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DAILY NEWS

Another Good Reuters Picture Test
By S Moy Tester
07/24/2008 9:39:34 AM ET

LONDON (HedgeWorld.com)—Carne Global Financial Services Group, an adviser to fund managers, announced the launch of a service that will aim to tackle the knotty problem of valuation.
Soros Urges Cleanup of CDS Market
By Bill McIntosh, Senior Financial Correspondent
04/04/2008 3:22:02 PM ET

LONDON (HedgeWorld.com)—George Soros, the hedge fund legend and billionaire philanthropist, has called for the creation of a clearing house or exchange to register and settle credit default swaps trades using an agreed canon of rules.
PlusFunds Founder May Be in Angola
By Christopher Faille, Senior Financial Correspondent
04/04/2008 3:11:56 PM ET

NEW YORK (HedgeWorld.com)—A complaint filed in a federal district court in New York on Thursday [April 3] indicated that Christopher Sugrue, the founder of the defunct PlusFunds Group Inc.
Alternatives 'All-Stars' Play Hoops for NY Charity
By Maggie Shea, Financial Correspondent
04/03/2008 3:07:41 PM ET

NEW YORK (HedgeWorld.com)—Youth, I.N.C. will host the 11th Annual Net Gain Tournament on April 17 to raise funds to provide basketball court time for high school basketball teams whose schools don't have gyms.
Garen Testing
By Garen testing
12/07/2006 10:07:47 AM ET

Hello, how are you.
U.S. Court Strikes Down SEC Hedge Fund Rule (Updated)
By Susan L. Barreto, Senior Financial Correspondent
06/23/2006 3:43:02 PM ET

WASHINGTON—Phillip Goldstein's case against the Securities and Exchange Commission's hedge fund registration rule was dismissed as a long shot by some in the hedge fund industry, but not by a U.S.
yyy HedgePole Launches Middle, Back Office Solutions
By Bill McIntosh, Financial Correspondent
06/23/2006 10:31:48 AM ET

xxx PFÄFFIKON, Switzerland ( HedgeWorld.com )—HedgePole, an independent service provider to the alternative asset industry in Switzerland and Poland, said it has started offering middle- and back-office solutions to funds of funds, their managers and investors.
NASAA Sides with Nanopierce Against Preemption
By Christopher Faille, Financial Correspondent
05/08/2006 3:26:21 PM ET

WASHINGTON (HedgeWorld.com)—The North American Securities Administrators Association Inc. has filed a friend-of-the-court brief with the Supreme Court of Nevada, in a move that if successful would clear the way for state lawsuits against registered clearing houses over the effects of naked short sales.
RAB Capital AUM Rocket Past $4 Billion
By Bill McIntosh, Financial Correspondent
05/08/2006 2:56:20 PM ET

LONDON (HedgeWorld.com)—Unprecedented capital inflows for the first four months of the year saw assets under management at RAB Capital, a publicly listed U.
RAB Capital AUM Rocket Past $4 Billion
By Bill McIntosh, Financial Correspondent
05/08/2006 2:49:27 PM ET

LONDON (HedgeWorld.com)—Unprecedented capital inflows for the first four months of the year saw assets under management at RAB Capital, a publicly listed U.
Thames River to Launch New Funds, Hire U.K. Team
By Bill McIntosh, Financial Correspondent
05/08/2006 2:48:32 PM ET

LONDON (HedgeWorld.com)—Thames River Capital, the asset management firm led by Charlie Porter, is to launch a new round of expansion in the wake of deciding against a market flotation and parting company with Glyn Jones, the former chief executive Previous HedgeWorld Story.
ddd - Swiss Funds Show Strength, Alternatives Shine
By Martin de Sa'Pinto, Senior Financial Correspondent
04/28/2006 10:31:19 AM ET

The Swiss fund market posted a strong increase in assets under management in the first quarter of 2006, according to data released yesterday by the Swiss Funds Association. Assets under management at funds covered by the statistics increased by 6.
ccc - CQS Loses Carter to Morgan Stanley
By Bill McIntosh, Financial Correspondent
04/28/2006 10:30:37 AM ET

LONDON (HedgeWorld.com)—The flow of senior bankers into hedge funds has, temporarily at least, gone into reverse with Morgan Stanley's appointment of Chris Carter as managing director and vice chairman of institutional securities.
bbb - Refco Wins PlusFunds Settlement (Corrected Story)
By Chris Clair, Senior Financial Correspondent
04/28/2006 10:29:47 AM ET

NEW YORK (HedgeWorld.com)—The SPhinX Managed Futures Fund SPC, one of a number of funds based on the Standard & Poor's Hedge Fund Indices managed .
Painful Choices Loom on China's Accounting Problem
By Reuters
10/14/2011 3:07:19 PM ET

NEW YORK (Reuters)—The path to a deal that would allow U.S. inspections of China's corporate auditors is getting rockier in a volatile diplomatic climate, raising questions about whether regulators will take harsher measures to combat alleged accounting shams.
Corporate Audit Fees Up? Beware of Trouble Ahead
By Reuters
10/10/2011 3:37:59 PM ET

NEW YORK (Reuters)—Elevated audit fees can be a red flag of problems to come for a company, say three recent academic studies that together warn about increased chances of fraud, stock price declines or financial restatements. Companies have been disclosing how much they pay their auditors since 2001, when the U.
'Rats' and 'Black Mouths' Gnaw at China Stocks
By Reuters
09/30/2011 3:37:02 PM ET

SHANGHAI (Reuters)—Even before China's great stock market bull run of 2006-2007, Wang Jianzhong had become known as China's "god of stocks" for his prescient picks. Such was his influence at the market's peak that reports by his company, Beijing Shoufang Investment Consulting, republished in dozens of influential newspapers and websites, were themselves often cited as a reason for a particular share price rising.
ETF Industry Girds for Backlash From Scandals
By Reuters
09/23/2011 3:31:17 PM ET

CHICAGO (Reuters)—Recent headlines about alleged scandals implicating exchange-traded funds have raised concern within the industry about unfair attacks from the media as well as overly aggressive marketing by those who sell ETFs. Last week, Swiss bank UBS alleged that a trader on the firm's ETF desk in London had racked up $2.
China Company Structure Under Threat
By Reuters
09/19/2011 3:28:25 PM ET

HONG KONG/BEIJING (Reuters)—China's securities regulator is asking the government to clamp down on the controversial corporate structure used by companies such as Sina and Baidu to list overseas, and employed in thousands of other investments by foreigners into domestic Chinese companies, four legal sources told Reuters. Lawyers at four different firms in China and Hong Kong said they have seen an internal report, dated Aug.
Gold Drops 2.5 Percent as Investors Cover Equity Losses
By Reuters
09/12/2011 3:45:47 PM ET

NEW YORK/LONDON (Reuters)—Gold fell 2.5 percent on Monday [Sept. 12] as growing fears about the European debt crisis prompted bullion investors to sell after last week's record highs to cover losses in the equity markets.






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