Daily News; White Plains

Lawyers On Registration Day Find Varying Reactions From Clients

NEW YORK (HedgeWorld.com) - A partner at a law firm that does a lot of work for hedge fund managers said this week that there is no rush of "clients who are just now realizing they need to register," although there is work under way at the firm, as there has been for months, to assure that its clients are in compliance with the new registration regime effective Wednesday [Feb. 1]. Martin Sklar, partner at Kleinberg, Kaplan, Wolff & Cohen PC in New York, has been with the firm for 20 years...

Man Launches New Ip 220 Product

LONDON (HedgeWorld.com) - Man Investments said Wednesday [Feb. 1] that it would launch a new structured product, the Man IP 220 International Ltd., that will follow much the same strategy as the original IP 220 structured notes. The product will be launched globally, with corresponding offerings in several markets, according to a news release from Man. The company did not say which markets.

Affluent Households Pull Out of Neutral

CHICAGO (HedgeWorld.com) - The Spectrem Group said that the investment outlook traced by its "affluent index" (based on a survey of households with US$500,000 or more in assets) gained four points in January, putting it in mildly bullish territory. On a scale ranging from positive 30 to negative 30, neutral terrain ranges from positive 10 to negative 10. The affluent investor index was in neutral for most of 2005. After a historic low of minus 6 in October 2005, it was at plus 4 in November 2...

Registration Recap: Compliance Officers Share Their Experiences

CHICAGO (HedgeWorld.com) - As the deadline arrives for hedge funds to register with the Securities and Exchange Commission as investment advisers, four compliance officers and one fund consultant say they have found the process long at times, but altogether relatively painless. In question-and-answer interviews that will appear in the February issue of HedgeWorld's electronic magazine, Accredited Investor, these hedge fund professionals recount their experience with registration and share the...

Chapwood Promotes Owen

WHITE PLAINS, N.Y. (HedgeWorld.com) - Chapwood Capital LLC promoted Bronwyn Owen to head of business development, a role that will see her take responsibility for the firm's global marketing, distribution and client relations functions. Ms. Owen joined Chapwood in October 2005, along with a core group of four others: Chief Executive Craig Pollak, senior adviser Christopher Geczy, Chief Financial/Operating Officer David Newmark and partner Kim Sams.

Sfs Tacks On Contact Management System

NEW YORK (HedgeWorld.com) - Strategic Financial Solutions LLC, the makers of PerTrac investment analysis software, has bought the information management software company Whittaker Garnier. Officials at Strategic Financial Solutions said that the WG products will be integrated into the PerTrac suite of investment management software as part of a front- and middle-office offering. The terms of the deal were not disclosed.