Hedge Fund Services Unit Launched at BearingPoint
By Staff WriterMcLEAN, Va. (HedgeWorld.com)--With former Capco executives at the helm, BearingPoint Inc. unveiled its hedge fund service unit, which will focus on due diligence and valuation...
November 09, 2004
Agent Group Rejects Mandatory Commission DisclosureLife insurance agents should not be required to disclose to consumers the commissions they receive, the largest life insurance agents' trade group has determined.[@@]An ...
November 09, 2004
Goldman & Morgan Alumni Launch Eton Park, A Multi-Strategy FundNEW YORK (HedgeWorld.com)--Eric Mindich, some of his fellow alumni of The Goldman Sachs Group Inc. and Stuart Hendel, formerly of Morgan Stanley, have founded a hedge fund, Eton Park Capital Management LP, with more than US$3.5 billion in assets. A spokesman for Eton Park declined any comment. Bloomberg reported, though,...
November 09, 2004
Before Election, Macro Managers Stayed Bearish for NovemberNASHVILLE, Tenn. (HedgeWorld.com)--Hedge fund managers in the macro segment maintained a gloomy outlook for U.S. economic performance in three key categories for November, according to the VAN Macro Sentiment Indicators, a monthly survey conducted by Van Hedge Fund Advisors. One of the factors affecting their view--concern over the U.S. presidential...
November 09, 2004
M&M Slashes Work Force As More Execs LeaveTop executives of Marsh Inc. were asked to step down, and Marsh & McLennan Companies Inc., New York, says it will lay off 3,000 ...
November 09, 2004
Europe to Offer Good Hunting for Short SellersLONDON (HedgeWorld)--New accounting standards apply with the new year for 7,000 companies listed on Europe's stock markets, and one authority predicted that the new standards...
November 08, 2004
Keystone Regulators Promote Private LTC CoverageNU Online News Service, Nov. 8, 2004, 6:11 p.m. ESTPennsylvania officials are trying to encourage consumers to consider buying long term care insurance while ...