Category Archives: HedgeCo News
New Hedge Fund Hotel open for business
WEST PALM BEACH, FL (HEDGECO.NET) – A new hedge fund hotel is now open for business. Eurekahedge, a hedge fund consultancy company based in Singapore, set up the new hotel. The new hedge fund hotelis Asia�s first, and according to […]
Clinton Group reshuffles its Hedge Fund Unit
WEST PALM BEACH, FL (HEDGECO.NET) – The Clinton Group is reshuffling its executives following its recent pricing problems, which triggered investigations from the Securities and Exchange Commissionand the Commodities and Futures Trading Commission. Problems in the Clinton’s hedge funds began […]
Shareholder Activist to launch new Hedge Fund
WEST PALM BEACH, FL (HEDGECO.NET) – A US shareholder activist, Bob Monks has announced his plans to launch a new hedge fund; according to him the new product will be a dedicated corporate governancehedge fund. The new strategy will employ […]
Former Morgan Stanley Director hired as COO of new fund
WEST PALM BEACH, FL (HEDGECO.NET) – Former Morgan Stanley managing director has been hired by a new global investment managing company to head the firm�s global investment management initiatives.Stuart Hendel was the managing director of a Morgan Stanley prime brokerage […]
SEC may be sending mixed signals about Hedge Fund Regulation
WEST PALM BEACH, FL (HEDGECO.NET) – The Securities and Exchange Commission [SEC] seems to be backing off from some of the agency�s proposals about regulating the US hedge fund industry. The tone ofChairman William Donaldson has softened somewhat with the […]
S&P Launches Managed Account Platform
WEST PALM BEACH, FL (HEDGECO.NET) – Standard and Poor�s has announced the creation of its Managed Account (SMA) Evaluator. This software was necessitated by the �growing demand for separately managedaccount research by both individual investors and financial advisors,� according to […]
Sadis and Goldberg LLC announces new lawyers for firm
NEW YORK, NEW YORK (HEDGECO.NET) – Sadis & Goldberg LLC, a boutique law firm, is proud to announce the addition of two lawyers to their securities group, Benjamin B. Bedell and Amy L. Dobson. Mr. Bedell, formerly an attorney at […]
Life Harbor Unveils New Managed Account Platform
WEST PALM BEACH, FL (HEDGECO.NET) – LifeHarbor has introduced its latest feature packed management account platform. According to its latest press release, the new Private Portfolio Manager Version2.0 would compliment the work of portfolio managers, such as alternative investments to […]
General Accounting Office Issues its Reports on Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) -The General Accounting Office [GAO] has issued its reports on hedge funds. According to the agency, the Securities and Exchange Commission will be looking into theaccounts of about 600 to 1,200 additional hedge fund managers. […]
Elliot Spitzer Raises Concerns Over Hedge Fund Regulations
WEST PALM BEACH, FL (HEDGECO.NET) – The New York Attorney General, Elliot Spitzer has weighed in on the current regulatory questions pertaining to hedge funds. According to his remarks, policing the$800 billion hedge fund industry is unnecessary, because the funds […]
Former Soros Fund Manager Returns 5.1% in First Quarter
WEST PALM BEACH, FL (HEDGECO.NET) – Arminio Fraga launched his fund in August last year. The Gavea Brasil FIF hedge fund is among the 87 hedge funds tracked by Bloomberg, and his fund posted a 5.1%return for the 1st quarter, […]
Sadis & Goldberg LLC Hires Two New Hedge Fund Advisers
WEST PALM BEACH, FL (HEDGECO.NET) – Sadis & Goldberg, a hedge fund financial services and advisory firm announced the recruitment of two new attorneys, Amy Dobson and Benjamin B. Bedell. Bothattorneys are assigned to the firm�s Corporate and Financial Services […]