Hedge Fund News From HedgeCo.Net


Category Archives: Technology

Hedge Fund Trends: Mobile Commerce Retailing

New York (Hedgeco.Net) – Michael Zimmerman’s hedge fund Prentice Capital says that according to new December 2013 data, one-third of online shoppers now only use their mobile devices when shopping. Zimmerman, who has long held the view that retailers need […]

Former Dendreon CEO and Dendreon Bull Start New Biotech Hedge Fund

Xconomy – Mitch Gold made a lot of money as the CEO of Dendreon, the Seattle-based cancer drug developer. David Miller made his reputation as an investment analyst with in-depth, bullish reports on the company. Now these two are going […]

Hedge Fund Man, Nomura Launch Computer Driven Fund

New York (HedgeCo.Net) – Hedge fund manager Man Group has teamed up with investment bank Nomura to launch a computer-driven fund, The Nomura Man Systematic Fixed Income fund. The fund uses algorithms from Man’s $16.7 billion flagship fund AHL, it will trade […]

Nasdaq Glitch Causes Losses At Hedge Fund Market-Making Arm

New York (HedgeCo.net) – A technical glitch botching Facebook Inc.’s initial public offering on the Nasdaq stock exchange, has caused Citadel Securities’ market-making business to lose around $30 million, according to Reuters. Luckily, Citadel’s hedge fund was not affected, the losses came […]

Hedge Fund Tech: AIRAS And The SEC’s New API

New York (HedgeCo.net) – Axiom Valuation has released a new platform for hedge funds to avoid the SEC’s new screening tool, Aberrational Performance Inquiry (API), which identifies possible fraudulent valuations and misreported returns by hedge fund managers reporting above benchmark […]

New Yorker Profiles Hedge Fund Tech Maestro Peter Thiel

New York (HedgeCo.net) – In the upcoming issue of The New Yorker, writer George Packer profiles hedge fund and venture-capital entrepreneur Peter Thiel. The article “No Death, No Taxes” comes out on November 28th. His venture-capital firm, Founders Fund, has an […]

Citi Launches Hedge Fund 3.0

New York (HedgeCo.net) – Citi’s Hedge Fund 1.0, saw the hedge fund industry as a niche business, with funds typically relying upon a single prime broker to support trading and reporting. In Hedge Fund 2.0, the next evolutionary phase, funds […]

Survey: Hedge Funds Spend $2 Billion On IT

New York (HedgeCo.net) – Citi Prime Finance has released the new survey results on how much hedge funds’ are spending on IT.  The survey documents for the first time both the industry’s aggregate expenditure on IT and the average expenditure […]

Hedge Fund Wireless Internet Meets Industry Resistance

New York (HedgeCo.net) – Hedge fund manager Philip Falcone’s new satellite internet venture, LightSquared, is seeing resistance from the European Space Agency. The hedge funded project last month outlined a solution to the problem of interference with US GPS receivers, […]

Hedge Fund Technology: Motif Investing Seeks Beta Users

New York (HedgeCo.net) – Motif Investing today emerged from stealth mode, announcing an October 2010 close of $6 million in Series A funding led by hedge funds Norwest Venture Partners (NVP) and Foundation Capital and new board members. Founded by […]

Hedge Fund Journal Awards: Misys Wins Leading Technology

New York (HedgeCo.net) – Global application software and services company Misys plc., today has won the leading single technology platform award at the Hedge Fund Journal Awards. Misys Sophis VALUE was recognised by the publication for its complete cross-asset coverage […]

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