Author Archives: the HedgeCo News Team

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.

Grand jury: Ind. man deliberately crashed plane

January 21, 2009 : Permalink

Philadelphia Inquirer – A federal grand jury indicted an Indiana investment adviser Tuesday on charges of deliberately crashing his small airplane in the Florida Panhandle to try to fake his own death as part of a plan to escape financial […]

Short-sellers are back with sharpened tools

January 21, 2009 : Permalink

WalesOnline – Last week saw the return of the credit crunch’s bogey product: short selling. The practice was banned by the Financial Services Authority last September after it was blamed for wiping millions off the value of bank shares, betting […]

Worries over hedge funds send LSE to four-year low

January 21, 2009 : Permalink

Times Online – Shares in the London Stock Exchange dropped nearly 10 per cent or 50½p to a four-year low of 463½p amid fears that its trading update tomorrow will show another dramatic slump in the value of equities traded […]

Schools re-evaluate after Madoff losses

January 21, 2009 : Permalink

The Brown Daily Herald – Several colleges and universities are sustaining large financial losses in the aftermath of Bernard Madoff’s $50 billion hedge fund scam. Madoff defrauded investors by using money collected from new investors to pay off existing ones […]

Hedge Funds Care to Host 11th Annual New York Open Your Heart to the Children Benefit

January 21, 2009 : Permalink

NEW YORK, January 21, 2008 – Hedge Funds Care, a global non-profit organization which raises funds and awareness within the hedge fund industry for programs that work to prevent and treat child abuse, announced today that it will hold its […]

Hedge Funds Not Behind Sell-Off In Banks Say Experts

January 21, 2009 : Permalink

Wall Street Journal – Experts say hedge funds are not responsible for the wholesale selloff in U.K. financial stocks which saw shares in the four remaining major banks dive to record lows earlier this week and prompted renewed calls to […]

GLG Partners Adds Pendragon Hedge Fund Managers

January 21, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Global alternative asset manager, GLG Partners LP, is teaming up with two of the founding partners of London hedge fund Pendragon Capital, Kaveh Sheibani and Julian Harvey Wood, to focus on event driven strategies. In […]

Hopes high as Obama takes office

January 20, 2009 : Permalink

Reuters – Barack Obama takes over as U.S. president on Tuesday with hopes riding high he can conjure up a rescue that will jolt the world’s biggest economy back to life and contain the financial crisis ravaging global markets. The […]

Don’t ask what Obama can do for Wall Street….

January 20, 2009 : Permalink

Market Watch – No new president in the modern era, save for Franklin Roosevelt, has been handed an opportunity to remake the almost every part of the market. Barack Obama and his administration will decide everything from who lives and […]

Hedge Fund Manager SVM Launches Long/Short Fund

January 20, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Privately-owned investment management company, SVM Asset Management, is seeking approval from the Financial Services Authority for the launch of the long/short SVM UK Absolute Alpha Fund, which has a similar investment approach to their SVM […]

Hedge Fund Manager sees ‘outstanding’ value opportunities in 2009

January 20, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Beijing-based fund manager, Lowes Wealth Management (LWM), has announced a bullish programme of stock acquisition, building on the opportunities thrown up by the global downturn. LWM, which runs the recently launched Elite East-West Value Fund, […]

Third Party Administrators to Improve Hedge Fund Transparency

January 20, 2009 : Permalink

West Palm Beach (HedgeCo.net) – In an example of how hedge funds and CTAs are turning to third-party administrators with an eye on offering their investors improved transparency, hedge fund and FoHF provider Spectrum Global Fund Administration has teamed up […]