Yearly Archives: 2007
Environmental Hedge Funds Growing Rapidly
HedgeCo.net – The Energy Hedge Fund Center LLC announced today that they are now tracking more than 560 energy and energy-related hedge funds in their new Directory of Energy Hedge Funds. The vast majority of these energy focused hedge funds […]
Canadians nix international hedge fund regulations
Ottawa – Canada doesn’t see the need for international hedge fund regulation, which German Chancellor Angela Merkel has pushed as president of the G-8. OAS_RICH(“Middle”); “We don’t share [Germany’s] enthusiasm. There’s less concern in North America than in some parts […]
Hedge funds’ move into small caps raises concerns
New York – The push for “alpha,” or market-beating returns, is prompting hedge funds to dig deeper into smaller-capitalization stocks, raising concerns over “liquidity risk” in a potential market downturn. With fewer potential buyers, such stocks may become traps for […]
Bond trading co MTS may give hedge funds access to trading
London – European bond-trading platform company MTS SpA will today discuss demands from hedge funds to be given direct access to its interdealer government-bond platforms for the first time, the Wall Street Journal reported. If MTS, which is majority-owned by […]
ABN In Talks With Hedge Fund Shareholders
HedgeCo.net – Last week Dutch bank and activist hedge fund manager ABN AMRO received a letter from Royal Bank of Scotland, Banco Santander and Fortis in which they invited ABN AMRO to start exploratory talks regarding their intentions, the […]
KBC Acquires Majority Stake in Absolut Bank in Russian Market
HedgeCo.net – Yesterday evening a deal between Belgian bank KBC Group NV and Russian bank Absolut was made in which the Belgian bank and hedge fund investor acquired 92.5% of shares in the Russian bank. It was announced in a […]
New AIMA Hong Kong / China Appointment
HedgeCo.net – London 17th April 2007. The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment industry association, announces the appointment of James Shipton as Deputy Chairman of AIMA Hong Kong/China. James will work within AIMA […]
Stonebrook Capital Names Darryl Thompson President
HedgeCo.net—NEW YORK, APRIL 17, 2007 – Stonebrook Capital Management LLC (“Stonebrook”), a leading alternative investment firm specializing in Alternative Beta solutions, today announced that Darryl B. Thompson has joined the firm as President. In this new position, Mr. Thompson, […]
Moody’s set to start debt ratings for hedge funds
London – Moody’s Investors Service Ltd said it has launched a method for rating hedge funds as the industry enters the new and ‘more mature’ phase of raising financing through public debt markets. Moody’s (nyse: MCO – news – people […]
Managers Use Hedge Funds as Big I.R.A.s?
Many Americans squirrel away as much as they can into retirement investment accounts like 401(k)s and I.R.A.’s that allow them to compound their earnings tax free. The accounts also reduce what they owe when tax day rolls around. For the […]
Citi Snares Top Hedge Fund Manager
New York – Citigroup Inc. on Friday hired a new manager for its Citi Alternative Investments unit by buying the man’s hedge fund. New York-based Citigroup, the nation’s largest financial institution, said it has reached a definitive agreement to purchase […]
Hedge fund report draft to be ready for May G7
Washington – A report on hedge funds and risk control commissioned by the Group of Seven will be completed by year-end, but a preliminary version will be ready for G7 talks in May, the Italian central banker in charge of […]