Category Archives: HedgeCo News
Vista Research Managing Director Presents at the Blue Ribbon Hedge Fund Symposium
Vista Research -0- *T WHO: Stanton Green, President and Managing Director of Vista Research, an independent research firm for hedge funds and other buy-side asset managers. WHAT: Moderating a panel discussion at the Blue Ribbon Hedge Fund Symposium. TOPIC: “What’s […]
SEC to Recommend Franklin Resources Charge
WASHINGTON (AP) – Franklin Resources Inc., the parent of Franklin Templeton Investments, Monday said that the Securities and Exchange Commission intends to recommend charging the company and twounnamed executives over mutual fund trading practices. Last week, Massachusetts regulators charged the […]
Daily News, New York, Guerrilla Investing Column
Feb. 9–The tug of war between bulls and bears is likely to continue for much of the year. With high valuations, there isn’t that much upside. With low interest rates and an improving economy, there isn’t that much downside. But […]
SEC To Force Mutual Funds to stop excessive commission payout
WEST PALM BEACH, FL (HEDGECO.NET) – The US Securities and Exchange Commission has ordered mutual fund establishments to stop paying excessive commissions to brokers for promoting the fund products ofthose firms. These are the continuing fallout from the mutual fund/hedge […]
SEC To Force Mutual Funds to stop excessive commission payout
WEST PALM BEACH, FL (HEDGECO.NET) – The US Securities and Exchange Commission has ordered mutual fund establishments to stop paying excessive commissions to brokers for promoting the fund products ofthose firms. These are the continuing fallout from the mutual fund/hedge […]
Monday briefing: Papers
Observer Eurotunnel is to outline plans to head off financial crisis amid concern that the Anglo-French firm will run out of money in two years. Unilever , the Anglo-Dutch consumer goods company, is this week expected to slash its sales […]
Soros Warns About Bubbles in World Economy
WEST PALM BEACH, FL (HEDGECO.NET) – Billionaire and financier George Soros has warned of the dangers facing the global economy. The bubbles are in the US deficits and in the Chinese economy. Hepredicts that the US dollar would continue to […]
Markets: The week that was – Shares take interest rise in their stride
Everyone was expecting an interest rate hike, but that did not stop the panicked murmuring about personal debt piles and mortgage costs hitting front pages. But the market did not react to the Bank of England’s decision: the FTSE 100 […]
Chief Executive of CIBC Abruptly Resigns
WEST PALM BEACH, FL (HEDGECO.NET) – The Chief Executive Officer of Canadian Imperial Bank�s investment subsidiary, David Kassie abruptly resigned; just days after a former executive at the unit wascharged with helping hedge funds make illegal mutual funds trades. Statements […]
MONY wins round as judge blocks opponents of AXA deal Wall Street Watch
MONY Group, trying to win approval of its planned takeover by AXA Financial, the large French insurance company, has persuaded a federal judge to temporarily block a tactic used by an institutionalshareholder trying to keep shareholders from approving the merger. […]
Hedge Fund Investors Abandon Funds Accused in Mutual Fund Scandals
WEST PALM BEACH, FL (HEDGECO.NET) – New released survey shows that many hedge fund investors are fleeing from hedge funds charged in the mutual fund trading scandals. Late last year, New Jersey basedhedge fund manager, Canary Capital Partners LLC agreed […]
CFTC to Subpoena Trading Records of Some Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – The Commodities and Futures Trading Commission, [CFTC] has subpoenaed the trading records of some hedge funds, in connection with its new investigations into theskyrocketing of natural gas prices last December. The CFTC is the […]