Yearly Archives: 2007
L&G hires senior hedge fund executive
Reuters UK – The investment arm of Legal & General said on Monday that it has appointed former hedge fund executive Ian King to revive its European active equity team after staff exits last year. King will hold the post […]
Ex-US Treasury’s Snow expects hedge fund monitoring
Reuters – Former U.S. Treasury Secretary John Snow said on Tuesday he expected the leaders of the global economy would try to find a way to monitor hedge funds without imposing heavy-handedregulation on them. “The issue here is finding the […]
Multi-manager funds seen growing in Asia
Reuters UK – Demand for multi-manager funds is increasing in Asia and has been a fast-growing area of fund investments globally as investors seek better returns, a top HSBC fund manager said onWednesday. Unlike single-manager funds, multi-managers employ an investment […]
US and Europe Conduct Joint Probe into Hedge Fund Lending
HedgeCo.Net (New York) – US and European regulators are conducting a joint probe into banks and securities firms to see if they are setting careful limits when lending tohedge funds. Officials want to know how much margin banks require hedge […]
HFN Reports 2006 as Good Year for Hedge Funds
HedgeCo.Net (New York) – Early estimates from HFN Hedge Fund Aggregate Average shows plus 1.36% in December and finished 2006 at almost plus 12%. Although trailing theS&P 500 TR’s +15.80%, 2006 was the best year for hedge funds since 2003 […]
Round II — The SEC Takes Aim at Hedge Funds and Private Equity Funds with Proposed Fiduciary Rule and Increased Accredited Investor Standard
HedgeCo.net ( West Palm Beach ) – On December 27, 2006, the SEC published two new rule proposals, a broad anti-fraud rule, and a substantial increase in the net worth standard for individuals who can invest in certain types of private […]
New Film Hedge Fund
HedgeCo.net ( New York ) – An established Hollywood producer and technology entrepreneur has decided to launch a film hedge fund. Mark DiSalle is launching Colosseum Pictures L.P next month.The fund is organized to invest in full-length motion pictures and […]
ex-Pirate’s Launch new Hedge Fund
HedgeCo.Net (New York) – Two former analysts and a portfolio manager from activist hedge fund Pirate capital have joined a new hedge fund started byanother ex-Pirate colleague. Andrew Stotland, a former marketer at Tom Hudson’s Pirate Capital, formed FrontFour Capital […]
Hedge Fund Manager Hired by L&G
HedgeCo.Net (New York) – Legal & General, the UK pension fund worth £218 billion, has appointed former hedge fund executive Ian King as head of L&G’s active European equities. He was involved in 2006 in establishing KDR Europe, a European […]
BGI gets Ahead with Hedge Fund Technology
HedgeCo.Net (New York) – Blake Grossman, the head of Barclays Global Investors in San Francisco said “We didn’t set out to be a hedge fund giant,” Nevertheless, BGI managesalmost $1.7 trillion in assets and has a stake in 65 of […]
RFA Introduces new Hedge Fund Protection Product
HedgeCo.Net (New York) – Richard Fleischman & Associates (RFA), the leader in IT solutions for the hedge fund community, today announced the general availability of theeHarbor file and e-mail data backup/restore solution for hedge funds. “The best way for a […]
Conifer Securities: Scrutiny of Hedge Funds Operational Risk to Intensify in 2007
SAN FRANCISCO, January 8, 2007 – Operational scrutiny of hedge funds will continue to intensify this year due to demands from investors and regulators, according to Conifer Securities, a leading provider of business and operations solutions to hedge fund managers, […]