Yearly Archives: 2010
San Jose City Council selects financial experts for pension boards
Mercury News – San Jose Mayor Chuck Reed’s longtime goal to appoint outside finance experts to the two boards that oversee city pension funds was mostly completed Thursday after the City Council named seven candidates to open seats. The six […]
Stock Picker Vinik Turns to Index Funds After Beating Market
SF Gate – Jeffrey N. Vinik, the hedge-fund manager whose stock selections have beaten markets for the better part of two decades, has invested almost half of his U.S. equity portfolio in passive index funds. Of the $3.39 billion in […]
London Investment Firm to Launch Twitter-Based Hedge Fund
Mashable – A London-based investment firm is getting ready to launch a hedge fund using Twitter as a stock market predictor. Investors have been playing with the idea of Twitter as a stock market analysis and speculation tool for some time […]
Five Arrested In Hedge Fund Insider Trading Probe
New York (HedgeCo.net) – Five research executives have been arrested by the FBI, James Fleishman, from Primary Global Research, Mark A. Longoria, from Advanced Micro Devices, Walter Shimoon, from Flextronics International, and Manosha Karunatilaka from Taiwan Semiconductor Manufacturing. The Washington […]
U.S. Charges 2 Men With Securities Fraud, Running Fake New York Hedge Fund
Bloomberg – Two men were indicted on conspiracy, securities fraud and wire fraud charges for allegedly cheating investors by operating a phony New York-based hedge fund. William Shternfeld and Benjamin Koifman operated A.R. Capital Global Fund LP, an unregistered investment […]
Quarter of new hedge funds are Ucits III
Fund Strategy – Nearly 25% of new hedge funds launched in the third quarter have been Ucits III, according to data released today by Hedge Fund Research. Ucits III versions of hedge funds are becoming increasingly popular among investors as […]
Goldman Sachs star to launch hedge fund
Straits Times – A star player at troubled US banking titan Goldman Sachs is set to leave his post and set up a Hong Kong-based hedge fund that could be one of the largest in Asia, a report said on […]
Dow Jones Credit Suisse Hedge Fund Index Confirmed to Finish Down -0.18% in November
New York (HedgeCo.net) – Final performance for the Dow Jones Credit Suisse Hedge Fund Index (“Broad Index”) is confirmed down -0.18% in November and up 7.82% YTD. Oliver Schupp, President of Credit Suisse Index Co., Inc., said, “The Dow Jones […]
Hedge Fund Mergers & Acquisitions: Ballast Capital Management and Investcorp
New York (HedgeCo.net) – Alternative asset manager Investcorp and Ballast Capital Management, a hedge fund manager based in New York, have partnered up. Ballast, which specializes in long-short equity, is the latest addition to Investcorp’s single manager platform. Ballast is led by Robert […]
Fourth Annual Women’s Private Equity Summit Scheduled for March 3 & 4, 2011
LEXINGTON, Mass. – The 4th Annual Women’s Private Equity Summit—the must-attend annual conference for senior-level women in private equity and venture capital—will be held March 3 & 4, 2011 at the Ritz-Carlton Half Moon Bay, California. This major industry conference […]
New software release for hedge fund portfolio construction
Zurich, Switzerland, December 16th, 2010 – AlternativeSoft has released a new version of its software dedicated to fund of funds, banks, asset managers and pension funds investing in multi asset financial portfolios. In addition to portfolio construction, asset selection, return forecasting […]
UCITS Hedge Fund Strategy Index up +0.11% month to date
New York (HedgeCo.net) – The UCITS Hedge Fund Strategy (HFS) Index lost -0.06% in the second week of trading in December and is up +0.11% month to date (by business day 10, December 14th, 2010). Although seven sub-strategies were negative in […]