Category Archives: HedgeCo News
Credit Agricole forms new asset management group
WEST PALM BEACH, FL (HEDGECO.NET) – The French banking giant, Credit Agricole has announced the formation of its new asset management subsidiary. According to the news release, this occurred as aresult of the recent merger of Credit Agricole and Credit […]
SEC boss says Hedge Funds must increase accountability
WEST PALM BEACH, FL (HEDGECO.NET) – The SEC Chairman, William Donaldson wants hedge fund advisors to have proper accounting and value their assets properly, in the same way US mutual fund companiesare expected to �fairly value their portfolio holdings.� Donaldson […]
Alaska State Pension selects first Hedge Fund manager
WEST PALM BEACH, FL (HEDGECO.NET) – The Alaska State Pension Investment Board has decided to invest in the ever popular hedge fund strategies. According to statements released in Juneau, Alaska, theBoard has selected five hedge fund managers to help the […]
HFR and Barclays to launch Bond-based Hedge Fund Index
WEST PALM BEACH, FL (HEDGECO.NET) – Barclays Capital and Hedge Fund Research have announced a joint effort to launch a new bond-based hedge fund benchmark. According to the statement, the index willenable investors to acquire broad exposure to different products. […]
European Parliament to decide new rules for Hedge Funds after July elections
WEST PALM BEACH, FL (HEDGECO.NET) – The faith of hedge funds in the European Union may very well depend on the internal elections in the European Parliament Committee, which is in charge of policyformulation for economic and monetary affairs. The […]
Forum to investigate Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – According to published reports, Hedge Funds systemic risks to the global financial system will be examined by the Financial Stability Forum. Lately, concerns havebeen raised that many fund of hedge funds are borrowing heavily […]
New study shows that 50% of Asset Managers in Europe may be launching new Hedge Funds within the next 12 months
WEST PALM BEACH, FL (HEDGECO.NET) – A new study conducted by the Morningstar research organization revealed that about half of European asset management companies might be launching new hedge fundinstruments in the next year. The result of this study tends […]
Former US Vice President met with the SEC to lobby against Hedge Fund regulation
WEST PALM BEACH, FL (HEDGECO.NET) – Dan Quayle, former U.S. Vice President under President George Bush Sr, had a meeting with the William Donaldson, chairman of the US Securities and ExchangeCommission to discuss the hedge fund regulation issue which has […]
UBP, HFR and Dresdner Introduce HFRX Hedge Fund Indices into Swiss Markets
WEST PALM BEACH, FL (HEDGECO.NET) – The team of Union Bancaire Privee, Hedge Fund Research Inc and Dresdner Bank has announced their joint collaboration in launching the new HFRX range of investablehedge fund indices into the Swiss market. The new […]
SEC voted 3-2 to require mutual fund boards to be chaired by outsiders
WEST PALM BEACH, FL (HEDGECO.NET) – The Securities and Exchange Commission voted 3-2 to require that independent outsiders head board chairmanship of mutual funds. Two republican members of the SECboard however opposed Chairman William Donaldson�s initiative, while Donaldson joined hands […]
Asian Consortium Launches New Distressed Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – A group of Asian asset managers have joined hands to form a new hedge fund. The new fund, Asian Debt Fund [ADF], will be focusing on distressed debt investing,covering the Asian region ex-Japan according […]
HSBC to Offer Onshore Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – HSBC Asset Management is preparing to introduce its hedge fund management services to onshore investors according to a released statement. This strategy is aimedat consolidating the company�s services under one umbrella. HSBC has traditionally […]