Category Archives: HedgeCo News

Hedge Fund Manager Devotes Part of its Fees to Charity

WEST PALM BEACH, FL (HEDGECO.NET) – Christopher Hohn has created the first hedge fund devoting some portion of its fees for charitable organization. Hohn was a former fund manager at Perry Capital,where he spent about seven years; he is regarded […]

Gemini Investments Strategies Launches New Hedge funds

WEST PALM BEACH, FL (HEDGECO.NET) – The New Jersey based Gemini Investment Strategies has unveiled new hedge funds; according to a new statement released by the firm. The new fund, utilizingconvertible arbitrage strategy requires a minimum investment of $1million. Speaking […]

SEC Turns its Attention to Mutual Fund Brokerage Scandals

WEST PALM BEACH, Fl (HEDGECO.NET) – Just when investors think the mutual fund scandals are behind them, a new phase of investigations is initiated. This time the US Securities and Exchange Commission[SEC] is directing its full attention on mutual fund […]

Investment banks’ future role ; City Comment

IT IS widely believed that American investment banking giant Goldman Sachs gave serious thought to shutting down its equity research department in Britain last year at the time of the row with NewYork Attorney General Elliot Spitzer. It was decided […]

BUSINESS in Brief

Transkaryotic sharestumble Transkaryotic Therapy Inc. shares dropped 23.52 percent yesterday, to $13.04, on news that it would abandon efforts to seek U.S. approval of its Fabry disease treatment, Replagal. The Cambridge company would have had to prove that its treatment […]

21st Century’s Investment Bankers Place $250,000 as Part of $2.5 Million Private Placement

21st Century’s Investment Bankers Place $250,000 as Part of $2.5 Million Private Placement Compass Capital Continues to Meet Commitments LAS VEGAS, Jan. 14, 2004 (PRIMEZONE) — Compass Capital Group, a New York-based private investment firm, has placed $250,000 as part […]

ABN AMRO breaks off brokerage business

AMSTERDAM/LONDON: The Netherlands”biggest bank ABN AMRO said yesterday it had signed an agreement to sell its professional brokerage business in the US to Merrill Lynch for an undisclosed amount. ABN AMRO said on December 31 it was in talks to […]

SEC Turns its Attention to Mutual Fund Brokerage Scandals

WEST PALM BEACH, FL (HEGECO.NET) – Just when investors think the mutual fund scandals are behind them, a new phase of investigations is initiated. This time the US Securities and Exchange Commission[SEC] is directing its full attention on mutual fund […]

Unit of Charles Schwab to Launch Equity Core Fund

WEST PALM BEACH,FL (HEDGECO.NET) – Charles Schwab US Trust Company and US Trust Company have announced plans to launch an equity fund. The proposed fund, an equity core fund seeks to provideinvestors in the fund with a total return through […]

Gemini Investments Strategies Launches New Hedge funds

WEST PALM BEACH, FL (HEDGECO.NET) – The New Jersey based Gemini Investment Strategies has unveiled new hedge funds; according to a new statement released by the firm. The new fund, utilizingconvertible arbitrage strategy requires a minimum investment of $1million. Speaking […]

Nightly Business Report

xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: January 13, 2004> Time: 18:30:00> Tran: 011300cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Susie Gharib> Guest: Robert Doll, Louis Uchitelle> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY […]

Fund Manager Testifies at Tyco Exec Trial

A hedge fund manager testified Tuesday that Tyco International Ltd.’s former chief executive, L. Dennis Kozlowski, assured in a January 2002 conversation that company’s board had signed off on a $20million investment banking fee for a director. Several directors have […]