Monthly Archives: February 2008
Wealth fund hiring foreign money managers
Xinhua News- China Investment Corp (CIC), the country’s 200 billion U.S. dollars sovereign wealth fund, is hiring foreign fund managers to invest in hedge funds and private equity as well as in traditional assets such as bonds and shares. Gao […]
Japan Hedge Funds to Rebound After Two Losing Years
Bloomberg- Bloomberg) — Hedge funds focused on Japan may stage a rebound after a two-year losing streak, said Ed Rogers, who runs the best-performing Japan-only fund of hedge funds in 2007. More than $7.7 billion flowed out of hedge funds […]
Nedgroup Launches Less-Liquid Fund of Hedge Funds
FINalternatives- Nedgroup Investments, the U.K.-based fund of hedge funds shop, has launched a new fund geared toward institutional investors. The Nedgroup Investments Premium Portfolio launched Feb.1, with a focus on longer liquidity and niche strategies, which make up 20% of the […]
HedgeCo Networks and Spicer Jeffries Team Up to Expand Online Presence of Hedge Fund Clients
West Palm Beach, FL (PRWEB) February 28, 2008 — HedgeCo LLC, a premier name in the hedge fund database, consulting and service industry, announced today a strategic relationship with Spicer Jeffries LLP. This partnership was designed to give clients of […]
Pacificor Hedge Fund Faces Scrutiny From Angry Investors
West Palm Beach (HedgeCo.Net) – When Pacificor hedge fund founder Michael Klein died in a plane crash last December in the Panama jungle, he left a wake of confusion in what is turning out to be a he-said she-said ordeal. […]
Individual Outperforms Hedge Funds at Competition
West Palm Beach (HedgeCo.Net)- Haochen Hu won this year’s World TopInvestor competition with gains of almost 785% over 12 months. He outperformed the world’s leading hedge funds over the competition period. The competition is a live, real money, capital markets […]
AdultVest Launches Alternative Investment Series Of Meetings
West Palm Beach (HedgeCo.Net)- Alternative investment firm AdultVest has scheduled an ongoing series of monthly meetings to bring investors together with adult businesses that represent alternative investment opportunities. On the last Wednesday of each month, AdultVest executives will listen to […]
Citadel-Bloomberg Hedge Fund Partnership
West Palm Beach (HedgeCo.Net)- Hedge fund affiliate, Citadel Solutions, today announced a partnership with Bloomberg to provide hedge fund administrative services through the Bloomberg terminals used by traders. With more than $30 billion in assets under administration, Citadel said the package […]
Cash-Rich, Publicity-Shy, Abu Dhabi Fund Draws Scrutiny
Herald Tribune- Abu Dhabi has about 9 percent of the world’s oil and 0.02 percent of its population. The result is a surfeit of petrodollars, much of which is funneled into a secretive, government-controlled investment fund that is helping to […]
Principal says rocketing metals boost Latin America
LONDON (Reuters)- Robust commodity prices make Latin American mining stocks top picks in emerging markets, while Asian technology exporters are best avoided, a fund manager at Principal Global Investors said. Michael Reynal at PGI, which has assets under management of […]
Bache launches first retail commodity index fund
LONDON (Reuters)- Bache Commodities launched the first commodity index fund to be approved by European regulators for retail investors on Wednesday, the company told Reuters. The European Union’s UCITS III directive allows retail funds to use derivatives such as futures. […]
Hedge funds prop up Allco
The Age- ALLCO Finance Group faces more pressure after hedge funds were forced into the market to buy millions of the troubled company’s shares. The buying resulted in AFG shares jumping by as much as 30% before closing 9.6% higher […]