Monthly Archives: November 2004

Tremont says Hedge Funds gained $25.1 billion during the third quarter

WEST PALM BEACH, FL (HEDGECO.NET) – The hedge fund industry gained $25.1 billion of new investor assets during the third quarter of 2004, according to a Tremont report. These assets were slightlylower than the assets attracted in the previous two […]

Assets of Top 50 Hedge Funds Soar to new heights

WEST PALM BEACH, FL (HEDGECO.NET) – The total investment assets of the worlds top multi-manager hedge fund companies have surged to new heights, according to a new published study. Alpha magazine�snew released data, shows that the total managed assets of […]

NASD Task Force Takes Aim at Hedge Funds

The NASD Mutual Fund Task Force (the �Task Force�) recently issued its report on and recommendations with respect to the use of soft dollars and disclosure of transaction costs. The report can beread in its entirety on the NASD website. […]

Hedge Fund returns affected by possible imbalance between supply and demand

Hedge fund performance in 2004 may go down as the worst return seen by the hedge fund industry since such records were widely watched by investors. Jonathan Hook, chief investment officer of BaylorUniversity, told attendees at the International Centre for […]

Hedge Funds not a cure for investment woes senior World bank official says

Hedge funds are not a magic cure for investment woes according to a senior World Bank official. Graeme Wheeler, vice president and treasurer at the World Bank, told an ICBI financial conference thatPension funds as well as endowments mistakenly think […]

New SEC hedge fund law may negatively impact smaller managers

The new hedge fund law recently passed by the SEC may become a hurdle for smaller hedge funds. The new law may freeze smaller hedge fund managers out of the boom in the hedge fund asset management,according to senior hedge […]

Leverage seen steady as Hedge fund managers face pressure to make money

WEST PALM BEACH, FL (HEDGECO.NET) – As the year 2004 draws to a close many hedge fund managers are facing increasing pressure to make money for investors in a year marked by lackluster returns.However, the level of hedge fund borrowing […]

More Banks now offer Hedge Funds

WEST PALM BEACH, FL (HEDGECO.NET) – A growing number of banks and banking institutions are beginning to include hedge fund portfolios in their list of products offered to their customers. Accordingto published reports, banks such as Citigroup, Wachovia Corp., Bank […]

Hedge Funds more open about investment strategies

WEST PALM BEACH, FL (HEDGECO.NET) – Hedge funds are now more eager to provide details about their investment methods and strategies, in light of the growing number of traditional investors interestedin their products. According to a Reuter�s news report, this […]

Julius Baer unveils new single manager Hedge Fund

WEST PALM BEACH, FL (HEDGECO.NET) – Julius Baer has announced that it is launching a new single strategy hedge fund. The new product is an innovative absolute-return fund geared towards private andinstitutional investors. The fund has a unique combination of […]

Hedge Funds becoming more active in traditional lending

WEST PALM BEACH, FL (HEDGECO.NET) – Due to flat markets, many hedge funds now sit on heavy amounts of cash, but many are now diving into the traditional money lending business according to JeffreyPeek, president and chief executive of CIT. […]

Wall Street Brokers to reap windfall from Hedge Fund growth

WEST PALM BEACH, FL (HEDGECO.NET) – The growing asset management business of hedge funds may benefit Wall Street brokerages. These companies expect to gain a larger portion of profits arising fromtheir increasing services to the hedge fund industry, however some […]