Nappier Eyes Hedge Fund Bets
Hartford Business – State Treasurer Denise L. Nappier said she plans to approve rule changes by January allowing her to allocate up to 8 percent of the state’s $20 billion pension fund in...
View ArticleNew Year to Change Hedge Funds
Markets Media News – The New Year is likely to see several important shifts in alternative investing, according to Don Steinbrugge, managing partner of Agecroft Partners, a global consulting and...
View ArticleHedge Funds Challenges in a Changing World
Al-Bawaba – Never before in its short history was the hedge funds community confronted with the challenges nor the pressures it is facing today, following a six-year boom,with Madoff’s scandal coming...
View ArticleAsia hedge funds face another rough ride in 2009
Reuters – Asia-focused funds suffered their worst ever year in 2008, underperforming their peers in the West, as markets cratered and investors demanded their money back. This year will be marked by...
View ArticleHedge Funds Could Be Forced To Register With SEC Under New Bill
All Headline News – Hedge funds will require registering under a new proposal to regulate the market segment that lost $600 billion in 2008 due to financial crisis, an all time record. Under the bill...
View ArticleTuckerbrook to Provide Daily Transparency for Hedge Fund Clients
West Palm Beach (HedgeCo.net) – In the wake of the Madoff scandal, Tuckerbrook Alternative Investments is offering its hedge fund investors the daily market value of assets in their capital accounts....
View ArticleUtah Plays Hardball With Hedge Funds
Money Management Letter – The Utah Retirement Systems has proposed that hedge funds’ management fees cover operating expenses only, that performance fees be paid either at the end of a lockup period or...
View ArticleHedge Fund Veteran ACTs to Improve Fund Transparency
West Palm Beach (HedgeCo.net) – Mike Griffin of Spectrum Global Fund Administration has launched the a hedge fund website that he believes will improve hedge fund transparancy, HedgeACT.com. “As a...
View ArticleMadoff scandal boon for mutual funds, DWS exec says
Reuters – The Madoff scandal could be a boon for mutual funds as investors shift into regulated asset management vehicles in Luxembourg or Ireland away from hedge funds in the Caymans, a German mutual...
View ArticleBrown wants more scrutiny of hedge funds
Reuters UK – Prime Minister Gordon Brown called on Thursday for greater regulation of hedge funds. Speaking in Rome after a meeting with Italian Prime Minister Silvio Berlusconi ahead of April’s G20...
View ArticleHedge Fund Group Proposes Rules to Avert Intervention
Bloomberg – A group of hedge funds offered to increase disclosure to head off demands from politicians on at least two continents for more transparency. “We know which way the wind is blowing,” said...
View ArticleCBS Coverage Offers Protection for Hedge Funds
HedgeCo.Net – The "post-Madoff era" and the litigious society in which firms operate today have presented many operational risks that are beyond control. Managers are not getting paid to take those...
View ArticleUS to work with Switzerland on tax secrecy
AFP – The United States and Switzerland will begin negotiations to amend their bilateral income tax treaty to provide for improved transparency, the US Treasury Department said Monday. The announcement...
View ArticleStability can help boost alternative investments
Business24-7 – Stability, and not necessarily an upward move by economies, would be enough to attract investors back to alternative investments such as hedge funds, says Dr Frank Gerhard of Barclays...
View ArticleComment: Is Cayman under threat as a fund domicile?
Hedge Week.com – For most of the past decade, the Cayman Islands have been the world’s dominant offshore alternative fund domicile. At the last count, the jurisdiction had around 10,000 funds, the vast...
View ArticleSouth Africa: FSB Aims to Tame Hedge Funds
AllAfrica.com – The Financial Services Board (FSB) has begun work on legislation to control hedge funds, which played a critical role in the global economic meltdown. FSB CEO Dube Tshidi said yesterday...
View ArticleSalus Alpha Hedge Funds Awarded Extraordinary Performance Award
West Palm Beach (HedgeCo.net) – Vienna based hedge fund manager Salus Alpha Group Services GmbH has been awarded the alternative investments award of geld-magazins for extraordinary good performance...
