Funds | Hedge Funds

The Supreme Court has denied a petition questioning the 2006 Senate inquiry on the alleged misuse of the Overseas Workers Welfare Administration (OWWA) funds.

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SEC alleges Bradley L. Ruderman scammed investors out of at least $38 million through his funds, Ruderman Capital Partners and Ruderman Capital Partners A. His assets have been temporarily frozen. A pair of Beverly Hills hedge funds were shut down Wednesday by a federal judge based on claims that their operator scammed investors out of at least $38 million, using the cachet of famous names …

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EU Internal Market Commissioner Charlie McCreevy on Wednesday proposed a clampdown on currently lightly regulated hedge funds and private equity firms.

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There is an imminent opportunity for hedge funds in Asia to earn outsized returns in distressed credit over a roughly three-year period, provided investment risks are better analysed and fund structures are improved.

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Money to dredge Barnegat Bay has been approved as part of the federally funded stimulus package, but funds for additional beach replenishment projects — such as erosion studies and long-term nourishment efforts — were not included.

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The port of Redwood City will receive $4 million in federal stimulus funds for the dredging of its water channel, port officials announced Tuesday.

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More large retirement-plan sponsors are creating customized “target date” fund families using funds already in their plans, in an effort to avoid risk.

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California’s treasurer asked the state’s two big public pension funds Wednesday to investi

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Alaska Gov. Sarah Palin has directed state agencies to begin applying for federal stimulus funds after indicating she wouldn’t veto legislative approval of more than $900 million available to the state.

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The European Commission yesterday (29 April) proposed a mild set of rules for hedge funds and private equity firms, requiring mandatory registration and disclosure of their activities to regulators, while at the same time easing their access to European markets.

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