WEST PALM BEACH, FL (HEDGECO.NET) – MyTravel Group PLC, the package holiday company based in the UK escaped bankruptcy a few years ago when the Financial Services Authority (FSA) fined the company for an unaccounted Ł24.3 million in the previous […]

WEST PALM BEACH, FL (HEDGECO.NET) – A bankrupt hedge-fund manager, PlusFunds Group Inc, sued S&P (Standard and Poor’s) over its decision to pull the plug on the hedge fund index. In the lawsuit filed with the U.S. Bankruptcy Court in […]

WEST PALM BEACH, FL (HEDGECO.NET) – S3 Partners, a hedge fund advisory firm, attracted some negative press last week, when a former consultant to Morgan Stanley was arrested and charged Friday with stealing an electronic list of hedge funds that […]

HedgeCo.net ( New York ) July 25, 2006 – Aumenti Capital Management, LLC today announced the launch of the Enzo Partners LP, a global equity long/short hedge fund. Created for accredited investors and qualified clients, the fund seeks to deliver […]

WEST PALM BEACH, FL (HEDGECO.NET) – The assets of arrested hedge fund manager Kirk Wright, formerly of supposed hedge fund, International Management Associates, are being püt up for auction next week. Wright was indicted last month in federal court on […]

WEST PALM BEACH, FL (HEDGECO.NET) – Together with the group of 14 major market participants called together by the Federal Reserve Bank, The Bond Market Association (TBMA) and Managed Funds Association (MFA) today announced that substantial progress has been made […]

WEST PALM BEACH, FL (HEDGECO.NET) – CalPERS, the largest pension fund in the United States, with over $210 billion worth of stock, bonds, funds, and private equity, is expanding its investment strategy into hedge fund managers. The fund also increased […]

WEST PALM BEACH, FL (HEDGECO.NET) – The Global Hedge Fund Index gained 1.5% net of fees in June. The year-to-date return for the Index is 1.6% net proving to be one of the hedge fund industry’s longest-running benchmarks of overall […]

WEST PALM BEACH, FL (HEDGECO.NET) – Long Term Capital Management, the hedge fund whose explosive collapse in 1998 nearly took the financial market down with them, is back in the spotlight again. The Nobel Prize-winning founder of LTCM, Robert Merton, […]

NEW YORK, NY, July 17, 2006 — The Credit Suisse/Tremont Hedge Fund Index is down 0.11% in June, according to Oliver Schupp, President of the Credit Suisse/Tremont Hedge Fund Index. “Equity markets across the globe witnessed an increase in intra-month […]

PRNewswire-FirstCall – Morningstar, Inc. MORN, a leading provider of independent investment research, todayannounced that it has entered into a definitive agreement to acquire the institutional hedge fund and separate account database division of InvestorForce, Inc., a Wayne, Pa.-based financial softwareand […]

WEST PALM BEACH, FL (HEDGECO.NET) – The Bank of England issued a biannual Financial Stability Report on hedge funds, implying a weakening of UK financial stability by trading in complex financial means and over leveraging funds. There are sound reasons […]