Big hedge funds feel right at home in Greenwich, Conn

Article Abstract:

The hedge fund industry has a focal point in Greenwich, Connecticut, an elite community approximately 30 miles from Manhattan, New York, New York. Greater than a 100 hedge fund offices have set up offices here in recent years, putting pressure on the real estate market and an indicator of the industry's incredible growth. More than $100 billion in hedge funds are managed from Greenwich, Connecticut, approximately one tenth of all global hedge funds.

Connecticut, Industry Overview, Economic aspects, Finance, Company financing, Industry forecasts, Greenwich, Connecticut

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As their riches grow, hedge fund experts put art in the deal

Article Abstract:

The involvement of hedge fund managers in the world of art collecting is discussed. Several examples are given of successful fund managers who have taken to investing in art and promoting their favorite artists. It is suggested that an enthusiasm for financial trading has translated easily into a passion for buying and selling art and that prices for fine art may be becoming inflated as a result.

United Kingdom, Commodity & service prices, Executive changes & profiles, Officials and employees, Prices and rates, Forecasts and trends, Company investment, Investments, Behavior, Beliefs, opinions and attitudes, Market trend/market analysis, Works, Art as an investment, Company pricing policy, Mutual fund managers, Art collectors, Kippenberger, Martin, Loeb, Daniel, Ganek, David

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