Category Archives: HedgeCo News
Canadian Hedge Fund firm reaches 5-year milestone, to open additional capacity
WEST PALM BEACH, FL (HEDGECO.NET) – The Preservation Trust hedge fund company has announced plans to open additional capacity through the launching of a new hedge fund vehicle this summer accordingto a new press release. Preservation is one of the […]
RAB Capital appoints Nick Reid as Senior Portfolio Manager
WEST PALM BEACH, FL (HEDGECO.NET) – RAB Capital plc, the hedge fund manager, has appointed Nick Reid as a Senior Portfolio Manager to co-manage its new Japan long-short equity hedge fund. Nick wasformerly a Senior Japanese Fund Manager for a […]
Economics Professor questions reliability of Hedge Fund data
WEST PALM BEACH, FL (HEDGECO.NET) – Burton Malkiel, an economics professor at Princeton University, and an author of an acclaimed financial market book, �A Random Walk Down Wall Street,� hasquestioned the reliability of most hedge fund performance data, which are […]
SEC clears Clinton Group of wrongdoing in pricing dispute
WEST PALM BEACH, FL (HEDGECO.NET) – The Securities and Exchange Commission [SEC] has cleared the Clinton Group, of any wrongdoing in the mutual fund pricing scandals of late 2003. The conclusion wasreached following a 7-month long investigation of the hedge […]
Assets in Mellon HBV Event Driven Fund surpasses US $100 M
WEST PALM BEACH, FL (HEDGECO.NET) – Mellon Financial Corporation has announced that investor assets in one of its subsidiary fund, Mellon HBV European Event Driven Alternative Strategies LLC, havesurpassed the US $100 million mark. According to the press release, �The […]
OMAM launches US Equity Hedge Fund & US Select Equity Fund
WEST PALM BEACH, FL (HEDGECO.NET) – The Old Mutual Asset Management [OMAM] has announced the launching of a host of funds, a US equity hedge fund, and a US select equity fund according to publishedreports. Terry Ewing and Ann Hall […]
SSGA unveils two new Commodity Funds
WEST PALM BEACH, FL (HEDGECO.NET) – State Street Global Advisors [SSGA] has unveiled two new commodity related investment vehicles. The first fund will be tracking the Goldman Sachs Commodity Index[GSCI], and the second vehicle will be an actively managed fund, […]
EU Asset Management Policies may be overhauled
WEST PALM BEACH, FL (HEDGECO.NET) – Some experts of European Alternative Investments have submitted a new recommendation to the European Commission, suggesting a radical and far reaching overhaul ofthe European Asset Management Industry. The group made up of 26 experts, […]
New European Hedge Fund Market report released
WEST PALM BEACH, FL (HEDGECO.NET) – A new report about the future of the European hedge fund market has been released in Dublin Ireland, by Research and Markets. The growing popularity of hedge fundsamong institutional and private investors accelerated during […]
Hedge Fund Investments can aid Modern Portfolio Theory
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge fund investment strategies can help financial advisors achieve a higher risk-adjusted return, according to Gene Swanzey, of FBR Investment Management Inc.According to Mr. Swanzey, many financial advisory professionals have been employing such instruments […]
UBS says its Hedge Fund Assets have more than doubled
WEST PALM BEACH, FL (HEDGECO.NET) – UBS, the global asset management firm has announced that its hedge fund management assets have more than doubled, according to the report; growth in the firm�shedge fund management business is predicted to continue to […]
Hedge Funds gained $22 billion in First Quarter 2004
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge funds gained $22 billion in new assets during the first quarter of 2004, according to new data released by the Chicago based Hedge Fund research, Inc [HFR].According to the new data, �For the […]