WEST PALM BEACH, FL (HEDGECO.NET) – The European Central Bank (ECB) is warning traders that hedge funds have created a “major risk” to global financial stability. Franz Müntefering, who is the deputy German chancellor, described them as “locusts”. In an […]

WASHINGTON, D.C., June 6, 2006 — The Foundation for Managed Derivatives Research (FMDR) announced today that Damian Handzy has been appointed to serve on its Board as a director.  Mr. Handzy joins the FMDR Board to replace Randy Warsager, who […]

WEST PALM BEACH, FL (HEDGECO.NET) – Dow Jones Indexes, a leading global index provider, today announced a change to the Dow Jones Target Date Index series, the first of its kind that seeks to measure the performance of balanced and […]

Hedge funds have created a “major risk” to global financial stability for which there are no obvious remedies, the European Central Bank warned on Thursday in one of the bluntest official statements yet on the rapidly growing sector. In a […]

WEST PALM BEACH, FL (HEDGECO.NET) – The Connecticut-based hedge fund, Bayou Group, filed bankruptcy in the United States Bankruptcy Court in New York under a Chapter 11 petition. They listed morethan $100 million in assets and an equal amount in […]

WEST PALM BEACH, FL (HEDGECO.NET) – “Meltdown May” is a catch phrase for weary traders and managers who remember last year’s volatility in the hedge fund market. Now they are beginning tobelieve that this year’s troubles could be far worse. May has […]

WEST PALM BEACH, FL (HEDGECO.NET) – The world’s largest listed hedge fund, Man Group, has more than $48 billion in assets under management when announced last march. They are due to announce on June 1 a near doubling of profits […]

WEST PALM BEACH, FL (HEDGECO.NET) – FrontPoint Partners is launching a Greater China long/short hedge fund at the beginning of June, the Hong Kong-based hedge fund has Credit Suisse and Goldman Sachs as the fund’s prime brokers. The fund administrator […]

WEST PALM BEACH, FL (HEDGECO.NET) – The Top 25 highest paid hedge fund managers earn $363m on average, according to the Institutional Investor’s Alpha magazine list. Up 45 per cent from the $251maverage in 2004. The top slots are an […]

WEST PALM BEACH, FL (HEDGECO.NET) – Rockwater Hedge, LLC, an investment management firm that offers sophisticated municipal bond investing strategies to institutional and high net worth investors, today announced that it has hired John E. Hapke as Chief Financial Officer. […]

WEST PALM BEACH, FL (HEDGECO.NET) – VanthedgePoint Group LLC, an integrated financial services company focusing on small hedge funds has chosen a margin advisor to enhance service to customers and reduce risk. SunGard has announced that Vanthedge has chosen their […]

WEST PALM BEACH, FL (HEDGECO.NET) – Hedge fund manager, Kirk Wright was arrested last week in Florida after eluding authorities for nearly three months. Wright and his company collected as much as$185 million from at least 500 investors since 1997 […]