Monthly Archives: November 2007
Price Meadows Incorporated Ranked the #1 Administrator
Price Meadows Incorporated received Institutional Investor’s 2007 Alpha Awardâ„¢ as the hedge fund industry’s #1 Fund Administrator in the “Small Firms’ Favorites†category. This category includes the vast majority of fund managers – funds with less than $1 billion in […]
Experts believe Hedge Funds boosting oil prices
Caymen Net News – As the price of oil gets closer to US$100 a barrel, experts are suggesting that management of certain types of offshore funds may have caused some of the recent price increases. With dire warnings last week […]
Hedge fund start-ups face squeeze from investors
Reuters- Start-up hedge funds face a harder time getting up and running as investors become more demanding and prime brokers squeeze smaller players during the credit crisis. After a golden age when two traders with a terminal could set up […]
Man Group hikes dividend as profits rise
Reuters- Man Group, the world’s largest-listed hedge fund firm, posted a 21 profit rise on Thursday and indicated confidence in its earnings prospects with a 130 percent increase in its first-halfdividend. Pretax profit on continuing operations in the six months […]
Tech and emerging markets hedge funds lead in Oct
Reuters – All hedge fund strategies with the exception of short sellers posted gains in October, with emerging markets and technology showing gains of more than 5 percent last month, industry figuresreleased on Wednesday showed. Hedge funds that invest in […]
Hedge Funds Rose 3.2% in October on Stock, Debt Bets
Bloomberg – Hedge funds returned an average of 3.2 percent in October, the biggest gain in almost two years, as rising stocks and bets against mortgage-backed securities helped firms including PequotCapital Management Inc. and Passport Management LLC. Pequot’s $1 billion […]
NorthPoint Trading Partners Offers Access to Brighton House
ATLANTA, GA (PRWEB) November 9, 2007 NorthPoint Trading Partners Offers Access to Brighton House Associates Investor Network for its Start-up Hedge Fund Clients NorthPoint Trading Partners LLC, a premier prime brokerage and fund services company today announced a strategic relationship […]
100 Women in Hedge Funds Names iMentor Beneficiary
New York, NY – November 7, 2007 – 100 Women in Hedge Funds’ Board of Directors has named iMentor the beneficiary of its 6th Annual Gala to be held on November 14, 2007, at Cipriani 42nd Street in New […]
Hedge Funds in the Middle East Conference Underway
West Palm Beach (HedgeCo.Net)- The third Annual Conference for Hedge Funds in the Middle East, organized by Hedge Funds Review magazine, got underway on November 5 under the sponsorship of Investcorp, the alternative investment specialist. The opening session was attended […]
Democrats Split Over Bill Affecting Backers
Washington Post – In early June, as the Senate Finance Committee began examining how a new breed of Wall Street titan could be paying a special low tax rate on executives’ salaries, one of therichest of them, hedge fund manager […]
$61 Million Shariah Fund Launch By KAMKO
West Palm Beach (HedgeCo.Net)- KIPCO Asset Management Company (“KAMCO”) today announced the launch of the Al Raya Investment Company KSC, with the private placement of 170 million shares. The fund will primarily target international investors in developed markets interested in […]
Dubai borrows $1.26bn to pay for hedge fund
ArabianBusiness.com- Dubai Holding, owned by the emirate’s ruler, on Tuesday said it had taken a $1.26 billion loan from investment bank Morgan Stanley to pay for the acquisition of a stake in a US hedge fund. Och-Ziff Capital Management in […]