Category Archives: HedgeCo News
Sal. Oppenheim acquires stake in UK Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Sal. Oppenheim was founded in 1789 and is based in Cologne, Germany. Active in the field of corporate finance, Mergers & Acquisitions, Equity Capital Markets, Real Estate Advisory and Financial Institutions they have recently […]
Credit Suisse/Tremont Hedge Fund Index Is Up 2.22% in April
WEST PALM BEACH, FL (HEDGECO.NET) – The Credit Suisse/Tremont Hedge Fund Index is up 2.22% in April, according to Oliver Schupp, President of the Credit Suisse/Tremont Hedge Fund Index. “The equity markets continued an upward trend due to ongoing corporate activity, […]
Hedge Fund Demands Sale of Company’s Namesake Property
WEST PALM BEACH, FL (HEDGECO.NET) – California Coastal Communities, Inc. has been told by a hedge fund group holding 11 percent of its stock, to auction off its 105-acre Brightwater Project. The349-unit project lies on 105 acres overlooking the Bolsa […]
Retired RBS Chief Sir Mathewson Joins Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – Sir George Mathewson, former chief executive of Royal Bank of Scotland, is to become chairman of hedge fund Toscafund Holdings. It is his second appointment in a week since retiring on 28 April after […]
S&P Marks Six Months of Hedge Fund Gains
WEST PALM BEACH, FL (HEDGECO.NET) – Standard & Poor Hedge Fund Index had its sixth consecutive month of positive performance. Year-to-date, the index in hedge fund returns, as measured by the S&P Hedge Fund Index is up 5.08% having risen […]
Investing in Hedge Funds on Campus
WEST PALM BEACH, FL (HEDGECO.NET) – Harvard and Yale reported larger than usual returns on their multi billion dollar endowments this year. As of June 30, 2005, Harvard and Yale had 12% and 25% oftheir respective endowments set aside for […]
Ex Morgan Stanley Exec Announces FCM Absolute Return Fund
WEST PALM BEACH, FL (HEDGECO.NET) – The former Morgan Stanley head of corporate finance in Singapore is moving his hedge fund, FCM Absolute Return Fund, into active externalmarketing with plans to raise $400 million. The hedge fund will target private […]
Gap Shortens Between Hedge Funds and Traditional Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Some traditional bond funds have recently started taking up hedge fund strategies to help protect assets in tough market conditions and working them to show a profit whether the stocks are going up or […]
PAAMCo Court Appointed Receiver Sues Man Financial in Hedge Fund Case
WEST PALM BEACH, FL (HEDGECO.NET) – Man Financial Inc., the U.S. arm of the investment firm Man Group Plc, is accused of violating the Commodity Exchange Act and the Racketeer Influenced and Corrupt Organizations Act, or RICO, by letting the […]
EU Closes Door on Hedge Fund Regulation
WEST PALM BEACH, FL (HEDGECO.NET) – Charlie McCreevy, the EU Internal Markets Commissioner, supported the hedge fund industry yesterday when he ruled out introducing newregulations for hedge funds, telling a European committee that they played a central role in putting […]
April DOW Jones Hedge Fund Strategy Benchmarks Show Gains
All six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted net-of-fees gains in April 2006. Equity long/short led the way in April with a net-of-fee gain of 1.78% and continues to be the top performer on a […]
Conference to Discuss Effect of Hedge Funds on Distressed Debt Market
WEST PALM BEACH, FL (HEDGECO.NET) – The face value of distressed debt in the United States is estimated to exceed $600 billion. Prominent and lesser known distressed managers control a significant percentage of this country’s steel production, movie theaters, textile […]