Category Archives: HedgeCo News
Offshore Jurisdictions – What’s the difference?
(www.hedgeco.net) – Although there are many offshore jurisdictions that cater to hedge funds, the differences between them can be hard to discern at first glance. The following is a brief descriptionof some of the salient features of three of these […]
FX Concepts Launches New Fund
New York-based currency manager FX Concepts announced today that it is launching a new fund based on its FX Volatility Program. The Volatility Program is an outgrowth of two specific non-directional strategies that FX Concepts has been operating since March […]
South African Regulators to license Hedge funds within one year
WEST PALM BEACH, FL (www.hedgeco.net) – The South African Financial Market regulator, FSB has announced its plans to license hedge funds in South Africa soon. According to chairman of the SouthAfrican Financial Services Board, Dr Cyrus Rustomjee, �the FSB plans […]
Chief Investment Officer at CalPERS fear private equity crash
WEST PALM BEACH, FL (www.hedgeco.net) – Mark Anson, the Chief investment officer of the California Public Employees Retirement System {CalPERS, has expressed fears that the US private equity marketmay be heading for a crash. According to Anson, such crash may […]
Hedge Funds score victories for Air Canada
WEST PALM BEACH, FL (www.hedgeco.net) Hedge Funds have scored big victories with their acquisition of Air Canada�s distressed debt by succeeding in converting such debt instruments into stock.According to news reports, several hedge funds mostly from North America and Europe […]
Hedge Funds may face consolidation some suggest
WEST PALM BEACH, FL (www.hedgeco.net) – The global hedge fund industry has witnessed significant asset growth over the past four years, new data inflows into hedge fund managed portfolios show thatthe industry now manages well over $1 trillion. Many experts […]
Gottex to soft close its flagship hedge fund, the Gottex Market Neutral Fund
Following the closing of the 2x and 3x leveraged share classes last year, Gottex Fund Management will soft close the non-leveraged classes in its highly successful Gottex Market Neutral Fund (the “MNFund”) on March 1, 2005. After this date, existing […]
Van Global Hedge Fund Index Slips -0.2 percent in January
WEST PALM BEACH, FL (www.hedgeco.net) – The Van Global Hedge Fund Index, slipped 0.2% net in January, according to a preliminary report released by Van Hedge Fund Advisors International, LLC (VAN).The data represents the average return net of fees posted […]
Qinhan Capital Management launches China Multi-Strategy Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Qinhan Capital Management has launched a new hedge fund; a multi-strategy hedge fund will be investing across the full range of Chinese securities, accordingto a report by the FinanceAsia news service. The new hedge […]
Lawyers find new Loopholes in new SEC Hedge Fund Law
WEST PALM BEACH, FL (www.hedgeco.net) – The new SEC Hedge Fund law provides a loophole to Hedge Fund managers who do not want to register their activities with the agency. Such managers must placetheir client�s assets into a two-year mandatory […]
Hedge Funds moving into Argentina’s debt swap
WEST PALM BEACH, FL (www.hedgeco.net) – Hedge funds have begun bargain hunting in the huge Argentina�s record debt swap, according to news reports. About $102.6 billion in such debt are being offeredas swaps for new bonds. Carlos Hourbeigt, Portfolio Manager […]
5.3 Percent of Hedge Funds Failed in 2004
WEST PALM BEACH, FL (www.hedgeco.net) – A new study conducted by Hennessee Group LLC, showed that only 5.3 percent of hedge funds failed in 2004. That number remains in line with the average failuresfor hedge funds in the past six […]