Category Archives: HedgeCo News

Hedge Fund Whitebox Challenges Late Filing Company

HedgeCo.Net (New York) – Business process outsourcer Affiliated Computer Services (ACS), missed its extended filing date for its fiscal year ended June 30, 2006. Which was the time period allowed under Securities and Exchange Commission rules for an issuer to […]

Morgan Stanley offers Hedge Fund Options as Incentive to Employees

HedgeCo.Net (New York) – Morgan Stanley, the largest securities firm in the world market, has offered its staff millions of dollars in incentives to keep and retain new employees, as Lehman Brothers and Goldman Sachs present tough competition and pay […]

Hedge Funds and Australia

HedgeCo.Net (New York) – UBS hosted a Melbourne conference last week, attended by hedge funds FrontPoint Partners, Highbridge, Och-Ziff Capital Management, Pequot Capital and York Capital. Finance Minister Nick Minchin said at the conference. “We have a very strong financial […]

House Debates Hedge Fund Regulation

HedgeCo.Net (New York) – According to the SEC, hedge funds represent 5% of all US assets under management, and about 30% of all US equity trading volume. So concern over hedge fund oversight and regulation is on the agenda of […]

Hedge Funds Care Gala

HedgeCo.Net (New York) – Hedge Funds Care Cayman will be hosting its second annual black tie dinner, Open Your Heart to the Children Benefit, at the Ritz Carlton on 16 November. Hedge Funds Care (HFC), established in 1998, is a […]

Hedge Fund Amaranth forewarned by NYMEX

HedgeCo.Net (New York) – Hedge fund Amaranth Advisers made a disastrous bet on natural gas prices that produced losses of $4 to $6 billion, once among the nation’s largest and hottest hedge funds, the hedge fund scrambled in an effort […]

Armajaro Asset Management to Launch a “Pure Portable Alpha” Fund

HedgeCo.net ( New York ) – London, 02 October 2006 – Armajaro Asset Management (AAM) today announced the launch of the Wentworth Fund. Armajaro has created an innovative method of investing in longshort equity hedge fund managers and stripping out […]

Eddington Triple Alpha Fund celebrates third anniversary with league-leading returns

HedgeCo.net ( New York ) – Eddington Capital Management Limited (“Eddington”), the specialist high return target fund-of-hedge funds manager, is delighted to celebrate the third anniversary of its flagship Eddington Triple Alpha Fund with league-leading 23.3% net returns, placing it […]

China’s Banking Chairman warns of Hedge Fund risks.

HedgeCo.Net (New York) – At the end of April 2006, there were altogether over 28,000 banking institutions in Mainland China. The total assets of the banking industry registered nearly RMB40 trillion, accounting for more than 90 per cent of the […]

Sears and Controversial Hedge Fund Managers

HedgeCo.Net (New York) – Sears Holdings Corp, headed by hedge fund billionaire Edward Lampert, is trying to offer a controversial $908-million privatization bid for its subsidiary Sears Canada Inc. Sears is planning “seek leave to appeal” the Ontario court decision […]

Key Recovery Fund wins award

HedgeCo.net ( New York ) – – Key Asset Management is delighted to announce that Key Recovery Fund has won ‘best performing single strategy specialist fund of funds under €200m’ in the MARHedge Annual European Performance Awards 2006. The fund […]

SEC worried about Hedge Funds

HedgeCo.Net (New York) – In an article by Marketwatch it was reported that Securities and Exchange Commission enforcement director Linda Thomsen, told a Senate panel that insider trading by hedge funds is “an area of significant concern” to the SEC […]