Hedge Funds
The latest hedge funds news to help advisors understand how these alternative investments can help boost portfolio returns and reduce risk.
MFA Updates Hedge Fund Sound Practices Guide
By Staff WriterA new separate section on transactional practices that includes discussion of soft-dollar arrangements, plus expanded coverage of internal trading and risk controls, valuation, and responsibilities to investors are among the updates in the Managed Funds Association's 2005 Sound Practices for Hedge Funds publication.
July 21, 2005
Lawsuit: Hedge Funds Helped Lazard Inflate Its IPO PriceNEW YORK (HedgeWorld)--A plaintiffs' law firm filed a class action July 15 against Lazard Ltd., various named individuals and Goldman Sachs, claiming that the defendants artificially inflated Lazard's price at its initial public offering in May 2005 in a scheme said to have involved (unnamed) hedge funds. The lawsuit, filed...
July 01, 2005
The Prospects for Convertible ArbTwo fundamentally opposed views on hedge fund performance are going head-to-head. According to one, convertible arbitrage is a hedge fund strategy that is a victim...
June 29, 2005
Brain Drain Continues, Speaker SaysFormer chairman of DLJ says hedge funds attracting best and brightest
June 27, 2005
Hedge Fund with Convert Notes Sends Saks Default NoticeBIRMINGHAM, Ala. (HedgeWorld.com)--Saks Inc. announced that it has received a notice of default from a hedge fund, which a spokeswoman declined to name, and that this notice, issued Tuesday, June 14, initiates a 60-day cure period. The default notice was triggered by Saks' failure to file with the Securities and...
June 27, 2005
Hedge Funds Break Two-Month Losing StreakCHICAGO (HedgeWorld.com)--Eurex will add foreign exchange futures to its derivatives menu Sept. 23, using its Eurex US platform to offer 23-hour daily trading for currency-pair contracts. To encourage currency players to trade through Eurex, the exchange is waiving fees for all users through the end of the year after the...
June 10, 2005
Greenspan Foresees Disappointing Hedge Fund Returns but No Threat to SystemNEW YORK (HedgeWorld.com)--Low long-term interest rates worldwide are driving capital to private equity and hedge funds in search of above-average returns, but the result may be losses and a temporary shrinkage of the hedge fund industry, Federal Reserve chairman Alan Greenspan told the International Monetary Conference in Beijing, China. ...