Yearly Archives: 2007
AIMA Launches New Institutional Investor Steering Committee
London, 18 July 2007. The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment industry association has announced the creation of a new hedge fund industry Investor Steering Committee (ISC). The committee is to comprise institutional […]
Hedge Funds Return An Average Of 5.25% In Second Quarter, Morningstar
New York (HedgeCo.Net)- As of July 13, 2007, hedge funds have returned an average of 5.25% in the second quarter, beating first-quarter performance of 2.1%, Morningstar reported today in a press release. Hedge funds slightly underperformed the S&P 500 Index, which […]
2 Bear Stearns hedge funds nearly worthless
Houston Chronicle- Bear Stearns Cos. told clients today that a meltdown in the subprime mortgage market has made the assets from two of its flagship hedge funds almost worthless. Both funds were squeezed after Bear Stearns made wrong-way bets on […]
EU watchdogs allow hedge fund indices in UCITS
Reuters UK- Stock market watchdogs gave their conditional blessing on Tuesday for the inclusion of hedge fund indices in European Union-regulated funds for small investors. The European Commission, the bloc’s top financial regulator, had asked the EU’s 27 national market […]
China hedge funds no riskier than US funds: survey
Channel News Asia- Hedge funds that invest in Greater China are no more risky than those with money in the US. This is according to a survey commissioned by Fullerton Fund Management. The study was conducted partly to determine if […]
Cayman Hedge Funds Care Grants Announced for 2007
West Palm Beach (HedgeCo.Net)- Hedge Funds Care announced today that they have selected the 2007 Hedge Funds Care grant recipients. After an intensive selection process, Hedge Funds Care has distributed $145,054 to support local projects designed to treat and prevent child […]
Clinton, Obama lead funds
MSNBC – Barack Obama and Hillary Rodham Clinton ended the first half of the year with more than $30 million each for the presidential primaries, a formidable financial performance for thetwo leading Democratic White House contenders. Obama reported having about […]
PM orders watch on hedge funds
Bangkok Post- Prime Minister Surayud Chulanont has ordered the Bank of Thailand to keep a close eye on hedge funds, warning that their movement could have an impact on the baht’s appreciation. The premier made the request at Monday’s economic […]
Hedge fund Pershing Square has big stake in Target (Reuters)
Reuters- The hedge fund run by activist investor William Ackman said on Monday it now owns a 9.6 percent stake in Target Corp (NYSE:TGT – news), adding the discount retailer to its small list of closely watched investments. Ackman’s New […]
Hedge Fund Solutions Partners Up For Background Checks
West Palm Beach (HedgeCo.Net)- Hedge Fund Solutions (HFS) and Risk Management Solutions (RMS) announced today they are partnering together in order to feature comprehensive background investigations as part of HFS’s services to their clients. These reports enable fund of fund […]
Former Wall Street Strategist Launches Small Caps Research Firm
West Palm Beach (HedgeCo.Net)- Satya D. Pradhuman, former Chief Small Cap Strategist at Merrill Lynch, has launched Cirrus Research LLC, an independent research firm specializing in the small, mid and micro cap areas. “We are offering a macro approach to […]
MGS – no ordinary hedge fund business
Gulf News- Man Global Strategies (MGS) manages over $17 billion in a range of portfolios that invest in hedge funds but, as its CEO Alex Lowe explains, this is no ordinary fund of hedge fundsbusiness. “Funds of hedge funds tend to […]