Yearly Archives: 2007
Larger hedge fund managers seek independence from prime brokers
Financial News Online US-The hedge fund business is becoming more institutionalised by the day. As assets increase, some funds are looking to cut their financing ties with prime brokers by raising their own permanent capital, building in-house reporting and administration […]
U.K. Hedge Fund Eyes U.S. Float
Street.Com- Political resistance and shakiness in the credit markets are not preventing hedge funds and private equity from sussing out ways to tap the U.S. public equitymarket. U.K.-based hedge fund GLG Partners is selling 28% of itself in a reverse […]
Independent Valuation And Hedge Fund Risk Control
West Palm Beach (HedgeCo.Net)- Recent financial statistics have shown that pension plans are beginning to out-pace high net individuals with respect to hedge fund investing. At the same time, sub-prime funds struggle in the aftermath of blow-ups such as Amaranth […]
Aima Responds to Iosco Valuation Principles
HedgeCo.net – The Alternative Investment Management Association (“AIMAâ€Â), the leading global hedge fund and alternative investment industry association, has issued its response to the International Organization of Securities Commissions (“IOSCOâ€Â) on its ‘Consultation Report on the Principles for the Valuation […]
US Two-Year Notes Gain First Time Since April on Hedge Funds
Bloomberg- Treasury two-year notes rose for the first time since April as investors sought refuge from possible hedge fund losses. Two-year yields fell more than 10-year yields this week, increasing the yield premium of the longer-term debt to the most […]
The Case For Hedge Funds
Savannah Morning News- “Ever wonder why fund managers can’t beat the S&P 500?” Michael Douglas asked in the 1987 movie “Wall Street.” If you have your money in a mutual fund administered by an investment manager, chances are you have […]
Rein in hedge funds
New York Daily News – The news last week about Bear Stearns’ struggles to save two of its hedge funds from collapse should serve as a reminder of the hedge fund meltdown that made headlines almostnine years ago – and […]
Congress Publishes Report on Hedge Funds
West Palm Beach (HedgeCo.Net)- The Congressional Research Service recently published a report to Congress on pension fund investments in hedge funds. The report indicates that pension funds that invest in hedge funds have increased to 24% in 2006, up from […]
$3 Billion Hedge Fund Hires New Manager
West Palm Beach (HedgeCo.Net)- Henderson Global Investors, the independent asset manager with over £61 billion ($121.9 billion) under management, has appointed a new sales manager for their $3 billion hedge fund division. Jill Hodges joined last week and will report […]
Democrats Introduce Legislation to End Carried Interest
HedgeCo.net – U.S. Representative Sander Levin (D-MI), was joined by Chairmen Charles Rangel and Barney Frank as well as Ways and Means Committee Members Reps. Pete Stark, Jim McDermott, John Lewis, Richard Neal, Earl Pomeroy, Stephanie Tubbs Jones, John Larson, […]
AltEdge Capital launches new Decorrelated Fund of Hedge Funds
HedgeCo.net – London, June 20, 2007 – AltEdge Capital, the hedge fund of funds manager, has launched a new fund of hedge fund portfolio on June 1st, 2007. The new fund, AltEdge Decorrelated, is designed to offer investors a correlation […]
Unions Say No to Hedge Funds
Forbes- International trade union leaders on Thursday warned pension funds not to invest in private equity and hedge funds, saying they frequently hurt workers and avoid tax. The International Trade Union Confederation – the world’s largest union group representing 168 […]