Category Archives: HedgeCo News
South African Authorities to Regulate Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – The South African Regulatory Authority, The Financial Services Board [FSB] sent out notices to investment managers in the country warning them to cease operationsuntil further notice. Such letter warned fund managers to stop marketing […]
Veteran Trader Launches New Hedge Fund of Funds Product
WEST PALM BEACH, FL (HEDGECO.NET) – Howard Deverett, a veteran trader for 27 years, according to the released statement, unveiled a new fund of funds product. The Elexis Capital Fund LP is a fund offunds vehicle, investing in about 6-10 […]
Abbey Capital Launches Its First Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – Abbey Capital, an alternative investment management company, has launched its first hedge fund according to a newly released statement. The new fund will be afutures management fund and is to be managed by REFCO […]
New Wave of Hedge Fund Managers Coming From Academics
WEST PALM BEACH, FL (HEDGECO.NET) – An increasing number of university professors are now moving over to hedge fund management, according to Bloomberg news. John Moody, a computer science professor,is part of an increasing number of university academicians who are […]
Should Mutual Fund Managers Run Hedge Funds? An Analysis of Conflicts of Interest Allegations
WEST PALM BEACH,FL (HEDGECO.NET) – As hedge funds continue on their growth path, increasing numbers of traditional investment managers such as mutual funds are studying for ways to get a piece of theaction by establishing their own hedge funds as […]
Asset Management Group of State Street Corp to Start New Hedge Fund Group
WEST PALM BEACH, FL (HEDGECO.NET) – The Asset Management Group of State Street Corp is forming a new hedge fund group. Chris Woods, Chief Investment Officer of State Street Global Advisors [SSGA],made this announcement to Bloomberg correspondents. Wood said the […]
Hedge Fund Tools.Com Comes Alive
New Website offers online Platform for Hedge Fund Services and Projects WEST PALM BEACH, FL (HEDGECO.NET) – A new online marketplace for the fast growing global hedge fund industry [Hedge Fund Tools.com] has been launched by HedgeCo Networks. The new […]
Jobs&Money: Special report: Ten ways you can still invest and strike gold: As confidence returns, Money Observer has a fund of information about the top ranking Isas that are great performers and likely not to fail you in 2004
After a depressing three-year bear market, last year finally brought some cheer for fund investors. Confidence in investing has returned, although few expect a re-run of the late 1990s. But which investment ISA will be best for 2004? There are […]
Winning by a ‘gross margin’
As you may have seen, bookmaker Paddy Power announced its annual results this week with a humorous photo-opportunity in which the company’s chief executive attempted to strangle the popular Irishjockey, Barry Geraghty. The implication of the photograph was that bookies […]
Axa Brokerage Unit To Settle Accusations Of Overcharging
NEW YORK, Feb. 26 — Axa Advisors LLC, the American brokerage arm of French financial giant Axa SA, has agreed to pay $250,000 and make restitution to investors to settle allegations that it overcharged customers who moved their money from […]
CITY & CORPORATE: Schulte employs Jaffa PR outfit
US law firm Schulte Roth & Zabel has rekindled its relationship with ex-Grandfield director Paul Jaffa. The law firm, which specialises in advising the hedge fund community on legislation affecting their activities, has hired Jaffa’s Myddleton Communications to raise its […]
Dollar may rise above 110 yen next week+
TOKYO, Feb. 28 (Kyodo) — The U.S. dollar may rise above the 110 yen line for the first time in three months next week as speculative investors are expected to try to bring it up to that level. Dealers and […]