hedgefunds
Some Hedge Fund Summaries
Filed in archive Hedgetalk by Alex Akesson on May 8, 2007
*The European Union finance ministers said they will keep an eye on hedge funds, but see no reason to set new, tighter rules. More of this story here.

Some Hedge Fund Summaries

* Goodman & Company Investment Counsel Ltd. announced the launch of the Dynamic Global Value Balanced Fund, a balanced fund offering global diversification. Canadian Hedge Fund Launch.

* Ignoring leverage, hedge funds account for 1% of global financial assets, and up to 4% if borrowing is included. Yet they account for more than 50% of daily turnover in London and New York-listed equities and 60% of credit derivative volumes. Funds bet markets will remain calm.

* Democratic Presidential Candidate John Edwards said Tuesday that he worked for a hedge fund to learn more about financial markets and their relationship to poverty in the United States. Edwards Discusses Hedge Fund Job.

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