Category Archives: HedgeCo News

Mellon HBV Refocuses its Mandate from Special Situations to Event Driven

WEST PALM BEACH, FL (HEDGECO.NET) – Mellon HBV Asset Management has refocused its U.S. Special Situations strategy to Event Driven, according to a new press release. The release explained that thechange was made necessary by unfolding �key event-driven investment opportunities.� […]

French Banking Giant and Global Asset Manager Under Investigation

WEST PALM BEACH, FL (HEDGECO.NET) – The French asset management firm and banking giant, BNP Paribas is under investigation by the district attorney�s office of Manhattan, New York. The investigationwas triggered by possible improper banking practices discovered by internal audit […]

Man Group Unveils New Hedge Fund of Funds for US Tax-Advantaged Investors

WEST PALM BEACH, FL (HEDGECO.NET) – Man Group PLC has unveiled a new registered fund aimed at US Tax-Advantaged Investors, according to a recent press release. The new product, Man-Glenwood LexingtonTEI, LLC, is sponsored by Glenwood Capital Investments, L.L.C., and […]

OMAM to Launch Two New Hedge Funds

WEST PALM BEACH, FL (HEDGECO.NET) – The Old Mutual investment managing company has announced plans to launch two new hedge fund strategies according to a press release. The two funds will employlong-short strategies in trading equities the statement said. The […]

World’s First Sharia Hedge Fund Launched

WEST PALM BEACH, FL (HEDGECO.NET) – New types of hedge funds continue to hit the hedge fund market, according to published reports, as Islamic hedge funds have recently launched. The Saudi Economicand Development Company have introduced a new Sharia compliant […]

BAREP Asset Management Unveils New Hedge Fund

WEST PALM BEACH, FL (HEDGECO.NET) – BAREP Asset Management has announced the launching of its latest hedge fund, the BAREP Condor Long/Short equity fund. The new portfolio was seeded with about $100million according to a recently released statement. The managers […]

German Authorities to Loosen Hedge Fund Tax Reporting Rules

WEST PALM BEACH, FL (HEDGECO.NET) – The German authorities will be loosening hedge fund tax reporting requirements according to Dow Jones News. The development follows recent announcements by Germanregulators that hedge funds have been authorized for retail investors in the […]

Van Hedge Teams up with Avenue Financial to offer Hedge Funds

WEST PALM BEACH, FL (HEDGECO.NET) – Van Hedge Fund Advisors have entered into a strategic agreement with Avenue Financial corp. to offer customized fund of hedge funds products. The new products,according to the report will offer investors opportunity for diversification. […]

AIMA Launches Singapore Chapter

WEST PALM BEACH, FL (HEDGECO.NET) – The Alternative Investment Management Association [AIMA] announced recently the opening of its branch office in Singapore. This move comes amidst strong growth ofhedge funds and other alternative investment instruments in the Asia Pacific region. […]

CFTC Charges Equity Financial Group with Fraudulent Solicitation

WEST PALM BEACH, FL (HEDGECO.NET) – Equity Financial Group LLC, along with its President Vincent Firth was charged by the Commodities Futures Trading Commission [CFTC] with fraudulently solicitingmore than $5.7 million from 29 or more investors for its fund, Shasta […]

Fugitive Hedge Fund Manager Caught

WEST PALM BEACH, FL (HEDGECO.NET) – Donald O�Neill, a fugitive hedge fund manager was captured in Rome, Italy; O�Neill is being sought in connection with defrauding unsuspecting investors through hisfraudulent currency hedge fund operations. The FBI working in conjunction with […]

Brazilian Hedge Fund will open to Investors outside Brazil

WEST PALM BEACH, FL (HEDGECO.NET) – Hedging-Griffo, the Brazilian hedge fund company, announced it would open its first fund to international investors, according to Mr. Luis Stuhlberger, the head ofthe investment team for the firm. The HG Verdas fund invests […]