Category Archives: HedgeCo News
Merrill Lynch’s strategist resigns to join Hedge Fund firm
WEST PALM BEACH, FL (HEDGECO.NET) – Another Merrill Lynch manager has left the firm to begin a new career with a hedge fund company. Marcel Kasumovich, head of G-10 foreign exchange strategy atMerrill Lynch & Co. in New York, has […]
South African Hedge Funds posted gains for past consecutive 24 months
WEST PALM BEACH, FL (HEDGECO.NET) – A new study conducted by Nedcor Retail Investments showed that all the South African hedge funds participating in the survey, posted positive returns for the pastconsecutive 24 months. The survey was launched last December, […]
Warren Buffet warns about dangers of Derivatives
WEST PALM BEACH, FL (HEDGECO.NET) – Billionaire Warren Buffet has issued a warning about dangers of derivatives instruments. According to him, derivative instruments could pose a huge problem withinthe next ten years. Mr. Buffet was speaking to shareholders at the […]
Japan: leading Hedge Fund Market in Asia
WEST PALM BEACH, FL (HEDGECO.NET) – Japan is the strongest and largest hedge fund market in Asia, according to market analysts. Such strength offers some attractive hedge fund investmentopportunities in Asia, with the resumption of growth in the Japanese economy; […]
Massachusetts town seeks a waiver to invest in Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – The Lexington Massachusetts Retirement System has announced its plans to seek a waiver from the state�s Public Employee Retirement Administration to allow the townto invest some of its retirement assets in hedge fund vehicles. […]
Former Salomon Smith Barney Analyst to launch new hedge fund
WEST PALM BEACH, FL (HEDGECO.NET) – A former hi-tech analyst at Salomon Smith Barney has announced plans to launch a new hedge fund. According to news reports, Victor Halpert, has raised about US $10million from individuals and institutional investors in […]
Hedge Fund Investment Marketers to register as Broker/Dealers
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge Fund investment marketers, also known as finders, have been warned that such activity requires registration with the Securities and Exchange Commission.According to published reports, Investment Management lawyers have been contacting hedge fund finders […]
Key Asset Management Launches new Fund of Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Key Asset Management Company has launched its latest fund; Key Hedge Fund Plus is a fund of hedge funds geared towards high-net-worth investors. According to thereleased statements, the new fund of hedge funds, offers […]
Lazard Asset Management to Launch a European Equity Fund
WEST PALM BEACH, FL (HEDGECO.NET) – Lazard Asset Management [LAM] has announced plans to launch a new hedge fund in May, according to a press release. Robert Rowland, who was hired last year with thegoal of assisting the firm to […]
Deutsche Bank launches Capital Guaranteed Fund
WEST PALM BEACH, FL (HEDGECO.NET) – International asset management firm, Deutsche Bank has unveiled a new fund, which will offer investors exposure to hedge fund strategies. According to publishedreports, the new vehicle is being introduced in Hong Kong. The MaxVision […]
Janus Fund Capital Group to pay $200 million to settle improper mutual fund trading allegations
WEST PALM BEACH, FL (HEDGECO.NET) – Janus Capital Group has agreed to pay $200 million to settle the illegal mutual fund trading allegations, according to Bloomberg news. According to the report,Janus has reached settlement with the U.S. Securities and Exchange […]
German Investors are slow in adopting Onshore Hedge Fund Strategies
WEST PALM BEACH, FL (HEDGECO.NET) – When the German financial market regulators approved retail hedge funds for investors in Germany, everyone expected a big rush by investors to put up their assetsinto such vehicles. However, it appears that the German […]