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.

Could hedge funds be the Holy Grail for weary investors?

June 15, 2009 : Permalink

Herald Tribune – Investors are always searching for the "Holy Grail" of investing; that is, investments with high returns, low risk and little correlation to the returns of the broad stock and bond markets. Some investors believe that they have […]

G8 Endorses Lecce Framework

June 15, 2009 : Permalink

West Palm Beach (HedgeCo.net) – G8 Finance Ministers announced their endorsement of a global regulatory framework for financial institutions worldwide, "We agreed to create a coherent framework which builds on work done by the IMF, World Bank, OECD, FSB, FATF, […]

Appleby closes in on Dickinson Cruickshank merger

June 15, 2009 : Permalink

The Lawyer – Offshore giant Appleby is to merge with Isle of Man firm Dickinson Cruickshank to create the world’s largest offshore firm in terms of partner numbers. The combined firm will have 73 partners and nine offices worldwide, including […]

Myners pledges vigorous campaign against EU hedge fund curbs

June 15, 2009 : Permalink

Wealth Bulletin – Paul Myners has vowed to fight “tooth and nail” to revise a directive from Brussels that would give the European Union the power to set limits on how much hedge funds are allowed to borrow. The draft […]

Confluence Whitepaper Outlines Hedge Fund Reporting and Control Challenges

June 15, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Financial administration automation specialist, Confluence, released a new whitepaper for hedge fund administration executives, entitled "Hedge Fund Reporting: The Change Imperative". "Mandates from investors, regulators, and auditors are driving significant change in hedge fund back […]

Barclays and BlackRock: Passive-Aggressive

June 15, 2009 : Permalink

Barrons – A big question surrounding BlackRock’s $13.5 billion purchase of Barclays Global Investors, including its iShares exchange-traded-funds business, is how effectively a passive management group can work with an active one. The combined firm will have more than 9,000 […]

Hope for hedge funds

June 14, 2009 : Permalink

Stuff – Hedge funds meeting for their annual get-together in Monaco this week are hoping recovering profits will help placate clients, after the industry was heavily culled and suffered its worst year on record. An exodus of investors followed a […]

Traditional art fetching good prices in recession

June 12, 2009 : Permalink

Reuters – Traditional works of fine art are fetching good prices despite the recession as buyers seek security and quality, industry insiders said this week at the Art Basel show. Film star Brad Pitt grabbed the headlines by splashing out […]

Battered hedgies see cause for hope at Monaco summit

June 12, 2009 : Permalink

Reuters – Hedge funds meeting for their annual get-together in Monaco next week are hoping recovering profits will help placate clients, after the industry was heavily culled and suffered its worst year on record. An exodus of investors followed a […]

Hedge Fund BlackRock Buys Barclays, $2.8 Billion In Commitments From Investors

June 12, 2009 : Permalink

West Palm Beach (HedgeCo.net) – BlackRock, Inc. announced the purchase agreement to acquire Barclays Global Investors, including its market-leading ETF platform, iShares, from Barclays PLC. “We are incredibly excited about the potential to significantly expand the scale and scope of […]

JPMorgan’s future in hedge funds

June 12, 2009 : Permalink

FierceFinance – Not too long ago we were lamenting the trend by top investment banks to move into hedge funds and alternative investments in general. Buying hedge fund firms and launching them internally didn’t work out so well for Citigroup. It […]

Hedge Funds Post Best Performance Since February 2000

June 12, 2009 : Permalink

Bloomberg – Hedge funds returned an average 5.2 percent in May, the best performance in more than nine years, as they attracted more money and global markets rallied, Eurekahedge Pte said. The Eurekahedge Hedge Fund Index, tracking more than 2,000 […]