Tag Archives: jose-alberto

Hedge Funds Take Huge Loss as Mood Swings

Financial-Planning.com – Many alternative asset managers, who brag about their ability to make money regardless of market conditions, posted their worst figures in years last month after worldwide sentiment suddenly changed on energy prices, financial stock and the U.S. dollar. […]

ActionsXchange Appoints Laura Pollard As Company Head

West Palm Beach (HedgeCo.net) – Hedge fund Provider, Fidelity ActionsXchange, has appointed Laura J. Pollard as executive vice president and head of the company. Pollard will report to Larry C. Renfro, president of Fidelity Developing Businesses, a new division that […]

Hedge Fund Business Lifts Profit for Blackstone

New York Times – The Blackstone Group may be best known as an immense private equity firm, but the firm’s earnings report on Wednesday made it clear that Blackstone has been buoyed by its hedge fund operations. Blackstone reported $165.6 […]

German Hedge Fund Manager Becomes Fully Operational Bank

West Palm Beach (HedgeCo.Net) – Baader Wertpapierhandelsbank AG has been granted membership to the Compensation Fund of German Banks (EdB) by the German Financial Supervisory Authority (BaFin). Once the entry into the commercial register has been completed, the institution will […]

Singapore fund management assets up 32 pct

Reuters Singapore- Assets managed by fund managers in Singapore grew 32 percent to S$1.173 trillion (431 billion pounds) last year, driven by a doubling in assets held by hedge funds, the central bank said on Thursday. "This is the seventh […]

Report: SA Hedge Funds Growing

West Palm Beach (HedgeCo.net)- A Hedgeweek Special Report for March 2008 shows a strengthening of the South African hedge fund industry from just a few funds with aproximately ZAR1.4 billion ($0.18 billion) in as recently as mid-2002, to more than […]

Report Forecasts Funds Of Hedge Funds To Dominate European Market

West Palm Beach (HedgeCo.net)- According to a new report by DataMonitor, ‘Hedge Funds in Europe 2008’, the European hedge fund market is going through a period of growth but the extent of the mortgage-backed security crisis is still uncertain. The […]

Japan relaxes tax rules to draw more foreign funds

TOKYO, June 27 (Reuters) – Japan has relaxed its tax code so foreign asset managers and hedge funds can avoid dual taxation, as part of Tokyo’s push to revive itself as a global finance centre. In a two-step process that […]

Strategy Sought at Global Hedge Fund Conference

West Palm Beach (HedgeCo.net)- Hedge fund managers, gurus and ‘Out of the box’ guest speakers are gathering at the Grimaldi Forum to debate distressed investing issues and macro strategies for 2008. The 14th Annual Gaim International 2008, a global hedge fund industry conference is […]

HSBC funds arms to rebrand

Reuters- More merger and acquisition activity among fund firms is likely as the industry faces up to a tough 2008, said Mark McCombe, head of HSBC’s asset management arm, which is to rebrand next month. McCombe, chief executive of what […]