|
Deutsche Bank Hires Bear Stearns' Harrison for Prime Brokerage
Source:
Bloomberg
Deutsche Bank AG, Germany's biggest bank, hired Kevin Harrison
from Bear Stearns Cos. to oversee equity financing in the
division that serves hedge funds.
More...
How Ridiculous Is $14 Billion for Hedge Funds?
Source:
MSNBC
The folks at the Business & Media Institute are out to challenge
perceived bias in the media against free markets. To that end,
Julia Seymour recently wrote about a segment on ABC's World News
With Charles Gibson, in which Gibson and a correspondent, she
said, "fanned flames of class warfare with a story about the
high incomes of hedge fund managers." She asserted that the
story left out the substantial taxes such managers pay and the
profits they generated for investors.
More...
Deutsche Bank Re-Hires
Managing Director
Source:
BankNet360
The securities arm of Deutsche Bank AG has re-hired Maarten
Nederlof as managing director of its Hedge Fund Capital Group.
Nederlof will be based in New York and report to John Dyment,
the managing director and global head of the Hedge Fund Capital
Group. More...
New, high end hedge
fund
Source: IrishDev.com
Adrian O’Carroll, co-founder of Merrion Capital and Head of
Equities, is setting up a new hedge fund within Merrion.
Landsbanki and Merrion will each invest in the fund and it will
also be open to a limited number of outside investors. The
initial investment focus of the fund will be on the Irish equity
market, Adrian’s principal area of expertise during a highly
successful stockbroking career as an analyst, top-ranked
salesperson and head of equities. The fund is expected to be
launched in September/October.
More...
United States: Hedge Funds: Lessons Learned From The "Radnor"
Decision
Source:
Mondaq
There’s a new player seated at the financial table: hedge funds.
While hedge funds "were originally designed to invest in equity
securities and use leverage and short selling to ‘hedge’ the
portfolio’s exposure to movements of the equity markets, hedge
funds utilize a wide variety of investment strategies and
techniques."1 Many hedge funds are very active traders of debt
and equity securities and have been showing up more often in the
market for distressed investments, which leads them to be
involved in bankruptcy proceedings.
More...
Atlantic Link hires Mark Standish to establish Hedge Fund
Services Consulting Practice
Source:
Bob's Guide
Atlantic Link Management Services Ltd, the leading niche
technology and business solutions consultancy, today confirmed
the hiring of Mark Standish as Director and Head of its Hedge
Fund Services Consulting practice. More...
Finance talks will cover hedge funds
Source:
CentreDaily.com
The Bush administration on Wednesday sought to play down
differences with its major allies over the best approach on
regulating hedge funds. More...
Wachovia Vets Launch
Volatility Arbitrage Hedge fund
Source:
FINalternatives
Charlotte, N.C., otherwise known as the hub of stock car racing,
is now home to a new hedge fund. Charlotte Global Advisors this
month launched Tryon Street Partners, a volatility arbitrage
fund.
More...
Today's Stories unabridged on the
web
|