View ArticleMTM Looking To Offshore Hedge Funds For US Real Estate Deal
West Palm Beach (HedgeCo.net) – U.S. hedge fund manager MTM Global Financial Services is looking for an offshore hedge fund partner. In order to raise approximately $50 million in capital for a REIT...
View ArticleHermes wants more fund transparency
Reuters UK – Pension fund manager Hermes has called for a shake-up of the hedge fund industry, demanding greater transparency and fee structures closer aligned to performance. The asset manager, which...
View ArticleUK FSA Extends Reporting for Short-Selling Financial Stocks
Bloomberg – Hedge funds and other investors who short-sell shares in Britain’s financial companies must continue to disclose their trades, the U.K.’s financial regulator said. A reporting requirement...
View ArticleConnecticut Hedge Fund Bill Shelved
On Wall Street – A Connecticut bill that would have imposed transparency and licensing requirements on hedge funds failed to be signed into law Wednesday when the state house of representatives ran out...
View ArticleRating agencies blamed for securities mispricing
The Guardian – The BIS said the retreat from riskier investments such as stocks in favour of safer bonds could pressure stock markets, delaying their recovery. "Similarly, the decline in the pension...
View ArticleCIFSA calls for hedge funds dialogue
Caymen Net News – The Cayman Islands Financial Services Association (CIFSA) has addressed efforts to boost disclosure of information about hedge funds, and has cautioned that the move must be widely...
View ArticleU.S. regulator to identify hedge fund bets in commods
Reuters – The regulator of U.S. commodity markets said on Tuesday his agency’s weekly Commitments of Traders report will be revamped to include hedge fund positions for better transparency. "Enhancing...
View ArticleOgier’s ‘Evolution of Offshore Investment Funds’ Seminar
PR Inside – “Hedge fund managers naturally seek international as well as national investors. To continue to do so in today’s evolving regulatory environment, managers are likely to need to establish...
View ArticleHarvard seeks to manage more money internally: report
Reuters – Harvard University’s multibillion dollar endowment is adopting a strategy of selling off some holdings in hedge funds, private-equity firms and other money managers to bring more money under...
View ArticleHarvard seeks to manage more money internally: report
Reuters – Harvard University’s multibillion dollar endowment is adopting a strategy of selling off some holdings in hedge funds, private-equity firms and other money managers to bring more money under...
View ArticleHedgeSphere Funds of Hedge Funds Software Release
West Palm beach (HedgeCo.net) – Swiss funds of hedge funds (FoHF) tech. provider Infonic AG, released the latest version of its software suite for FoHFs, HedgeSphere 4.3. “For many funds of hedge...
View ArticleWhat Investors Want from Hedge Funds Now
BusinessWeek – After contributing their fair share to the more than $1 trillion in estimated global financial industry losses in this credit crunch, hedge funds appear to be on the mend. However, the...
View ArticleHedge fund replication index offers exposure to alternatives
Investment News – Seizing on an anticipated increase in demand for alternative investments, a Greenwich, Conn.-based firm has rolled out an investible hedge-fund-tracking index that offers liquidity...
View ArticleTransparency the key word among hedge fund heads
Canada.com – Holding a hedge fund conference at a casino may not be the best optics for an industry that was cast as one of the free-wheeling gamblers of the financial crisis, but players in the...
View ArticleCogent Consulting Releases Free Broker Review System for Hedge Funds
Press Release – Cogent Consulting LLC today announced a free version of its HedgeTrak web-based broker review and evaluation service for hedge funds. HedgeTrak Lite enables hedge funds to properly...
View ArticleWealthy Investors Still Like Hedge Funds But Are More Discerning
FP – “We see continued dedication to hedge funds,” Catherine Keating, chief executive of JP Morgan Chase’s private bank, told Reuters. “The things our clients are focused on are how does that hedge...
View ArticleSalus Alpha’s perspective on UCITS III Hedge Funds
New York (HedgeCo.net) – Salus Alpha issued a statement regarding the reinvention of the hedge fund sector since last year’s crisis. “UCITS Hedge Funds” are known as a new and innovative concept, but...
View Article
