Category Archives: HedgeCo News
Van Global Hedge Fund Index fell 0.1% in May
WEST PALM BEACH, FL (HEDGECO.NET) – New preliminary hedge fund performance data released by Van Global, the Nashville Tennessee based hedge fund tracking company, shows that hedge funds tracked bythe index lost 0.1% net for the month of May 2003. […]
Former Merrill Lynch energy investments research guru launches new energy Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – John Olson, former energy investments research guru at Merrill Lynch has teamed up with Stephen Pouns to launch a new energy hedge fund. The 2003 Houston EnergyPartners is based in Houston and is considered […]
University alumni unhappy with Harvard’s pay to its money managers
WEST PALM BEACH, FL (HEDGECO.NET) – Some members of the Harvard University Alumni are still fuming over the University�s pay to some of its money managers. In the year 2003, the university paid US$6.9 million to Jack R. Meyer, who […]
Computer Design unveils its latest management software
WEST PALM BEACH, FL (HEDGECO.NET) – Computer Design has released its latest management software, the new Financial Portfolio Management System [FPM]. Haluk Toral, Technical Director, said theircompany has encountered the rise and demise of many business types and trends. According […]
Hedge Fund Industry to see massive infusion of capital in the coming years
WEST PALM BEACH, FL (HEDGECO.NET) – Some members of the global hedge fund industry think that the growth projections for hedge fund assets are grossly underestimated. According to forecast made by Platinum Capital Management, the global hedge fund industry will […]
Hedge Funds gain from Energy Crisis
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge fund managers that placed bets on oil, made significant gains as the oil priced soared. Some hedge funds using the global macro strategy, and managedfutures, gained from their investments in long positions in […]
Matt Andresen joins Citadel Hedge Fund Investment Group
WEST PALM BEACH, FL (HEDGECO.NET) – Citadel Investment Group has announced the recruitment of Matt Andresen, the former Chief Executive Officer of Island ECN. According to the released news, Andresenwill be working with the executive team, in charge of the […]
New Market Capital Partners hires Andre Boreas as Senior Investment Manager
WEST PALM BEACH, FL (HEDGECO.NET) – New Market Capital Partners has hired Andre R. Boreas as a Senior Investment Manager, according to a new press release. Boreas has over 12 years experience workingin the institutional financial services industry. He was […]
Baring Asset Management to launch China Hedge fund
WEST PALM BEACH, FL (HEDGECO.NET) – Baring Asset Management (BAM) said it is launching a new hedge fund, The Baring China Absolute Return Fund plc, which will be available to investors in June 2004according to the released statements. However, such […]
Demarcation lines between Mutual Funds and Hedge Funds continue to diminish
WEST PALM BEACH, FL (HEDGECO.NET) – Demarcation lines between mutual funds and hedge funds have slowly but steadily diminished as more mutual fund organizations roll out new products utilizing hedgefund strategies. As hedge funds continue on their growth path, increasing […]
CSFB devises a strategy to keep staff from defecting to Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Credit Suisse First Boston has devised a strategy to keep its staff from migrating to the hedge funds; the financial giant established a new incubator for would-beproprietary traders according to news reports. Such a […]
German Pension Funds invest with Hedge Fund managers
WEST PALM BEACH, FL (HEDGECO.NET) – BW Versich-erungsverein des Bank-gewerbes, Germany�s largest industry pension fund has announced its plans to invest in hedge funds. According to the news release,the pension fund will allocate an unspecified sum into five hedge fund […]