Monthly Archives: November 2005
DOW Jones Indexes Announces 2006 Reweighting of DOW Jones-AIG Commodity Index
Dow Jones Indexes, a leading global index provider, announced new target weightings for commodity futures in the Dow Jones-AIG Commodity IndexSM that will become effective in early January 2006. The new target weights, which were determined, approved and previously announced […]
Hedge funds betting Asia will boost gold reserves
Hedge funds, after pushing gold prices to 18-year highs, are looking to China and other Asian central banks as the next big drivers of the metal. This month Russia, Argentina and South Africa decided to increase the amount of gold […]
Hedge Fund Bankruptcy Role Seen Probed
CFO.com Magazine – The Securities and Exchange Commission is investigating the increasing role played by hedge funds in bankruptcy proceedings and whether fund representatives are lying about the size of their stakes to gain critical, sensitive information, according to Bloomberg. […]
More Treasuries investors turn bearish in week
Reuters – An increased number of investors were bearish on Treasuries in the latest week, with expectations of further U.S. interest rate hikes, according to a poll released on Tuesday. Investors who said they were short on Treasuries rose to […]
20% of UK schemes invest in hedge funds
IPE.com – UK – Around one in five large UK pension funds have some exposure to hedge funds, the National Association of Pension Funds says. The NAPF’s annual survey – which asked about hedge funds for the first time due […]
DE Shaw, Bridgewater Top List of World’s Biggest Hedge Funds
Bloomberg – During the past decade, hedge fund managers have emerged as masters of a secretive, $1.08 trillion universe. They rode the 1990s bull market, shorted stocks as the Nasdaq collapsed and made — and sometimes lost — vast fortunes. […]
Private investors crowded out as hedge funds grow
Reuters – The world’s super-rich will soon become marginal financiers in the hedge fund industry as the business they invented is increasingly dominated by large institutional investors, fundmanagers say. Billionaires and other individuals rich enough to spend most of their […]
Hedge fund industry appears to be cooling off – Salt Lake Tribune
During the past decade, hedge fund managers have emerged as masters of a secretive, $1.08 trillion universe. They rode the ’90s bull market, shorted stocks as the Nasdaq collapsed and made – and sometimes lost – vast fortunes. Now, the […]
SEC Investigates Bankruptcy Committees in the U.S. Over Hedge-Fund Fraud
(Bloomberg) — The U.S. Securities and Exchange Commission is investigating the growing role of hedge funds in bankruptcy proceedings on concern money managers are overstating their bond holdings to get access to inside information. SEC officials are trying to determine […]
European Fund Management Lobby Urges Simpler Hedge Fund Laws
BRUSSELS -(Dow Jones)- The European Fund and Asset Management Association Monday called for harmonization of rules governing European Union hedge funds and funds of hedge funds, warning that failure to regulate the market is stifling Europe’s economic growth. In a […]
Hedge funds demand Versatel board changes
LONDON, Nov 28 (Reuters) – Hedge funds representing 15.5 percent of shares in Dutch telecoms firm Versatel demanded changes to its supervisory board on Monday, continuing their resistance to a takeover by Sweden’s Tele2 AB (TEL2b.ST: Quote, Profile, Research). Tele2 […]
Banks’ revenues from hedge funds to slip-research
LONDON, Nov 28 (Reuters) – Investment bank revenues from servicing hedge funds are expected to slip after strong growth this year partly because of greater competition, Morgan Stanley said in aresearch note. Morgan Stanley estimates prime brokerage divisions of investment […]