes billionaire list
Newsday – For the first time, it took more than a mere billion dollars to make Forbes Magazine’s annual list of the 400 richest Americans. But that didn’t present much of a hurdle to Cablevision honcho Charles Dolan and hedge […]
Man Group assets under management $68 billion
Reuters- Man Group, the world’s largest listed hedge fund firm, said on Tuesday that its assets under management have risen to $68 billion (34 billion pounds) from $61.7 billion at the end of March. The firm (EMG.L: Quote, Profile, Research), […]