Tag Archives: hedge funds

The Evolving Competitive Landscape for Hedge Funds- Study

New York (HedgeCo.net) – A new independent study that examines the continued emergence of investment managers in the equity long and short marketplace and their convergence with hedge funds has been published by Pershing LLC, a BNY Mellon company, and […]

Hedge Fund Registration is Likely to be Required by the End of 2009 – How to Prepare Your Fund

New York (HedgeCo.net) – There are currently several proposals on the floor of Congress that would affect the future of hedge fund regulatory requirements. The proposals call for increased transparency and accountability of hedge funds in a governmental mission to […]

Hedge funds face investor war on fees

Reuters – Institutional investors are going to gang up on “arrogant” hedge funds, a pension fund chairman warned, as investors increasingly press for changes that would link lucrative fees more closely to genuine outperformance. A key complaint of investors has […]

Activist hedge fund TCI closes down in Asia

Reuters – Activist investor, The Children’s Investment fund (TCI), has closed down in Asia following the departure of its regional head earlier this year, sources familiar with the matter said on Tuesday. The UK-based fund had approached other global hedge […]

Northern Trust Named Best Overall Hedge Fund Administrator

New York (HedgeCo.net) – Northern Trust has been named the Best Overall Hedge Fund Administrator by HFMWeek in the magazine’s inaugural U.S. Service Provider Awards. The awards recognize companies that have outperformed their peers during 2008-2009 and demonstrated financial progress, […]

Galleon paid Wall Street banks millions for “edge”: report

Reuters – Hedge fund firm Galleon Group, whose founder has been charged with insider trading, paid $250 million to its Wall Street banks last year and in return received market information that other investors did not get, the Financial Times […]

Galleon Wind-Down Of Hedge Funds Is ‘Largely Complete’ -Source

WSJ – Galleon Group’s liquidation of its hedge funds’ portfolios is “largely complete,” a person familiar with the matter told Dow Jones Newswires on Tuesday. The person said that the liquidation was done under “very difficult conditions,” considering Raj Rajaratnam’s […]

Hedge Fund Shareholder Appointed To Legg Mason’s Board Of Directors

New York (HedgeCo.net) – $703 billion global asset management firm, Legg Mason, announced today that an outstanding shareholder, hedge fund manager Nelson Peltz, will be elected to the Company’s Board of Directors, Peltz is Chief Executive Officer and a founding […]

Palestinians plan to boost housing by investing in City hedge funds

Guardian.co.uk – Palestinian house builders on the West Bank could benefit from an influx of cash if plans by the $900m (£552m) Palestine sovereign wealth fund to invest in London-based hedge funds go ahead. The Palestine Investment Fund (PIF) is […]

Touradji Beaten by Commodity Indexes; Funds Lose Edge

Bloomberg – Hedge fund managers are trailing benchmark commodity indexes by the widest margin in four years after copper doubled and oil surged 58 percent. Touradji Capital Management LP, the second-biggest in commodities, earned 7 percent in its largest fund […]

Galleon Wiretaps Rattle Hedge Funds as Insider Trading Targeted

Bloomberg – First came the biggest bear market since the 1930s, then Bernard Madoff’s $65 billion Ponzi scheme and the threat of increased regulation. Now hedge funds have a new concern: getting caught on tape as the government expands its […]

ECB says EU hedge fund plans could spark exodus

Reuters – The European Central Bank has warned that EU plans to tighten regulation of hedge funds and other alternative investors risk creating a two-tier playing field that could drive the industry out of Europe. European governments and the European […]