Yearly Archives: 2007
Fund Honchos: How about a holiday gift of full disclosure
Baltimore Sun – Fund sponsors disclose in the statement of additional information whether the manager runs additional investments, including other funds, hedge funds, private accounts and the like.That’s important, but management should disclose how much money the …Read Complete Article
IFSB Speaks Out
HedgeCo. Net- According to professor Rifaat Ahmed Abdel Karim, Secretary General of the Islamic Financial Services Board (IFSB), “Islamic finance, despite its unique characteristics, is diverse in its application and has universal appeal as a viable alternative means of financing”. Professor […]
Carbon traders bet on Bali climate talks
Reuters UK- Traders are already betting on a new global climate deal to succeed the Kyoto Protocol, as talks in Bali on Friday inched towards a two-year negotiating agenda for an expanded globalclimate pact. Financiers are buying rights to emit […]
Found: young alpha males of Japanese hedge funds
Asian Investor – Whilst reports of their impending extinction are over-blown, it has been a year of famine for Japanese hedge funds. Finding indigenous Japanese hedge fund managers in the wild is incredibly taxing. In their natural habitat, they are […]
US economy presents hedge funds openings
Zawya.com – DUBAI — Man Investments said yesterday that uncertainty over the US economy was likely to create substantial trading opportunities for hedge funds in 2008 but possible market disruptions couldaffect some strategies. In its annual review […]
Bush Plans 5-Year Freeze On Some Subprime Rates
President Bush said his administration’s new mortgage relief plan should be able to help 300,000homeowners take steps to stay in their homes over the next year. Bush spoke in the White House just minutes before Treasury Secretary Henry Paulson and […]
International Herald Tribune
Regional bank WestLB AG said Thursday it made its first nine-month loss in four years, with results hampered by global market turmoil and the spread the of the U.S. subprime crisis. The state-owned regional bank said it lost €148 million […]
Bankrupt Cayman Islands hedge funds seek more time to argue for appeal
Caribbean Net News – Bear Stearns Cos.two bankrupt Cayman Islands hedge funds have asked for more time to argue their appeal after legal experts and one of Bear Stearns’s own entities said they support an initial decision denying the funds […]
US SEC probing hedge fund investor trading schemes
Reuters- The U.S. Securities and Exchange Commission, which recently stepped up probes of hedge funds, is looking at whether banks and others are investing in hedge funds to share inside information,an SEC official and securities lawyers said on Wednesday. The […]
Singapore Hedge Fund Mecca Lures Japanese Dismayed by Regulator
Bloomberg- Akira Sunaga runs a Japanese hedge fund and displays the rising sun of his country’s flag on company name cards. His office is in Singapore. Sunaga chose the island state, 3,294 miles (5,300 kilometers) from Tokyo, as the best […]
Bear Stearns faces new round of hedge fund claims
Reuters- The first of a new round of investor claims was filed against Bear Stearns Cos. on Wednesday for its role in managing two mortgage hedge funds that collapsed earlier this year, securitieslawyers said. The claims, which will be submitted […]
Swedish hedge funds hit by November stock market turbulence
Thomson Financial- Swedish hedge funds were hit hard by November’s market turbulence, with 47 of 75 falling in the month, of which 13 dropped by 5 pct or more, reported the online edition of DagensIndustri, citing its survey of hedge […]