Category Archives: HedgeCo News
Soros ranked world’s highest paid Hedge Fund manager by Institutional Investor survey
WEST PALM BEACH, FL (HEDGECO.NET) – A new survey conducted by the Institutional Investor�s Alpha has named George Soros as the highest paid hedge fund manager in the world. According to the survey,George Soros, owner of the New York based […]
Greenspan unleashes his harshest criticism of SEC Hedge Fund initiatives yet
WEST PALM BEACH, FL (HEDGECO.NET) – The Federal Reserve Chairman Alan Greenspan has told the Senate Banking Committee that a U.S. Securities and Exchange Commission proposal to regulate the US hedgefunds will not work as hoped. Greenspan has made his […]
Two SEC commissioners who voted against Hedge Fund regulation to draft dissent letter
WEST PALM BEACH, FL (HEDGECO.NET) – The Securities and Exchange Commission passed the hedge fund regulation proposal vote two weeks ago on a split 3-2 vote. As expected, the SEC Chairman, WilliamDonaldson joined the two Democratic members in voting affirmatively […]
SciVest Capital Management Inc. launches the SciVest Net Short Equity Fund
SciVest Capital Management Inc. is pleased to announce the launch of the SciVest Net Short Equity Fund. The Fund is designed to provide a unique tool for managing market risk. Preliminary research suggests that the current offering of net short […]
Korean FSC to examine Hedge Fund activities
WEST PALM BEACH, FL (HEDGECO.NET) – The Financial Supervisory Commission (FSC), a Korean financial regulator said it is examining the records and activities of hedge funds doing business in Korea.This investigation, according to the FSC, is to provide the agency […]
Veteran Goldman Sachs manager to start new Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – Dinakar Singh, veteran Goldman Sachs manager has announced his intention to depart from the firm to start his own hedge fund company. Singh was the head of thePrincipal Strategies Department at Goldman Sachs Group […]
Asset management firm loses five equity managers over pay disagreement
WEST PALM BEACH, FL (HEDGECO.NET) – Investec Asset Management Company has lost five of its equity managers over the firm�s rejection of an equity stake in the business suggested by the managers.According to the report, Michael Rimmer and Jeremy Rigg, […]
Guggenheim Partners and Brown Brothers form a strategic partnership to offer hedge funds
WEST PALM BEACH, FL (HEDGECO.NET) – Guggenheim Partners and Brown Brothers Harriman & Co. have formed a strategic alliance to offer hedge fund products, both companies announced. According to thestatements, the alliance will provide alternative investors with innovative products, which […]
Canadian Mutual Fund firm adopts Hedge Fund short-selling technique
WEST PALM BEACH, (HEDGECO.NET) – CI Fund Management announced that it will begin to utilize stock short-selling strategies within its asset management portfolios this coming September. According to aletter sent by the CI management to investors, the firm said it […]
Australian Bank launches four new Specialist Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) -The Australian bank, Macquarie Bank, has launched four new specialist hedge funds. The bank said it has provided seed money of US $40 million for the newstrategies, with US $10 million going into each of […]
SEC’s Hedge Fund Regulation proposal: a mistaken priority
WEST PALM BEACH, (HEDGECO.NET) – For sometime now, this column has argued that hedge funds should be left alone to continue to manage its own affairs without burdensome governmental interference.Last week the bitterly divided SEC Commissioners voted 3-2 to move […]
Andor Capital to liquidate some hedge funds as CIO resigns
WEST PALM BEACH, FL (HEDGECO.NET) – Chris James, the company’s chief investment officer and a portfolio manager, has decided to leave the company to begin managing his own hedge fund. Following thisannouncement, Andor Capital decided to fold two of its […]