Category Archives: HedgeCo News
Goldman Sachs Convertible Hedge Fund Index lost 0.9% in February
WEST PALM BEACH, FL (www.hedgeco.net) – The Goldman Sachs hedge fund dominated convertible arbitrage index, posted another loss in February. The index, which is widely watched by hedge fund marketparticipants, dropped 0.9% in February after posting a loss in January. […]
SEC Freezes Assets of Florida-Based Hedge Fund Manager
WEST PALM BEACH, FL (www.hedgeco.net) – The Securities and Exchange Commission has issued an emergency action against a Palm Beach Florida based hedge fund manager. According to the SEC pressrelease, the defendants conducted a fraudulent scheme that has resulted in […]
Van Releases March sentiment Indicators
WEST PALM BEACH, FL (www.hedgeco.net) – Van Hedge Fund Advisors International, LLC has released its March market sentiment indicators for U. S. equities, the U.S. Dollar and the U.S. Treasury 10-yearNote. The VAN Macro Sentiment Indicators are reflections of the […]
Veritas Asset Management unveils new Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Veritas Asset Management has launched a new hedge fund; according to the report the new fund will concentrate trading activities predominantly in globalequities. The new fund will also trade interest rate and currencies according […]
Dubai to introduce hedge funds in 2005
WEST PALM BEACH, FL (www.hedgeco.net) – Dubai, one of the growing investment centers in the Middle East, is gearing up to introduce hedge fund products in 2005. According to David King, acting chiefexecutive of the Dubai Financial Services Authority, the […]
Canadian Hedge Fund Investors launch a class-action law suit against Manulife Securities
WEST PALM BEACH, FL (www.hedgeco.net) – Investors in Portus hedge fund have launched a class-action lawsuit against Manulife Securities Company. Peter Ormerod is bringing the civil action lawsuit,52, of Edmonton, Canada. According to news reports, Mr. Ormerod lost his $100,000 […]
Joe Feshbach to Launch New Hedge funds
WEST PALM BEACH, FL (www.hedgeco.net) – Joe Feshbach along with his brother, Matthew and Kurt managed a high-profile short-selling hedge fund during the 80�s. According to news reports, Joe isreturning to the world of hedge fund management. He recently launched […]
New Study says Hedge Fund fraud occurs where supervision, separation of powers and transparency are lacking
WEST PALM BEACH, FL (www.hedgeco.net) – A new study conducted by the Association of Certified Fraud Examiners concluded that fund fraud occurs in situations where supervision, separation of powersand transparency were lacking. The study also said such fraud occurs in […]
More Islamic Mutual Funds and Hedge Funds continues to hit the market
WEST PALM BEACH, FL (www.hedgeco.net) – Yahia Abdul-Rahman, 60, is the CEO and founder of American Finance House- Lariba. He was formerly a chemical engineer and financial planner. Now, he is usinghis talents and experience to introduce Sharia investment vehicles […]
EU Urged to Regulate the European Hedge Fund industry
WEST PALM BEACH, FL (www.hedgeco.net) – The EU Financial Services Commissioner Mr. Charlie McCreevy said in an interview that the European Union should regulate the European Hedge Fund industry so asto protect the interest of inexperienced investors. Similar arguments were […]
ABN AMRO Asset Management sees further expansion in global hedge fund sector
WEST PALM BEACH, FL (www.hedgeco.net) – ABN AMRO Asset Management has predicted a continuous growth and development of the global hedge fund management industry. The firm predicts that global hedgefund management assets will continue to expand over the years, as […]
FSA to Probe GLG Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – The UK�s financial market regulator FSA is looking into the activities of the GLG Hedge fund company, according to the Reuter�s report. The investigationcenters on the $2.86 billion convertible bond issued by Sumitomo Mitsui […]