Category Archives: HedgeCo News
Man Group To Lead China Hedge Fund Program
New York (HedgeCo.Net) – Hedge fund giant Man Group plc was chosen to head up the Shanghai Qualified Domestic Limited Partner (QDLP) program, which allows qualified high net worth individuals and institutional investors in China to invest in hedge funds overseas. Man […]
Several Hedge Funds Sold Positions In Apple Fourth Quarter
New York (HedgeCo.Net) According to a recent report by CNBC, several high profile hedge funds sold all or part of their positions on Apple Inc. (Nasdaq: AAPL) during the fourth quarter of 2014. Greenlight Capital cut its stake in Apple during […]
UCITS Hedge Fund Strategy Index Up 1.09% In January 2015I
New York (HedgeCo.Net) – Having finished 2014 with a modest performance of 1.62%, the UCITS HFS Index starts positively into the year with gains of 1.09% in January 2015. After the first full week of trading the broad index returned […]
Hedge Fund Outflows Double That Of 2014
New York (HedgeCo.net) – Compensated for by strong performance-based gains of $21.5 billion, net asset outflows for the hedge fund industry stand at $3.2 billion, nearly twice the outflows for the same period last year, Eurekahedge says in its February report. […]
“Werewolf” Hedge Fund Manager Charged After Claiming To Be Dead To Avoid Investors
New York (HedgeCo.Net) – A New York “hedge fund manager” has been charged with stealing money from his investors by the SEC. USA today reports that Moazzam “Mark” Malik, originally from Pakistan, overdid it a bit with outrageous claims, saying […]
SEC Proposes Rules for Hedging Disclosure
New York (HedgeCo.Net) – The Securities and Exchange Commission has approved proposed rules that would enhance corporate disclosure of company hedging policies for directors and employees, The SEC announced. The changes are mandated by the Dodd-Frank Wall Street Reform and […]
Hennessee: Hedge Funds Outperform in January
New York (HedgeCo.Net) – The Hennessee Hedge Fund Index gained +0.30% in January (+0.30% YTD), while the S&P 500 lost -3.10% (-3.10% YTD), the Dow Jones Industrial Average lost -3.69% (-3.69% YTD), and the NASDAQ Composite Index sunk -2.13% (-2.13% […]
UK Hedge Funds Pay $4 Billion In Tax Revenue
New York (HedgeCo.Net) – The hedge fund sector in the UK last year produced profits and income that have generated an estimated $4 billion in tax receipts to HM Revenue and Customs, up from about $1.7 billion in 2009, according […]
Hedge Fund Social Media Usage to Grow as Funds Become More Transparent
New York (HedgeCo.net) – Long-known for secrecy and operating in the shadows of investment and finance, hedge funds will become increasingly transparent and more active on social media in 2015, according to Peppercomm, an integrated marketing communications agency. “Secrecy is […]
Hedge Funds Appaloosa & Hayman Capital back Harry J. Wilson quest for seat on GM Board
New York (HedgeCo.net) – Stating that GM has not done a good job bringing returns to it’s investors, Harry J. Wilson, is vying for a seat on the GM board. At his back are four hedge funds investors who own […]
Hedge Fund Fraud: $10 Billion Recovered For Madoff Victims
New York (HedgeCo.net) – Approximately $355 million is being released to victims of the Madoff hedge fund Ponzi scheme, the Securities Investor Protection Corporation (SIPC) announced today. A separate settlement involving $497 million with “feeder funds” Herald Fund and Primeo Fund, will bring […]
Multi-Strategy Hedge Funds Reach $337.5 Billion In 2015
New York (HedgeCo.Net) – Hedge funds were off to a good start in the first month of the year, Eurekahedge reports. Assets under management of multi-strategy hedge funds touched an all time high of $337.5 billion, with managers raking in performance-based […]
