Yearly Archives: 2007
Study Finds Flight Of SEC-Registered Hedge Fund Advisors
Dow Jones- After years of solid gains, the number of new federally-registered investment advisors rose just 1.5% in 2007, reflecting flight by hedge-fund advisors no longer subject to oversight by the Securities and Exchange Commission, according to a study to […]
Hedge funds focus on asset growth
Financial News Online US- Two more of the world’s best performing hedge fund managers have reopened their funds for the first time in years as the industry switches fromgenerating high returns to gathering assets. Tudor Investment Corporation, with net returns […]
Short sellers bank on financial sector ETF
Marketwatch – Professional money managers and hedge funds have ramped up short positions in a popular exchange-traded fund tracking the financial-services sector as investors grow increasingly concerned about credit quality, interest rates and slowing corporate profits. Those moves looked prescient […]
P-Solve Alternative Investments Strengthens Team
P-Solve Alternative Investments (“PAIâ€Â), a $375m* fund of hedge funds manager, today announced the return of Dr Lee McCulloch-James as Quantitative Risk Manager. Mr McCulloch-James rejoined the PAI team on 13 July 2007. He will report to Jabir Sardharwalla, Chief […]
Hedge fund, pipeline owner fixed gas prices, FERC alleges
Los Angeles Times- U.S. regulators on Thursday charged defunct hedge fund Amaranth Advisors and pipeline operator Energy Transfer Partners with manipulating natural gas markets and proposed $458million in penalties. The Federal Energy Regulatory Commission, in its first enforcement action using […]
Hedge fund FRM says U.S. CEO to leave
Reuters- Financial Risk Management (FRM), a $12 billion fund that invests in hedge funds, said on Thursday that Andy Brindle, chief executive of its U.S. unit, will leave, its second U.S. CEO to leave in less than a year. London-based […]
Money still flowing into hedge funds
Reuters- Investors continue to flock to hedge funds, with near-record amounts of new money flooding into the industry in the 2007 second quarter, an industry tracker reported on Monday. Investors poured some $58.7 billion (28.4 billion pounds) into the lightly […]
Absolute Capital hedge fund suspends withdrawals
International Herald Tribune- Absolute Capital Group, an Australian hedge fund that invests in collateralized debt obligations, or CDOs, suspended withdrawals from two of its funds Thursday afterforecasting losses resulting from a rout in U.S. subprime mortgages. The firm froze its […]
Who would lend to a hedge fund?
Reuters- The current brutal conditions in markets from mortgages to corporate loans should be giving banks good reason to think long and hard about their loans to hedge funds. And if they do, watch out, because it would kick one […]
The Expanding Hedge Fund Practice Of Finn Dixon & Herling
West Palm Beach (HedgeCo.Net)- Finn Dixon & Herling LLP announced today that they have significantly expanded their hedge fund practice. The law firm recently made a number of lateral hires, resulting in what is believed to be the largest hedge […]
Hedge funds could scupper Fortis
Reuters- Hedge fund shareholders of Belgian-Dutch bank Fortis may yet scupper its ambition to buy parts of Dutch bank ABN AMRO because blocking the bid could boost the price of Fortis stock, fund managers said. Fortis has joined with Royal […]
Public Pension Systems Betting on Hedge Funds
Washington Post- Determined to keep its promise to the state’s public employees, teachers, police officers and firefighters, the Montana pension system may venture into a high-stakes corner of the investment world: hedge funds. The idea was proposed in two recent […]