Category Archives: HedgeCo News
Manager says South African Hedge Funds in danger of blow-ups
WEST PALM BEACH, FL (HEDGECO.NET) – The product development head at SYmmETRY Multi-Manager’s firm, Kyle Hulett, has told conferees at the Hedge Funds World Africa 2004 conference in Cape Town SouthAfrica that the South African hedge fund industry may be […]
Paul Roye says Examinations will help SEC identify Hedge Fund compliance problems
WEST PALM BEACH, FL (HEDGECO.NET) – Paul Roye, director of the SEC’s division of investment management said in a statement that routine SEC examinations help the agency to identify complianceproblems for US hedge funds. Roye said, “Examinations permit us to […]
SEC may pass on some hedge fund advisory oversight to States
WEST PALM BEACH, FL (HEDGECO.NET) – The Securities and Exchange Commission is considering shifting some advisory oversight responsibilities to states, according to statement from a senior SECofficial. Although no decisions have been made so far, the agency expects an additional […]
Hedge fund Manager settles fraud charges with SEC
WEST PALM BEACH, FL (HEDGECO.NET) – The Beacon Hill Asset Management firm and its four principals have agreed to pay the Securities and Exchange Commission the sum of $4 million to settle pendingfraud allegation charges. The SEC alleged in a […]
Tara Capital Announces the Results of the Latest Hedge Fund Strategy Barometer
Fixed income and CTA strategies favoured as convertible arbitrage and global macro systematic strategies loose investor interest. GENEVA � OCTOBER 27th, 2004 TARA Capital, the Geneva based hedge fund advisory firm has released the latest results from their quarterly Hedge […]
Hedge Funds gained $16.9 billion in third quarter
WEST PALM BEACH, FL (HEDGECO.NET) – The growth in hedge fund assets has continued through the third quarter, according to new data from the Chicago based Hedge Fund Research Inc. Hedge funds areestimated to have added $16.9 billion in the […]
BNP Paribas unveils new online trading Platform
WEST PALM BEACH, FL (HEDGECO.NET) – BNP Paribas has launched a new online trading platform. The new system called ‘CredIM’ is designed to help in the marketing �of corporate bonds, structuredcredit-linked notes, as well as equity and fixed income hybrid […]
SEC Approves Final Rules Requiring SEC Registration of Most Hedge Fund Advisers
SAN FRANCISCO (HEDGECO.NET) – On October 26, 2004, the Securities and Exchange Commission (the �SEC�) voted to approve rule 203(b)(3)-(2) and conforming amendments under the Investment Advisers Actof 1940, as amended (the �Advisers Act�), that will require most hedge fund […]
Hedge Fund Industry Expresses Skepticism about SEC’s new rules
WEST PALM BEACH, FL (HEDGECO.NET) – Members of the US hedge fund industry have expressed skepticism about the hedge fund rules approved on Tuesday by the Commissioners of the US Securities andExchange Commission. There were no surprises here, because the […]
Eurekahedge introduces Latin American Hedge Fund Index
WEST PALM BEACH, FL (HEDGECO.NET) – Eurekahedge has announced the introduction of the world’s first dedicated Latin American Hedge Fund Directory and Latin American Hedge Fund indices. According tothe released information, the new index covers in excess of 171 funds. […]
Banks in stiff competition for Hedge Fund business
WEST PALM BEACH, FL (HEDGECO.NET) – There is stiff competition between U.S. and European banks for lucrative business of the booming hedge fund industry, according to Reuter�s news reports. Suchcompetition may be producing other undeserved consequences; it may be pressuring […]
FSA to increase scrutiny of Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – The financial services regulator for Great Britain, the Financial Services Authority (FSA), said it is examining the potential risks that hedge funds pose to primebrokers following the increases in hedge fund assets recorded in […]