FIM Advisers LLP’s (FIM) flagship low-volatility fund of funds, FIM Long-Invest, has broken $1 billion in assets as of December 31, 2006. The Fund had a very positive 2006 rising 10.57% net of fees in the USD share class despite […]

HedgeCo.Net (New York) – Cerberus CapitalManagement LP, the New York-based $16 billion hedge fund, announced that executive chairwoman Vanessa Castagna will leave her position Feb. 1, Rick Leto, president and chief merchandising officer forMervyns, will take over day-to-day management of […]

HedgeCo.Net (New York) – RAB Capital, the $5 billion hedge fund, doubled its turnover for the year to at least $229 million, while pre-tax profit soared 95% and assets undermanagement went up to $5.18bn. Assets under management as at 31 […]

HedgeCo.net — WASHINGTON, D.C., January 18, 2007 — Managed Funds Association (MFA) will present its premiere program for pensions, foundations and endowments at the Association’s annual conference, Network 2007, February 11-13, at The Ritz-Carlton, Key Biscayne, FL.  Pension, foundation and […]

HedgeCo.Net (New York) – Catalyst Paper Corporation announced that it has accepted the resignations of its two executives Russell J. Horner, president and chief executive officer, and Ralph Leverton, vice-president, finance and chief financial officer. The announcement of the departures […]

HedgeCo.Net (New York) – Multimillionaire hedge fund co-founder, Paul Marshall, defended his hedge fund Marshal Wace and its controversial strategy, which relies on investment ideas supplied by City stockbrokers, he said in an interview with the Times. Marshal doesn’t believe […]

HedgeCo.Net (New York) – The hedge fund Farallon Capital Management, which owns 11% of shares in The Mills Corp., proposed pumping $499 million into the mall developer tohelp ease the company’s heavy debt and avoid putting it up for sale […]

HedgeCo.Net (New York) – Deutsche Bank announced the results of its Fifth Annual Alternative Investment Survey, which was conducted during the second half of 2006. Over 1000representatives from almost 700 institutions responded to the $1.4 trillion industry survey. “Despite a […]

The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment industry association has responded to the proposed revision of Statement of Practice (SP1/01), which includes changes to the UK’s Investment Manager Exemption (IME) The IME plays […]

HedgeCo.net — CHICAGO, JANUARY 16, 2006 – The world’s hedge fund managers arepaying more attention to investing their cash balances, according to arecent survey by Horizon Cash Management. Widely seen as highly aggressive, high performance investors, more andmore hedge funds […]

HedgeCo.net — STAMFORD, CT, January 16, 2007 * Parker Global Strategies (PGS), who have tracked FX managers since January 1986 in their widely published Parker FX Index, today announced the launchof their first investable foreign exchange index — PGS FX […]

The Credit Suisse/Tremont Hedge Fund Index is up 1.83% in December, finishing the year with a total return of 13.86%, according to Oliver Schupp, President of the Credit Suisse TremontIndex, LLC.  “A stronger than expected year was experienced as a […]